The AES Corporation’s Stock Price Dips to $12.21, Experiences a 1.53% Decline: Is it Time to Buy?

The AES Corporation (AES)

12.21 USD -0.19 (-1.53%) Volume: 13.45M

The AES Corporation’s stock price stands at 12.21 USD, trending downwards with a session change of -1.53%, and a trading volume of 13.45M shares. Despite a Year-To-Date decrease of -5.13%, AES remains a crucial player in the stock market.

Latest developments on The AES Corporation

Today, AES Corp (AES) stock price movements are influenced by various factors. In April, bets against utility stocks increased, with AES being the most shorted in the sector. Despite this, Investment Management Corp of Ontario acquired a significant number of shares, showing confidence in the company. On the other hand, Comerica Bank sold a substantial amount of AES shares. With AES stock losing 41% in the past year, investors are contemplating whether to buy on the dip, making today’s movements crucial for the company.

The AES Corporation on Smartkarma

Analysts at Baptista Research have published insightful reports on Aes Corp on Smartkarma, highlighting the company’s recent earnings performance and strategic outlook for the future. In their report titled “AES Corporation: Renewable Energy Growth & Investment Progress Driving Our Optimism!”, the analysts noted that despite facing challenges due to extreme weather events impacting operations in Colombia and Brazil, AES recorded a parent free cash flow of $1.1 billion and a record adjusted EPS of $2.14. This mixed performance has driven the analysts’ optimism about the company’s future.

Furthermore, in another report titled “The AES Corporation: Its Renewable Energy Expansion and Project Pipeline Driving Our ‘Buy’ Rating! – Major Drivers”, Baptista Research reviewed AES Corporation’s third-quarter earnings results for 2024. The analysts emphasized the positive advancements in renewable energy expansion and U.S. utility growth, although they acknowledged headwinds from severe weather conditions in South America. By evaluating various factors influencing the company’s price and conducting a Discounted Cash Flow analysis, the analysts maintain a ‘Buy’ rating on Aes Corp, highlighting the potential for growth and investment opportunities.

A look at The AES Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Aes Corp has a mixed long-term outlook. While the company scores well in terms of dividend and growth potential, with a score of 5 for both factors, it faces challenges in terms of value, resilience, and momentum, with scores ranging from 2 to 3. This indicates that while Aes Corp may offer a strong dividend and potential for growth, investors may need to carefully consider the company’s overall value and ability to withstand market fluctuations.

Aes Corp, a company that operates generation plants and distribution businesses in multiple countries, has received varying scores across different factors according to Smartkarma Smart Scores. With a focus on selling electricity under long term contracts and developing alternative energy sources, Aes Corp has shown strength in dividend payouts and growth potential. However, its lower scores in resilience and momentum suggest that the company may face challenges in adapting to market changes and maintaining consistent performance over time.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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