A director at American Electric Power Co Inc sold 5,274 shares at 97.980USD and the significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two...
Shifting Exposure From Growth to Value Note: This is an abbreviated report (no detailed Sector comments or Russell grids). We will return to our normal report structure next week. While the market remains in consolidation/pullback mode and we are not out of the woods, it is possible that further downside is limited from here on the S&P 500. Since late-February, we have discussed important gap support from 2/22/24 at 4983-5050 on the S&P 500, and that as long as the S&P 500 is above 4983 that b...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
The independent financial analyst theScreener just slightly lowered the general evaluation of AMERICAN ELECTRIC (US), active in the Conventional Electricity industry. As regards its fundamental valuation, the title confirms its rating of 4 out of 4 stars while its market behaviour remains unchanged and can be qualified as defensive. However, a marginally less favourable environment forces theScreener to downgrade slightly the title, which now shows an overall rating of Slightly Positive. As of t...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Market expectations for ARMK are currently very pessimistic. The market is expecting UAFRS-based (Uniform) ROA to never recover to 20% historical average levels, sitting at weak 13% levels going forward, with Uniform asset growth ranging near historical lows. The market is expecting the food, facilities, and uniform outsourcing business to never recover from the pandemic, and to have operational issues too. Investors do not appear to recognize how the company could benefit from significant ma...
American Electric Power Company, Inc. (AEP:USA) currently trades at a premium relative to UAFRS-based (Uniform) assets, with a 1.2x Uniform P/B. At these levels, the market is pricing in bullish expectations for the firm, but management may have concerns about their G&M segment earnings targets, their credit profile, and the strategic review of Kentucky assets Specifically, management may lack confidence in their ability to sustain cash flows and meet Generation & Marketing (G&M) segment EPS ta...
GOOGL is at the center of multiple macro tailwinds for the economy currently, between the At-Home Revolution, the Internet of Things, and the ubiquity of digital advertising. These are likely to offer sustained tailwinds for the company's profitability and growth, and yet the market is pricing UAFRS-based ROA (Uniform ROA or ROA') to decline going forward with growth at the low end of historical levels. Even Wall Street analysts realize this is highly unlikely going forward. Not only does t...
American Electric Power Company, Inc. (AEP:USA) currently trades at a premium relative to UAFRS-based (Uniform) assets, with a 1.2x Uniform P/B. At these levels, the market is pricing in bullish expectations for the firm, but management may have concerns about O&M expenses, recovery filing approvals, and Transmission business revenues Specifically, management may lack confidence in their ability to sustain revenue growth in Kentucky, further reduce Operation & Maintenance (O&M) expenses, and im...
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