At the time of writing, American International Group Inc [AIG] stock is trading at $71.09, up 1.56%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AIG shares have lost -1.89% over the last week, with a monthly amount drifted -5.59%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
American International Group Inc [NYSE: AIG] stock has seen the most recent analyst activity on October 15, 2024, when BMO Capital Markets downgraded its rating to a Market Perform and also revised its price target to $84 from $90. Previously, JP Morgan upgraded its rating to Overweight on October 10, 2024, and dropped its price target to $89. On September 05, 2024, Barclays initiated with a Overweight rating and assigned a price target of $90 on the stock. HSBC Securities downgraded its rating to a Hold but stick to its price target of $86 on May 15, 2024. BofA Securities downgraded its rating to a Neutral and raised its price target to $77 on February 20, 2024. TD Cowen started tracking with a Market Perform rating for this stock on January 10, 2024, and assigned it a price target of $78.
For the past year, the stock price of American International Group Inc fluctuated between $65.78 and $80.83. Currently, Wall Street analysts expect the stock to reach $84.5 within the next 12 months. American International Group Inc [NYSE: AIG] shares were valued at $71.09 at the most recent close of the market. An investor can expect a potential return of 18.86% based on the average AIG price forecast.
Analyzing the AIG fundamentals
According to American International Group Inc [NYSE:AIG], the company’s sales were 35.60B for trailing twelve months, which represents an -48.83% plunge. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.06 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.
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 70.41 points at the first support level, and at 69.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.86, and for the 2nd resistance point, it is at 72.64.
Ratios To Look Out For
It is important to note that American International Group Inc [NYSE:AIG] has a current ratio of 0.97. Considering the valuation of this stock, the price to sales ratio is 1.25, the price to book ratio is 0.99 and price to earnings (TTM) ratio is 19.41.
Transactions by insiders
Recent insider trading involved AMERICAN INTERNATIONAL GROUP, 10% Owner, that happened on Dec 09 ’24 when 121.96 million shares were sold. Director, Inglis John C completed a deal on Nov 26 ’24 to buy 660.0 shares. Meanwhile, 10% Owner AMERICAN INTERNATIONAL GROUP, sold 30.0 million shares on Nov 07 ’24.
