American International Group Inc. [AIG] Stock Is a Great Opportunity That’s a Little Too Jacked

American International Group Inc. [AIG] shares are down more than -22.05% this year and recently decreased 0.0% or $0.11 to settle at $39.84. Analysts expect AIG to grow earnings at a 1.93% annual rate over the next 5 years. AIG has a short ratio of 1.85. This implies that the market is currently less bullish on the outlook for AIG.

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Analyst Birdseye View:

The most recent analyst activity for American International Group Inc. [NYSE:AIG] stock was on November 11, 2020, when it was Downgrade with a Neutral rating from Goldman, which also raised its 12-month price target on the stock from $38 to $39. Before that, on November 17, 2020, Barclays Recapitulated an Equal weight rating and elevated its amount target to $39. On August 06, 2020, BofA Securities Upgrade a Buy rating and boosted its price target on this stock from $34 to $38. On June 01, 2020, BofA/Merrill Resumed a Neutral rating. On May 06, 2020, William Blair Downgrade a Mkt perform rating. On February 27, 2020, Standpoint Research Upgrade a Buy rating. On January 21, 2020, Citigroup Initiated a Neutral rating and boosted its target amount on this stock to $55. On October 17, 2019, Evercore ISI Initiated an In-line rating and amplified its amount target to $54.

In the past 52 weeks of trading, this stock has oscillated between a low of $16.07 and a peak of $56.42. Right now, according to Wall Street analyst the average 12-month amount target is $39.13. At the most recent market close, shares of American International Group Inc. [NYSE:AIG] were valued at $39.84. According to the average price forecast, investors can expect a potential return of 0.69%.

FUNDAMENTAL ANALYSIS

American International Group Inc. [NYSE:AIG] most recently reported quarterly sales of 10.22 billion, which represented growth of -21.00%. This publicly-traded organization’s revenue is $1,077,087 per employee, while its income is $71,739 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 0.70, 5.41, 6.99 and 3.48 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 35.46 and the whole liability to whole assets at 7.41. It shows enduring liability to the whole principal at 33.95 and enduring liability to assets at 0.07 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 39.48 points at 1st support level, the second support level is making up to 39.13. But as of 1st resistance point, this stock is sitting at 40.23 and at 40.63 for 2nd resistance point.

American International Group Inc. [AIG] reported its earnings at $0.81 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.54/share signifying the difference of 0.27 and 50.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.66 calling estimates for $0.5/share with the difference of 0.16 depicting the surprise of 32.00%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.92 and it’s amount to book ratio is 0.69.

Insider Stories

The most recent insider trade was by AMERICAN INTERNATIONAL GROUP I, 10% Owner, and it was the purchase of 0.63 million shares on Oct 30. Habayeb Elias F., the Sr. VP, Depty. CFO & CAO, completed a sale of 8500.0 shares on Sep 04. On May 06, JURGENSEN WILLIAM G, Director, completed a purchase of 20000.0 shares.