A significant driver of top-line growth: Aegon N.V. (AEG)

Aegon N.V. (NYSE: AEG) stock fell -2.60% on Friday to $4.50 against a previous-day closing price of $4.62. With 2.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.25 million shares. During the session, the Insurance – Diversified company that operates in wider Financial sector, reached to the highest price of $4.6350 whereas the lowest price it dropped to was $4.4900. 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 $5.79. With its current market cap of 9.48 billion, AEG has annualized dividend of $0.21 while the current yield stands at 4.58%. Beta for the stock currently stands at 1.13.

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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 down-trending over the past week, with a drop of -2.39%, but this was down by -2.39% over a month. Three-month performance dropped to -2.17% while six-month performance fell -10.71%. The stock lost -3.64% in the past year, while it has lost -8.91% so far this year. A look at the trailing 12-month EPS for AEG yields 0.20 with Next year EPS estimates of 0.68. For the next quarter, that number is 0.16. This implies an EPS growth rate of -45.10% for this year and 136.59% 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, 2.03 billion AEG shares are outstanding with a float of 1.77 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 5.89% of AEG, in contrast to 3.72% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in AEG with 6.05% of the stake, Dodge & Cox holds 127,736,992 shares worth 127,736,992. A second-largest stockholder of AEG, Wellington Management Co. LLP, holds 21,690,082 shares, controlling over 1.03% 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 4.44% 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 39.95 million. Hartford Capital Appreciation Fun holds 0.31% of the stake in AEG, owning 6,470,006 shares worth 29.05 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AEG since 15 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 6 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 $6.62 and a low target of $3.10, the average target price over the next 12 months is $5.37. Based on these targets, AEG could surge 47.11% to reach the target high and fall by -31.11% to reach the target low. Reaching the average price target will result in a growth of 19.33% 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 $0.47 being high and $0.30 being low. For AEG, this leads to a yearly average estimate of $0.39. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Aegon N.V. surprised analysts by -$0.12 when it reported -$0.18 EPS against a consensus estimate of -$0.06. The surprise factor in the prior quarter was -$0.21. Based on analyst estimates, the high estimate for the next quarter is $0.21 and the low estimate is $0.16. The average estimate for the next quarter is thus $0.18.

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