The AES Corporation (AES) Earning Somewhat Favorable Media Coverage, Accern Reports

Media headlines about The AES Corporation (NYSE:AES) have trended somewhat positive on Sunday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. The AES Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the utilities provider an impact score of 45.1515253682573 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

The AES Corporation (NYSE:AES) opened at $10.61 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.99 and a debt-to-equity ratio of 3.20. The company has a market capitalization of $7,006.71, a P/E ratio of 10.50, a price-to-earnings-growth ratio of 1.27 and a beta of 1.22. The AES Corporation has a 1 year low of $10.00 and a 1 year high of $12.47.

The AES Corporation (NYSE:AES) last issued its quarterly earnings results on Thursday, November 2nd. The utilities provider reported $0.24 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.05). The business had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.63 billion. The AES Corporation had a positive return on equity of 15.14% and a negative net margin of 5.43%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.32 earnings per share. equities analysts anticipate that The AES Corporation will post 1.02 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date of this dividend was Tuesday, October 31st. The AES Corporation’s dividend payout ratio is presently -41.03%.

AES has been the topic of several recent analyst reports. BidaskClub raised The AES Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 23rd. Zacks Investment Research raised The AES Corporation from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a research report on Thursday, August 24th. ValuEngine downgraded The AES Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $12.00 price target on shares of The AES Corporation in a research report on Monday, September 11th. Finally, Bank of America Corporation raised The AES Corporation from a “neutral” rating to a “buy” rating and set a $12.00 price target on the stock in a research report on Monday, November 13th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The AES Corporation currently has an average rating of “Hold” and an average price target of $12.75.

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In other news, CFO Thomas M. O’flynn acquired 9,500 shares of the stock in a transaction dated Monday, November 13th. The shares were acquired at an average cost of $10.64 per share, for a total transaction of $101,080.00. Following the completion of the transaction, the chief financial officer now owns 219,131 shares in the company, valued at approximately $2,331,553.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Andres Gluski acquired 24,632 shares of the stock in a transaction dated Friday, November 10th. The shares were purchased at an average price of $10.17 per share, for a total transaction of $250,507.44. Following the completion of the transaction, the insider now owns 868,396 shares of the company’s stock, valued at approximately $8,831,587.32. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 38,832 shares of company stock worth $401,407. 1.09% of the stock is currently owned by company insiders.

The AES Corporation Company Profile

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.

Insider Buying and Selling by Quarter for The AES Corporation (NYSE:AES)

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