For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Aon plc. (NYSE: AON) closed at $281.04 down -1.40% from its previous closing price of $285.03. In other words, the price has decreased by -$1.40 from its previous closing price. On the day, 2.88 million shares were traded. AON stock price reached its highest trading level at $284.4 during the session, while it also had its lowest trading level at $279.86.
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 8.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.13.
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 56565764096 and an Enterprise Value of 72232738816. As of this moment, Aon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.02, and their Forward P/E ratio for the next fiscal year is 16.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.08. Its current Enterprise Value per Revenue stands at 5.321 whereas that against EBITDA is 16.39.
Stock Price History:
The Beta on a monthly basis for AON is 0.88, which has changed by -0.12424046 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, AON has reached a high of $347.37, while it has fallen to a 52-week low of $268.06. The 50-Day Moving Average of the stock is -11.26%, while the 200-Day Moving Average is calculated to be -11.91%.
Shares Statistics:
For the past three months, AON has traded an average of 984.77K shares per day and 1474330 over the past ten days. A total of 198.60M shares are outstanding, with a floating share count of 195.94M. Insiders hold about 1.27% of the company’s shares, while institutions hold 87.66% stake in the company. Shares short for AON as of 1713139200 were 1962233 with a Short Ratio of 1.99, compared to 1710460800 on 1766687. Therefore, it implies a Short% of Shares Outstanding of 1962233 and a Short% of Float of 1.0.
Dividends & Splits
According to the company, the forward annual dividend rate for AON is 1.84, from 2.46 in the trailing year. Against a Trailing Annual Dividend Yield of 0.008630671The 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 2024-01-31 with an ex-dividend date of 1714435200. Stock splits for the company last occurred on 1999-05-18 when the company split stock in a 3:2 ratio.
Earnings Estimates
A comprehensive evaluation of Aon plc. (AON) is underway, with the input of 14.0 analysts contributing to its current rating.On average, analysts expect EPS of $3.17 for the current quarter, with a high estimate of $3.57 and a low estimate of $2.95, while EPS last year was $2.76. The consensus estimate for the next quarter is $2.54, with high estimates of $2.85 and low estimates of $2.23.
Analysts are recommending an EPS of between $16.94 and $15.06 for the fiscal current year, implying an average EPS of $16.08. EPS for the following year is $17.68, with 16.0 analysts recommending between $18.84 and $17.04.
Revenue Estimates
A total of 10 analysts believe the company’s revenue will be $3.43B this quarter.It ranges from a high estimate of $3.76B to a low estimate of $3.29B. As of the current estimate, Aon plc.’s year-ago sales were $3.17BFor the next quarter, 10 analysts are estimating revenue of $3.29B. There is a high estimate of $3.71B for the next quarter, whereas the lowest estimate is $3.09B.
A total of 15 analysts have provided revenue estimates for AON’s current fiscal year. The highest revenue estimate was $15.85B, while the lowest revenue estimate was $13.96B, resulting in an average revenue estimate of $14.65B. In the same quarter a year ago, actual revenue was $13.38BBased on 14 analysts’ estimates, the company’s revenue will be $15.95B in the next fiscal year. The high estimate is $17.94B and the low estimate is $14.71B.
