Aegon N.V. (NYSE:AEG) finished Friday with an addition of $0.04 to close at $5.11, an upside of 0.79 percent. An average of 1,379,020 shares of common stock have been traded in the last five days. There was a gain of $0.02 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 1,454,165 shares traded, while the 50-day average volume stands at 1,418,616.
AEG stock has decreased by -4.31% in the last month. The company shares reached their 1-month lowest point of $5.02 on 08/18/23. With the stock rallying to its 52-week high on 02/09/23, shares of the company touched a low of $3.76 and a high of $5.68 in 52 weeks. It has reached a new high 8 times so far this year and achieved 1.39% or $0.07 in price. In spite of this, the price is down -10.11% from the 52-week high.
Valuation Metrics
Aegon N.V. (AEG) stock’s beta is 1.18. Other valuation ratios to consider include the price-to-book (PB) ratio at 0.91.
The company’s most recent quarterly dividend payment was $0.1528 a share, representing a up of 18.63% from $0.1288 last year. Its latest increase dividend $0.0239 reported on Thursday August 17 2023.
Financial Health
Further, the company has a long term debt to equity ratio of 0.53 and a total debt to equity ratio of 0.53 for the quarter ending December 30. Its gross profit as reported stood at -$1.63 billion compared to revenue of $22.47 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Aegon N.V.’s return on assets was -0.70%.
Earnings Surprise
The analyst consensus anticipated Aegon N.V.’s latest quarter earnings to come in at $0.06 per share, but it turned out to be $0.18, a 200.00% surprise. For the quarter, EBITDA amounted to -$405.63 million. At the end of the quarter ending December 30, Aegon N.V.’s stock balance sheet showed total debt was $5.39 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Aegon N.V. (AEG) price momentum. RSI 9-day as of the close on 25 August was 38.68%, suggesting the stock is Neutral, with historical volatility in this time frame at 33.48%.
As of today, AEG’s price is $5.12 +0.39% or $0.02 from its 5-day moving average. AEG is currently trading -5.19% lower than its 20-day SMA and +18.01% higher than its 100-day SMA. However, the stock’s current price level is +5.36% above the SMA50 and +8.49% above the SMA200.
The stochastic %K and %D were 15.69% and 18.52%, respectively, and the average true range (ATR) was 0.10. With the 14-day stochastic at 17.65% and the average true range at 0.09, the RSI (14) stands at 42.60%. The stock has reached -0.07 on the 9-day MACD Oscillator while the 14-day reading was at -0.17.
Analyst Ratings
HSBC Securities upgraded Aegon N.V. (NYSE: AEG) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Hold. The consensus rating for Aegon N.V. (AEG) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell AEG, while 6 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 5 others rate it as a “buy”.
What is AEG’s price target for the next 12 months?
Analysts predict a range of price targets between $3.92 and $7.35, with a median target of $5.99. Taking a look at these predictions, the average price target given by analysts for Aegon N.V. (AEG) stock is $5.87.
