The AES Corporation’s Stock Price Skyrockets to $13.05, Marking a Stellar 6.01% Increase

The AES Corporation (AES)

13.05 USD +0.74 (+6.01%) Volume: 18.24M

The AES Corporation’s stock price is currently standing at 13.05 USD, marking a significant trading session increase of +6.01%. With a substantial trading volume of 18.24M, AES has also demonstrated a positive year-to-date percentage change of +1.40%, indicating a promising trend for investors.

Latest developments on The AES Corporation

Today, AES Corp stock price saw a strong performance, outperforming its competitors in the market. This surge comes after recent reports indicating that the company’s growth plan is on track, with potential for the stock to double in value. Investors took notice, with Carret Asset Management LLC purchasing a significant number of shares, while Victory Capital Management Inc. reduced its stock position. Steward Partners Investment Advisory LLC also sold a large number of shares, in contrast to Intact Investment Management Inc. and Zurcher Kantonalbank Zurich Cantonalbank increasing their holdings. HighTower Advisors LLC, on the other hand, sold a substantial amount of shares. Atria Investments Inc maintained a significant $1.43 million stock holding in AES Corp, reflecting a mix of buying and selling activity that influenced today’s stock price movements.

The AES Corporation on Smartkarma

Analysts at Baptista Research have been closely following Aes Corp on Smartkarma, a platform where independent analysts publish their research. In their recent report titled “AES Corporation: Renewable Energy Growth & Investment Progress Driving Our Optimism!”, the analysts expressed a bullish sentiment towards the company. Despite facing challenges from extreme weather events in Colombia and Brazil, Aes Corp achieved a record adjusted EPS of $2.14 in 2024, exceeding their guidance range.

Furthermore, in another report titled “The AES Corporation: Its Renewable Energy Expansion and Project Pipeline Driving Our ‘Buy’ Rating! – Major Drivers”, Baptista Research highlighted Aes Corp‘s positive advancements in renewable energy expansion and U.S. utility growth. The analysts acknowledged the company’s strategic goals alignment with its performance, despite facing headwinds from severe weather conditions in South America. Baptista Research aims to evaluate various factors influencing the company’s price and conduct an independent valuation using a Discounted Cash Flow (DCF) methodology.

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

Looking at the Smartkarma Smart Scores for Aes Corp, the company seems to have a positive long-term outlook. With high scores in Dividend and Growth, it indicates that the company is performing well in terms of rewarding its shareholders and expanding its business. However, the lower score in Resilience suggests that there may be some vulnerabilities that the company needs to address to ensure its sustainability in the long run.

Aes Corp‘s overall outlook, as indicated by the Smartkarma Smart Scores, seems promising with strong scores in Dividend and Growth. The company’s focus on providing dividends to its shareholders and its ability to grow its business are key strengths. However, the lower scores in Value and Momentum indicate that there may be areas for improvement in terms of the company’s valuation and market performance. Overall, Aes Corp‘s diverse portfolio and focus on alternative energy sources position it well for long-term success.

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.
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