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:

cancer-research listed on couponmatrix.ukid-mobile listed on couponmatrix.uknasty-gal listed on couponmatrix.ukpong-cheese listed on couponmatrix.ukprotein-world listed on couponmatrix.ukuniqlo listed on couponmatrix.uk
cancer-research listed on couponmatrix.ukCancer Research is a world-renowned cancer charity that has been at the forefront of cancer research for over 100 years. Cancer Research is committed to saving lives through pioneering research and they are one of the leading charities in the fight against cancer. You can help support their work by using a Cancer Research discount code when you make a purchase from their website. With every purchase, you'll be contributing to life-saving research and helping to bring us one step closer to a cure for cancer. At Groupon, we want to help you save money whilst supporting your favourite charities, including Cancer Research. That's why we work hard to find the best deals for our customers, so they can enjoy products they love whilst being an ambassador for a great cause. We know that cancer research is important to you, and we want to help you support their work by providing you with the best deals possible, so opt to shop, save and support with Groupon! If you're looking for an easy way to fly the flag for Cancer Research, we highly recommend using a Cancer Research voucher code to knock the cost of a sponsored product in their shop. This voucher code provides you with a discount on anything from clothing to furniture whilst further contributing to the cause of cancer prevention. Every penny spent goes towards forwarding the fight with cancer, so get spending and saving with the latest money-saving offers from Groupon.
id-mobile listed on couponmatrix.ukThose looking for flexibility, quality phones and low-cost commitments need look no further than iD Mobile – one of few companies to hold the prestigious status of Which? Recommended Mobile Provider. Take advantage of the latest iD Mobile discount code to land the deal of the year on your package of choice – with perks including anything from data rollover to getting phone use in over 50 countries worldwide. Top it off with top-notch customer service, innovative new phone features and regular offers and it’s clear to see why so many out their trust in iD Mobile.
nasty-gal listed on couponmatrix.ukCalling all fashionistas - Nasty Gal is your go-to for fresh wardrobe picks. Nasty Gal began as a vintage clothing eBay account in a tiny San Francisco apartment, and quickly became one of the hottest fashion brands on the planet. Make the most of a Nasty Gal promo code to save on an effortlessly cool ‘fit. Stocking everything from grungy denim to head-turning party dresses, Nasty Gal is all about fearless fashion that doesn’t take itself too seriously.
pong-cheese listed on couponmatrix.ukGive some TLC to tastebuds with a Pong Cheese discount code, providing purse-friendly rates on some of the funkiest, whiffiest and most revered fromage from independent producers in the UK and beyond. Whether it's a funky French cheese to pair with a baguette on a picnic, a crumbly and multi-layered hard cheese for an after-dinner snack, or a tangy blue cheese to give some pizazz to a pasta sauce, all can be found on the online store with a Pong Cheese voucher.
protein-world listed on couponmatrix.ukProtein World offers high quality supplements for weight loss, keeping toned and bulking muscle. Choose from meal replacement shakes, high protein, low sugar and fat cake mixes and snacks and a range of supplements to help provide your body with additional nutrition including Omega 3, CLA, natural seeds and berry mixes. Add a Protein World discount code and you’ll be getting the best prices on everything you need for helping your body with weight loss, muscle toning or muscle building.
uniqlo listed on couponmatrix.ukDiscover effortless style at UNIQLO, your one-stop-shop for affordable, good quality wardrobe essentials. We’ve tracked down the best offers, sales and exclusive UNIQLO discount codes to help you save on your next haul! Investing in the basics is key to making your money go further—discover understated, timeless picks for less with great multibuy deals, seasonal sales and money-off vouchers.