American International Group Inc (NYSE: AIG) has reported E.P.S. of $1.75 for its first fiscal quarter (ending March 31) versus $0.03 for the same period a year ago — an increase of 5733%. Relative to the consensus estimate of $1.88, this was a shortfall of $-0.13. For the latest four quarters through March 31, E.P.S. were $6.75 compared to $7.82 a year ago — a decline of -14%.
Recent Price Action
American International Group Inc (NYSE: AIG) stock rose modestly by 0.7% on 5/1/24. The stock closed at $75.81. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.2% during the last week.
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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. American International Group has a good Appreciation Score of 70 and a good Power Rating of 84, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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