On Tuesday, American International Group Inc (NYSE: AIG) was -0.67% drop from the session before settling in for the closing price of $77.55. A 52-week range for AIG has been $58.69 – $80.83.
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Annual sales at Financial sector company grew by 0.56% over the past five years. When this article was written, the company’s average yearly earnings per share was at -24.49%. With a float of $642.07 million, this company’s outstanding shares have now reached $688.84 million.
Let’s look at the performance matrix of the company that is accounted for 25200 employees. In terms of profitability, gross margin is 68.09%, operating margin of 12.86%, and the pretax margin is 14.67%.
American International Group Inc (AIG) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward American International Group Inc stocks. The insider ownership of American International Group Inc is 0.29%, while institutional ownership is 93.35%. The most recent insider transaction that took place on Sep 30 ’24, was worth 520. In this transaction Director of this company bought 7 shares at a rate of $72.76, taking the stock ownership to the 673 shares. Before that another transaction happened on Sep 16 ’24, when Company’s 10% Owner sold 5,000,000 for $28.86, making the entire transaction worth $144,300,000. This insider now owns 279,238,898 shares in total.
American International Group Inc (AIG) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1.04 earnings per share (EPS) during the time that was less than consensus figure (set at 1.5) by -0.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.49% per share during the next fiscal year.
American International Group Inc (NYSE: AIG) Trading Performance Indicators
You can see what American International Group Inc (AIG) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18. Likewise, its price to free cash flow for the trailing twelve months is 7.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.73, a number that is poised to hit 1.11 in the next quarter and is forecasted to reach 6.85 in one year’s time.
Technical Analysis of American International Group Inc (AIG)
American International Group Inc (NYSE: AIG) saw its 5-day average volume 3.23 million, a negative change from its year-to-date volume of 4.12 million. As of the previous 9 days, the stock’s Stochastic %D was 54.82%. Additionally, its Average True Range was 1.47.
During the past 100 days, American International Group Inc’s (AIG) raw stochastic average was set at 73.33%, which indicates a significant increase from 66.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.60% in the past 14 days, which was higher than the 24.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.55, while its 200-day Moving Average is $74.40. Nevertheless, the first resistance level for the watch stands at $77.50 in the near term. At $77.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $78.59. If the price goes on to break the first support level at $76.42, it is likely to go to the next support level at $75.81. Assuming the price breaks the second support level, the third support level stands at $75.33.
American International Group Inc (NYSE: AIG) Key Stats
There are 663,668K outstanding shares of the company, which has a market capitalization of 49.60 billion. As of now, sales total 46,802 M while income totals 3,643 M. Its latest quarter income was 6,560 M while its last quarter net income were -3,977 M.
