Home / Street Sector / Stock Hurt By Rating: Ameren Corporation (NYSE:AEE)

Stock Hurt By Rating: Ameren Corporation (NYSE:AEE)

Ameren Corporation (NYSE:AEE) [Trend Analysis] regains street interests, as shares moved up 0.47% on Wednesday and it traded at $48.66. The 52-week high of the share price is -4.70% and 52-week low of the share price is 34.51%.

Ameren Corp. (AEE) declared that it Q1 profit of $105M. The St. Louis-based firm reported that it had net income of 43 cents a share. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. The utility posted revenue of $1.43 billion in the period. Ameren expects full-year earnings to be $2.40 to $2.60 per share.

The chairman, president and chief executive officer of Ameren Corporation, Warner L. Baxter stated that their Q1 results were solid, and they remain on track to deliver within their 2016 earnings guidance range of $2.40 to $2.60 per share. They continue to successfully execute all elements of their strategy, including strategically allocating capital to jurisdictions with modern, constructive regulatory frameworks and managing costs in a disciplined fashion. They expect this execution to deliver superior value to both their customers and shareholders.

Moving toward technical analysis, the current ratio, or the liquidity ratio of a company was calculated 0.90 as compared to its debt to equity ratio stands at 1.09. This is an important indicator as a higher ratio typically suggests that investors are investing more confidently as compared to companies in the same industry has lower ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at -1.00%. Investors looking further ahead will note that the Price to next year’s EPS is 11.72%.

As for as concerns shares volumes, in share capital Ameren Corporation (NYSE:AEE) has 246.11 million outstanding shares among them 241.86 million shares have been floated in market exchange. The firm’s institutional ownership remained 67.50% while insider ownership included 0.40%.

The stock showed weekly upbeat performance of 0.23%, which maintained for the month at -0.04%. Likewise the positive performance for the quarter recorded as 6.56% and for the year was 25.71%, while the YTD performance remained at 13.58%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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