Ameren slips 0.8% as utilities sector gives back recent gains
Ameren shares fell 0.83% to $108.04 on Friday, a modest pullback within a 52-week range of $96.57 to $118.32. The stock's Alpha Score stands at 55.6, driven by a momentum sub-score of 73.7 that reflects the utility's year-to-date advance. Price-to-earnings ratio of 18.9 is roughly in line with the regulated utility peer average. Revenue grew 3.8% year-over-year, while EPS jumped nearly 25%, aided by improved operating margins. Net margin of 17.9% is above the sector median. The utility sector has been a relative beneficiary of the rate-cut outlook, but Friday's session saw profit-taking across the group. Watch for third-quarter earnings in late October.