AES (NYSE:AES – Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.100-2.260 for the period, compared to the consensus estimate of 2.030. The company issued revenue guidance of -. AES also updated its FY25 guidance to $2.10-2.26 EPS.
AES Stock Up 12.3 %
AES stock traded up $1.28 during trading on Friday, reaching $11.66. 27,517,765 shares of the company traded hands, compared to its average volume of 14,713,907. The business has a 50 day simple moving average of $11.54 and a 200 day simple moving average of $14.59. AES has a 12 month low of $9.88 and a 12 month high of $22.21. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.80 and a current ratio of 0.85. The company has a market capitalization of $8.29 billion, a price-to-earnings ratio of 8.10, a price-to-earnings-growth ratio of 0.82 and a beta of 0.99.
AES (NYSE:AES – Get Free Report) last posted its earnings results on Friday, February 28th. The utilities provider reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.20. AES had a net margin of 8.34% and a return on equity of 27.30%. The company had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $3.07 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. On average, equities research analysts anticipate that AES will post 1.93 earnings per share for the current fiscal year.
AES Dividend Announcement
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the stock. HSBC began coverage on shares of AES in a research note on Friday, December 13th. They set a “buy” rating and a $17.00 price objective for the company. Mizuho cut their price objective on AES from $24.00 to $16.00 and set an “outperform” rating on the stock in a report on Thursday, November 21st. Susquehanna reduced their price objective on AES from $24.00 to $21.00 and set a “positive” rating for the company in a research note on Tuesday, November 5th. Barclays cut their price target on shares of AES from $17.00 to $12.00 and set an “overweight” rating on the stock in a report on Monday, January 27th. Finally, Hsbc Global Res upgraded shares of AES to a “strong-buy” rating in a research note on Friday, December 13th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.80.
Read Our Latest Research Report 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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