Research Recommendations For American International Group Inc. (AIG): Here is What You Should Know

American International Group Inc. (NYSE:AIG) saw an upside of 0.49% to close Monday at $57.89 after adding $0.28 on the day. The 5-day average trading volume is 3,480,280 shares of the company’s common stock. It has gained $58.86 in the past week. An average of 4,780,100 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,553,306.

AIG’s 1-month performance is 6.34% or $3.45 on its low of $52.00 reached on 09/20/21. The company’s shares have touched a 52-week low of $29.12 and high of $58.10, with the stock’s rally to the 52-week high happening on 10/11/21. YTD, AIG has achieved 52.91% or $20.03. However, the current price is down -0.37%% from the 52-week high price.


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Insider Transactions

On Aug 11, 62 days have gone by since the last insider trading activity for American International Group Inc. (AIG). Hogan Kevin T. (EVP – Life & Retirement) most recently sold 41,400 shares at $53.61 per share on Aug 11. This transaction cost the insider $2,219,458. EVP and CIO, Dachille Douglas A., sold 19,712 shares at a price of $53.23 on Jun 02. Then, on May 11, Executive Chair DUPERREAULT BRIAN sold 65,035 shares at a price of $50.49 per share. This transaction amounted to $3,283,355.

Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 1651.50 and a low of 4.117. AIG stock has a beta of 1.37. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.09 while the price-to-book (PB) in the most recent quarter is 0.76, with the price to cash flow ratio at 34.59.

American International Group Inc. pays an annual dividend of $1.28 per share. Its dividend yield is 2.21% and the payout ratio is 26.60%. AIG’s most recent quarterly dividend payment was made on Sep. 30, when it paid $0.32 a share compared with prior rate of $0.32, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.04 reported on Thursday February 11 2016.

It is projected that American International Group Inc.’s next ex-dividend date will be on 13-Dec. AIG is expected to distribute $0.32 as its next dividend.

As well, the company’s long term debt to equity for the quarter ending June 29 was 0.54, while the total debt to equity was 0.54 while for the period ending June 29; American International Group Inc.’s operating margin was 13.60%. The firm’s gross profit as reported stood at -$7.29 billion against revenue of $43.74 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected AIG to announce $1.2 per share in earnings in its latest quarter, but it posted $1.52, representing a 26.70% surprise. EBITDA for the quarter stood at more than $1.54 billion. AIG stock balance sheet for the quarter ending June 29 shows that, with total debt at $35.73 billion. Shareholders hold equity totaling $855.2 million

Technical Picture

Let’s look briefly at American International Group Inc. (AIG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 70.14% to suggest the stock is trending Overbought, with historical volatility in this time period at 18.40%.

The stock’s 5-day moving average is $57.49, reflecting a +3.71% or $2.07 change from its current price. AIG is currently trading +5.03% above its 20-day SMA, +14.25% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +22.26% and +54.62% respectively.

Stochastic %K and %D was 85.90% and 88.76% and the average true range (ATR) pointed at 1.25. The RSI (14) points at 66.51%, while the 14-day stochastic is at 82.04% with the period’s ATR at 1.24. The stock’s 9-day MACD Oscillator is pointing at 0.96 and 1.46 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for American International Group Inc. (NYSE: AIG), Wolfe Research launched coverage with an Outperform rating. Analysts offering their rating for AIG stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate AIG as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 8 have offered a “buy” rating.

What is AIG’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $50.00 and a high of $65.00, with their median price target at $60.50. Looking at these predictions, the average price target given by analysts is for American International Group Inc. (AIG) stock is $59.00.

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