American International Group Inc [NYSE: AIG] traded at a high on Thursday, posting a 1.23 gain after which it closed the day’ session at $76.53.
The results of the trading session contributed to over 3434238 shares changing hands. Over the past one week, the price volatility of American International Group Inc stands at 2.64% while the volatility over the past one month is 1.78%.
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The market cap for AIG stock reached $49.28 billion, with 688.84 million shares outstanding and 642.07 million shares in the current float. Compared to the average trading volume of 4.19M shares, AIG reached a trading volume of 3434238 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $84.44 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 1.67. 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.
JP Morgan have made an estimate for American International Group Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on Oct-11-24. While these analysts kept the previous recommendation, Barclays raised their target price to Overweight. The new note on the price target was released on September 05, 2024, representing the official price target for American International Group Inc stock. Previously, the target price had yet another raise to $86, while HSBC Securities analysts kept a Hold rating on AIG stock. On February 20, 2024, analysts increased their price target for AIG shares from 75 to 77.
The Average True Range (ATR) for American International Group Inc is set at 1.54, 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 7.49.
How has AIG stock performed recently?
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 5.79. With this latest performance, AIG shares gained by 6.06% in over the last four-week period, additionally plugging by 3.18% over the last 6 months – not to mention a rise of 25.11% 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 60.83, with the RSI for the last a single of trading hit 65.33, and the three-weeks RSI is set at 57.54 for American International Group Inc [AIG]. The present Moving Average for the last 50 days of trading for this stock 73.61, while it was recorded at 75.29 for the last single week of trading, and 74.02 for the last 200 days.
American International Group Inc [AIG]: Deeper insight into the fundamentals
American International Group Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.05.
Earnings analysis for American International Group Inc [AIG]
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 21.00%.
Insider trade positions for American International Group Inc [AIG]
There are presently around $93.98%, or 94.21%% 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%.
