Currently, there are 532.91M common shares owned by the public and among those 532.23M shares have been available to trade.
The company’s stock has a 5-day price change of 5.73% and 17.14% over the past three months. AEP shares are trading 17.50% year to date (YTD), with the 12-month market performance up to 25.87% higher. It has a 12-month low price of $79.16 and touched a high of $109.76 over the same period. AEP has an average intraday trading volume of 4.00 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.99%, 5.06%, and 10.64% respectively.
Institutional ownership of American Electric Power Company Inc (NASDAQ: AEP) shares accounts for 77.38% of the company’s 532.91M shares outstanding.
It has a market capitalization of $57.87B and a beta (3y monthly) value of 0.42. The stock’s trailing 12-month PE ratio is 19.39, while the earnings-per-share (ttm) stands at $5.59. The company has a PEG of 3.10 and a Quick Ratio of 0.31 with the debt-to-equity ratio at 1.70. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.69% over the week and 1.93% over the month.
Earnings per share for the fiscal year are expected to increase by 4.66%, and 7.03% over the next financial year. EPS should shrink at an annualized rate of 6.25% over the next five years, compared to 7.56% over the past 5-year period.
BofA Securities coverage for the American Electric Power Company Inc (AEP) stock in a research note released on January 13, 2025 offered a Buy rating with a price target of $104. Scotiabank was of a view on December 12, 2024 that the stock is Sector Perform, while JP Morgan gave the stock Neutral rating on December 12, 2024, issuing a price target of $109- $102. Jefferies on their part issued Hold rating on September 20, 2024.
