News headlines about AES Corp (NYSE:AES) have been trending positive this week, according to Alpha One. The research firm, a unit of Accern, identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AES Corp earned a daily sentiment score of 0.31 on Alpha One’s scale. Alpha One also gave media stories about the utilities provider an impact score of 75 out of 100, indicating that recent news coverage is likely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Alpha One Sentiment Analysis’s scoring:
- Herndon Capital Management LLC Cut Aes Corp/Va (AES) Position by $43.79 Million; Shares Were Volatile – Finance News Daily (finnewsdaily.com)
- The AES Corp. breached its 50 day moving average in a Bearish Manner : AES-US : May 19, 2017 (finance.yahoo.com)
- Why Complete End-to-End Fingerprint Security Matters (finance.yahoo.com)
- The Livforsakringsbolaget Skandia Omsesidigt Continues to Hold Stake in AES Corp (AES) – BangaloreWeekly (bangaloreweekly.com)
- Is AES Corp. (AES) a Great Stock for Value Investors? – Nasdaq (nasdaq.com)
AES Corp (NYSE:AES) opened at 11.20 on Friday. The company’s market cap is $7.39 billion. AES Corp has a 12 month low of $10.73 and a 12 month high of $13.32. The company’s 50-day moving average is $11.32 and its 200 day moving average is $11.48.
AES Corp (NYSE:AES) last announced its earnings results on Monday, May 8th. The utilities provider reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by $0.03. The company had revenue of $3.49 billion for the quarter, compared to analysts’ expectations of $3.46 billion. AES Corp had a negative net margin of 1.95% and a positive return on equity of 14.01%. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.15 EPS. Equities analysts forecast that AES Corp will post $1.05 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Monday, May 15th. Investors of record on Monday, May 1st were given a dividend of $0.12 per share. The ex-dividend date was Thursday, April 27th. This represents a $0.48 annualized dividend and a dividend yield of 4.29%. AES Corp’s payout ratio is -117.07%.
Several research firms have recently weighed in on AES. Zacks Investment Research lowered shares of AES Corp from a “buy” rating to a “hold” rating in a research report on Friday, February 17th. Argus reiterated a “hold” rating on shares of AES Corp in a report on Thursday, March 23rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $12.33.
About AES Corp
The AES Corporation is a holding company. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. It is organized into six strategic business units (SBUs): the United States; Andes; Brazil; Mexico, Central America and the Caribbean (MCAC); Europe, and Asia.
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