Barclays Issues Pessimistic Forecast for American Electric Power (NASDAQ:AEP) Stock Price

American Electric Power (NASDAQ:AEP) had its price objective decreased by Barclays from $138.00 to $129.00 in a research report issued on Monday, Marketbeat reports. The brokerage presently has an “equal weight” rating on the stock. Barclays‘s target price points to a potential upside of 0.90% from the company’s previous close.

AEP has been the subject of a number of other reports. BMO Capital Markets lowered their price target on shares of American Electric Power from $141.00 to $139.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. Seaport Research Partners raised shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 target price for the company in a research note on Monday, April 20th. Scotiabank lifted their target price on shares of American Electric Power from $131.00 to $140.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Wall Street Zen cut American Electric Power from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of American Electric Power in a research note on Monday, June 1st. Thirteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $141.00.

American Electric Power Price Performance

Shares of AEP stock opened at $127.85 on Monday. The business’s fifty day moving average is $131.80 and its 200 day moving average is $129.85. The company has a quick ratio of 0.38, a current ratio of 0.50 and a debt-to-equity ratio of 1.44. The stock has a market cap of $69.56 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 2.30 and a beta of 0.52. American Electric Power has a twelve month low of $105.70 and a twelve month high of $140.58.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.12). American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The firm had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.34 billion. During the same period in the prior year, the business posted $1.43 EPS. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. Research analysts expect that American Electric Power will post 6.35 EPS for the current fiscal year.

Hedge Funds Weigh In On American Electric Power

Hedge funds have recently bought and sold shares of the business. Activest Wealth Management grew its stake in shares of American Electric Power by 72.2% in the fourth quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares during the period. Optima Capital LLC purchased a new stake in American Electric Power in the fourth quarter worth approximately $26,000. Rakuten Securities Inc. grew its position in American Electric Power by 7,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock worth $26,000 after purchasing an additional 219 shares during the period. Costello Asset Management INC raised its stake in American Electric Power by 100.0% during the 1st quarter. Costello Asset Management INC now owns 200 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID lifted its holdings in shares of American Electric Power by 200.0% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock valued at $27,000 after buying an additional 154 shares during the period. Hedge funds and other institutional investors own 75.24% of the company’s stock.

American Electric Power Company Profile

American Electric Power (NASDAQ: AEP) is a major investor-owned electric utility headquartered in Columbus, Ohio. The company is primarily engaged in the generation, transmission and distribution of electricity, operating a diverse portfolio of power plants and an extensive high-voltage transmission network. AEP serves retail customers through its regulated utility subsidiaries and provides wholesale power and grid services across multiple regional markets in the United States.

Operations span the full utility value chain: AEP owns and operates generation assets that include fossil-fuel, natural gas, nuclear and hydropower facilities, and it has been adding renewable resources to its mix.