Mizuho has recently raised Ameren Corp (AEE) stock to Outperform rating, as announced on September 16, 2024, according to Finviz. Earlier, on July 19, 2024, UBS had resumed the stock to Buy, setting a price target of $87. for AEE stock. Barclays also raised Overweight rating with a price target of $77. Additionally, Goldman initiated Sell rating on April 10, 2024, with a target price of $73. BofA Securities analysts, in their report published on January 4, 2024, also reduced Neutral rating and set a price target of $77 for Ameren Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Ameren Corp (AEE) Stock Trading Recap
On Monday, Ameren Corp (AEE) stock saw a modest uptick, ending the day at $85.47 which represents a slight increase of $1.48 or 1.76% from the prior close of $83.99. The stock opened at $85.16 and touched a low of $84.67 during the day, reaching a high of $85.83. The volume of shares traded was 1.15 million falling short of the average volume of 1.38 million.
AEE Stock Performance and Moving Averages
In recent trading, Ameren Corp (AEE) stock price has shown some volatility, fluctuating 1.04% over the last five trades and 5.08% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 19.40%, and it has gained 21.89% in the previous three months. Currently, AEE is trading at 3.00%, 7.57%, and 15.18% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, AEE, a Utilities sector stock, is trading -0.12% below its 52-week high but remains 27.51% above its 52-week low. The Average True Range (ATR) (14 days) of 1.27 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Ameren Corp’s Profitability and Valuation Ratios
Ameren Corp’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 22.40% and a profit margin of 16.28%, with a gross margin of 19.40%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Ameren Corp’s market capitalization stands at $22.81 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 19.36, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 17.41. Additionally, the Price-to-Sales Ratio is 3.17, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.98, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.41% of Ameren Corp (AEE)’s shares, while financial institutions hold 80.52%.
Notable insider trades include Nwamu Chonda J, EVP, GC & Secretary at Ameren Corp (AEE), who sold 1610 shares on Aug 28 ’24, at $81.94 each, totaling $0.13 million. On Aug 20 ’24, MOEHN MICHAEL L, Sr Executive VP & CFO, sold 6500 shares for $82.53 each, amounting to $0.54 million. Additionally, on Jun 07 ’24, Flores Rafael sold 1500 shares at $71.29 each, generating $0.11 million.
