Ameren Corporation (AEE): Don’t Rush To Buy This Stock

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Ameren Corporation (NYSE:AEE) changes shares on Tuesday trading session, with a change of 3.67% or $2.91 shares. The trading starts at $79.03 and closed at $79.28 throughout the day. The trading session low price was $79.01 and day high was $82.43 on Tuesday, August 04. After the session, the Utilities sector daily volume shifted to 2.63 million while its average volume is 1.76M. In other hand, the AEE market cap reached to $20.12B. While, its current target price is $81.00.

On March 26, 2020, BRIEF-Ameren Corp Says CEO Warner Baxter’s FY 2019 Total Compensation Was $9.7 Million. According to the news reported on Reuters, * AMEREN CORP SAYS CEO WARNER BAXTER’S FY 2019 TOTAL COMPENSATION WAS $9.7 MILLION VERSUS $8.5 MILLION IN FY 2018 – SEC FILING

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 3.16% and up 12.07% for month. Its quarterly performance was 13.92% above, while its half year performance is down -0.10%. AEE yearly performance stood at positive 9.51% and rise 7.02% for year-to-date. Current recommendation for Ameren Corporation is 1.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AEE EPS (TTM) for 12-month is 3.16. EPS for this year is 1.10%, while for the next year its value is 3.76. Sales growth for the current quarter is 4.44 while its EPS Q/Q reached -24.10%. It has an EPS of 6.90% up for past five years and for the next five years will be up 5.85%.

Let’s take a look on the analyst recommendations on AEE for the current month and previous month. For the current month, 8 of 13 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 1 as underweight and 4 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $76.00 – $88.00. Average target price for AEE was reached at $81.73.

The insider ownership moved to 0.50% and institutional holding shifted to 83.10%.

The company posted an EPS (TTM) of 3.16. According to the most recent quarter report on Name, NextEra Energy, Inc. analysts estimated an average EPS of Agnico Eagle Mines Limited, while AMETEK, Inc. EPS posted a year ago period. Analyst Estimated EPS for AEE published in the report was $AgeX Therapeutics, Inc. – $American Electric Power Company during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AEE rise 8.25% for period of 200 days. SMA for 50 days was 10.32% which is showing green signal, while SMA-20 was 5.85%.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AEE stock. On Mar 13, Lindgren Mark C, SVP & Chief HR Officer of Sub, sold 3,650 trading shares at the cost of $73.85, which valued at 0.27 million. On Mar 12, BIRK MARK C, SVP of Subsidiary, sold 5,000 shares at the cost of $73.07, with total shares of 70,351. On Mar 05, Nwamu Chonda J, SVP, GC & Secretary, sold 1,693 shares at the cost of 86.00. After this transaction, Nwamu Chonda J total shares reached to 11,706 which valued at 0.15 million.