The stock of American International Group Inc (NYSE: AIG) has increased by 0.81 when compared to last closing price of 75.72.Despite this, the company has seen a loss of -1.48% in its stock price over the last five trading days. zacks.com reported 2024-11-04 that The headline numbers for American International Group (AIG) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in American International Group Inc (NYSE: AIG) Right Now?
American International Group Inc (NYSE: AIG) has a price-to-earnings ratio that is above its average at 13.33x. The stock has a 36-month beta value of 1.07. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 3 as “overweight,” 7 as “hold,” and 1 as “sell.”
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The public float for AIG is 642.11M, and at present, short sellers hold a 1.46% of that float. On November 05, 2024, the average trading volume of AIG was 3.79M shares.
AIG’s Market Performance
The stock of American International Group Inc (AIG) has seen a -1.48% decrease in the past week, with a 0.37% rise in the past month, and a 7.14% gain in the past quarter. The volatility ratio for the week is 1.66%, and the volatility levels for the past 30 days are at 1.69% for AIG. The simple moving average for the past 20 days is -0.80% for AIG’s stock, with a 2.03% simple moving average for the past 200 days.
Analysts’ Opinion of AIG
Many brokerage firms have already submitted their reports for AIG stocks, with BMO Capital Markets repeating the rating for AIG by listing it as a “Market Perform.” The predicted price for AIG in the upcoming period, according to BMO Capital Markets is $84 based on the research report published on October 15, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see AIG reach a price target of $89, previously predicting the price at $93. The rating they have provided for AIG stocks is “Overweight” according to the report published on October 10th, 2024.
Barclays gave a rating of “Overweight” to AIG, setting the target price at $90 in the report published on September 05th of the current year.
AIG Trading at 1.67% 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 -5.57% of loss for the given period.
Volatility was left at 1.69%, however, over the last 30 days, the volatility rate increased by 1.66%, as shares surge +3.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.34% upper at present.
During the last 5 trading sessions, AIG fell by -1.48%, which changed the moving average for the period of 200-days by +10.90% in comparison to the 20-day moving average, which settled at $76.94. In addition, American International Group Inc saw 12.66% 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 AIG starting from Inglis John C, who purchase 7 shares at the price of $72.76 back on Sep 30 ’24. After this action, Inglis John C now owns 673 shares of American International Group Inc, valued at $520 using the latest closing price.
AMERICAN INTERNATIONAL GROUP, the 10% Owner of American International Group Inc, sale 5,000,000 shares at $28.86 during a trade that took place back on Sep 16 ’24, which means that AMERICAN INTERNATIONAL GROUP, is holding 279,238,898 shares at $144,300,000 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 1.73. 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
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.
