American Equity Investment Life Holding Co (NYSE: AEL) on Tuesday, soared 0.04% from the previous trading day, before settling in for the closing price of $55.12. Within the past 52 weeks, AEL’s price has moved between $36.63 and $56.40.
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Annual sales at Financial sector company grew by 0.01% over the past five years. The company achieved an average annual earnings per share of -3.36%. With a float of $77.86 million, this company’s outstanding shares have now reached $79.34 million.
Let’s look at the performance matrix of the company that is accounted for 995 employees.
American Equity Investment Life Holding Co (AEL) Insider and Institutional Ownership
Observing investor behavior towards Insurance – Life industry stocks is more important than anything else. The insider ownership of American Equity Investment Life Holding Co is 1.94%, while institutional ownership is 94.82%. The most recent insider transaction that took place on Sep 21 ’23, was worth 5,244,871. In this transaction Executive VP-Chief Inv Officer of this company sold 97,395 shares at a rate of $53.85, taking the stock ownership to the 30,900 shares. Before that another transaction happened on Sep 21 ’23, when Company’s Chief Financial Officer sold 29,273 for $53.87, making the entire transaction worth $1,577,062. This insider now owns 13,740 shares in total.
American Equity Investment Life Holding Co (AEL) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 61.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.81% during the next five years compared to -16.27% drop over the previous five years of trading.
American Equity Investment Life Holding Co (NYSE: AEL) Trading Performance Indicators
American Equity Investment Life Holding Co (AEL) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.59. Likewise, its price to free cash flow for the trailing twelve months is 1.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.14, a number that is poised to hit 1.74 in the next quarter and is forecasted to reach 7.05 in one year’s time.
Technical Analysis of American Equity Investment Life Holding Co (AEL)
American Equity Investment Life Holding Co (NYSE: AEL) saw its 5-day average volume 1.01 million, a positive change from its year-to-date volume of 0.52 million. As of the previous 9 days, the stock’s Stochastic %D was 13.68%. Additionally, its Average True Range was 0.29.
During the past 100 days, American Equity Investment Life Holding Co’s (AEL) raw stochastic average was set at 33.68%, which indicates a significant increase from 16.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 6.61% in the past 14 days, which was higher than the 5.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.71, while its 200-day Moving Average is $54.54. Nevertheless, the first resistance level for the watch stands at $55.32 in the near term. At $55.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $55.72. If the price goes on to break the first support level at $54.92, it is likely to go to the next support level at $54.71. The third support level lies at $54.52 if the price breaches the second support level.
American Equity Investment Life Holding Co (NYSE: AEL) Key Stats
Market capitalization of the company is 4.38 billion based on 79,400K outstanding shares. Right now, sales total 2,836 M and income totals 210,530 K. The company made 1,055 M in profit during its latest quarter, and -465,000 K in sales during its previous quarter.
