American Electric Power Company Inc. (AEP): Yearly performance For AEP is stood at -2.82%


American Electric Power Company Inc. (NYSE:AEP) changes shares on Tuesday trading session, with a change of -0.27% or -$0.23 shares. The trading starts at $85.53 and closed at $85.77 throughout the day. The trading session low price was $85.18 and day high was $86.79 on Tuesday, August 04. After the session, the Utilities sector daily volume shifted to 2.16 million while its average volume is 3.24M. In other hand, the AEP market cap reached to $42.00B. While, its current target price is $91.69.

On March 11, 2020, BRIEF-American Electric Power Says CEO Nicholas Akins’ FY 2019 Total Compensation Was $14.5 Mln. According to the news reported on Reuters, * AMERICAN ELECTRIC POWER SAYS CEO NICHOLAS AKINS’ FY 2019 TOTAL COMPENSATION WAS $14.5 MILLION VERSUS $12.2 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 0.94% and up 4.16% for month. Its quarterly performance was 2.68% above, while its half year performance is down -16.85%. AEP yearly performance stood at negative -2.82% and fall -9.49% for year-to-date. Current recommendation for American Electric Power Company Inc. is 2.30.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AEP EPS (TTM) for 12-month is 3.72. EPS for this year is 0.10%, while for the next year its value is 4.64. Sales growth for the current quarter is 3.95 while its EPS Q/Q reached -13.60%. It has an EPS of 3.60% up for past five years and for the next five years will be up 5.82%.

On the other hand, target price ranges from $78.00 – $108.00. Average target price for AEP was reached at $92.26.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in American Electric Power Company Inc. (AEP) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 42.17 million shares which valued 3.37 billion. On Mar 30, 2020, Blackrock Inc. owned 36.21 million shares which valued at 2.9 billion. On Mar 30, 2020, State Street Corporation has a total of 27.01 million shares which valued at 2.16 billion. In the end, State Street Corporation have 5.45% shares outstanding of American Electric Power Company Inc. (AEP) on Mar 30, 2020. The insider ownership moved to 0.10% and institutional holding shifted to 76.40%.

The company posted an EPS (TTM) of 3.72. According to the most recent quarter report on (Jun 2020), 15 analysts estimated an average EPS of 1.06, while 1 EPS posted a year ago period. Analyst Estimated EPS for AEP published in the report was $1.03 – $1.09 during the same period. Comparing with last year, the average estimated EPS was 1 which is lower than 1.02 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AEP fall -3.68% for period of 200 days. SMA for 50 days was 2.20% which is showing green signal, while SMA-20 was 0.03%. The moving average value for American Electric Power Company Inc. (AEP) is 7.21M and 1.32% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AEP stock. On May 04, McCullough Mark C, Executive Vice President, sold 2,244 trading shares at the cost of $81.19, which valued at 0.18 million. On May 04, Feinberg David Matthew, Executive Vice President, sold 2,777 shares at the cost of $81.19, with total shares of 8,337. On May 04, Akins Nicholas K, President, CEO, sold 16,519 shares at the cost of 81.90. After this transaction, Akins Nicholas K total shares reached to 109,389 which valued at 1.35 million.