Arthur J. Gallagher & Co. [AJG] stock prices are up 0.41% to $252.71 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AJG shares have gain 4.20% over the last week, with a monthly amount glided 6.62%, and seem to be holding up well over a long-time horizon.
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On 7, March 2024, Arthur J. Gallagher & Co. To Host Regularly Scheduled Quarterly Investor Meeting With Management. In a post published today on Yahoo Finance, Arthur J. Gallagher & Co. (NYSE: AJG) will be hosting its regularly scheduled quarterly management meeting on Thursday, March 21, from 8:00 a.m. until approximately 10:30 a.m. CT. This quarter’s meeting will take place virtually via conference call. During the call, the company’s operating and financial leaders will present background information and commentary on the company’s business operations and financial outlook, and will take questions from the investment community.
From an analyst’s perspective:
Arthur J. Gallagher & Co. [NYSE: AJG] stock has seen the most recent analyst activity on January 10, 2024, when TD Cowen initiated its Market Perform rating and assigned the stock a price target of $249. Previously, Jefferies downgraded its rating to Hold on January 09, 2024, and dropped its price target to $233. On December 15, 2023, downgrade downgraded it’s rating to Underperform and revised its price target to $230 on the stock. Raymond James downgraded its rating to a Mkt Perform. Deutsche Bank initiated its recommendation with a Buy and recommended $277 as its price target on October 05, 2023. BMO Capital Markets started tracking with a Outperform rating for this stock on January 20, 2023, and assigned it a price target of $211. In a note dated January 18, 2023, Keefe Bruyette downgraded an Mkt Perform rating on this stock but restated the target price of $210.
The stock price of Arthur J. Gallagher & Co. [AJG] has been fluctuating between $174.45 and $254.00 over the past year. Currently, Wall Street analysts expect the stock to reach $195.78 within the next 12 months. Arthur J. Gallagher & Co. [NYSE: AJG] shares were valued at $252.71 at the most recent close of the market. An investor can expect a potential drop of -22.53% based on the average AJG price forecast.
Analyzing the AJG fundamentals
The Arthur J. Gallagher & Co. [NYSE:AJG] reported sales of 9.93B for trailing twelve months, representing a surge of 18.89%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.77.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 250.92 points at the first support level, and at 249.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 253.68, and for the 2nd resistance point, it is at 254.64.
Arthur J. Gallagher & Co. [AJG] reported earnings per share of $1.85 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.85/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2 per share as compared to estimates of $1.95 per share, a difference of $0.05 representing a surprise of 2.60%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.52, the price to book ratio is 5.08 and price to earnings (TTM) ratio is 56.93.
Transactions by insiders
Recent insider trading involved HOWELL DOUGLAS K, VP & Chief Financial Officer, that happened on Feb 15 ’24 when 5000.0 shares were sold. VP & Chief Financial Officer, HOWELL DOUGLAS K completed a deal on Feb 14 ’24 to sell 7000.0 shares. Meanwhile, VICE PRESIDENT Mead Christopher E sold 3700.0 shares on Feb 14 ’24.
