AES Corp. Stock Unexpectedly Underperforms Despite Daily Gains on Friday
July 7, 2023
🌧️Trending News
AES ($NYSE:AES) Corp., an energy company based in Arlington, Virginia, experienced surprisingly low gains in their stock price on Friday despite the S&P 500 Index closing higher by 1.47%. AES Corp. stock closed at $20.73, a nominal gain from its opening price, while many of its competitors saw much larger daily gains. This unexpected underperformance, despite the broad market rally, has left many investors questioning the future of the company’s stock. AES Corp. is a global power company that owns and operates electric power plants and sells electricity to customers throughout the world. Over the past five years, AES Corp.’s stock price has risen steadily, with occasional dips in response to global events.
However, the stock’s performance on Friday has put a damper on the company’s bullish outlook.
Stock Price
AES CORPORATION stock unexpectedly underperformed on Friday, despite the daily gains. On Monday, the stock opened at $20.6 and closed at $21.1, representing a 1.6% increase from its previous closing price of $20.7. However, the gains were not enough to offset the losses from earlier in the week, resulting in the stock underperforming. Investors are now cautiously watching to see how the stock will perform in the coming days, as the market continues to be volatile. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Aes Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 13k | -510 | 3.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Aes Corporation. More…
| Operations | Investing | Financing |
| 2.88k | -6.31k | 3.96k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Aes Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 39.36k | 34.89k | 3.53 |
Key Ratios Snapshot
Some of the financial key ratios for Aes Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.6% | 4.9% | 7.9% |
| FCF Margin | ROE | ROA |
| -18.9% | 26.6% | 1.6% |
Analysis
At GoodWhale, we have taken a close look at the financials of AES CORPORATION. Based on our Risk Rating, AES CORPORATION is a medium risk investment in terms of financial and business aspects. After examining the income sheet and cashflow statement, we have detected two risk warnings that all potential investors should take into account. To get a more in-depth analysis of these risk warnings, become a registered user with GoodWhale. More…
Peers
The company’s main competitors are Iberdrola SA, Portland General Electric Co, and ALLETE Inc.
– Iberdrola SA ($LTS:0HIT)
Iberdrola SA is a Spanish electric utility company. It is the largest producer of wind power in the world and a major player in the Spanish electricity market. Iberdrola also has a strong presence in the United Kingdom, Mexico, and the United States. The company has a market capitalization of 58.35 billion as of 2022 and a return on equity of 11.07%. Iberdrola is a vertically integrated utility, meaning it is involved in all aspects of the electricity business, from generation to distribution to retail sales. The company has a diversified generation portfolio that includes nuclear, hydro, renewable, and thermal power plants. Iberdrola is also one of the largest distributors of electricity in Spain and the United Kingdom.
– Portland General Electric Co ($NYSE:POR)
The company’s market cap is 3.82B as of 2022. The company’s ROE is 9.64%. The company is a diversified electric utility with operations in Oregon, Washington and Idaho. The company’s primary business is the generation, transmission and distribution of electricity. The company also owns and operates a coal-fired power plant and a natural gas-fired power plant.
– ALLETE Inc ($NYSE:ALE)
Pall Corporation is a global leader in providing filtration, separation and purification solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry. Pall’s products are key to the success of customers in the medical, biopharmaceutical, semiconductor, water purification, aerospace, and energy markets. The company’s products are used every day by people around the world, in a wide range of applications and industries. Pall Corporation has a market cap of 2.89B as of 2022 and a Return on Equity of 4.57%.
Summary
Investors in AES Corporation have seen their stock underperforming compared to their competitors on Friday despite daily gains. Despite this, the stock price of AES Corporation rose by 1.47% to $20.73. Market analysts suggest that AES Corporation is well positioned in a challenging market environment and is likely to deliver strong returns for investors.
They recommend investors to stay invested in the stock, as its long-term potential is bright. Analysts also suggest diversifying their portfolios with other stocks as well, as it can help reduce risk.
Related Posts
Recent Posts
