Somewhat Favorable Press Coverage Somewhat Unlikely to Affect American Electric Power (AEP) Share Price

News headlines about American Electric Power (NYSE:AEP) have trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. American Electric Power earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 46.3784674664435 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have impacted Accern’s analysis:

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American Electric Power stock traded down $0.41 during trading hours on Friday, hitting $68.53. 2,307,493 shares of the stock traded hands, compared to its average volume of 2,941,030. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.40 and a current ratio of 0.51. The stock has a market cap of $33,717.17, a price-to-earnings ratio of 18.62, a PEG ratio of 3.27 and a beta of 0.17. American Electric Power has a one year low of $63.32 and a one year high of $78.07.

American Electric Power (NYSE:AEP) last posted its quarterly earnings data on Thursday, January 25th. The utilities provider reported $0.85 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.04. The business had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $3.92 billion. American Electric Power had a return on equity of 10.05% and a net margin of 12.39%. The business’s revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 EPS. analysts predict that American Electric Power will post 3.89 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Shareholders of record on Friday, February 9th were given a dividend of $0.62 per share. The ex-dividend date was Thursday, February 8th. This represents a $2.48 annualized dividend and a yield of 3.62%. American Electric Power’s payout ratio is 67.39%.

Several analysts recently issued reports on the company. SunTrust Banks set a $76.00 target price on American Electric Power and gave the stock a “buy” rating in a research note on Monday, March 19th. Morgan Stanley set a $71.00 target price on American Electric Power and gave the stock a “buy” rating in a research note on Thursday, March 8th. Guggenheim raised American Electric Power from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Zacks Investment Research cut American Electric Power from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, UBS assumed coverage on American Electric Power in a research note on Friday, February 2nd. They issued a “buy” rating and a $76.00 target price on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $74.43.

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About American Electric Power

American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. The company generates electricity using coal and lignite, natural gas, nuclear, hydroelectric, solar, wind, and other energy sources.

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