The American International Group, Inc. (NYSE:AIG) is going down by -4.80% in today’s trading session, a fall equivalent to -2.7% of the stock’s price from yesterday’s market close. A news came out on 08/08/19 stating that Stocks to Watch: Kraft Heinz, Viacom, Fox, Lyft, AIG and More by WSJ. The lowest point that the shares touched during the trading session was $54.66, while the peak of the day was recorded at a share price of $56.50. AIG finished the previous session at $56.12 according to the data provided by Barchart, while the trading volume was observed to be $2,603,856.
In the 100 days of trading, AIG managed to top a 51.29% Moving average. Additionally, American International Group, Inc. shares have achieved a 52-week range between 36.16 and 57.58 alongside 100 days raw stochastic set at 70.15%.
The number of shares outstanding, according to the fundamentals of the company, is set at 878.41M, equal to the value of $49.30B in market capitalization. Financial analysts indicate that AIG shares should be still ranked as a “Outperform”. In the last 30 days, American International Group, Inc. shares went down by -6.99%, adding 57.58 to growth in value, on top of a +2.43% boost since 07/12/19.
American International Group, Inc. (NYSE:AIG) Analyst’s Estimates
American International Group, Inc. (AIG) could record at least $1.08 per share in quarterly earnings in the upcoming report on 10/30/2019, a number that would actually represent an increase of 1.91% YOY.
According to the average analyst rating, American International Group, Inc. would be rated as 2.05. Out of 19 different analysts monitoring AIG stock, 6 analysts rate the stock as a BUY, 7 suggest to give the rating of HOLD, 6 indicate that AIG is an OUTPERFORM, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERPERFORM.
On Jul-19-19, the stock earned a Upgrade rating due to a new analyst call from William Blair, while analysts from Deutsche Bank believe that the stock is set at Hold from Buy, as concluded on Jun-05-19. BofA/Merrill, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on May-07-19.
Regardless of the rating, BofA/Merrill did increase their price from $46 to $53 as they are considering target share price analysis. Argus, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Feb-15-19, giving the stock a Hold from the Buy rating.
AIG Key Ratios To Watch:
Taking in account the profitability of the Company, the operating margin has been recorded at +4.38. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 0.01%. Beta value of the stock is recorded at 1.17. Additionally, American International Group, Inc. is recording price volatility of 2.78% for the period of the last seven days and 2.06% in the last 30 days.
American International Group, Inc. (NYSE:AIG) Technical Outlook
For the period of the last 50 days, American International Group, Inc. had its Raw Stochastic average set at 26.68% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 23.98%. Stochastic %K for American International Group, Inc., with the last 20 days included, was set at 49.67%, having Stochastic %D topping 62.47%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for American International Group, Inc. stocks with recording 7.47% in metrics.
American International Group, Inc. Insider Watch:
As far as the position of shares issued by American International Group, Inc. (NYSE:AIG) for the period concluded at the market close of 08/13/19, 341 institutional investors increased their positions in AIG shares by 39,620,886, 382 decreased positions by 52,844,105 and 140 institutional investors decided to hold positions at 692,504,174. These numbers put the complete list of institutional holdings set at 784,969,165 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 96 institutional investments with 3,706,738 new shares in addition to having 68 institutional investors selling their positions in 5,005,431 shares.