American International Group Inc [NYSE: AIG] closed the trading session at $76.69.
The stocks have a year to date performance of 13.20 percent and weekly performance of 3.04 percent. The stock has been moved at 3.75 percent over the last six months. The stock has performed 9.31 percent around the most recent 30 days and changed 0.05 percent over the most recent 3-months.
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If compared to the average trading volume of 4.42M shares, AIG reached to a volume of 3021924 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 $82.78 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 1.87. 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.
HSBC Securities have made an estimate for American International Group Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on May 15, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $75 to $77. The new note on the price target was released on February 20, 2024, representing the official price target for American International Group Inc stock. Previously, the target price had yet another raise to $78, while TD Cowen analysts kept a Market Perform rating on AIG stock.
The Average True Range (ATR) for American International Group Inc is set at 1.38, with the Price to Sales ratio for AIG stock in the period of the last 12 months amounting to 1.17. The Price to Book ratio for the last quarter was 1.12. Price to Free Cash Flow for AIG in the course of the last twelve months was 7.50.
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 3.04. With this latest performance, AIG shares gained by 9.31% in over the last four-week period, additionally plugging by 3.75% over the last 6 months – not to mention a rise of 29.46% 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 58.53, with the RSI for the last a single of trading hit 63.19, and the three-weeks RSI is set at 55.54 for American International Group Inc [AIG]. The present Moving Average for the last 50 days of trading for this stock 75.02, while it was recorded at 76.28 for the last single week of trading, and 73.01 for the last 200 days.
American International Group Inc [AIG]: An insightful look at the core fundamentals
American International Group Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.05.
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 1.04/share EPS, while the average EPS was predicted by analysts to be reported at 1.5/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.46. 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 5.20%.
American International Group Inc [AIG]: Institutional Ownership
There are presently around $93.74%, or 94.02%% of AIG stock, in the hands of institutional investors. The top three institutional holders of AIG stocks are: VANGUARD GROUP INC with ownership of 68.08 million shares, which is approximately 9.9734%. BLACKROCK INC., holding 57.15 million shares of the stock with an approximate value of $$4.24 billion in AIG stocks shares; and BLACKROCK INC., currently with $$3.1 billion in AIG stock with ownership which is approximately 6.116%.
