At the time of writing, Corebridge Financial Inc [CRBG] stock is trading at $31.35, up 0.22%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CRBG shares have gain 4.74% over the last week, with a monthly amount drifted -1.88%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Corebridge Financial Inc [NYSE: CRBG] stock has seen the most recent analyst activity on January 06, 2025, when Barclays upgraded its rating to a Overweight but kept the price target unchanged to $37 for it. Previously, TD Cowen started tracking the stock with Buy rating on October 09, 2024, and set its price target to $35. On September 05, 2024, Barclays initiated with a Equal Weight rating and assigned a price target of $33 on the stock. UBS initiated its recommendation with a Buy and recommended $22 as its price target on June 29, 2023. In a note dated April 04, 2023, Goldman upgraded an Buy rating on this stock and revised its target price from $25 to $23.
For the past year, the stock price of Corebridge Financial Inc fluctuated between $23.01 and $34.66. Currently, Wall Street analysts expect the stock to reach $33 within the next 12 months. Corebridge Financial Inc [NYSE: CRBG] shares were valued at $31.35 at the most recent close of the market. An investor can expect a potential return of 5.26% based on the average CRBG price forecast.
Analyzing the CRBG fundamentals
According to Corebridge Financial Inc [NYSE:CRBG], the company’s sales were 14.40B for trailing twelve months, which represents an -66.27% plunge. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.1 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.
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 30.85 points at the first support level, and at 30.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.63, and for the 2nd resistance point, it is at 31.90.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.24, the price to book ratio is 1.32.
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. 10% Owner, AMERICAN INTERNATIONAL GROUP, completed a deal on Nov 07 ’24 to sell 30.0 million shares. Meanwhile, 10% Owner AMERICAN INTERNATIONAL GROUP, sold 5.0 million shares on Sep 16 ’24.
