The closing price of Aon plc. (NYSE: AON) was $314.77 for the day, down -2.99% from the previous closing price of $324.47. In other words, the price has decreased by -$9.70 from its previous closing price. On the day, 2080016 shares were traded.
Ratios:
Our analysis of AON’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 54.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.61.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 62.42B and an Enterprise Value of 73.30B. 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 17.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.66. Its current Enterprise Value per Revenue stands at 5.48 whereas that against EBITDA is 18.75.
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 314.39, while the 200-Day Moving Average is calculated to be 321.22.
Shares Statistics:
AON traded an average of 998.21K shares per day over the past three months and 868.66k shares per day 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 1.77, 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
With its trailing 12-month dividend rate of 2.40, AON has a forward annual dividend rate of 2.46. Against a Trailing Annual Dividend Yield of 0.74%, 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
The firm’s stock currently is rated by 15 analysts. On average, analysts expect EPS of $5.9 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 $3.21, 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 $16.21. EPS for the following year is $17.76, with 16 analysts recommending between $18.84 and $16.97.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. 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.
