Is Athene Holding Ltd. (NYSE:ATH) Dependable Investment For Shareholders?

Athene Holding Ltd. (NYSE:ATH) closed the previous session at $44.07, up by 0.64 or 1.47% higher on its price over the last trading period. Shares of the company have traded -2.26% down in the last 5 days, with the price reaching as high as $45.09 since 11/04/19. The stock however has recovered +3.45% since hitting 5-day low of $42.60. The ATH stock is -2.26% lower than the $45.09 top value it marked over a period of month. Athene Holding Ltd. (NYSE:ATH) has a 52-week price range of $36.00- $47.77. The stock is 9.04% up year-to-date. Can ATH go on to record further gains or will the drop below $43.43 be witnessed again in coming days?

The total number of analysts who have rated ATH as a buy is 13, with just 0 of 15 recommending it as a Sell. 15 analysts of the 0 rated it as underweight; while 2 advised Hold and a further 0 say the stock is Overweight.

Lets us now look at some key statistics for the company and see what they tell us about its books. Athene Holding Ltd. has a market valuation of $7.54 billion, with its Enterprise Value at $2.27 billion. The enterprise value (EV) is -232.16% off Athene Holding Ltd.’s market cap. Shares traded in the last session stood at 2091453 while the average trading volume is 1.52 million. Insiders own 0.20% of the shares institutions own 96.40% as outstanding shares currently stand at 173.66 million. When we look at the 20-day simple moving average, ATH is 4.92%, while that moves to 6.92% over its 50-day SMA and the SMA200 is 4.41%.

When we look at the consensus estimate for ATH shares, we find that Wall Street analysts have given the average target price of $54.29. The earnings estimate for the current quarter is 1.70, lower than the 1.79 expected for the next quarter. The stock has earnings per share estimate ranging between a low of 1.60 and a high of 1.87, with the coefficient variance at 4.69. For this fiscal year, the estimate climbs to 15.00 versus the 15.00 expected for the next year. ATH has current-year EPS range between a low of 6.40 and a high of 7.13, with the coefficient variance at 4.02.

The stock’s trailing per-earning (P/E) is $4.34 while the forward P/E is $5.53. The company’s trailing 12-month price-to-sales ratio is 0.63. In terms of profitability, the company has a profit margin of 16.20% and a trailing 12-month (ttm) operating margin of 16.20%. ATH is one of the hottest stocks right now and that shows in its potential upside on returns with a 1.50% ROA for the last 12 months and a return on equity (ROE) of 19.60% over the same period.

For the fiscal quarter ending 12/30/2018, Athene Holding Ltd. had revenue of $1.3B. The earnings per share for the most recent quarter were 1.23. The EPS for the recent quarter beat consensus estimates by $0.03 per share after analysts had predicted $1.2. EPS posted in 2 out of the last 4 quarters have beaten analysts’ estimates.

The investor community is excited about the ATH stock, with the Barchart 56% Buy showing that the stock could be headed for a massive uptrend. The stock’s 1-month chart already shows that the stock is 16.03% up and 6.76% higher in the last 3 months. Its 12-month performance is showing the stock trending lower by -5.38%. There might be a slight pullback as $43.79 is the first resistance point and if crossed $44.16 should come in play as the second resistance level. ATH could see support around 43.11 and will later test the 42.80 support.