The stock of Aegon N.V. (NYSE:AEG) increased by $0.03 on Wednesday to $5.15, up 0.68 percent. The last five days have seen an average of 1,545,375 shares of common stock traded. 8 times new highs were reached in the current year, with a gain of $0.12. The average number of shares traded over the last 20 days was 1,548,619, while the average volume over the last 50 days totaled 1,394,578.
AEG stock dropped -3.47% since last month. On 08/18/23, the company’s shares reached a one-month low of $5.02. The stock touched a high of $5.68 on 02/09/23, after rallying from a low of $3.76 in 52 weeks. The price of AEG stock has risen by 2.28% or $0.12 this year, reaching a new high 8 times. Still, the stock price is down -9.33% from the 52-week high.
Valuation Metrics
Beta for the stock is 1.19. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.46, the price-to-book (PB) ratio of 0.92.
Company paid $0.1528 per share in dividends, an increase of 18.63% from $0.1288 last year. A $0.0239 dividend increase was reported on Thursday August 17 2023.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending December 31 is 0.53, and the total debt to equity ratio is 0.53. Based on annual data, it had gross profit of -$1.63 billion and revenue of $22.47 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. AEG’s return on assets (ROA) during the last 12 months has been -0.70%. In the meantime, the return on equity (ROE) for the last 12 months was -20.30%.
Earnings Surprise
According to Aegon N.V.’s quarterly financial report for the quarter that ended December 31. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that Aegon N.V.’s quarterly earnings would be $0.18, but it ended up being $0.06. EBITDA was -$405.63 million for the quarter. At the end of Aegon N.V.’s most recent quarter ended December 31, its total debt was $5.39 billion.
Technical Picture
Here’s a quick look at Aegon N.V.’s (AEG) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 45.55%, suggesting the stock is Neutral, with a 18.30% historical volatility rate.
The stochastic %K and %D were 26.26% and 22.48% respectively, while the average true range (ATR) was 0.09. Based on the 14-day stochastic reading of 29.77%, the RSI (14) reading is 46.59%. On the 9-day MACD Oscillator, the stock is at 0.02, and the 14-day reading is at -0.06.
Analyst Ratings
In its most recent analyst report, HSBC Securities raised its rating on Aegon N.V. (NYSE: AEG) to a Buy. Prior to this, analysts firm rated the stock as a Hold. Analysts have assigned Aegon N.V. (AEG) an Overweight rating. AEG is a stock that is recommended for selling by 1 brokerage firm, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 5 others recommend it as a buy.
What is AEG’s price target for the next 12 months?
The current consensus forecast for the stock is between $3.92 and $7.27, with a median target price of $5.99. In analyzing these forecasts, the average price target given by analysts for Aegon N.V. (AEG) is $5.87.
