AES (NYSE:AES) updated its FY19 earnings guidance on Friday. The company provided EPS guidance of $1.30-1.38 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.34.

Several research firms have recently weighed in on AES. ValuEngine raised AES from a sell rating to a hold rating in a research report on Wednesday, October 16th. Evercore ISI set a $19.00 price objective on AES and gave the stock a buy rating in a research report on Wednesday, August 7th. TheStreet raised AES from a c+ rating to a b rating in a research report on Wednesday, November 6th. Finally, Morgan Stanley lifted their price objective on AES from $17.50 to $18.00 and gave the stock an equal weight rating in a research report on Wednesday, September 25th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of Buy and an average price target of $17.64.

AES stock opened at $18.50 on Friday. AES has a 1-year low of $13.55 and a 1-year high of $18.64. The firm has a market cap of $12.27 billion, a PE ratio of 14.92, a price-to-earnings-growth ratio of 1.63 and a beta of 1.05. The stock has a 50-day moving average price of $16.98 and a 200-day moving average price of $16.44. The company has a current ratio of 1.10, a quick ratio of 1.00 and a debt-to-equity ratio of 3.32.

AES (NYSE:AES) last issued its earnings results on Wednesday, November 6th. The utilities provider reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.08. AES had a return on equity of 22.67% and a net margin of 4.90%. The business had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same period in the previous year, the company posted $0.35 EPS. The firm’s revenue was down 7.5% compared to the same quarter last year. On average, analysts forecast that AES will post 1.34 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were given a $0.137 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date of this dividend was Thursday, October 31st. AES’s payout ratio is 44.35%.

In related news, SVP Julian Nebreda sold 18,864 shares of the business’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $15.24, for a total value of $287,487.36. Following the completion of the sale, the senior vice president now directly owns 35,314 shares of the company’s stock, valued at approximately $538,185.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.06% of the company’s stock.

AES Company Profile

The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also 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.

See Also: Swap

Earnings History and Estimates for AES (NYSE:AES)

Receive News & Ratings for AES Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AES and related companies with's FREE daily email newsletter.