American International Group Inc (NYSE: AIG): Do Not Miss The Gain Train

American International Group Inc (AIG) concluded trading on Wednesday at a closing price of $71.43, with 6.85 million shares of worth about $489.32 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.96% during that period and on January 08, 2025 the price saw a loss of about -1.60%. Currently the company’s common shares owned by public are about 630.29M shares, out of which, 621.87M shares are available for trading.

Stock saw a price change of -1.88% in past 5 days and over the past one month there was a price change of -5.47%. Year-to-date (YTD), AIG shares are showing a performance of -1.88% which increased to 4.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $66.06 but also hit the highest price of $80.83 during that period. The average intraday trading volume for American International Group Inc shares is 3.91 million. The stock is currently trading -1.36% below its 20-day simple moving average (SMA20), while that difference is down -4.18% for SMA50 and it goes to -5.21% lower than SMA200.

American International Group Inc (NYSE: AIG) currently have 630.29M outstanding shares and institutions hold larger chunk of about 93.10% of that.

The stock has a current market capitalization of $44.56B and its 3Y-monthly beta is at 1.07. PE ratio of stock for trailing 12 months is 19.50, while it has posted earnings per share of $3.66 in the same period. Its PEG reads 1.03 while making debt-to-equity ratio of 0.22. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AIG, volatility over the week remained 1.98% while standing at 1.86% over the month.

Stock’s fiscal year EPS is expected to drop by -25.12% while it is estimated to increase by 30.43% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on January 08, 2025 offering a Neutral rating for the stock and assigned a target price range of between $83 and $79 to it. Coverage by BMO Capital Markets stated American International Group Inc (AIG) stock as a Market perform in their note to investors on October 15, 2024, suggesting a price target of $84 for the stock. On October 10, 2024, JP Morgan Upgrade their recommendations, while on September 05, 2024, Barclays Initiated their ratings for the stock with a price target of $90. Stock get a Hold rating from HSBC Securities on May 15, 2024.

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