At the last check on Thursday, Aegon N.V.’s (NYSE:AEG) stock was down -$0.03, moving down -0.59 percent to $5.03. The average number of shares traded per day over the past five days has been 847,581 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.03 fall in that time frame. In the last twenty days, the average volume was 1,131,400, while in the previous 50 days, it was 1,295,900.
Since last month, AEG stock retreated -1.57%. Shares of the company fell to $4.83 on 09/08/23, 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 dropped by -0.20% or -$0.01, and marked a new high 8 times. However, the stock has declined by -11.52% since its 52-week high.
Valuation Metrics
The stock’s beta is 1.18. Besides these, the trailing price-to-sales (P/S) ratio of 0.46, the price-to-book (PB) ratio of 0.91.
The latest dividend of $0.1528 per share was paid out, which is 18.63% more than last year’s $0.1288. On Thursday August 17 2023, a $0.0239 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.53, and the total debt-to-equity ratio was 0.53. 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 higher net income in the recent quarter than it did in the previous quarter. While analysts expected Aegon N.V. to report $0.21 quarterly earnings, the actual figure was $0.03 per share, beating the consensus estimate by -85.70%. During the quarter, the company generated -$405.63 million in EBITDA.
Technical Picture
This quick technical analysis looks at Aegon N.V.’s (AEG) price momentum. With a historical volatility rate of 15.29%, the RSI 9-day stood at 48.13% on 20 September.
With respect to its five-day moving average, the current Aegon N.V. price is down by -0.69% percent or -$0.03. At present, AEG shares trade -1.86% below its 20-day simple moving average and +10.93% percent above its 100-day simple moving average. However, the stock is currently trading approximately -4.83% below its SMA50 and +1.72% above its SMA200.
Stochastic coefficient K was 66.77% and Stochastic coefficient D was 61.79%, while ATR was 0.07. Given the Stochastic reading of 63.93% for the 14-day period, the RSI (14) reading has been calculated as 46.51%. As of today, the MACD Oscillator reading stands at 0.04, while the 14-day reading stands at 0.07.
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.Aegon N.V. (AEG) has been rated Overweight by analysts. According to 1 brokerage firm, AEG is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Aegon N.V. stock as buy, with 4 recommending it as overweight.
With a median target price of $5.94, the current consensus forecast for the stock is $3.92 – $7.27. Based on these forecasts, analysts predict Aegon N.V. (AEG) will achieve an average price target of $5.89.
