Arthur J. Gallagher & Co. (NYSE: AJG)’s stock price has plunge by -0.14relation to previous closing price of 286.30. Nevertheless, the company has seen a 1.84% surge in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-02 that ROLLING MEADOWS, Ill. , Oct. 2, 2024 /PRNewswire/ — Arthur J.
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 55.65x, Company’s 36-month beta value is 0.72.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.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for AJG is 216.46M, and currently, short sellers hold a 1.31% ratio of that floaft. The average trading volume of AJG on October 03, 2024 was 776.06K shares.
AJG’s Market Performance
AJG’s stock has seen a 1.84% increase for the week, with a -2.91% drop in the past month and a 8.86% gain in the past quarter. The volatility ratio for the week is 1.31%, and the volatility levels for the past 30 days are at 1.69% for Arthur J. Gallagher & Co. The simple moving average for the last 20 days is -1.17% for AJG stock, with a simple moving average of 11.92% for the last 200 days.
Analysts’ Opinion of AJG
Many brokerage firms have already submitted their reports for AJG stocks, with Barclays repeating the rating for AJG by listing it as a “Equal Weight.” The predicted price for AJG in the upcoming period, according to Barclays is $300 based on the research report published on September 05, 2024 of the current year 2024.
Truist, on the other hand, stated in their research note that they expect to see AJG reach a price target of $255, previously predicting the price at $280. The rating they have provided for AJG stocks is “Hold” according to the report published on April 10th, 2024.
TD Cowen gave a rating of “Market Perform” to AJG, setting the target price at $249 in the report published on January 10th of the current year.
AJG Trading at -0.22% 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 -5.02% of loss for the given period.
Volatility was left at 1.69%, however, over the last 30 days, the volatility rate increased by 1.31%, as shares sank -3.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.64% upper at present.
During the last 5 trading sessions, AJG rose by +1.84%, which changed the moving average for the period of 200-days by +25.93% in comparison to the 20-day moving average, which settled at $288.71. In addition, Arthur J. Gallagher & Co. saw 27.14% 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 HOWELL DOUGLAS K, who sale 7,000 shares at the price of $284.68 back on Sep 19 ’24. After this action, HOWELL DOUGLAS K now owns 75,963 shares of Arthur J. Gallagher & Co., valued at $1,992,740 using the latest closing price.
HOWELL DOUGLAS K, the Officer of Arthur J. Gallagher & Co., proposed sale 7,000 shares at $284.68 during a trade that took place back on Sep 19 ’24, which means that HOWELL DOUGLAS K is holding shares at $1,992,740 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
- 0.79 for the gross margin
The net margin for Arthur J. Gallagher & Co. stands at 0.1. The total capital return value is set at 0.11. Equity return is now at value 10.38, with 1.94 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 0.3. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is 6.82.
Currently, EBITDA for the company is 2.56 billion with net debt to EBITDA at 2.47. When we switch over and look at the enterprise to sales, we see a ratio of 6.42. The receivables turnover for the company is 2.6for trailing twelve months and the total asset turnover is 0.17.
Conclusion
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.
