AES (NYSE:AES – Get Free Report) issued an update on its FY25 earnings guidance on Friday morning. The company provided EPS guidance of $2.10-2.26 for the period, compared to the consensus EPS estimate of $2.03. AES also updated its FY 2025 guidance to 2.100-2.260 EPS.
AES Stock Performance
Shares of AES stock opened at $10.41 on Friday. AES has a 12-month low of $9.88 and a 12-month high of $22.21. The firm has a market capitalization of $7.40 billion, a price-to-earnings ratio of 7.23, a price-to-earnings-growth ratio of 0.82 and a beta of 0.99. The business has a 50 day simple moving average of $11.54 and a 200 day simple moving average of $14.59. The company has a debt-to-equity ratio of 3.21, a current ratio of 0.85 and a quick ratio of 0.80.
AES (NYSE:AES – Get Free Report) last released its earnings results on Friday, February 28th. The utilities provider reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.20. The firm had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.07 billion. AES had a return on equity of 27.30% and a net margin of 8.34%. During the same period in the prior year, the firm posted $0.73 earnings per share. On average, equities research analysts anticipate that AES will post 1.93 EPS for the current year.
AES Dividend Announcement
Analyst Ratings Changes
AES has been the subject of a number of research analyst reports. Mizuho cut their target price on AES from $24.00 to $16.00 and set an “outperform” rating for the company in a research report on Thursday, November 21st. HSBC assumed coverage on AES in a research report on Friday, December 13th. They set a “buy” rating and a $17.00 price objective for the company. Hsbc Global Res upgraded AES to a “strong-buy” rating in a research report on Friday, December 13th. Barclays cut their price objective on AES from $17.00 to $12.00 and set an “overweight” rating for the company in a research report on Monday, January 27th. Finally, Bank of America started coverage on AES in a research report on Monday, November 25th. They set an “underperform” rating and a $11.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, AES currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.80.
Check Out Our Latest Stock Analysis on AES
About AES
The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.
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