|Bid||15.05 x 1000|
|Ask||17.50 x 39400|
|Day's Range||15.41 - 15.63|
|52 Week Range||9.87 - 16.28|
|Beta (3Y Monthly)||0.59|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 25, 2019 - Mar 1, 2019|
|Forward Dividend & Yield||0.52 (3.47%)|
|1y Target Est||16.00|
A.M. Best has upgraded the Long-Term Issuer Credit Rating to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ of AES Global Insurance Company .
The AES Corporation United States Strategic Business Unit announced today that Indianapolis Power & Light Company and Dayton Power and Light Company President and CEO Craig Jackson has resigned to spend more time with his family and begin exploring new career opportunities.
A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of AES Global Insurance Company (AGIC) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable. The upgrade of the Long-Term ICR reflects AGIC’s balance sheet strength, which A.M. Best categorizes as strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
As we approach the end of 2018, let’s take a look at the top gains and losses among utilities. AES (AES), one of the smallest components of the Utilities ETF (XLU), has gained more than 40% in 2018. Better-than-expected quarterly earnings prompted AES’s market performance in 2018.
Let’s take a look at the valuations of some of the top-rallying utility stocks in 2018. AES (AES), one of the top gainers among the S&P 500 Utilities in 2018, is trading at a forward PE multiple of 11.5x based on its estimated EPS for 2019. In comparison, the peer average forward PE multiple is over 17x. AES’s five-year historical average PE multiple is also higher than its current multiple. AES looks to be trading at a discounted valuation compared to its peers and its historical average.
AES Corporation (AES), one of the smallest constituents of the Utilities ETF (XLU), has gained more than 40% so far this year. The Vanguard Group continued to add to its existing stake in AES in Q3. It bought net 4.7 million shares of AES in Q3 and raised its stake to 12.4% as of September 30. In the second quarter, The Vanguard Group bought net 6.8 million shares of AES.
AES (AES), one of the smallest elements of the Utilities ETF (XLU), has rallied 43% in 2018. Analysts expect a potential upside of 1.7% in AES for the next 12 months. Among the ten analysts tracking AES, four recommended a “buy” for the stock, while five recommended a “hold.” One analyst has recommended a “sell” as of November 19.
AES Corp (AES) intends to increase renewable share in its production portfolio, thereby curbing carbon footprint by 70% within 2030 from 2016-levels.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The current level displays a neutral indicator.
AES (AES), one of the smallest constituents of the Utilities ETF (XLU), is the top-rallied stock among its peers. So far, AES has risen more than 43% in 2018. Strong quarterly earnings growth influenced AES’s market performance in 2018. Currently, AES is trading close to its four-year high.
The report, which AES says is a first for its industry, comes after ValueAct Capital Partners LP took a stake in the utility company in January and the fund’s CEO Jeff Ubben joined the board to help steer it further in a clean direction. The company also said it will cut the carbon intensity of its power fleet by 70 percent by 2030, deeper than its previous goal of a 50 percent decrease. “The company is creatively applying technology to the problem of carbon emissions, providing a roadmap of sorts in the energy transition,” Ubben said.
The AES Corporation (AES) today announced a goal to reduce its carbon intensity by 70 percent by 2030 as a result of its stated renewable growth plans. The Company also published the AES Climate Scenario Report, which includes an impact analysis of a 2° Celsius scenario on the Company’s strategy and business, fulfilling its April 2018 commitment to adopt the recommendations of the TCFD.
NEW YORK, Nov. 12, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Moody's Investors Service ("Moody's") today affirmed the Baa3 senior secured debt rating of IPALCO Enterprises, Inc. (IPALCO) and the ratings of its regulated utility subsidiary Indianapolis Power & Light Company (IPL), including its Baa1 Issuer Rating, A2 senior secured rating and Baa3 preferred stock rating. The rating outlooks of IPALCO and IPL remain stable.
Andrés Ricardo Weilert became the CEO of The AES Corporation (NYSE:AES) in 2011. This analysis aims first to contrast CEO compensation with other large companies. Next, we’ll consider growth that Read More...
AES (AES) delivered earnings and revenue surprises of 20.69% and -20.29%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Arlington, Virginia-based company said it had net income of 15 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 35 cents per ...
AES Corporation (AES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
The Dayton Power and Light Company , a subsidiary of The AES Corporation , begins the fourth year of the Gift of Power assistance program to help local families struggling to pay their winter heating bills.
AES credit default swap spreads are within the middle of their range for the last three years. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.