American International Group Inc. [AIG] Revenue clocked in at $45.91 billion, up 2.88% YTD: What’s Next?

American International Group Inc. [NYSE: AIG] surged by $0.38 during the normal trading session on Wednesday and reaching a high of $39.35 during the day while it closed the day at $38.95. The company report on February 3, 2021 that AIG Retirement Services Selected as Exclusive Retirement Plan Provider for Care New England Health System.

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AIG Retirement Services, a leading retirement plan provider for tax-exempt and public sector employers, announced it will serve as the exclusive retirement plan provider for Care New England, a non-profit health care system with over 7,000 employees and over $400 million in retirement plan assets.

“We are honored to bring our services to Care New England, especially at a time when our nation’s health care systems are doing such extraordinary work,” said Gilliane Isabelle, Chief Distribution Officer, AIG Retirement Services. “AIG Retirement Services works to help those who serve others achieve the retirement they envision, and we are pleased to have the opportunity to bring our powerful technologies and a personalized retirement plan experience to so many Rhode Island frontline health care workers.”.

American International Group Inc. stock has also gained 3.59% of its value over the past 7 days. However, AIG stock has inclined by 20.03% in the 3 months of the year. Over the past six months meanwhile, it has gained 31.06% and gained 2.88% year-on date.

The market cap for AIG stock reached $34.49 billion, with 867.71 million shares outstanding and 860.93 million shares in the current float. Compared to the average trading volume of 5.25M shares, AIG reached a trading volume of 4679287 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about American International Group Inc. [AIG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AIG shares is $41.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AIG stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for American International Group Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on January 04, 2021. While these analysts kept the previous recommendation, Barclays raised their target price to Equal Weight. The new note on the price target was released on November 17, 2020, representing the official price target for American International Group Inc. stock. Previously, the target price had yet another raise from $38 to $39, while Goldman kept a Neutral rating on AIG stock. On August 06, 2020, analysts increased their price target for AIG shares from 34 to 38.

The Average True Range (ATR) for American International Group Inc. is set at 1.13, with the Price to Sales ratio for AIG stock in the period of the last 12 months amounting to 0.75. The Price to Book ratio for the last quarter was 0.53, with the Price to Cash per share for the same quarter was set at 3.60. Price to Free Cash Flow for AIG in the course of the last twelve months was 37.33.

AIG stock trade performance evaluation

American International Group Inc. [AIG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.59. With this latest performance, AIG shares gained by 4.90% in over the last four-week period, additionally plugging by 31.06% over the last 6 months – not to mention a drop of -23.10% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AIG stock in for the last two-week period is set at 49.27, with the RSI for the last a single of trading hit 48.68, and the three-weeks RSI is set at 50.81 for American International Group Inc. [AIG]. The present Moving Average for the last 50 days of trading for this stock 39.16, while it was recorded at 38.17 for the last single week of trading, and 32.49 for the last 200 days.

American International Group Inc. [AIG]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and American International Group Inc. [AIG] shares currently have an operating margin of +13.78. American International Group Inc.’s Net Margin is presently recorded at +6.66.

Return on Total Capital for AIG is now 6.99, given the latest momentum, and Return on Invested Capital for the company is 3.48. Return on Equity for this stock inclined to 5.41, with Return on Assets sitting at 0.70. When it comes to the capital structure of this company, American International Group Inc. [AIG] has a Total Debt to Total Equity ratio set at 54.94. Additionally, AIG Total Debt to Total Capital is recorded at 35.46, with Total Debt to Total Assets ending up at 7.41. Long-Term Debt to Equity for the company is recorded at 52.99, with the Long-Term Debt to Total Capital now at 33.95.

Reflecting on the efficiency of the workforce at the company, American International Group Inc. [AIG] managed to generate an average of $71,739 per employee.

Earnings per share (EPS) analysis for American International Group Inc. [AIG] stock

With the latest financial reports released by the company, American International Group Inc. posted 1.03/share EPS, while the average EPS was predicted by analysts to be reported at 1/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AIG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American International Group Inc. go to 1.89%.

American International Group Inc. [AIG]: Insider Ownership positions

There are presently around $29,824 million, or 92.60% of AIG stock, in the hands of institutional investors. The top three institutional holders of AIG stocks are: VANGUARD GROUP INC with ownership of 81,335,982, which is approximately 17.637% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 77,652,133 shares of the stock with an approximate value of $3.02 billion in AIG stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $2.68 billion in AIG stock with ownership of nearly -12.416% of the company’s market capitalization.

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Positions in American International Group Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 304 institutional holders increased their position in American International Group Inc. [NYSE:AIG] by around 49,162,458 shares. Additionally, 368 investors decreased positions by around 53,671,447 shares, while 105 investors held positions by with 662,853,607 shares. The mentioned changes placed institutional holdings at 765,687,512 shares, according to the latest SEC report filing. AIG stock had 98 new institutional investments in for a total of 11,075,312 shares, while 83 institutional investors sold positions of 8,130,447 shares during the same period.

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