In the latest session, Aon plc (NYSE: AON) closed at $314.40 down -3.46% from its previous closing price of $325.67. In other words, the price has decreased by -$11.27 from its previous closing price. On the day, 885706 shares were traded. AON stock price reached its highest trading level at $324.12 during the session, while it also had its lowest trading level at $313.02.
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For a deeper understanding of Aon plc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10.
Upgrades & Downgrades
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 09 when Andersen Eric sold 7,500 shares for $335.55 per share. The transaction valued at 2,516,662 led to the insider holds 144,164 shares of the business.
Davies Christa sold 20,528 shares of AON for $6,263,316 on Feb 21. The Chief Financial Officer now owns 179,571 shares after completing the transaction at $305.11 per share. On Feb 17, another insider, Davies Christa, who serves as the Chief Financial Officer of the company, sold 51,244 shares for $310.14 each. As a result, the insider received 15,893,054 and left with 199,571 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AON now has a Market Capitalization of 66.71B and an Enterprise Value of 77.24B. As of this moment, Aon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.22, and their Forward P/E ratio for the next fiscal year is 19.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.02. Its current Enterprise Value per Revenue stands at 6.19 whereas that against EBITDA is 20.19.
Stock Price History:
Over the past 52 weeks, AON has reached a high of $338.27, while it has fallen to a 52-week low of $246.21. The 50-Day Moving Average of the stock is 320.28, while the 200-Day Moving Average is calculated to be 302.46.
For the past three months, AON has traded an average of 884.40K shares per day and 781.49k over the past ten days. A total of 206.10M shares are outstanding, with a floating share count of 189.53M. Insiders hold about 0.10% of the company’s shares, while institutions hold 89.60% stake in the company. Shares short for AON as of Apr 27, 2023 were 2.18M with a Short Ratio of 2.18M, compared to 2M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.07% and a Short% of Float of 1.08%.
Dividends & Splits
According to the company, the forward annual dividend rate for AON is 2.46, from 2.24 in the trailing year. Against a Trailing Annual Dividend Yield of 0.69%, it implies a Forward Annual Dividend Yield of 0.76%. The stock’s 5-year Average Dividend Yield is 0.84. The current Payout Ratio is 13.40% for AON, which recently paid a dividend on May 14, 2023 with an ex-dividend date of Apr 27, 2023. Stock splits for the company last occurred on May 17, 1999 when the company split stock in a 3:2 ratio.
There are 17 different market analysts currently analyzing its stock. On average, analysts expect EPS of $2.84 for the current quarter, with a high estimate of $2.96 and a low estimate of $2.72, while EPS last year was $2.63. The consensus estimate for the next quarter is $2.26, with high estimates of $2.57 and low estimates of $2.13.
Analysts are recommending an EPS of between $14.8 and $14.1 for the fiscal current year, implying an average EPS of $14.37. EPS for the following year is $16.19, with 17 analysts recommending between $16.63 and $15.75.
A total of 11 analysts believe the company’s revenue will be $3.17B this quarter.It ranges from a high estimate of $3.24B to a low estimate of $3.12B. As of the current estimate, Aon plc’s year-ago sales were $2.98B, an estimated increase of 6.40% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $2.89B, an increase of 2.80% less than the figure of $6.40% in the same quarter last year. There is a high estimate of $2.95B for the next quarter, whereas the lowest estimate is $2.82B.
A total of 12 analysts have provided revenue estimates for AON’s current fiscal year. The highest revenue estimate was $13.41B, while the lowest revenue estimate was $13.09B, resulting in an average revenue estimate of $13.27B. In the same quarter a year ago, actual revenue was $12.48B, up 6.40% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $13.98B in the next fiscal year. The high estimate is $14.18B and the low estimate is $13.68B. The average revenue growth estimate for next year is up 5.40% from the average revenue estimate for this year.