Ameren (AEE) Projected to Post Quarterly Earnings on Thursday

Ameren (NYSE:AEE) is anticipated to release its earnings data after the market closes on Thursday, February 13th. Analysts expect Ameren to post earnings of $0.83 per share and revenue of $1.86 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Ameren Stock Performance

NYSE:AEE opened at $96.63 on Thursday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.41 and a current ratio of 0.63. Ameren has a fifty-two week low of $67.03 and a fifty-two week high of $97.29. The business has a 50 day moving average price of $91.36 and a 200-day moving average price of $87.39. The firm has a market cap of $25.79 billion, a PE ratio of 22.74, a price-to-earnings-growth ratio of 2.90 and a beta of 0.49.

Insider Activity at Ameren

In related news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $92.15, for a total transaction of $598,975.00. Following the completion of the transaction, the chief financial officer now directly owns 205,171 shares of the company’s stock, valued at $18,906,507.65. This trade represents a 3.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AEE. BMO Capital Markets raised their price target on shares of Ameren from $93.00 to $98.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Evercore ISI raised Ameren from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $89.00 to $104.00 in a research note on Tuesday, January 21st. Morgan Stanley upped their price target on Ameren from $86.00 to $94.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. Finally, Barclays lowered Ameren from an “overweight” rating to an “equal weight” rating and lifted their price objective for the stock from $88.00 to $95.00 in a research report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Ameren has an average rating of “Moderate Buy” and an average price target of $92.00.

Ameren Company Profile

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.