Aon plc. (NYSE: AON)’s stock price has decreased by -1.58 compared to its previous closing price of 316.00. However, the company has seen a -1.20% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-11 that AON collaborates with ReliaQuest to strengthen its foothold in the cyber risk management space.
Is It Worth Investing in Aon plc. (NYSE: AON) Right Now?
Aon plc. (NYSE: AON) has a price-to-earnings ratio that is above its average at 24.92x. The stock has a 36-month beta value of 0.86. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 3 as “overweight,” 11 as “hold,” and 2 as “sell.”
The public float for AON is 195.79M, and at present, short sellers hold a 0.95% of that float. On April 12, 2024, the average trading volume of AON was 996.38K shares.
AON’s Market Performance
The stock of Aon plc. (AON) has seen a -1.20% decrease in the past week, with a -2.99% drop in the past month, and a 3.91% gain in the past quarter. The volatility ratio for the week is 1.32%, and the volatility levels for the past 30 days are at 1.42% for AON. The simple moving average for the past 20 days is -4.00% for AON’s stock, with a -3.08% simple moving average for the past 200 days.
Analysts’ Opinion of AON
Many brokerage firms have already submitted their reports for AON stocks, with TD Cowen repeating the rating for AON by listing it as a “Outperform.” The predicted price for AON in the upcoming period, according to TD Cowen is $390 based on the research report published on January 10, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see AON reach a price target of $321, previously predicting the price at $351. The rating they have provided for AON stocks is “Overweight” according to the report published on January 08th, 2024.
Keefe Bruyette gave a rating of “Underperform” to AON, setting the target price at $328 in the report published on December 15th of the previous year.
AON Trading at -1.58% from the 50-Day Moving Average
After a stumble in the market that brought AON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.47% of loss for the given period.
Volatility was left at 1.42%, however, over the last 30 days, the volatility rate increased by 1.32%, as shares sank -2.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.08% upper at present.
During the last 5 trading sessions, AON fell by -1.20%, which changed the moving average for the period of 200-days by -5.87% in comparison to the 20-day moving average, which settled at $323.51. In addition, Aon plc. saw 6.87% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AON starting from Stevens Lisa, who sale 315 shares at the price of $316.31 back on Mar 06 ’24. After this action, Stevens Lisa now owns 9,723 shares of Aon plc., valued at $99,690 using the latest closing price.
Andersen Eric, the President of Aon plc., sale 5,500 shares at $313.74 during a trade that took place back on Mar 01 ’24, which means that Andersen Eric is holding 164,618 shares at $1,725,568 based on the most recent closing price.
Stock Fundamentals for AON
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.59 for the gross margin
The net margin for Aon plc. stands at 0.19. The total capital return value is set at 0.32. Equity return is now at value 714.29, with 7.69 for asset returns.
Based on Aon plc. (AON), the company’s capital structure generated 1.08 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at -13.78. The interest coverage ratio of the stock is 8.1.
Currently, EBITDA for the company is 4.4 billion with net debt to EBITDA at 2.75. When we switch over and look at the enterprise to sales, we see a ratio of 5.45. The receivables turnover for the company is 4.07for trailing twelve months and the total asset turnover is 0.39.
Conclusion
To sum up, Aon plc. (AON) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
