[NYSE: AEL]: On March 15th, 2019, American Equity Investment Life Holding Company (NYSE:AEL) opened trading at $29.72 and closed at $30.30 a share. This is a 1.78% increase from the previous day’s close of $29.77.
883,516 shares of American Equity Investment Life Holding Company (NYSE:AEL) were bought and sold in between the start and closing of previous market session. Average trading volumes during the previous three months session stood at 494.54K shares. The stock price volatility for the previous week at the close of regular trading was 2.00%, pushing the figure for the whole month to now reaching 2.28%. Stock’s Price slid down to $30.4 in intra-day trade at one point and has rebounded to hit the heights at $29.66 during the last 52 weeks’ time.Technical Analysis basically demonstrate trends and patterns that can signpost future price movements
American Equity Investment Life Holding Company (NYSE:AEL) is -1.49% away from its 50-day simple moving average. The organization’s diluted EPS stands at 5.01. This EPS is backed by the company’s return on equity of 18.60%. If we go through the VALUATION RATIOS, American Equity Investment Life Holding Company’s P/E Ratio (TTM) is recorded 13.93 that is in contrast with the overall industry ratio of 13.72
Meanwhile, since last 5 working days American Equity Investment Life Holding Company (NYSE:AEL) price performance +1.13% dropped with stock price decreasing $0.34. During the period the highest point came on March 12th, 2019 when the stock price was $30.43, while it fell down to $29.63 on March 14th, 2019. Similarly, if we look back on price performance of past 6 months, The Company has decreased its value -16.46%. The stock hit the peak on September 21st, 2018, when the price was noted $36.94 and the lowest price during the period was $25.27 on December 26th, 2018.
If we examine the performance of the American Equity Investment Life Holding Company (NYSE:AEL) in the previous two weeks, Relative strength of the stock was 44.06 in contrast with the overall market. The historic volatility was noted 20.82%, whereas its MACD Oscillator came down to -0.80, which shows the bearish signal. During the last fortnight stock’s ATR remained at 0.73.Fundament Analysis usually emphasize on indicators in a firm’s financial statements to conclude if the stock prizes are appropriately valued
By glancing through the Company’s Growth Rates, Sales of the Enterprise in the most recent quarter against the quarter in year ago period was 49.06%, which is in fact lesser the overall industry Rate of 8.48%. It’s Sales trailing twelve months (earlier 12 successive months used for reporting financial figures) against the sales trailing twelve month is 83.33% versus 13.34% posted by the whole industry. So the stocks Growth rate is healthier than the overall Industry’s growth rate.
The sentiment around American Equity Investment Life Holding Company (NYSE:AEL) can also be attributed to possibility that it could top analyst predictions. In the last quarter, AEL had an EPS of 5.01. This is in contrast with the Analysts outlook of 0.99 that was a difference of 0.09 and the surprise factor of 9.98%. If it beats this forecast, then positive sentiment will get even higher, and drive demand. Looking ahead, upcoming quarterly predictions for the EPS is 5.01 and for the full year analysts have given the outlook of 1.87 in Earnings per Share.
For this, let’s take a glance at what Market Analysts have to say about the stock. American Equity Investment Life Holding Company (NYSE:AEL) at this time has received an Agreement rating of anOverweight from the panel of analysts. If we break down the complete analysis, 11 different Analysts have given out their observation on the Company’s stock. 3 of them believe that AEL is a Buy. 1 of them recommends it as an Overweight, 7 believes it is worth holding. 0 number of analyst have recommended the Stakeholder that the stock is Underweight and 0 rated it as Sell. In the meantime, 3 months before, Consensus of 11 different analysts rated the stock as Overweight. With 3 went for Buy, 1 gave the rating of Overweight 7 analysts advised to hold the stock. 0 Analysts have called it Underweight and 0 of them rated the stock as a Sell.
Going by the above analyst recommendations, American Equity Investment Life Holding Company (NYSE:AEL) has the overall rating of Moderate Buy, that suggest the stock has a good chance of increasing its price as Analysts think the current price should be more than what actual price of the stock is, so it is a good investment.