The price-to-earnings ratio for American Equity Investment Life Holding Co (NYSE: AEL) is 25.78x, which is above its average ratio. Moreover, the 36-month beta value for AEL is 0.78. Analysts have varying 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% of that float. On April 19, 2024, AEL’s average trading volume was 518.46K shares.
AEL) stock’s latest price update
American Equity Investment Life Holding Co (NYSE: AEL)’s stock price has plunge by -0.20relation to previous closing price of 55.25. Nevertheless, the company has seen a -1.11% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-15 that American Equity (AEL) reported earnings 30 days ago. What’s next for the stock?
AEL’s Market Performance
American Equity Investment Life Holding Co (AEL) has seen a -1.11% fall in stock performance for the week, with a -1.68% decline in the past month and a -0.52% plunge in the past quarter. The volatility ratio for the week is 0.63%, and the volatility levels for the past 30 days are at 0.41% for AEL. The simple moving average for the last 20 days is -1.42% for AEL stock, with a simple moving average of 1.08% for the last 200 days.
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 -1.01% 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 -2.23% of loss for the given period.
Volatility was left at 0.41%, however, over the last 30 days, the volatility rate increased by 0.63%, as shares sank -1.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.67% lower at present.
During the last 5 trading sessions, AEL fell by -1.11%, which changed the moving average for the period of 200-days by +6.55% in comparison to the 20-day moving average, which settled at $55.88. In addition, American Equity Investment Life Holding Co saw -1.18% in overturn over a single year, with a tendency to cut further losses.
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 -2.68. The receivables turnover for the company is 44.71for trailing twelve months and the total asset turnover is 0.03.
Conclusion
To wrap up, the performance of American Equity Investment Life Holding Co (AEL) has been bad in recent times. The stock has received a mixed of “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.
