The American International Group Inc. (NYSE:AIG) is going down by -0.44% in today’s trading session, a fall equivalent to -0.24% of the stock’s price from yesterday’s market close. A news came out on 11/18/19 stating that AIG Names Allison Barrett Head of Multinational, General Insurance by WSJ. The lowest point that the shares touched during the trading session was $53.50, while the peak of the day was recorded at a share price of $54.16. AIG finished the previous session at $54.15 according to the data provided by Barchart, while the trading volume was observed to be $680147.
In the 100 days of trading, AIG managed to top a 54.80% Moving average. Additionally, American International Group Inc. shares have achieved a 52-week range between 36.16 and 58.66 alongside 100 days raw stochastic set at 35.03%.
The number of shares outstanding, according to the fundamentals of the company, is set at 874.15M, equal to the value of $47.34B in market capitalization. In the last 30 days, American International Group Inc. shares went down by -4.46%, adding 56.33 to growth in value, on top of a +5.10% boost since 10/18/19.
American International Group Inc. (NYSE:AIG) Analyst’s Estimates
American International Group Inc. (AIG) could record at least $1.00 per share in quarterly earnings in the upcoming report on 02/13/2020, a number that would actually represent an increase of 5.08 YOY.
According to the average analyst rating, American International Group Inc. would be rated as Overweight. Out of 19 different analysts monitoring AIG stock, 11 analysts rate the stock as a BUY, 7 suggest to give the rating of HOLD, 1 indicate that AIG is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On October 17, 2019, the stock earned a Initiated rating due to a new analyst call from Evercore ISI, while analysts from William Blair believe that the stock is set at Outperform from Mkt Perform, as concluded on July 19, 2019. Deutsche Bank, is still rather wary about the stock, deciding to keep the rating at Hold as confirmed through a call on June 05, 2019.
Regardless of the rating, BofA/Merrill did increase their price from $50 to $56 as they are considering target share price analysis. BofA/Merrill, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on April 11, 2019, giving the stock a 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 1.20. Additionally, American International Group Inc. is recording price volatility of 1.57% for the period of the last seven days and 1.84% 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 35.03% 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 50.98%. Stochastic %K for American International Group Inc., with the last 20 days included, was set at 53.84%, having Stochastic %D topping 56.68%. 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 37.40% in metrics.
American International Group Inc. Insider Watch:
Similarly, 92.14% of the company’s float is held by institutions – and there are 1,075 institutions in total holding shares of this company. The top three institutional holders of AIG stocks are: Price (T.Rowe) Associates Inc with ownership of $4.21 billion, which is approximately 75623420 of the company’s shares; Vanguard Group, Inc. (The), holding 68577694 shares of the stock with an approximate value of $3.82 billion; and Blackrock Inc., currently with more than 67255573 shares of the company valued at $3.75 billion. Positions in American International Group Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 1 insider purchases amounting to 1000 shares. Similarly, there were 1 sale transactions amounting to 7550 shares, with the net shares purchased during the last six months reaching -6,550.