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American Electric Power Co., Inc. Message Board

  • i3201171flny i3201171flny Jul 25, 2014 12:57 PM Flag

    what am I missing

    I cant find anything to to cause this reaction.

    Sentiment: Buy

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    • Can't figure this one out they came out with super earnings and gross sales.
      Zacks has it as buy.....with excellent growth, it should have gone up
      harris freedman
      boynton beach florida

    • I'm baffled as well. I guess this is another case of Wall Street running the stops and taking people's money. Doesn't make sense for utilities to be selling off on a day when interest rates on treasuries are down significantly but I've been seeing this irrational pattern lately. If it goes against rational thinking, buy the dip I guess. If you look at fuel input costs today, Heating Oil is up about 1% but Nat. Gas is down 1.9%. I wonder what would've happened if they hadn't beaten on EPS by +6.7%, +9.6% y/y and beaten on Revs by +2.0%, +11.7% y/y. They also reaffirmed their forward FY '14 EPS guidance of 3.35 to 3.55 vs 3.48 est, which is +6.8% y/y at midpoint.

      Zacks still has this as a BUY after the earnings report. They say shale oil industry is booming in their area and will continue to fuel AEP growth.

63.53+0.07(+0.11%)Oct 26 4:01 PMEDT