Over the past three months, Athene Holding Ltd. [ATH] ended the trading day at $35.92 and exhibited a change of -2.97% with a 24 hour trading and reached upto the volume of 1.43M compared to its recorded trading volume of 1.47 million. ATH generated a 1 year amount change with -9.11%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by -1.02% with an amount shift of -1.40% over the last month.

On 9, October 2020, AM Best Assigns Issue Credit Rating to Athene Holding Ltd.’s New Senior Unsecured Notes. According to news published on Yahoo Finance, AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb” to the recently issued $500 million 3.5% senior unsecured notes due Jan. 15, 2031 for Athene Holding Ltd. (Athene) (Bermuda) [NYSE:ATH]. The outlook assigned to this Credit Rating (rating) is positive. The existing ratings of Athene and its insurance subsidiaries remain unchanged.

Analyst Birdseye View:

The most recent analyst activity for Athene Holding Ltd. [NYSE:ATH] stock was on October 03, 2018, when it was Resumed with a Buy rating from BofA/Merrill, which also raised its 12-month price target on the stock to $67. Before that, on March 20, 2020, RBC Capital Mkts Recapitulated a Sector perform rating and elevated its amount target to $33. On June 08, 2018, Barclays Resumed an Equal weight rating and boosted its price target on this stock to $51. On April 25, 2018, Credit Suisse Initiated an Outperform rating and increased its price target to $67. On August 11, 2017, Sandler O’Neill Upgrade a Buy rating. On August 11, 2017, RBC Capital Mkts Reiterated an Outperform rating and boosted its amount target on this stock to $66. On June 19, 2017, Credit Suisse Upgrade an Outperform rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $13.37 and a peak of $50.43. Right now, according to Wall Street analyst the average 12-month amount target is $47.10. At the most recent market close, shares of Athene Holding Ltd. [NYSE:ATH] were valued at $35.92. According to the average price forecast, investors can expect a potential return of -5.84%.

FUNDAMENTAL ANALYSIS

Athene Holding Ltd. [NYSE:ATH] most recently reported quarterly sales of 2.04 billion, which represented growth of 25.30%. This publicly-traded organization’s revenue is $8,947,925 per employee, while its income is $1,639,245 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.59, 20.05, 19.15 and 18.37 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 9.87 and the whole liability to whole assets at 1.00. It shows enduring liability to the whole principal at 6.68 and enduring liability to assets at 0.01 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 35.57 points at 1st support level, the second support level is making up to 35.23. But as of 1st resistance point, this stock is sitting at 36.45 and at 36.98 for 2nd resistance point.

Athene Holding Ltd. [ATH] reported its earnings at $2.49 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.71/share signifying the difference of 0.78 and 45.60% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.6 calling estimates for $0.06/share with the difference of -0.66 depicting the surprise of -1,100.00%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.74, it’s amount to book ratio is 0.62 and showing 13.65 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Kvalheim Grant, See Remarks, and it was the purchase of 40000.0 shares on Jun 11. Belardi James Richard, the Chairman, CEO and CIO, completed a purchase of 40000.0 shares on Jun 11. On Mar 13, Klein Martin P, Executive VP and CFO, completed a purchase of 4000.0 shares.