NYSE:AAC

Ares Acquisition (AAC) Stock Forecast, Price & News

$10.50

0.00 (0.00%)

(As of 06/8/2023 ET)

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Today's Range: $10.49
▼
$10.50
50-Day Range: $10.32
▼
$10.50
52-Week Range: $9.81
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$10.50

Volume: 95,863 shs
Average Volume: 383,308 shs
Market Capitalization: $756 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About Ares Acquisition (NYSE:AAC) Stock

Ares Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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AAC Stock News Headlines

June 2, 2023 | americanbankingnews.com

Ares Acquisition (NYSE:AAC) Sees Strong Trading Volume

May 25, 2023 | finance.yahoo.com

AAC - Ares Acquisition Corporation

June 8, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

May 22, 2023 | americanbankingnews.com

Ares Acquisition (NYSE:AAC) Sets New 52-Week High at $10.55

April 22, 2023 | americanbankingnews.com

Ares Acquisition Co. (NYSE:AAC) Short Interest Update

April 17, 2023 | americanbankingnews.com

Comparing Ares Acquisition (NYSE:AAC) & (NASDAQ:GTLS)

April 14, 2023 | americanbankingnews.com

Head-To-Head Survey: Ares Acquisition (NYSE:AAC) & Chart Industries (NASDAQ:GTLS)

April 14, 2023 | americanbankingnews.com

Ares Acquisition (NYSE:AAC) versus Chart Industries (NASDAQ:GTLS) Critical Contrast

June 8, 2023 | UNKNOWN (Ad)

Lithium Has Boomed And This American Stock Is Ready..

Lithium Has Been On A Crazy Rally Over The Last 3 Year's And This Stock Could Be Next!

April 12, 2023 | 247wallst.com

These Are the Top 10 Holdings of Robert Lynch

April 12, 2023 | americanbankingnews.com

Financial Analysis: Ares Acquisition (NYSE:AAC) vs. Chart Industries (NASDAQ:GTLS)

April 11, 2023 | americanbankingnews.com

Contrasting Ares Acquisition (NYSE:AAC) and McDermott International (OTCMKTS:MDRIQ)

April 9, 2023 | americanbankingnews.com

McDermott International (OTCMKTS:MDRIQ) vs. Ares Acquisition (NYSE:AAC) Head to Head Survey

March 29, 2023 | americanbankingnews.com

Ares Acquisition (NYSE:AAC) and McDermott International (OTCMKTS:MDRIQ) Financial Review

March 29, 2023 | americanbankingnews.com

Comparing Chart Industries (NYSE:GTLS) and Ares Acquisition (NYSE:AAC)

March 26, 2023 | americanbankingnews.com

Critical Analysis: Ares Acquisition (NYSE:AAC) vs. Chart Industries (NASDAQ:GTLS)

March 25, 2023 | americanbankingnews.com

Ares Acquisition (NYSE:AAC) Sees Unusually-High Trading Volume

March 24, 2023 | americanbankingnews.com

Head to Head Analysis: Ares Acquisition (NYSE:AAC) and McDermott International (OTCMKTS:MDRIQ)

March 23, 2023 | americanbankingnews.com

Contrasting Ares Acquisition (NYSE:AAC) & Chart Industries (NYSE:GTLS)

March 21, 2023 | finance.yahoo.com

7 Core Stocks to Build a Solid Portfolio Around

March 13, 2023 | finance.yahoo.com

TRISO-X Successfully Completes Fuel Test to Power Nuclear Thermal Propulsion in Space

March 1, 2023 | finance.yahoo.com

Dow and X-energy Advance Efforts to Deploy First Advanced Small Modular Nuclear Reactor at Industrial Site Under DOE’s Advanced Reactor Demonstration Program

February 8, 2023 | finance.yahoo.com

X-energy Announces Appointments of Christopher Ginther and Kathleen Hyle to Board of Directors

February 1, 2023 | finance.yahoo.com

NRC Begins Public Engagement for TRISO-X Advanced Nuclear Fuel Facility License Application

January 30, 2023 | finance.yahoo.com

X-energy Canada and Invest Alberta Collaborate to Develop Economic Opportunities in Support of Potential Xe-100 SMR Projects

January 19, 2023 | finance.yahoo.com

REPLAY – Going Green with Small Nuclear Reactors: Join CEOs of X-energy, Ares Acquisition

January 17, 2023 | finance.yahoo.com

X-energy Announces Strategic Investment from DL E&C and Doosan Enerbility to Advance the Deployment of the Xe-100 Generation IV Advanced Small Modular Reactor

See More Headlines

AAC Price History

30 days | 90 days | 365 days | Advanced Chart

AAC Company Calendar

Last Earnings: 8/30/2019
Today: 6/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Fabricated plate work (boiler shop)
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NYSE:AAC
CUSIP: N/A
CIK: 1606180
Web: www.americanaddictioncenters.org
Phone: 310-201-4100
Fax: N/A
Employees: 1,445
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $20.98 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -41.82%
Return on Assets: -0.73%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.01
Quick Ratio: 0.01

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: $0.84 per share
Price / Cash Flow: 12.51
Book Value: ($2.44) per share
Price / Book: -4.30

Miscellaneous

Outstanding Shares: 72,000,000
Free Float: 57,598,000
Market Cap: $756 million
Optionable: Optionable
Beta: 0.01

Key Executives

Mr. David B. Kaplan (Age 55)
CEO & Co-Chairman

Mr. Jarrod Morgan Phillips (Age 43)
Chief Financial Officer

Ms. Allyson Satin (Age 36)
Chief Operating Officer

Mr. Peter Ogilvie (Age 38)
Exec. VP of Strategy

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

AAC Stock - Frequently Asked Questions

How have AAC shares performed in 2023?: Ares Acquisition's stock was trading at $10.07 on January 1st, 2023. Since then, AAC stock has increased by 4.3% and is now trading at $10.50.
View the best growth stocks for 2023 here.
Are investors shorting Ares Acquisition?: Ares Acquisition saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,000 shares, an increase of 19.6% from the April 30th total of 9,200 shares. Based on an average daily volume of 166,100 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's stock are short sold.
View Ares Acquisition's Short Interest.
How were Ares Acquisition's earnings last quarter?: Ares Acquisition Co. (NYSE:AAC) released its quarterly earnings data on Friday, August, 30th. The company reported ($0.50) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by $0.40. The company had revenue of $62.72 million for the quarter, compared to the consensus estimate of $71.40 million.
What ETFs hold Ares Acquisition's stock?: ETFs with the largest weight of Ares Acquisition (NYSE:AAC) stock in their portfolio include RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ).
What other stocks do shareholders of Ares Acquisition own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Acquisition investors own include Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH), First Data (FDC), AMC Entertainment (AMC), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and tronc (TRNC).
What is Ares Acquisition's stock symbol?: Ares Acquisition trades on the New York Stock Exchange (NYSE) under the ticker symbol "AAC."

Who are Ares Acquisition's major shareholders?: Ares Acquisition's stock is owned by a number of institutional and retail investors. Top institutional investors include Glazer Capital LLC (9.67%), Boothbay Fund Management LLC (2.83%), Cowen AND Company LLC (1.81%), Atlas Merchant Capital LLC (1.81%), Bank of America Corp DE (1.39%) and First Trust Capital Management L.P. (0.96%).
View institutional ownership trends.
How do I buy shares of Ares Acquisition?: Shares of AAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Ares Acquisition's stock price today?: One share of AAC stock can currently be purchased for approximately $10.50.
How much money does Ares Acquisition make?: Ares Acquisition (NYSE:AAC) has a market capitalization of $756 million.
How many employees does Ares Acquisition have?: The company employs 1,445 workers across the globe.
How can I contact Ares Acquisition?: Ares Acquisition's mailing address is 200 POWELL PLACE, BRENTWOOD TN, 37027. The official website for the company is www.americanaddictioncenters.org. The company can be reached via phone at 310-201-4100 or via email at ir@contactaac.com.

This page (NYSE:AAC) was last updated on 6/8/2023 by MarketBeat.com Staff

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