Analysts See $0.29 EPS for The AES Corporation (AES)

July 14, 2018 - By Mary Markley

The AES Corporation (NYSE:AES) LogoInvestors sentiment increased to 1.26 in 2018 Q1. Its up 0.41, from 0.85 in 2017Q4. It increased, as 30 investors sold The AES Corporation shares while 137 reduced holdings. 60 funds opened positions while 150 raised stakes. 605.58 million shares or 1.39% more from 597.29 million shares in 2017Q4 were reported.
Eaton Vance has 222,080 shares for 0.01% of their portfolio. First Republic Mngmt has invested 0% in The AES Corporation (NYSE:AES). Visionary Asset Mgmt Inc owns 283,177 shares for 1.05% of their portfolio. Oppenheimer Asset has 168,981 shares for 0.05% of their portfolio. Dreman Value Management L L C reported 0.2% stake. Miller Howard Invests Inc Ny has invested 1.26% in The AES Corporation (NYSE:AES). State Bank Of Montreal Can reported 0.02% in The AES Corporation (NYSE:AES). Parametric Assoc Lc invested 0.03% of its portfolio in The AES Corporation (NYSE:AES). 1832 Asset Mgmt Ltd Partnership reported 405 shares stake. Lenox Wealth Mngmt Inc stated it has 1,456 shares. Moreover, Commerzbank Aktiengesellschaft Fi has 0.01% invested in The AES Corporation (NYSE:AES). Electron Cap Prtnrs Limited Liability Co has 8.26% invested in The AES Corporation (NYSE:AES) for 3.83 million shares. 929,897 were reported by State Board Of Administration Of Florida Retirement System. Alexandria Capital Lc has 0.44% invested in The AES Corporation (NYSE:AES). The North Carolina-based Bb&T Corporation has invested 0.03% in The AES Corporation (NYSE:AES).

Analysts expect The AES Corporation (NYSE:AES) to report $0.29 EPS on August, 14.They anticipate $0.04 EPS change or 16.00 % from last quarter’s $0.25 EPS. AES’s profit would be $191.80 million giving it 11.36 P/E if the $0.29 EPS is correct. After having $0.28 EPS previously, The AES Corporation’s analysts see 3.57 % EPS growth. The stock increased 0.61% or $0.08 during the last trading session, reaching $13.18. About 3.72 million shares traded. The AES Corporation (NYSE:AES) has risen 5.35% since July 14, 2017 and is uptrending. It has underperformed by 7.22% the S&P500.

The AES Corporation (NYSE:AES) Ratings Coverage

Among 5 analysts covering AES (NYSE:AES), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. AES had 6 analyst reports since February 2, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, May 16 by Bank of America. JP Morgan maintained The AES Corporation (NYSE:AES) on Monday, March 19 with “Overweight” rating. SunTrust maintained the shares of AES in report on Monday, February 12 with “Buy” rating. The stock of The AES Corporation (NYSE:AES) has “Neutral” rating given on Wednesday, June 20 by UBS.

The AES Corporation operates as a diversified power generation and utility company. The company has market cap of $8.72 billion. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. It currently has negative earnings. The firm also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user clients in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.

More recent The AES Corporation (NYSE:AES) news were published by: Fool.com which released: “AES Corporation Stock Downgraded: What You Need to Know” on July 02, 2018. Also Benzinga.com published the news titled: “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 2)” on June 19, 2018. Seekingalpha.com‘s news article titled: “AES Corp. -2% after BAML downgrade” with publication date: July 02, 2018 was also an interesting one.

The AES Corporation (NYSE:AES) Ratings Chart

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