Here Is A Bargain Stock You Should Look At

American International Group Inc. (NYSE:AIG) has a beta value of 1.18 and has seen 8.22 million shares traded in the last trading session. The company, currently valued at £34.86B, closed the last trade at £47.46 per share which meant it gained £0.12 on the day or 0.25% during that session. The AIG stock price is -38.5% off its 52-week high price of £65.73 and 3.79% above the 52-week low of £45.66.

If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.22 million shares traded. The 3-month trading volume is 5.20 million shares. The consensus among analysts is that American International Group Inc. (AIG) is an Overweight stock at the moment, with a recommendation rating of 2.30.

0 analysts rate the stock as a Sell, while 1 rate it as Overweight.

9 out of 20 have rated it as a Hold, with 10 advising it as a Buy.

0 have rated the stock as Underweight. The expected earnings per share for the stock is £1.29. Sporting 0.25% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on Monday, 03/27/23 when the AIG stock price touched £47.46 or saw a rise of 7.63%.

Year-to-date, American International Group Inc. shares have moved -24.95%, while the 5-day performance has seen it change -2.85%. Over the past 30 days, the shares of American International Group Inc. (NYSE:AIG) have changed -21.12%. Short interest in the company has seen 5.87 million shares shorted with days to cover at 1.55.

Wall Street analysts have a consensus price target for the stock at £70.13, which means that the shares’ value could jump 32.33% from current levels. The projected low price target is £60.00 while the price target rests at a high of £86.00. In that case, then, we find that the current price level is -81.21% off the targeted high while a plunge would see the stock gain -26.42% from current levels.

American International Group Inc. (AIG) estimates and forecasts

Figures show that American International Group Inc. shares have outperformed across the wider relevant industry.

The company’s shares have lost -4.64% over the past 6 months, with this year growth rate of 36.70%, compared to 15.20% for the industry. Other than that, the company has, however, increased its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are -18.40% and 15.40% for the next quarter.

Revenue growth from the last financial year stood is estimated to be 227.80%.

5 analysts offering their estimates for the company have set an average revenue estimate of £11.8 billion for the current quarter.

5 have an estimated revenue figure of £11.49 billion for the next quarter concluding in Mar 2023. Year-ago sales stood £3.56 billion and £15.81 billion respectively for this quarter and the next, and analysts expect sales will grow by 231.00% for the current quarter and -27.30% for the next. If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 81.60% over the past 5 years.

Earnings growth for 2023 is a modest 20.20% while over the next 5 years, the company’s earnings are expected to increase by 15.98%.

AIG Dividends

American International Group Inc. is expected to release its next earnings report between May 01 and May 05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.28 at a share yield of 2.70%. The company’s dividend yield has gone up over the past 12 months.

American International Group Inc. (NYSE:AIG)’s Major holders

Insiders own 0.29% of the company shares, while shares held by institutions stand at 91.84% with a share float percentage of 92.11%.

Investors are also buoyed by the number of investors in a company, with American International Group Inc. having a total of 1,284 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 76.82 million shares worth more than £3.65 billion. As of Sep 29, 2022, Vanguard Group, Inc. (The) held 10.34% of shares outstanding.

The other major institutional holder is Blackrock Inc., with the holding of over 66.87 million shares as of Sep 29, 2022. The firm’s total holdings are worth over £3.17 billion and represent 9.00% of shares outstanding. Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Investment Company Of America.

As of Sep 29, 2022, the former fund manager holds about 3.05% shares in the company for having 22.66 million shares of worth £1.08 billion while later fund manager owns 20.48 million shares of worth £1.3 billion as of Dec 30, 2022, which makes it owner of about 2.76% of company’s outstanding stock.

Tags:

accent-clothing listed on couponmatrix.ukapproved-food listed on couponmatrix.ukgopuff listed on couponmatrix.ukiconic-lights listed on couponmatrix.ukloveholidays listed on couponmatrix.ukstairfurb listed on couponmatrix.uk
accent-clothing listed on couponmatrix.ukAccent Clothing is home to the world’s best designers, offering an impressive range of clothing, shoes and accessories for men and women. Whether you’re searching for a Vivienne Westwood handbag or UGG boots, Accent Clothing has everything you need under one roof. Get inspired by the ever-changing selection and use an Accent Clothing discount code from Groupon to reduce the cost further. By shopping savvy, you can introduce luxury brands into your wardrobe for even less than you thought.
approved-food listed on couponmatrix.ukIt’s more important than ever that we eat and buy food conscientiously so as not to produce unnecessary waste, and clearance food & drink supplier Approved Food is here to make that an easy process. The retailer sells surplus and short-dated stock collected from supermarkets, letting you save heaps on your weekly shop - with an Approved Food discount code these savings will be larger than you could ever imagine.
gopuff listed on couponmatrix.ukAvoid any more annoying trips to the supermarket and instead enjoy the free time that Gopuff provides. As a supply hub for all your favourite essentials – think fresh groceries to toiletries – Gopuff delivers all you need to restock your home without ever stepping out the front door. Be sure to bring along a Gopuff discount code to fill the gaps in your fridge for a fraction of the price, so you can enjoy extra cash in your bank balance as well as extra time in your day.
iconic-lights listed on couponmatrix.ukWant to upgrade your space? Lighting is the crucial finishing touch for any room, and when you shop with Iconic Lights, you’ll find stylish picks at affordable prices. Create warmth, highlight room accents and create zones in an open-plan living space with well-placed lamps and wall lights. With an Iconic Lights discount code from us, you can save big on a new addition to your home - shop the range and elevate your space today!
loveholidays listed on couponmatrix.ukLove Holidays are passionate about travel, and as one of fastest growing travel agents in the UK are encouraging people to share that passion by teaming up with Groupon to offer great holidays at discounted prices. Browse their site and piece together your ideal holiday by using their comprehensive search engine to pinpoint exactly what you’re looking for. Search by budget, star-rating and even temperature for when you’re planning to go away to ensure you book the exact type of break you need. Add a Love Holidays discount code and make a big saving on your next much-deserved break!
stairfurb listed on couponmatrix.ukStairfurb is an online retailer specializing in the sale of glass staircases and banisters. They offer a wide range of products to meet the needs of their customers, and they are committed to providing the best possible prices. In addition, Stairfurb offers a variety of discounts and coupon codes to help their customers save even more money. So if you're looking for a great deal on your next renovation, be sure to check out our Stairfurb discount codes to save money on your next purchase! At Groupon, we understand that everyone loves a great deal. That's why we work hard to find the best discounts and coupon codes for our customers. Good quality services and high quality products can be costly, that’s why when it comes to Stairfurb, we are always on the lookout for ways to help you save money. So be sure to check back often for the latest and greatest from Groupon and Stairfurb! If you're looking for a top-quality staircase or bannister at an unbeatable price, look no further than Stairfurb. They specialise in staircases and bannister and with a wide range from embedded oak to stainless steel, you are guaranteed to find the best style for your home. So what are you waiting for? Start your next project with a Stairfurb coupon code and save on your big project today, happy renovating!