American International Group Inc. (NYSE: AIG) has a price-to-earnings ratio that is above its average at 10.42x. and a 36-month beta value of 1.14. Opinions on the stock are mixed, with 10 analysts rating it as a “buy,” 2 as “overweight,” 7 as “hold,” and 0 as “sell.”
The average price predicted for American International Group Inc. (AIG) by analysts is $70.81, which is $9.24 above the current market price. The public float for AIG is 709.60M, and at present, short sellers hold a 0.83% of that float. On September 19, 2023, the average trading volume of AIG was 3.22M shares.
AIG) stock’s latest price update
The stock price of American International Group Inc. (NYSE: AIG) has jumped by 0.82 compared to previous close of 61.18. Despite this, the company has seen a gain of 3.33% in its stock price over the last five trading days. Seeking Alpha reported 2023-09-08 that AIG’s shares have rallied since March and are now trading around the $60 target, with the potential to reach $70 in the next year. The company’s financials have improved, with its highest level of earnings since before the financial crisis. AIG’s investment portfolio is also benefitting from higher rates as it reinvests maturities.
AIG’s Market Performance
American International Group Inc. (AIG) has experienced a 3.33% rise in stock performance for the past week, with a 6.23% rise in the past month, and a 7.64% rise in the past quarter. The volatility ratio for the week is 1.44%, and the volatility levels for the past 30 days are at 1.51% for AIG. The simple moving average for the past 20 days is 4.60% for AIG’s stock, with a 6.93% simple moving average for the past 200 days.
Analysts’ Opinion of AIG
Many brokerage firms have already submitted their reports for AIG stocks, with Morgan Stanley repeating the rating for AIG by listing it as a “Equal-Weight.” The predicted price for AIG in the upcoming period, according to Morgan Stanley is $57 based on the research report published on June 20, 2023 of the current year 2023.
AIG Trading at 3.74% from the 50-Day Moving Average
After a stumble in the market that brought AIG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.92% of loss for the given period.
Volatility was left at 1.51%, however, over the last 30 days, the volatility rate increased by 1.44%, as shares surge +6.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.98% upper at present.
During the last 5 trading sessions, AIG rose by +3.33%, which changed the moving average for the period of 200-days by +0.39% in comparison to the 20-day moving average, which settled at $59.15. In addition, American International Group Inc. saw -2.47% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at AIG starting from Carbone Kathleen, who sale 7,757 shares at the price of $61.30 back on Aug 09. After this action, Carbone Kathleen now owns 0 shares of American International Group Inc., valued at $475,504 using the latest closing price.
AMERICAN INTERNATIONAL GROUP,, the 10% Owner of American International Group Inc., sale 10,981,108 shares at $16.41 during a trade that took place back on Jun 23, which means that AMERICAN INTERNATIONAL GROUP, is holding 415,413,892 shares at $180,199,982 based on the most recent closing price.
Stock Fundamentals for AIG
Current profitability levels for the company are sitting at:
- +28.99 for the present operating margin
The net margin for American International Group Inc. stands at +18.21. The total capital return value is set at 25.92, while invested capital returns managed to touch 12.57. Equity return is now at value 10.90, with 0.80 for asset returns.
Based on American International Group Inc. (AIG), the company’s capital structure generated 70.94 points at debt to equity in total, while total debt to capital is 41.50. Total debt to assets is 6.24, with long-term debt to equity ratio resting at 66.39. Finally, the long-term debt to capital ratio is 38.37.
When we switch over and look at the enterprise to sales, we see a ratio of 1.38, with the company’s debt to enterprise value settled at 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.83.
To sum up, American International Group Inc. (AIG) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.