For its second fiscal quarter (ending June 30), The AES Corp (NYSE: AES) has reported E.P.S. of $0.27 compared to $-0.06 a year ago. For the latest four quarters through June 30, E.P.S. were $1.07 compared to $-0.55 a year ago.
Recent Price Action
The AES Corp (NYSE: AES) stock rose modestly by 0.7% on 8/1/24. The stock closed at $17.91. Moreover, this advance was accompanied by above average trading volume at 124% of normal. The stock has performed in line with the market over the last nine months and has risen 3.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, AES is expected to continue to be a major Value Builder.
AES has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. AES has a neutral Power Rating of 54 and a neutral Appreciation Score of 55, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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