The price-to-earnings ratio for Arthur J. Gallagher & Co. (NYSE: AJG) is above average at 52.72x, Company’s 36-month beta value is 0.70.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 8 as “hold,” and 1 as “sell.”
The public float for AJG is 214.04M, and currently, short sellers hold a 0.93% ratio of that floaft. The average trading volume of AJG on April 19, 2024 was 871.26K shares.
AJG) stock’s latest price update
The stock price of Arthur J. Gallagher & Co. (NYSE: AJG) has surged by 1.51 when compared to previous closing price of 230.52, but the company has seen a -1.76% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-16 that Arthur J. Gallagher (AJG) is poised to gain from the solid performance of its Brokerage and Risk Management segments, strategic buyouts and optimistic growth projections.
AJG’s Market Performance
AJG’s stock has fallen by -1.76% in the past week, with a monthly drop of -7.83% and a quarterly drop of -1.25%. The volatility ratio for the week is 1.55% while the volatility levels for the last 30 days are 1.50% for Arthur J. Gallagher & Co. The simple moving average for the last 20 days is -3.70% for AJG stock, with a simple moving average of -0.01% for the last 200 days.
Analysts’ Opinion of AJG
Many brokerage firms have already submitted their reports for AJG stocks, with Truist repeating the rating for AJG by listing it as a “Hold.” The predicted price for AJG in the upcoming period, according to Truist is $255 based on the research report published on April 10, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see AJG reach a price target of $249. The rating they have provided for AJG stocks is “Market Perform” according to the report published on January 10th, 2024.
Jefferies gave a rating of “Hold” to AJG, setting the target price at $233 in the report published on January 09th of the current year.
AJG Trading at -4.14% 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 -8.63% of loss for the given period.
Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.55%, as shares sank -8.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.03% lower at present.
During the last 5 trading sessions, AJG fell by -1.76%, which changed the moving average for the period of 200-days by +8.24% in comparison to the 20-day moving average, which settled at $241.89. In addition, Arthur J. Gallagher & Co. saw 4.05% 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 AJG starting from Cavaness Joel D, who sale 1,207 shares at the price of $255.20 back on Mar 18 ’24. After this action, Cavaness Joel D now owns 2,023 shares of Arthur J. Gallagher & Co., valued at $308,026 using the latest closing price.
Hudson Scott R, the Vice President of Arthur J. Gallagher & Co., sale 15,458 shares at $254.28 during a trade that took place back on Mar 13 ’24, which means that Hudson Scott R is holding 96,709 shares at $3,930,660 based on the most recent closing price.
Stock Fundamentals for AJG
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.53 for the gross margin
The net margin for Arthur J. Gallagher & Co. stands at 0.1. The total capital return value is set at 0.1. Equity return is now at value 9.73, with 2.14 for asset returns.
Based on Arthur J. Gallagher & Co. (AJG), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 0.77. The interest coverage ratio of the stock is 5.59.
Currently, EBITDA for the company is 2.56 billion with net debt to EBITDA at 2.77. When we switch over and look at the enterprise to sales, we see a ratio of 5.76. The receivables turnover for the company is 2.66for trailing twelve months and the total asset turnover is 0.2.
Conclusion
In a nutshell, Arthur J. Gallagher & Co. (AJG) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
