For its third fiscal quarter (ending September 30), Ameren Corporation (NYSE: AEE) has reported a 7% increase in E.P.S. from $1.75 a year ago to $1.88 in the current quarter. This result exceeded the consensus estimate of $1.82 by $0.06. For the latest four quarters through September 30, E.P.S. were $4.42 versus $4.01 for the same period a year ago — an increase of 10%.
Recent Price Action
Ameren Corporation (NYSE: AEE) stock declined modestly by -0.5% on 11/8/23. The stock closed at $77.59. The stock has performed in line with the market over the last nine months and has risen 2.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, AEE is expected to continue to be an important Value Builder.
Ameren has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Ameren has a neutral Power Rating of 50 and a neutral Appreciation Score of 57, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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