How much can investors make with American International Group Inc. (AIG) stock in the next 12 months?

As of right now, American International Group Inc. [AIG] is trading at $61.68, up 0.82%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AIG shares have gain 3.33% over the last week, with a monthly amount glided 6.23%, and seem to be holding up well over a long-time horizon.

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On 5, September 2023, Lucy Fato to Assume Role of Vice Chair at AIG. In a post published today on Yahoo Finance, American International Group (NYSE: AIG) today announced that Lucy Fato will transition from her current role as Executive Vice President, General Counsel & Global Head of Communications and Government Affairs to Vice Chair at AIG, effective October 1, 2023. In this newly created role, Ms. Fato will report to Peter Zaffino, Chairman & Chief Executive Officer of AIG, and continue to support AIG’s journey to become a top performing global insurer.

From an analyst’s perspective:

American International Group Inc. [NYSE: AIG] stock has seen the most recent analyst activity on June 20, 2023, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $57.

Through the last year, American International Group Inc.’s stock price ranged from $45.66 to $64.88. Currently, Wall Street analysts expect the stock to reach $70.81 within the next 12 months. American International Group Inc. [NYSE: AIG] shares were valued at $61.68 at the most recent close of the market. An investor can expect a potential return of 14.8% based on the average AIG price forecast.

Analyzing the AIG fundamentals

For American International Group Inc., (AIG), the latest quarter sales were 13.48 billion, which represents an -3.30% decrease. A company’s income per employee is $392,252 while it generates $2,154,084 in revenue per employee. To continue investigating profitability, this company’s Return on Assets is posted at 2.10, Equity is 19.40, Total Capital is 25.92, and Invested Capital is 12.57. An extended look at the Principal structure reveals enduring liabilities to the total capital of 41.50 and enduring liabilities to assets of 6.24.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 60.99 points at the first support level, and at 60.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.14, and for the 2nd resistance point, it is at 62.61.

American International Group Inc. [AIG] reported earnings per share of $1.75 for its fiscal quarter that ended on 6/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.59/share, meaning a difference of $0.16 and a surprise factor of 10.10%. By comparison, the stated earnings for the previous quarter ended on 3/30/2023 were $1.63 per share as compared to estimates of $1.42 per share, a difference of $0.21 representing a surprise of 14.80%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.88, the price to book ratio is 1.17 and the P/E (TTM) ratio is 10.42.

Transactions by insiders

Insider trading has also been a hot topic recently, with 0 insiders purchasing 0 shares and 1 selling 7,757 shares in the past 3 months. Recent insider trading involved Carbone Kathleen, VP & Chief Accounting Officer, that happened on Aug 09 when 7757.0 shares were sold. 10% Owner, AMERICAN INTERNATIONAL GROUP, completed a deal on Jun 23 to sell 10.98 million shares. Meanwhile, 10% Owner AMERICAN INTERNATIONAL GROUP, bought 0.8 million shares on Jun 14.