For its third fiscal quarter (ending September 30), Ameren Corporation (NYSE: AEE) has reported a -9% decline in E.P.S. from $1.88 a year ago to $1.71 in the current quarter. For the latest four quarters through September 30, E.P.S. were $4.26 versus $4.42 for the same period a year ago — a decline of -4%.
Recent Price Action
Ameren Corporation (NYSE: AEE) stock rose slightly by 0.1% on 11/6/24. The stock closed at $87.77. Moreover, above average trading volume at 131% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 2.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, AEE is expected to continue to be an important Value Builder.
Ameren has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Ameren has a slightly positive Appreciation Score of 64 and a very high Power Rating of 86, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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