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Here's Why American International Group (AIG) is a Strong Value Stock

Zacks Equity Research
·2 min read

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

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American International Group (AIG)

American International Group is a leading global insurance organization. Building on its long history, it provides a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions.

AIG is a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of B. Shares are currently trading at a forward P/E of 10.7X for the current fiscal year compared to the Insurance - Multi line industry's P/E of 9.1X. Additionally, AIG has a PEG Ratio of 2.1 and a Price/Cash Flow ratio of 5.6X. Value investors should also note AIG's Price/Sales ratio of 1X.

A company's earnings performance is important for value investors as well. For fiscal 2024, four analysts revised their earnings estimate higher in the last 60 days for AIG, while the Zacks Consensus Estimate has increased $0.07 to $7.02 per share. AIG also holds an average earnings surprise of 9.2%.

AIG should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.

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American International Group, Inc. (AIG): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research