In the latest session, Arthur J. Gallagher & Co. (NYSE: AJG) closed at $206.61 down -3.72% from its previous closing price of $214.59. In other words, the price has decreased by -$7.98 from its previous closing price. On the day, 1093306 shares were traded. AJG stock price reached its highest trading level at $213.51 during the session, while it also had its lowest trading level at $206.11.
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For a deeper understanding of Arthur J. Gallagher & Co.’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 28.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.61.
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 10 when CARY RICHARD C sold 3,204 shares for $217.62 per share. The transaction valued at 697,254 led to the insider holds 37,285 shares of the business.
BARRAT SHERRY S sold 2,330 shares of AJG for $500,938 on May 08. The Director now owns 18,808 shares after completing the transaction at $215.00 per share. On May 04, another insider, Cavaness Joel D, who serves as the Vice President of the company, sold 33,300 shares for $210.57 each. As a result, the insider received 7,011,981 and left with 135,178 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, AJG now has a Market Capitalization of 44.54B and an Enterprise Value of 50.61B. As of this moment, Arthur’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.36, and their Forward P/E ratio for the next fiscal year is 20.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.98 while its Price-to-Book (P/B) ratio in mrq is 4.48. Its current Enterprise Value per Revenue stands at 5.93 whereas that against EBITDA is 22.46.
Stock Price History:
Over the past 52 weeks, AJG has reached a high of $219.23, while it has fallen to a 52-week low of $148.24. The 50-Day Moving Average of the stock is 201.23, while the 200-Day Moving Average is calculated to be 190.75.
For the past three months, AJG has traded an average of 993.58K shares per day and 898.47k over the past ten days. A total of 212.80M shares are outstanding, with a floating share count of 208.85M. Insiders hold about 0.30% of the company’s shares, while institutions hold 87.20% stake in the company. Shares short for AJG as of Apr 27, 2023 were 2.15M with a Short Ratio of 2.15M, compared to 1.72M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.00% and a Short% of Float of 1.16%.
Dividends & Splits
According to the company, the forward annual dividend rate for AJG is 2.20, from 2.08 in the trailing year. Against a Trailing Annual Dividend Yield of 0.97%, it implies a Forward Annual Dividend Yield of 1.03%. The stock’s 5-year Average Dividend Yield is 1.60. The current Payout Ratio is 37.10% for AJG, which recently paid a dividend on Jun 15, 2023 with an ex-dividend date of May 31, 2023. Stock splits for the company last occurred on Jan 18, 2001 when the company split stock in a 2:1 ratio.
There are 15 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.91 for the current quarter, with a high estimate of $1.94 and a low estimate of $1.86, while EPS last year was $1.7. The consensus estimate for the next quarter is $1.96, with high estimates of $2.01 and low estimates of $1.92.
Analysts are recommending an EPS of between $9.14 and $8.7 for the fiscal current year, implying an average EPS of $8.81. EPS for the following year is $9.93, with 16 analysts recommending between $10.54 and $9.51.
A total of 8 analysts believe the company’s revenue will be $2.36B this quarter.It ranges from a high estimate of $2.41B to a low estimate of $2.32B. As of the current estimate, Arthur J. Gallagher & Co.’s year-ago sales were $2.01B, an estimated increase of 17.70% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $2.38B, an increase of 17.20% less than the figure of $17.70% in the same quarter last year. There is a high estimate of $2.45B for the next quarter, whereas the lowest estimate is $2.35B.
A total of 8 analysts have provided revenue estimates for AJG’s current fiscal year. The highest revenue estimate was $10.01B, while the lowest revenue estimate was $9.66B, resulting in an average revenue estimate of $9.77B. In the same quarter a year ago, actual revenue was $8.42B, up 16.00% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $10.81B in the next fiscal year. The high estimate is $11.36B and the low estimate is $10.58B. The average revenue growth estimate for next year is up 10.60% from the average revenue estimate for this year.