A better buy-in window may exist right now for Aegon N.V. (AEG)

Aegon N.V. (NYSE: AEG) stock jumped 8.41% on Friday to $5.03 against a previous-day closing price of $4.64. With 4.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.62 million shares. During the session, the Insurance – Diversified company that operates in wider Financial sector, reached to the highest price of $5.11 whereas the lowest price it dropped to was $5.01. The 52-week range on AEG shows that it touched its highest point at $6.22 and its lowest point at $3.89 during that stretch. It currently has a 1-year price target of $5.52. With its current market cap of 10.48 billion, AEG has annualized dividend of $0.20 while the current yield stands at 3.90%. Beta for the stock currently stands at 1.17.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AEG was up-trending over the past week, with a rise of 18.63%, but this was up by 23.59% over a month. Three-month performance surged to 1.82% while six-month performance fell -11.75%. The stock gained 10.31% in the past year, while it has gained 1.82% so far this year. A look at the trailing 12-month EPS for AEG yields 0.81 with Next year EPS estimates of 0.74. For the next quarter, that number is -0.11. This implies an EPS growth rate of 35.30% for this year and -5.37% for next year. EPS is expected to grow by 38.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 29.00%.

Float and Shares Shorts:

At present, 2.04 billion AEG shares are outstanding with a float of 1.79 billion shares on hand for trading. On Jul 14, 2022, short shares totaled 3.38 million, which was 0.17% higher than short shares on Jun 14, 2022. In addition to Mr. E. Friese as the firm’s CEO & Chairman of Management Board, Mr. Matthew James Rider serves as its CFO & Member of Exec. Board.

Institutional Ownership:

Through their ownership of 9.89% of AEG’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 5.91% of AEG, in contrast to 3.71% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in AEG with 6.01% of the stake, Dodge & Cox holds 126,630,712 shares worth 126,630,712. A second-largest stockholder of AEG, Wellington Management Co. LLP, holds 22,147,428 shares, controlling over 1.05% of the firm’s shares. Private Management Group, Inc. is the third largest shareholder in AEG, holding 5,340,087 shares or 0.25% stake. With a 4.46% stake in AEG, the Dodge & Cox Stock Fund is the largest stakeholder. A total of 93,853,842 shares are owned by the mutual fund manager. The Dodge & Cox Balanced Fund, which owns about 0.42% of AEG stock, is the second-largest Mutual Fund holder. It holds 8,897,557 shares valued at 38.97 million. Hartford Capital Appreciation Fun holds 0.30% of the stake in AEG, owning 6,325,213 shares worth 27.7 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AEG since 16 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 2 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AEG analysts setting a high price target of $6.73 and a low target of $3.11, the average target price over the next 12 months is $5.39. Based on these targets, AEG could surge 33.8% to reach the target high and fall by -38.17% to reach the target low. Reaching the average price target will result in a growth of 7.16% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. AEG will report FY 2022 earnings on 02/16/2023. Analysts have provided yearly estimates in a range of $0.97 being high and $0.28 being low. For AEG, this leads to a yearly average estimate of $0.56. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Aegon N.V. surprised analysts by -$0.21 when it reported $0.20 EPS against a consensus estimate of $0.41. The surprise factor in the prior quarter was $0.05. Based on analyst estimates, the high estimate for the next quarter is -$0.10 and the low estimate is -$0.10. The average estimate for the next quarter is thus -$0.10.

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