- The revenue growth came in higher than the industry average of 7.4%. Since the same quarter one year prior, revenues rose by 30.8%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- Compared to its closing price of one year ago, AEG's share price has jumped by 36.25%, exceeding the performance of the broader market during that same time frame. Looking ahead, the stock's sharp rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.
- AEGON NV's earnings per share declined by 50.0% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past year. However, we anticipate this trend reversing over the coming year. During the past fiscal year, AEGON NV reported lower earnings of $0.43 versus $0.89 in the prior year. This year, the market expects an improvement in earnings ($0.75 versus $0.43).
- Despite currently having a low debt-to-equity ratio of 0.58, it is higher than that of the industry average, inferring that management of debt levels may need to be evaluated further.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Insurance industry and the overall market on the basis of return on equity, AEGON NV underperformed against that of the industry average and is significantly less than that of the S&P 500.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Financial sector as a whole closed the day down 0.7% versus the S&P 500, which was down 0.5%. Laggards within the Financial sector included Federal Agricultural Mortgage ( AGM.A), down 5.2%, Rand Capital ( RAND), down 2.3%, First Capital Bancorp ( FCVA), down 2.1%, Fauquier Bankshares ( FBSS), down 3.3% and HMG/Courtland Properties ( HMG), down 3.3%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today: Aegon ( AEG) is one of the companies that pushed the Financial sector lower today. Aegon was down $0.20 (2.2%) to $8.70 on average volume. Throughout the day, 1,310,642 shares of Aegon exchanged hands as compared to its average daily volume of 1,165,100 shares. The stock ranged in price between $8.70-$8.88 after having opened the day at $8.86 as compared to the previous trading day's close of $8.90. Aegon N.V. provides life insurance, pension, and asset management products and services. Aegon has a market cap of $22.3 billion and is part of the insurance industry. Shares are down 6.1% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Aegon a buy, no analysts rate it a sell, and none rate it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Aegon as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Highlights from TheStreet Ratings analysis on AEG go as follows: