EPS for The AES Corporation (AES) Expected At $0.29

July 14, 2018 - By Nadine Davis

The AES Corporation (NYSE:AES) LogoInvestors sentiment increased to 1.26 in Q1 2018. Its up 0.41, from 0.85 in 2017Q4. It is positive, 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.
Reliance Com Of Delaware stated it has 33,206 shares or 0.06% of all its holdings. State Of New Jersey Common Pension Fund D invested in 0.01% or 280,000 shares. Utah Retirement invested in 0.03% or 122,954 shares. Stoneridge Investment Ptnrs Ltd Liability Company holds 203,363 shares. 112,336 are owned by Panagora Asset Mgmt. Bluecrest Capital Mngmt Ltd has invested 0.01% in The AES Corporation (NYSE:AES). 1.28 million are owned by State Teachers Retirement System. The New York-based Etrade Management Ltd Liability Company has invested 0.03% in The AES Corporation (NYSE:AES). Captrust Financial has invested 0.06% of its portfolio in The AES Corporation (NYSE:AES). Dynamic Capital Management Ltd has invested 3.37% in The AES Corporation (NYSE:AES). Visionary Asset Mngmt has 1.05% invested in The AES Corporation (NYSE:AES). Robeco Institutional Asset Mgmt Bv has invested 0.02% in The AES Corporation (NYSE:AES). Bridgewater Associate Limited Partnership holds 50,148 shares or 0.01% of its portfolio. Goldman Sachs Group Inc holds 0.05% or 17.45M shares. Suntrust Banks accumulated 12,545 shares.

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 3.72M 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. Bank of America downgraded it to “Hold” rating and $1200 target in Wednesday, May 16 report. The firm earned “Neutral” rating on Wednesday, June 20 by UBS. SunTrust maintained The AES Corporation (NYSE:AES) on Monday, February 12 with “Buy” rating. On Monday, March 19 the stock rating was maintained by JP Morgan with “Overweight”.

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

The AES Corporation (NYSE:AES) Ratings Chart

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