Aon plc (AON) Shares Soar Above 1-Year High

Aon plc (NYSE: AON)’s stock price has gone rise by 1.52 in comparison to its previous close of 353.75, however, the company has experienced a -0.57% decrease in its stock price over the last five trading days. prnewswire.com reported 2024-12-19 that BLOOMFIELD HILLS, Mich., Dec. 19, 2024 /PRNewswire/ — Woodward Park Partners is pleased to announce that its client, Benefits Partner, LLC dba Salus Group (“Salus Group”), has been acquired by NFP, a wholly owned subsidiary of Aon (NYSE: AON).

Is It Worth Investing in Aon plc (NYSE: AON) Right Now?

Aon plc (NYSE: AON) has a higher price-to-earnings ratio of 30.32x compared to its average ratio. AON has 36-month beta value of 0.93. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 4 as “overweight,” 11 as “hold,” and 0 as “sell.”

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The public float for AON is 209.48M, and currently, short sellers hold a 2.29% ratio of that float. The average trading volume of AON on December 20, 2024 was 1.03M shares.

AON’s Market Performance

The stock of Aon plc (AON) has seen a -0.57% decrease in the past week, with a -5.51% drop in the past month, and a 3.04% 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 1.47% for AON. The simple moving average for the past 20 days is -3.79% for AON’s stock, with a 9.15% simple moving average for the past 200 days.

Analysts’ Opinion of AON

Many brokerage firms have already submitted their reports for AON stocks, with Wells Fargo repeating the rating for AON by listing it as a “Equal Weight.” The predicted price for AON in the upcoming period, according to Wells Fargo is $377 based on the research report published on October 28, 2024 of the current year 2024.

Barclays, on the other hand, stated in their research note that they expect to see AON reach a price target of $394. The rating they have provided for AON stocks is “Overweight” according to the report published on September 05th, 2024.

Keefe Bruyette gave a rating of “Outperform” to AON, setting the target price at $380 in the report published on July 30th of the current year.

AON Trading at -3.31% 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 -9.16% of loss for the given period.

Volatility was left at 1.47%, however, over the last 30 days, the volatility rate increased by 1.32%, as shares sank -6.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.03% upper at present.

During the last 5 trading sessions, AON fell by -1.07%, which changed the moving average for the period of 200-days by +12.83% in comparison to the 20-day moving average, which settled at $373.20. In addition, Aon plc saw 23.40% 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 Simon Mindy F., who sale 650 shares at the price of $394.34 back on Nov 27 ’24. After this action, Simon Mindy F. now owns 1,816 shares of Aon plc, valued at $256,321 using the latest closing price.

Stevens Lisa, the Chief Administrative Officer of Aon plc, sale 1,275 shares at $387.68 during a trade that took place back on Nov 26 ’24, which means that Stevens Lisa is holding 8,077 shares at $494,295 based on the most recent closing price.

Stock Fundamentals for AON

Current profitability levels for the company are sitting at:

  • 0.27 for the present operating margin
  • 0.8 for the gross margin

The net margin for Aon plc stands at 0.16. The total capital return value is set at 0.14. Equity return is now at value 86.11, with 5.87 for asset returns.

Based on Aon plc (AON), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 2.74. The interest coverage ratio of the stock is 5.64.

Currently, EBITDA for the company is 3.79 billion with net debt to EBITDA at 3.49. When we switch over and look at the enterprise to sales, we see a ratio of 6.3. The receivables turnover for the company is 1.09for trailing twelve months and the total asset turnover is 0.3.

Conclusion

To put it simply, Aon plc (AON) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.

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