Added to YB: 2024-10-01
Pitch date: 2024-07-18
AEP [bullish]
American Electric Power Company, Inc.
+28.28%
current return
Author Info
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Company Info
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.
Market Cap
$62.0B
Pitch Price
$88.97
Price Target
N/A
Dividend
3.27%
EV/EBITDA
12.18
P/E
16.99
EV/Sales
5.16
Sector
Electric Utilities
Category
growth
Show full summary:
Lazard Global Listed Infrastructure Portfolio Holding: American Electric Power Company, Inc.
AEP: Q1 EPS +14.4% YoY, commercial load +10.5% driven by data centers in OH & TX. Strong results, expected to raise load growth forecasts due to further data center developments in service territories.
Read full article (1 min)