For its third fiscal quarter (ending September 30), American International Group Inc (NYSE: AIG) has reported a -23% decline in E.P.S. from $0.97 a year ago to $0.75 in the current quarter. E.P.S. were $3.84 for the latest four quarters through September 30 versus $3.29 for the same period a year ago — an increase of 17%.
Recent Price Action
On 11/4/24, American International Group Inc (NYSE: AIG) stock rose modestly by 0.8%, closing at $76.33. Moreover, trading volume in this advance was above average at 120% of normal. The stock has declined -0.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
AIG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
American International Group has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. American International Group has a good Appreciation Score of 72 but a neutral Power Rating of 48, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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