Earnings Estimates Analysis: American Electric Power Co., Inc. (AEP)

Marco Green
April 24, 2018

At present, the stock price sited at -12.23% from the 52 week high and situated at 8.21% from 52 week low. SunTrust maintained the stock with "Buy" rating in Monday, October 19 report. (NYSE:AEP) earned "Buy" rating by SunTrust on Thursday, November 9. Edgemoor Inv Advsr Incorporated holds 129,076 shares or 1.1% of its portfolio. It also reduced Owens Corning (NYSE:OC) stake by 290,431 shares and now owns 2.02M shares. 1,130,357 shares of the company's stock were exchanged, compared to its average volume of 3,353,553. MCLIN STEPHEN T sold $1.01M worth of stock. Quantum Capital Mgmt, California-based fund reported 137,590 shares. EFC's profit will be $9.50 million for 11.98 P/E if the $0.31 EPS becomes a reality. Coconut Grove Bank now owns 6,607 shares of the utilities provider's stock valued at $425,000 after buying an additional 216 shares in the last quarter. Its opening price on the last trading day was $68.73. (NYSE:AEP) for 1,029 shares. It has underperformed by 30.77% the S&P500.

Ellington Financial LLC, through its subsidiary Ellington Financial Operating Partnership LLC, operates as a specialty finance firm in the United States.

Market Capitalization/Outstanding Shares/Intraday Volume: The company's Market capitalization is $33.35B with the total Outstanding Shares of 487.18M. It primarily acquires and manages mortgage-related assets, including residential mortgage-backed securities backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the US government agency or the USA government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; commercial mortgage loans and other commercial real estate debt; mortgage servicing rights; and real property and mortgage-related derivatives. P/E and P/B ratios both are used on a regular basis by the investor to measure the value of the company and to get the right amount of the share.

A number of other research firms also recently issued reports on AEP. The American Electric Power Company, Inc. has shown a five days performance of 1.66% and thirty days performance stands at 2.32%. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company's stock. Therefore 70% are positive. Mastrapasqua Asset Mngmt has invested 0.14% in American Electric Power Company, Inc. (NYSE:AEP) has "Equal-Weight" rating given on Thursday, August 10 by Morgan Stanley. Evercore downgraded American Electric Power Company, Inc. The firm has "Neutral" rating given on Tuesday, April 10 by JP Morgan. SunTrust maintained American Electric Power Company, Inc. (NYSE:AEP) has "Buy" rating given on Thursday, January 18 by Deutsche Bank. The firm has "Buy" rating by SunTrust given on Monday, December 4.

Taking a look at the current stock price for VMware, Inc.

Analysts await American Electric Power Company, Inc. The Charles Schwab Corporation (NYSE:SCHW) has risen 30.72% since April 23, 2017 and is uptrending. RBC Capital Markets has "Hold" rating and $74.0 target. American Electric Power Company now has a consensus rating of "Hold" and an average price target of $71.60. JPMorgan Chase cut their price objective on shares of American Electric Power from $70.00 to $69.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 10th. The rating was maintained by Jefferies on Wednesday, July 19 with "Hold".

Investors sentiment increased to 2.45 in 2017 Q4. The stock decreased 1.78% or $0.86 during the last trading session, reaching $47.36.

Several equities analysts recently weighed in on AEP shares. 96 funds opened positions while 238 raised stakes.

The counter witnessed a trading volume of 1.82 million shares versus an average volume of 2.19 million shares during last trading session. America First Invest Advsrs Ltd Limited Liability Company has 0% invested in The Charles Schwab Corporation (NYSE:SCHW). (NYSE:AEP). South Texas Money Mngmt Limited has 3,994 shares. (NYSE:AEP). Blume Cap Mngmt reported 1,486 shares. Northwestern Mutual Wealth Management Communication reported 50,935 shares. (NYSE:AEP). Murphy Cap Mgmt has invested 0.23% in American Electric Power Company, Inc. (NYSE:AEP) for 45,272 shares. (NYSE:AEP). Envestnet Asset Management stated it has 111,313 shares or 0.02% of all its holdings.

Moving -0.33% from the most recent open, shares of American Electric Power Company, Inc. American Electric Power Company Inc. had 75 analyst reports since August 18, 2015 according to SRatingsIntel.

Among 10 analysts covering American Electric Power (NYSE:AEP), 7 have Buy rating, 0 Sell and 3 Hold.

Turning to Michael Kors Holdings Limited (NYSE:KORS), its shares were trading at $65.01 a retreat of $-0.7, on the trading floor. (NYSE:AEP). Wesbanco Comml Bank has 120,151 shares for 0.6% of their portfolio. (NYSE:AEP) for 5.23 million shares. Boston Partners holds 0.5% in EQT Corporation (NYSE:EQT) or 7.49M shares. Icon Advisers Co accumulated 13,000 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER