The stock of Arthur J. Gallagher & Co. (AJG) has seen a 0.35% increase in the past week, with a 3.39% gain in the past month, and a 10.32% flourish in the past quarter. The volatility ratio for the week is 1.30%, and the volatility levels for the past 30 days are at 1.42% for AJG. The simple moving average for the past 20 days is 1.94% for AJG’s stock, with a 13.47% simple moving average for the past 200 days.
Is It Worth Investing in Arthur J. Gallagher & Co. (NYSE: AJG) Right Now?
The price-to-earnings ratio for Arthur J. Gallagher & Co. (NYSE: AJG) is above average at 45.12x, while the 36-month beta value is 0.70.Analysts have differing opinions on the stock, with 14 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Arthur J. Gallagher & Co. (AJG) is $236.67, which is $3.91 above the current market price. The public float for AJG is 213.51M, and currently, short sellers hold a 1.14% ratio of that floaft. The average trading volume of AJG on September 15, 2023 was 752.28K shares.
AJG) stock’s latest price update
Arthur J. Gallagher & Co. (NYSE: AJG) has experienced a rise in its stock price by 1.07 compared to its previous closing price of 229.00. However, the company has seen a gain of 0.35% in its stock price over the last five trading days. Zacks Investment Research reported 2023-09-13 that The addition of Frontier Financial and Morgan, Trevathan & Gunn to Arthur J. Gallagher’s (AJG) portfolio is likely to enhance its existing opportunities in the consulting and trucking insurance space.
Analysts’ Opinion of AJG
Many brokerage firms have already submitted their reports for AJG stocks, with BMO Capital Markets repeating the rating for AJG by listing it as a “Outperform.” The predicted price for AJG in the upcoming period, according to BMO Capital Markets is $211 based on the research report published on January 20, 2023 of the current year 2023.
AJG Trading at 4.26% from the 50-Day Moving Average
After a stumble in the market that brought AJG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.41% of loss for the given period.
Volatility was left at 1.42%, however, over the last 30 days, the volatility rate increased by 1.30%, as shares surge +2.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.18% upper at present.
During the last 5 trading sessions, AJG rose by +0.35%, which changed the moving average for the period of 200-days by +16.14% in comparison to the 20-day moving average, which settled at $227.35. In addition, Arthur J. Gallagher & Co. saw 22.76% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at AJG starting from HOWELL DOUGLAS K, who sale 4,588 shares at the price of $228.92 back on Aug 28. After this action, HOWELL DOUGLAS K now owns 127,942 shares of Arthur J. Gallagher & Co., valued at $1,050,285 using the latest closing price.
HOWELL DOUGLAS K, the VP & Chief Financial Officer of Arthur J. Gallagher & Co., sale 31,841 shares at $226.42 during a trade that took place back on Aug 25, which means that HOWELL DOUGLAS K is holding 132,530 shares at $7,209,392 based on the most recent closing price.
Stock Fundamentals for AJG
Current profitability levels for the company are sitting at:
- +19.67 for the present operating margin
- +92.59 for the gross margin
The net margin for Arthur J. Gallagher & Co. stands at +13.26. The total capital return value is set at 10.69, while invested capital returns managed to touch 7.52. Equity return is now at value 11.70, with 2.50 for asset returns.
Based on Arthur J. Gallagher & Co. (AJG), the company’s capital structure generated 71.06 points at debt to equity in total, while total debt to capital is 41.54. Total debt to assets is 16.70, with long-term debt to equity ratio resting at 64.12. Finally, the long-term debt to capital ratio is 37.49.
When we switch over and look at the enterprise to sales, we see a ratio of 5.55, with the company’s debt to enterprise value settled at 0.15. The receivables turnover for the company is 0.55 and the total asset turnover is 0.23.
In a nutshell, Arthur J. Gallagher & Co. (AJG) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.