Why Acquire Shares Of The AES Corporation (AES)?
The AES Corporation (NYSE:AES) has a beta value of 0.81 and has seen 4.02 million shares traded in the last trading session. The company, currently valued at $17.03B, closed the last trade at $26.06 per share which meant it gained $0.32 on the day or 1.24% during that session. The AES stock price is -11.55% off its 52-week high price of $29.07 and 53.84% above the 52-week low of $12.03. If we look at the companys 10-day average daily trading volume, we find that it stood at 3.48 million shares traded. The 3-month trading volume is 5.69 million shares. The consensus among analysts is that The AES Corporation (AES) is an Overweight stock at the moment, with a recommendation rating of 1.90. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 11 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.3. The AES Corporation (NYSE:AES) trade information  Sporting 1.24% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, 06/15/21 when the AES stock price touched $26.06 or saw a rise of 0.87%. Year-to-date, The AES Corporation shares have moved 10.89%, while the 5-day performance has seen it change 2.92%. Over the past 30 days, the shares of The AES Corporation (NYSE:AES) have changed 2.72%. Short interest in the company has seen 12.0 million shares shorted with days to cover at 2. Wall Street analysts have a consensus price target for the stock at $29.56, which means that the shares value could jump 11.84% from current levels. The projected low price target is $27.50 while the price target rests at a high of $31.00. In that case, then, we find that the current price level is -18.96% off the targeted high while a plunge would see the stock gain -5.53% from current levels. The AES Corporation (AES) estimates and forecasts  Figures show that The AES Corporation shares have outperformed across the wider relevant industry. The companys shares have gained 23.22% over the past 6 months, with this year growth rate of 7.64%, compared to 6.00% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 20.00% and -2.40% for the next quarter. Revenue growth from the last financial year stood is estimated to be 2.90%. 2 analysts offering their estimates for the company have set an average revenue estimate of $2.4 billion for the current quarter. 2 have an estimated revenue figure of $2.48 billion for the next quarter concluding in Sep 2021. Year-ago sales stood $2.22 billion and $2.7 billion respectively for this quarter and the next, and analysts expect sales will grow by 8.40% for the current quarter and -8.20% for the next. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -32.60% over the past 5 years. Earnings growth for 2021 is a modest -85.80% while over the next 5 years, the companys earnings are expected to increase by 8.15%. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  AES Dividends  The AES Corporation is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. The forward dividend is 0.60 at a share yield of 2.30%. The companys dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.55%. The AES Corporation (NYSE:AES)s Major holders  Insiders own 0.33% of the company shares, while shares held by institutions stand at 97.47% with a share float percentage of 97.79%. Investors are also buoyed by the number of investors in a company, with The AES Corporation having a total of 826 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 83.18 million shares worth more than $1.95 billion. As of Dec 30, 2020, Vanguard Group, Inc. (The) held 12.45% of shares outstanding. The other major institutional holder is Capital World Investors, with the holding of over 80.07 million shares as of Dec 30, 2020. The firms total holdings are worth over $1.88 billion and represent 11.98% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are Income Fund of America Inc and Fundamental Investors Inc. As of Mar 30, 2021, the former fund manager holds about 3.35% shares in the company for having 22.41 million shares of worth $600.7 million while later fund manager owns 20.0 million shares of worth $536.3 million as of Mar 30, 2021, which makes it owner of about 2.99% of companys outstanding stock.