In the latest session, Aon plc. (NYSE: AON) closed at $319.40 down -0.14% from its previous closing price of $319.84. In other words, the price has decreased by -$0.44 from its previous closing price. On the day, 716699 shares were traded.
Ratios:
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 55.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.90.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on January 10, 2024, initiated with a Outperform rating and assigned the stock a target price of $390.
On January 08, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also lowered its target price recommendation from $351 to $321.
Keefe Bruyette Downgraded its Mkt Perform to Underperform on December 15, 2023, while the target price for the stock was maintained at $328.
Insider Transactions:
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 Mar 06 ’24 when Stevens Lisa sold 315 shares for $316.31 per share. The transaction valued at 99,690 led to the insider holds 9,723 shares of the business.
Andersen Eric sold 5,500 shares of AON for $1,725,568 on Mar 01 ’24. The President now owns 164,618 shares after completing the transaction at $313.74 per share. On Feb 23 ’24, another insider, Stevens Lisa, who serves as the Chief People Officer of the company, sold 13,000 shares for $315.26 each. As a result, the insider received 4,098,380 and left with 10,073 shares of the company.
Valuation Measures:
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 63.34B and an Enterprise Value of 74.22B. As of this moment, Aon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.60, and their Forward P/E ratio for the next fiscal year is 18.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.73. Its current Enterprise Value per Revenue stands at 5.55 whereas that against EBITDA is 18.99.
Stock Price History:
Over the past 52 weeks, AON has reached a high of $347.37, while it has fallen to a 52-week low of $284.85. The 50-Day Moving Average of the stock is 315.65, while the 200-Day Moving Average is calculated to be 320.97.
Shares Statistics:
For the past three months, AON has traded an average of 1.00M shares per day and 943.29k over the past ten days. A total of 198.60M shares are outstanding, with a floating share count of 195.79M. Insiders hold about 1.27% of the company’s shares, while institutions hold 87.99% stake in the company. Shares short for AON as of Mar 15, 2024 were 1.77M with a Short Ratio of 1.76, compared to 1.82M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.89% and a Short% of Float of 0.90%.
Dividends & Splits
According to the company, the forward annual dividend rate for AON is 2.46, from 2.40 in the trailing year. Against a Trailing Annual Dividend Yield of 0.75%, it implies a Forward Annual Dividend Yield of 0.74%. The stock’s 5-year Average Dividend Yield is 0.79. The current Payout Ratio is 19.23% for AON, which recently paid a dividend on Feb 15, 2024 with an ex-dividend date of Jan 31, 2024. Stock splits for the company last occurred on May 18, 1999 when the company split stock in a 3:2 ratio.
Earnings Estimates
There are 15 different market analysts currently analyzing its stock. On average, analysts expect EPS of $5.89 for the current quarter, with a high estimate of $6.08 and a low estimate of $5.46, while EPS last year was $5.17. The consensus estimate for the next quarter is $3.2, with high estimates of $3.57 and low estimates of $2.97.
Analysts are recommending an EPS of between $16.94 and $15.7 for the fiscal current year, implying an average EPS of $16.2. EPS for the following year is $17.76, with 16 analysts recommending between $18.84 and $16.97.
Revenue Estimates
A total of 10 analysts believe the company’s revenue will be $4.13B this quarter.It ranges from a high estimate of $4.18B to a low estimate of $4.08B. As of the current estimate, Aon plc.’s year-ago sales were $3.87B, an estimated increase of 6.70% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $3.36B, an increase of 5.80% less than the figure of $6.70% in the same quarter last year. There is a high estimate of $3.4B for the next quarter, whereas the lowest estimate is $3.29B.
A total of 14 analysts have provided revenue estimates for AON’s current fiscal year. The highest revenue estimate was $15.28B, while the lowest revenue estimate was $14.04B, resulting in an average revenue estimate of $14.25B. In the same quarter a year ago, actual revenue was $13.38B, up 6.50% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $15.38B in the next fiscal year. The high estimate is $17.54B and the low estimate is $14.71B. The average revenue growth estimate for next year is up 8.00% from the average revenue estimate for this year.
