There Is Clear Momentum For American Electric Power Company Inc (NASDAQ: AEP)

American Electric Power Company Inc (AEP) concluded trading on Thursday at a closing price of $105.16, with 3.6 million shares of worth about $378.77 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.20% during that period and on February 27, 2025 the price saw a loss of about -1.62%. Currently the company’s common shares owned by public are about 532.91M shares, out of which, 531.50M shares are available for trading.

Stock saw a price change of 0.78% in past 5 days and over the past one month there was a price change of 5.16%. Year-to-date (YTD), AEP shares are showing a performance of 14.02% which increased to 30.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $79.16 but also hit the highest price of $107.84 during that period. The average intraday trading volume for American Electric Power Company Inc shares is 2.95 million. The stock is currently trading 2.98% above its 20-day simple moving average (SMA20), while that difference is up 8.01% for SMA50 and it goes to 9.32% higher than SMA200.

American Electric Power Company Inc (NASDAQ: AEP) currently have 532.91M outstanding shares and institutions hold larger chunk of about 77.47% of that.

The stock has a current market capitalization of $56.07B and its 3Y-monthly beta is at 0.49. PE ratio of stock for trailing 12 months is 18.82, while it has posted earnings per share of $5.59 in the same period. Its PEG reads 3.01 and has Quick Ratio of 0.31 while making debt-to-equity ratio of 1.70. 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 1.67% while standing at 1.90% over the month.

Stock’s fiscal year EPS is expected to rise by 4.59% while it is estimated to increase by 7.18% in next year. EPS is likely to shrink at an annualized rate of 6.26% for next 5-years, compared to annual growth of 7.56% 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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