American International Group Inc (NYSE: AIG) has a higher price-to-earnings ratio of 20.73x compared to its average ratio, The 36-month beta value for AIG is at 1.06. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 6 rating it as “overweight,” 8 as “hold,” and 1 as “sell.”
The public float for AIG is 622.01M, and currently, shorts hold a 1.33% of that float. The average trading volume for AIG on November 26, 2024 was 3.93M shares.
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AIG) stock’s latest price update
American International Group Inc (NYSE: AIG)’s stock price has dropped by -0.14 in relation to previous closing price of 76.06. Nevertheless, the company has seen a loss of -0.47% in its stock price over the last five trading days. businesswire.com reported 2024-11-12 that NEW YORK–(BUSINESS WIRE)–American International Group, Inc. (NYSE: AIG) today announced that Christopher Schaper has been appointed Chief Risk Officer of AIG, effective immediately. Mr. Schaper will continue to report to Peter Zaffino, AIG Chairman & Chief Executive Officer and will continue to serve on AIG’s Executive Leadership Team. Mr. Schaper has held the role of Chief Risk Officer on an interim basis since September 2024, while also serving as AIG’s Global Chief Underwriting Officer.
AIG’s Market Performance
American International Group Inc (AIG) has seen a -0.47% fall in stock performance for the week, with a -1.13% decline in the past month and a 2.04% surge in the past quarter. The volatility ratio for the week is 1.73%, and the volatility levels for the past 30 days are at 2.01% for AIG. The simple moving average for the past 20 days is 0.06% for AIG’s stock, with a 0.86% 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 0.52% 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 -6.04% of loss for the given period.
Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 1.73%, as shares sank -1.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.04% upper at present.
During the last 5 trading sessions, AIG fell by -0.47%, which changed the moving average for the period of 200-days by +9.88% in comparison to the 20-day moving average, which settled at $75.91. In addition, American International Group Inc saw 12.10% 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 sale 30,000,000 shares at the price of $31.20 back on Nov 07 ’24. After this action, AMERICAN INTERNATIONAL GROUP, now owns 249,238,898 shares of American International Group Inc, valued at $936,000,000 using the latest closing price.
Inglis John C, the Director of American International Group Inc, purchase 7 shares at $72.76 during a trade that took place back on Sep 30 ’24, which means that Inglis John C is holding 673 shares at $520 based on the most recent closing price.
Stock Fundamentals for AIG
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.54 for the gross margin
The net margin for American International Group Inc stands at 0.12. The total capital return value is set at 0.01. Equity return is now at value 5.33, with 0.78 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 0.12. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is 2.63.
Currently, EBITDA for the company is 9.21 billion with net debt to EBITDA at 1.63. When we switch over and look at the enterprise to sales, we see a ratio of 2.61. The receivables turnover for the company is 4.99for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
Conclusion
In conclusion, American International Group Inc (AIG) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
