At the last check on Friday, Aegon N.V.’s (NYSE:AEG) stock was up $0.11, moving up 2.07 percent to $5.43. The average number of shares traded per day over the past five days has been 900,982 shares. 1 time new highs have been achieved over the past 5 days, with a $0.04 gain in that time frame. In the last twenty days, the average volume was 1,199,530, while in the previous 50 days, it was 1,380,166.
Since last month, AEG stock rose 7.31%. Shares of the company fell to $5.00 on 07/06/23, the lowest level in the past month. A 52-week high of $5.68 was reached on 02/09/23 after having rallying from a 52-week low of $3.76. Since the beginning of this year, AEG’s stock price has risen by 7.74% or $0.39, and marked a new high 8 times. However, the stock has declined by -4.49% since its 52-week high.
Valuation Metrics
The latest dividend of $0.1288 per share was paid out, which is 34.17% more than last year’s $0.0960. On Monday February 13 2023, a $0.0328 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.48, and the total debt-to-equity ratio was 0.48. Based on annual data, AEG earned -$1.63 billion in gross profit and brought in $22.47 billion in revenue.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected Aegon N.V. to report $0.06 quarterly earnings, the actual figure was $0.18 per share. During the quarter, the company generated -$750.72 million in EBITDA.
Technical Picture
This quick technical analysis looks at Aegon N.V.’s (AEG) price momentum. With a historical volatility rate of 20.24%, the RSI 9-day stood at 64.25% on 03 August.
With respect to its five-day moving average, the current Aegon N.V. price is up by +0.65% percent or $0.04. At present, AEG shares trade +5.96% above its 20-day simple moving average and +17.68% percent above its 100-day simple moving average. However, the stock is currently trading approximately +15.43% above its SMA50 and +33.29% above its SMA200.
Stochastic coefficient K was 51.80% and Stochastic coefficient D was 47.83%, while ATR was 0.09. Given the Stochastic reading of 87.53% for the 14-day period, the RSI (14) reading has been calculated as 64.41%. As of today, the MACD Oscillator reading stands at -0.03, while the 14-day reading stands at 0.01.
Analyst Ratings
HSBC Securities upgraded its rating on Aegon N.V. (NYSE: AEG) to a Buy in a note to investors on June 09, 2023. The analysts firm previously had a Hold rating on the stock.
With a median target price of $5.97, the current consensus forecast for the stock is $3.94 – $7.58. Based on these forecasts, analysts predict Aegon N.V. (AEG) will achieve an average price target of $5.92.
