Stock To Watch: American Equity Investment Life Holding Company (NYSE:AEL)

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The leading market experts have placed a mean price target of $20.33 on American Equity Investment Life Holding Company (NYSE:AEL) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.59 a share for the upcoming quarter and $2.05 for the current fiscal.

Technical View

The technical analysis of American Equity Investment Life plainly substantiates that the 50-day moving average of American Equity Investment Life is $15.61, and stock is trading $0.95 points away or +6.08% from its 50-day moving average of $15.61. Further it is trading $1.42 or +9.37% away its 200-day moving average of $15.14. American Equity Investment Life Holding Company (NYSE:AEL) 52-week high is $28.30 and the 52-week low is $12.65.

This explains if the stock moves $-11.74, it will post a 52-week high. In event of +30.91% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of American Equity Investment Life, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, American Equity Investment Life Holding Company (NYSE:AEL) ratio came in at 13.47.

The stock last ended the trading session at $16.56 and registered a market cap of $1.36B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. American Equity Investment Life Holding Company (NYSE:AEL) PEG ratio is at 0.80.

1 Chart Pattern Every Investor Should Know

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