How to Buy American Electric Power Co Stock
American Electric Power Co Inc
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.
American Electric Power Co stock last closed at $78.68, down 0.62% from the previous day, and has decreased 17.72% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.07 percentage points. American Electric Power Co stock is currently +4.25% from its 52-week low of $75.47, and -21.57% from its 52-week high of $100.32.
At the moment, there are 515.18M AEP shares outstanding. The market value of AEP is $40.53B. In the last 24 hours, 2.23M AEP shares were traded.
How to Buy American Electric Power Co Stock
Not sure how to invest in American Electric Power Co stock? Here's how.
- Choose where to buy American Electric Power Co stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy American Electric Power Co stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your payment method and add your information.
- Analyze American Electric Power Co stock: The American Electric Power Co ticker symbol is AEP. Is American Electric Power Co stock a good investment? Should you buy shares of AEP? How do AEP's underlying business fundamentals look? Do top analysts think American Electric Power Co is a good buy? Why has AEP's stock price moved recently? (Hint: Our stock research tools can help you decide if AEP is a good stock to buy).
- Make your AEP buy order: Decide if you will purchase AEP shares at the current market price or use a limit order to purchase AEP shares at a particular price.
- Keep an eye on your AEP position: Create a watchlist to get live updates on your new investment in American Electric Power Co stock.
Step 1: Choose where to buy American Electric Power Co stock
You will need an online brokerage account in order to access the NASDAQ market and buy AEP stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you are able to invest in AEP today.
How to Create a New Investment Account on eToro
- Click here to get started.
- Enter your personal details to start a new brokerage account.
- Submit your info by clicking the "Create Account" button.
Step 3: Fund your investment account
Now that you have finished signing up on stock market apps, your next step is to transfer the money for your investment:
Watch the walkthrough below to see the process of depositing money into your brokerage account.
Step 4: Analyze American Electric Power Co stock
After you have chosen the best place to buy American Electric Power Co stock, it's absolutely critical to evaluate their stock before you invest, so you can wrap your head around the risk and upside.
American Electric Power Co Numbers
Fundamentals of American Electric Power Co
WallStreetZen was designed to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on AEP's stock page.
Is AEP stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge AEP's true value.
Using relative valuations measures:
- AEP may be undervalued based on its P/E ratio of 20.38x, relative to Utilities - Regulated Electric industry P/E ratio of 21.4x
- AEP may be overvalued based on its P/B ratio of 1.7x, relative to Utilities - Regulated Electric industry P/B ratio of 1.65x
- AEP may be overvalued based on its PEG ratio of 1.27x
You can do more valuation analysis on AEP's stock here.
AEP Financials at a glance
Failed Financial Due Diligence Checks:
- AEP profit margin has gone down from 14.4% to 10.2% in the past year.
- There are more short-term liabilities than short-term assets on the AEP balance sheet.
- There are more long-term liabilities than short-term assets on the AEP balance sheet.
- AEP has cash burn of 3550100000. It does not have enough cash and short-term investments to cover this.
- AEP has a relatively high debt to equity ratio of 3.01.
- AEP has $553.20M in cash and short term investments. This is not enough to cover its annual cash burn of $3.55B.
- Total AEP debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy American Electric Power Co stock
Out of 12 Equities analysts who research AEP, the consensus analyst rating on American Electric Power Co is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent AEP Analyst Ratings
Stephen Byrd, a top 11% analyst from Morgan Stanley maintains AEP with a strong buy rating and raises their AEP price target from $95.00 to $97.00, on Sep 21, 2023.
Morgan Stanley's Stephen Byrd raised their price target on American Electric Power Co (NASDAQ: AEP) by 2.1% from $95 to $97 on 2023/09/21. The analyst maintained their Strong Buy rating on the stock.
The analyst said they made their move after taking a deep dive into their Regulated & Diversified Utilities portfolio to prepare for their "Monthly Meter Reading" report.
Daniel Rich, a bottom 41% analyst from CFRA maintains AEP with a buy rating and lowers their AEP price target from $99.00 to $94.00, on Sep 18, 2023.
Shelby Tucker, a top 23% analyst from RBC Capital maintains AEP with a buy rating and lowers their AEP price target from $103.00 to $89.00, on Sep 6, 2023.
Eric Beaumont, a top 11% analyst from Barclays initiates coverage on AEP with a strong buy rating and announces their AEP price target of $88.00, on Aug 23, 2023.
David Arcaro, a bottom 14% analyst from Morgan Stanley maintains AEP with a strong buy rating and raises their AEP price target from $100.00 to $101.00, on Jul 21, 2023.
You can dig deeper into what analysts are saying on the American Electric Power Co stock forecast page.
AEP Technicals
AEP Earnings
Last year, AEP earnings were $1.99B. In the past 5 year, AEP's earnings have increased by -0.31% per year. This was slower than the Utilities - Regulated Electric industry average of 1.73%.
Last year, AEP revenue was $19.47B. In the past five year, AEP's revenue has gone up by 4.03% per year. This was slower than the Utilities - Regulated Electric industry average of 4.86%.
Dive into AEP's earnings and revenue performance here.
What are AEP executives and large shareholders up to?
In the past year, insiders at AEP have sold more shares than they have bought.
Nicholas K. Akins, Executive Chair of AEP, was the latest AEP insider to sell. They sold $973,040.25 worth of AEP stock on May 2, 2023.
Dig into more about who owns AEP shares here.
Can I get consistent income from AEP stock?
American Electric Power Co pays a dividend of 4.22%, compared to the Utilities - Regulated Electric industry's average dividend yield of 4.84%. If you owned $1,000 of AEP stock, you would have received $42.20 in the past 12 months.
American Electric Power Co dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about American Electric Power Co dividend yield and history here.
AEP Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your AEP buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you require more help with buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your AEP position
Now that you own some shares in AEP, you'll want to stay up-to-date on your company.
Add AEP to a watchlist to get alerted to the latest events about your AEP stock.
AEP Feed
How to Buy Stock in American Electric Power Co
To reiterate, here are the 6 steps you need to take to buy American Electric Power Co stock right now:
- Choose where to buy American Electric Power Co stock
- Sign up for your brokerage account
- Fund your investment account
- Analyze American Electric Power Co stock
- Make your AEP buy order
- Keep an eye on your AEP position
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in American Electric Power Co, create your watchlist below.
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