The stock of American Equity Investment Life Holding Co (AEL) has seen a 0.09% increase in the past week, with a 0.92% gain in the past month, and a 1.17% flourish in the past quarter. The volatility ratio for the week is 0.33%, and the volatility levels for the past 30 days are at 0.36% for AEL. The simple moving average for the last 20 days is 0.16% for AEL’s stock, with a simple moving average of 3.31% for the last 200 days.
Is It Worth Investing in American Equity Investment Life Holding Co (NYSE: AEL) Right Now?
The price-to-earnings ratio for American Equity Investment Life Holding Co (NYSE: AEL) is above average at 26.26x, Company’s 36-month beta value is 0.78.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for AEL is 77.86M, and currently, short sellers hold a 2.80% ratio of that floaft. The average trading volume of AEL on April 11, 2024 was 466.09K shares.
AEL) stock’s latest price update
American Equity Investment Life Holding Co (NYSE: AEL)’s stock price has gone decline by -0.23 in comparison to its previous close of 56.30, however, the company has experienced a 0.09% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-15 that American Equity (AEL) reported earnings 30 days ago. What’s next for the stock?
Analysts’ Opinion of AEL
Many brokerage firms have already submitted their reports for AEL stocks, with Truist repeating the rating for AEL by listing it as a “Hold.” The predicted price for AEL in the upcoming period, according to Truist is $55 based on the research report published on July 14, 2023 of the previous year 2023.
Piper Sandler gave a rating of “Neutral” to AEL, setting the target price at $48 in the report published on February 21st of the previous year.
AEL Trading at 0.85% from the 50-Day Moving Average
After a stumble in the market that brought AEL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.41% of loss for the given period.
Volatility was left at 0.36%, however, over the last 30 days, the volatility rate increased by 0.33%, as shares surge +0.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.21% upper at present.
During the last 5 trading sessions, AEL rose by +0.09%, which changed the moving average for the period of 200-days by +38.11% in comparison to the 20-day moving average, which settled at $56.11. In addition, American Equity Investment Life Holding Co saw 0.66% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AEL starting from Lorenzen Jeffrey D, who sale 97,395 shares at the price of $53.85 back on Sep 21 ’23. After this action, Lorenzen Jeffrey D now owns 30,900 shares of American Equity Investment Life Holding Co, valued at $5,244,871 using the latest closing price.
Andre Axel, the Chief Financial Officer of American Equity Investment Life Holding Co, sale 29,273 shares at $53.87 during a trade that took place back on Sep 21 ’23, which means that Andre Axel is holding 13,740 shares at $1,577,062 based on the most recent closing price.
Stock Fundamentals for AEL
Current profitability levels for the company are sitting at:
- 0.44 for the present operating margin
- 0.87 for the gross margin
The net margin for American Equity Investment Life Holding Co stands at 0.12. The total capital return value is set at 0.01. Equity return is now at value 6.80, with 0.33 for asset returns.
Based on American Equity Investment Life Holding Co (AEL), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 4.56. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is 1.75.
Currently, EBITDA for the company is 190.86 million with net debt to EBITDA at -11.21. When we switch over and look at the enterprise to sales, we see a ratio of -2.63. The receivables turnover for the company is 44.71for trailing twelve months and the total asset turnover is 0.03.
Conclusion
In a nutshell, American Equity Investment Life Holding Co (AEL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
