An Important Check-Up On American Electric Power Company Inc (NASDAQ: AEP)

American Electric Power Company Inc (AEP) concluded trading on Thursday at a closing price of $97.47, with 4.43 million shares of worth about $431.56 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.09% during that period and on January 23, 2025 the price saw a loss of about -0.02%. Currently the company’s common shares owned by public are about 532.47M shares, out of which, 530.94M shares are available for trading.

Stock saw a price change of 2.47% in past 5 days and over the past one month there was a price change of 6.83%. Year-to-date (YTD), AEP shares are showing a performance of 5.68% which increased to 26.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $75.22 but also hit the highest price of $105.18 during that period. The average intraday trading volume for American Electric Power Company Inc shares is 2.96 million. The stock is currently trading 3.93% above its 20-day simple moving average (SMA20), while that difference is up 2.84% for SMA50 and it goes to 3.41% higher than SMA200.

American Electric Power Company Inc (NASDAQ: AEP) currently have 532.47M outstanding shares and institutions hold larger chunk of about 77.55% of that.

The stock has a current market capitalization of $51.91B and its 3Y-monthly beta is at 0.57. PE ratio of stock for trailing 12 months is 19.57, while it has posted earnings per share of $4.98 in the same period. Its PEG reads 3.03 and has Quick Ratio of 0.41 while making debt-to-equity ratio of 1.66. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AEP, volatility over the week remained 1.63% while standing at 1.68% over the month.

Stock’s fiscal year EPS is expected to rise by 6.84% while it is estimated to increase by 4.78% in next year. EPS is likely to grow at an annualized rate of 6.45% for next 5-years, compared to annual growth of 1.73% made by the stock over the past 5-years.

Coverage by BofA Securities stated American Electric Power Company Inc (AEP) stock as a Buy in their note to investors on January 13, 2025, suggesting a price target of $104 for the stock. On December 12, 2024, Scotiabank Downgrade their recommendations, while on December 12, 2024, JP Morgan Downgrade their ratings for the stock with a price target of $102. Stock get a Hold rating from Jefferies on September 20, 2024.

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