The price-to-earnings ratio for Arthur J. Gallagher & Co. (NYSE: AJG) is 55.56x, which is above its average ratio. Moreover, the 36-month beta value for AJG is 0.73. Analysts have varying 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 216.03M and currently, short sellers hold a 1.55% of that float. On July 25, 2024, AJG’s average trading volume was 810.84K shares.
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AJG) stock’s latest price update
Arthur J. Gallagher & Co. (NYSE: AJG)’s stock price has soared by 0.40 in relation to previous closing price of 273.22. Nevertheless, the company has seen a gain of 0.91% in its stock price over the last five trading days. prnewswire.com reported 2024-07-24 that ROLLING MEADOWS, Ill., July 24, 2024 /PRNewswire/ — Arthur J.
AJG’s Market Performance
AJG’s stock has risen by 0.91% in the past week, with a monthly rise of 3.44% and a quarterly rise of 15.32%. The volatility ratio for the week is 1.34% while the volatility levels for the last 30 days are 1.65% for Arthur J. Gallagher & Co.. The simple moving average for the past 20 days is 3.23% for AJG’s stock, with a 12.39% simple moving average for the past 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 5.71% 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 -0.75% of loss for the given period.
Volatility was left at 1.65%, however, over the last 30 days, the volatility rate increased by 1.34%, as shares surge +5.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.37% upper at present.
During the last 5 trading sessions, AJG rose by +0.91%, which changed the moving average for the period of 200-days by +19.50% in comparison to the 20-day moving average, which settled at $266.45. In addition, Arthur J. Gallagher & Co. saw 21.99% 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 Hudson Scott R, who sale 10,000 shares at the price of $263.45 back on Jun 18 ’24. After this action, Hudson Scott R now owns 93,730 shares of Arthur J. Gallagher & Co., valued at $2,634,530 using the latest closing price.
Bay Walter D., the General Counsel of Arthur J. Gallagher & Co., sale 8,303 shares at $262.74 during a trade that took place back on Jun 18 ’24, which means that Bay Walter D. is holding 36,388 shares at $2,181,547 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
- 0.67 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 10.34, with 2.06 for asset returns.
Based on Arthur J. Gallagher & Co. (AJG), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 6.91.
Currently, EBITDA for the company is 2.56 billion with net debt to EBITDA at 2.46. When we switch over and look at the enterprise to sales, we see a ratio of 6.31. The receivables turnover for the company is 2.55for trailing twelve months and the total asset turnover is 0.17.
Conclusion
To wrap up, the performance of Arthur J. Gallagher & Co. (AJG) has been better in recent times. The stock has received a mixed of “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.
