The price-to-earnings ratio for American International Group Inc (NYSE: AIG) is above average at 12.75x, Company’s 36-month beta value is 1.08.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 7 as “hold,” and 1 as “sell.”
The public float for AIG is 642.00M, and currently, short sellers hold a 1.38% ratio of that floaft. The average trading volume of AIG on September 17, 2024 was 4.44M shares.
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AIG) stock’s latest price update
The stock price of American International Group Inc (NYSE: AIG) has dropped by -0.15 compared to previous close of 73.11. Despite this, the company has seen a gain of 0.25% in its stock price over the last five trading days. newsfilecorp.com reported 2024-09-16 that Kelowna, British Columbia–(Newsfile Corp. – September 16, 2024) – Genesis AI Corp. (CSE: AIG) (OTCQB: AIGFF) (the “Company”) is excited to announce the launch of Wildfire Defence Solutions Version 1.2, a powerful update to the wildfire management tool. This new version brings enhanced features aimed at helping communities, governments, and developers manage wildfire risks more effectively and efficiently.
AIG’s Market Performance
American International Group Inc (AIG) has experienced a 0.25% rise in stock performance for the past week, with a -0.57% drop in the past month, and a -0.57% drop in the past quarter. The volatility ratio for the week is 1.99%, and the volatility levels for the past 30 days are at 1.93% for AIG. . The simple moving average for the past 20 days is -1.75% for AIG’s stock, with a -0.39% simple moving average for the past 200 days.
Analysts’ Opinion of AIG
Many brokerage firms have already submitted their reports for AIG stocks, with Barclays repeating the rating for AIG by listing it as a “Overweight.” The predicted price for AIG in the upcoming period, according to Barclays is $90 based on the research report published on September 05, 2024 of the current year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see AIG reach a price target of $86. The rating they have provided for AIG stocks is “Hold” according to the report published on May 15th, 2024.
BofA Securities gave a rating of “Neutral” to AIG, setting the target price at $77 in the report published on February 20th of the current year.
AIG Trading at -2.33% 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 -9.69% of loss for the given period.
Volatility was left at 1.93%, however, over the last 30 days, the volatility rate increased by 1.99%, as shares sank -0.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.19% lower at present.
During the last 5 trading sessions, AIG rose by +0.25%, which changed the moving average for the period of 200-days by +12.93% in comparison to the 20-day moving average, which settled at $74.28. In addition, American International Group Inc saw 7.75% 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 AIG starting from American International Group, , who proposed sale 5,000,000 shares at the price of $27.18 back on Sep 16 ’24. After this action, American International Group, now owns shares of American International Group Inc, valued at $135,900,000 using the latest closing price.
AMERICAN INTERNATIONAL GROUP, , the 10% Owner of American International Group Inc, sale 8,032,129 shares at $24.90 during a trade that took place back on Aug 07 ’24, which means that AMERICAN INTERNATIONAL GROUP, is holding 284,238,898 shares at $200,000,012 based on the most recent closing price.
Stock Fundamentals for AIG
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.68 for the gross margin
The net margin for American International Group Inc stands at 0.14. The total capital return value is set at 0.04. Equity return is now at value 8.77, with 1.28 for asset returns.
Based on American International Group Inc (AIG), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.66. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is 4.58.
Currently, EBITDA for the company is 3.88 billion with net debt to EBITDA at 2.18. When we switch over and look at the enterprise to sales, we see a ratio of 1.67. The receivables turnover for the company is 2.86for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
In a nutshell, American International Group Inc (AIG) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
