American International Group, Inc. (NYSE:AIG) stock is currently pricing at roughly $61.53. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. From a summary standpoint, we track the median one-year price target among 14 analysts covering the company at $69.50. That suggests shares of the stock may have another 11 percent to the upside left to run. Of those analysts we surveyed, the highest price target on recordsits at $75.00, which would imply another 78 percent in upside potential. If we look for a little more qualitative data on the range of expectations, we find in analyst notes that the stock has 8 “Buy” ratings in place. At the same time, 4 rate the stock a “strong buy”, suggesting more conviction in the story. As for the doubters, 6 equity research analyst firms call this stock a “Hold” and 0 consider it bad enough to warrant a “Sell” rating.
Analysts at Credit Suisse took a look at AIG shares in a research note released on Jan 06, 2017, and issued a Outperform rating to this company. Credit Suisse analysts provided their own take on company recently as well. In a research note published on Oct 07, 2016,the house assigned a Neutral rating to this stock. According to a piece that hit the wires on May 17, 2016, researchers at Wells Fargo reconsidered their prior rating on the stock, and upped it from Market Perform Perform to Outperform.
American International Group, Inc. (AIG) Cap Table Analysis
Breaking down the capitalization table is our next goal. From a bird’s eye view, Executives hold 1.72 percent of the stock.
If we take a more granular look, Maurice R. Greenberg is one of the largest owners in company capital stock among insiders. According to U.S. Securities and Exchange Commission (SEC) filings, this investor owns 12,888,666 shares, representing a total current market value of roughly $793039618.98. David L. Herzog is another major player among company insiders, currently holding 777,209 shares as of less than 0.1%, carrying a current market value of $47821669.77. Mr. Thomas R. Tizzio is currently ranked as the number three insider in terms of representation on the cap table for the stock, holding 666,153 shares, valued at around $40988394.09 as of recent close.
We noted a few insider transactions for the stock recently as well.
In a transaction on 2017-02-27, the company’s Executive Vice President FASANO PHILIP sold 6,000 company shares for 381540. That means, once accounting for this transaction, the Executive Vice President is left with a stake of 6,544 shares, carrying a current total market value of $402652. In addition, by means of a transaction dated 2016-12-09, Executive Vice President Hogan Kevin T. sold 249 shares worth $16380. After that transaction, this investor is left with a total holding of 16,227 shares, representing a total investment value of $998447.31. We also noted a 2015-05-05 transaction in which AIG Director Fisher Peter R. purchased 4,280 shares at a stock price of $57.99, carrying a total value of $248200, after which, this insider’s investment stands at 9,000 shares, with an overall financial value of $553770.
American International Group, Inc. (NYSE:AIG) Earnings View
In the company’s last quarter, AIG EPS moved to $-2.72 from $1.23 compared sequentially with the prior quarter. Revenues for the company came in at $14.29BM. This stacks up against $13.6BM, on a sequential basis.
How does this compare with bottom and top-line expectations? Well, according to what we could find, analysts had been looking for the company to post net income of about $1.18 per share on $12.87BM in revenue. That sets up an interesting next quarter report card. We would note that analysts seem to be projecting earnings, on average, for this quarter in the range of $1.10 to $1.30. On a year-over-year basis, that compares with an EPS comp of $0.65.