Looking To Buy Aegon N.V. (AEG)? Read This First

Aegon N.V. (NYSE:AEG) saw a downside of -1.28% to $5.40 after subtracting -$0.07 on Tuesday. The 5-day average trading volume is 997,989 shares of the company’s common stock. It has gained $5.48 in the past week and touched a new high 4 times within the past 5 days. An average of 1,205,977 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,358,705.

AEG’s 1-month performance is 4.65% or $0.27 on its low of $5.14 reached on 07/10/23. The company’s shares have touched a 52-week low of $3.76 and high of $5.68, with the stock’s rally to the 52-week high happening on 02/09/23. YTD, AEG has achieved 7.14% or $0.35 and has reached a new high 8 times. However, the current price is down -5.01% from the 52-week high price.

Valuation Metrics

AEG stock has a beta of 1.18. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 0.74, with the price to cash flow ratio at 3.72.

As well, the company’s long term debt to equity for the quarter ending December 30 was 0.48, while the total debt to equity was 0.48. The firm’s gross profit as reported stood at -$1.63 billion against revenue of $22.47 billion.

Earnings Surprise

For the quarterly period ending December 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected AEG to announce $0.06 per share in earnings in its latest quarter, but it posted $0.18, representing a 200.00% surprise. EBITDA for the quarter stood at more than -$750.72 million.

Let’s look briefly at Aegon N.V. (AEG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 57.89% to suggest the stock is trending Neutral, with historical volatility in this time period at 21.61%.

The stock’s 5-day moving average is $5.36, reflecting a +0.94% or $0.05 change from its current price. AEG is currently trading +3.26% above its 20-day SMA, +26.23% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +18.20% and SMA200 by+30.51%.

Stochastic %K and %D was 76.14% and 64.29% and the average true range (ATR) pointed at 0.10. The RSI (14) points at 60.05%, while the 14-day stochastic is at 64.00% with the period’s ATR at 0.09. The stock’s 9-day MACD Oscillator is pointing at 0.05 and 0.07 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Aegon N.V. (NYSE: AEG), HSBC Securities upgraded it to a Buy rating. They previously had a Hold rating on the stock. Analysts offering their rating for AEG stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate AEG as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 5 have offered a “buy” rating.

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

Analysts have a consensus price target ranging from a low of $3.94 and a high of $7.58, with their median price target at $5.97. Looking at these predictions, the average price target given by analysts is for Aegon N.V. (AEG) stock is $5.92.

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