Favorable News Coverage Likely to Affect Ameren Corporation (NYSE:AEE) Share Price
Media headlines about Ameren Corporation (NYSE:AEE) have been trending positive recently, Accern reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ameren Corporation earned a news impact score of 0.33 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 79 out of 100, indicating that recent press coverage is likely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s scoring:
- Ameren Corporation (AEE) Saw a 52-Week High – First News 24 (firstnewspaper24.com)
- Taking a Look at the Operational Data for Ameren Corporation (AEE) – StockNewsGazette (stocknewsgazette.com)
- Ameren Corporation (AEE) and Applied Optoelectronics, Inc. (AAOI) Swings on Assorted News – Investing News Update (investingbizz.com)
- ETFs with exposure to Ameren Corp. : August 7, 2017 (finance.yahoo.com)
- Ameren (AEE) Tops Q2 Earnings Estimates, Keeps ’17 Outlook – Yahoo Finance (finance.yahoo.com)
Ameren Corporation (NYSE:AEE) traded up 0.85% on Tuesday, reaching $58.43. The company had a trading volume of 1,657,761 shares. The stock has a market capitalization of $14.18 billion, a PE ratio of 21.90 and a beta of 0.36. Ameren Corporation has a 52-week low of $46.84 and a 52-week high of $58.75. The stock has a 50 day moving average price of $55.60 and a 200 day moving average price of $54.82.
Ameren Corporation (NYSE:AEE) last released its quarterly earnings results on Friday, August 4th. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.10. Ameren Corporation had a net margin of 11.11% and a return on equity of 9.57%. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the previous year, the business earned $0.61 earnings per share. The firm’s revenue was up 7.8% compared to the same quarter last year. Analysts expect that Ameren Corporation will post $2.78 EPS for the current year.
AEE has been the topic of several recent research reports. Zacks Investment Research cut Ameren Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, April 11th. Goldman Sachs Group, Inc. (The) cut Ameren Corporation from a “neutral” rating to a “sell” rating and set a $51.00 target price on the stock. in a report on Monday, June 26th. BidaskClub upgraded Ameren Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Barclays PLC restated an “overweight” rating and set a $60.00 target price (up from $56.00) on shares of Ameren Corporation in a report on Sunday, April 23rd. Finally, Morgan Stanley restated an “overweight” rating on shares of Ameren Corporation in a report on Monday, July 10th. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $54.75.
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In other news, Chairman Warner L. Baxter sold 13,310 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $56.23, for a total transaction of $748,421.30. Following the sale, the chairman now owns 145,939 shares in the company, valued at $8,206,149.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.38% of the stock is owned by insiders.
Ameren Corporation Company Profile
Ameren Corporation is a utility holding company. The Company’s subsidiaries include Ameren Missouri, Ameren Illinois and Ameren Transmission Company (ATXI). It operates through four segments. The Ameren Missouri segment includes all of the operations of Ameren Missouri. The Ameren Illinois Electric Distribution segment consists of the electric distribution business of Ameren Illinois.
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