Last Updated: 19 Sep 2024
Executive Summary
American International Group Inc. (AIG) is a global insurance and financial services company with a market capitalization of $47.2 billion. The company's fundamentals are strong, with a trailing P/E ratio of 13.96 and an EPS of $5.25. AIG's technical analysis indicates a bullish trend, with the stock price trading above its 50-day and 200-day moving averages. The short-term outlook for AIG is positive, with analysts expecting the stock to continue to rise. The long-term outlook for AIG is also positive, with the company expected to benefit from continued growth in the insurance and financial services industries.
Company Overview
AIG is a multinational finance and insurance corporation with operations in more than 80 countries. The company operates through three core businesses: General Insurance, Life & Retirement, and a standalone technology-enabled subsidiary. AIG's General Insurance business provides a range of property and casualty insurance products, including commercial lines, personal lines, and specialty lines. The Life & Retirement business offers a variety of life insurance, annuity, and retirement products. The company's technology-enabled subsidiary provides a range of insurance and financial services products and services through digital channels.
Fundamental Analysis
AIG's fundamentals are strong. The company has a trailing P/E ratio of 13.96, which is below the industry average. AIG's EPS is $5.25, which is above the industry average. The company's profit margin is -0.014%, which is below the industry average. However, AIG's operating margin is 0.142%, which is above the industry average. The company's return on assets is 0.009%, which is below the industry average. However, AIG's return on equity is 0.0873%, which is above the industry average.
Technical Analysis
AIG's technical analysis indicates a bullish trend. The stock price is trading above its 50-day and 200-day moving averages. The stock price is also trading above its Ichimoku cloud, which is a bullish indicator. The relative strength index (RSI) is above 50, which indicates that the stock is overbought. However, the RSI is not above 70, which indicates that the stock is not overbought.
Short Term Outlook
The short-term outlook for AIG is positive. Analysts expect the stock to continue to rise. The stock price is trading above its 50-day and 200-day moving averages, which is a bullish indicator. The stock price is also trading above its Ichimoku cloud, which is a bullish indicator. The RSI is above 50, which indicates that the stock is overbought. However, the RSI is not above 70, which indicates that the stock is not overbought.
Long Term Outlook
The long-term outlook for AIG is also positive. The company is expected to benefit from continued growth in the insurance and financial services industries. AIG is a well-established company with a strong track record of profitability. The company is also well-positioned to benefit from the growing demand for insurance and financial services products and services.
Analyst Recommendations
Analysts have a positive view of AIG. The consensus analyst rating for AIG is "Buy." The average analyst target price for AIG is $83.50, which is above the current stock price.
