Wolfe Research raised the price target for the American International Group Inc. (NYSE:AIG) stock to “an Outperform”. The rating was released on August 17, 2021. The research report from Wells Fargo has downgraded the stock from Overweight to Equal Weight, with a price target set at $42. The stock was initiated by Barclays, who disclosed in a research note on November 17, 2020, to Equal Weight and set the price objective to $39. In their research brief published November 11, 2020, Goldman analysts downgraded the American International Group Inc. stock from Buy to Neutral with a price target of $39.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of American International Group Inc. (NYSE:AIG) raised 0.37% to close Tuesday’s market session at $54.36, higher as compared to yesterday’s close. The stock price fluctuated between $53.885 and $54.69 throughout the trading session with the volume trading being 3773394 shares, which represented a significant variation when compared to the three months average volume of 4.03 million shares. The firm’s stock price fluctuated 0.65% within the last five trades and 13.94% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 19.66% in the last 6 months and 7.01% was added to its value over the previous 3 months. AIG stock is trading at a margin of 6.38%, 10.70% and 19.94% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, AIG deals in the Financial domain. The stock is trading -1.09 percent below its 52-week high and 112.59 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 79.64. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does American International Group Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 13.60 percent and the profit margin is 9.30 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $45.96 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for American International Group Inc. (NYSE:AIG) is 11.40. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 10.12. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.02 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 0.72, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.10 percent of American International Group Inc. shares are owned by insiders, and 91.60 percent are held by financial institutions. Hogan Kevin T., the EVP – Life & Retirement at American International Group Inc. (AIG) has sold 41,400 shares of firm on Aug 11 at a price of $53.61 against the total amount of $2.22 million. In another inside trade, Dachille Douglas A., EVP and CIO of American International Group Inc. (NYSE:AIG) sold 19,712 shares of the firm on Jun 02 for a total worth of $1.05 million at a price of $53.23. An inside trade which took place on May 11, Executive Chair of American International Group Inc. DUPERREAULT BRIAN sold 65,035 shares of firm against total price of $3.28 million at the cost of $50.49 per share.