Arthur J. Gallagher & Co. (NYSE:AJG) saw an upside of 2.55% to close Friday at $152.44 after adding $3.79 on the day. The 5-day average trading volume is 741,640 shares of the company’s common stock. It has gained $154.20 in the past week and touched a new high 1 time within the past 5 days. An average of 1,118,780 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,081,612.
AJG’s 1-month performance is 5.54% or $8.00 on its low of $142.53 reached on 09/13/21. The company’s shares have touched a 52-week low of $101.95 and high of $154.36, with the stock’s rally to the 52-week high happening on 09/24/21. YTD, AJG has achieved 23.22% or $28.73 and has reached a new high 26 times. However, the current price is down -1.24%% from the 52-week high price.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
On Sep 16, 16 days have gone by since the last insider trading activity for Arthur J. Gallagher & Co. (AJG). CARY RICHARD C (Controller, CAO) most recently sold 4,583 shares at $150.32 per share on Sep 16. This transaction cost the insider $688,917. Vice President, Hudson Scott R, sold 9,500 shares at a price of $143.93 on Jun 15. Then, on Jun 15, VICE PRESIDENT Ziebell William F sold 13,200 shares at a price of $144.71 per share. This transaction amounted to $1,910,172.
The company’s PE ratio for the last five years has touched a high of 34.91 and a low of 16.44. AJG stock has a beta of 0.68. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.07 while the price-to-book (PB) in the most recent quarter is 3.69, with the price to cash flow ratio at 26.80.
Arthur J. Gallagher & Co. pays an annual dividend of $1.92 per share. Its dividend yield is 1.26% and the payout ratio is 40.10%. AJG’s most recent quarterly dividend payment was made on Sep. 17, when it paid $0.48 a share compared with prior rate of $0.48, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.03 reported on Wednesday January 27 2021. Measured over the last 3 years, the Dividend has been growing by 15.38% yearly.
It is projected that Arthur J. Gallagher & Co.’s next ex-dividend date will be on J. AJG is expected to distribute $Co.’ as its next dividend.
Arthur J. Gallagher & Co.’s quick ratio for the period ended June 29 was 1.30, with the current ratio over the same period at 1.30 meaning that AJG stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.69, while the total debt to equity was 0.73. In terms of profitability, the gross margin trailing 12 months is 36.40% while for the period ending June 29; Arthur J. Gallagher & Co.’s operating margin was 15.30%. The firm’s gross profit as reported stood at $2.65 billion against revenue of $7.0 billion.
The effectiveness of a company’s management is also important for investors when it comes to determining the potential profitability of the investment. Arthur J. Gallagher & Co.’s return on assets over the past 12 months stands at 3.70%. Return on investment over the past year is 9.80%, while its return on equity (ROE) trailing 12 months is 13.20%. In comparison, the average ROE for the broader industry over the past year is 9.22.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected AJG to announce $1.14 per share in earnings in its latest quarter, but it posted $1.17, representing a 2.60% surprise. EBITDA for the quarter stood at more than $423.7 million. AJG stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 19.46 billion, with total debt at $6.39 billion. Shareholders hold equity totaling $206.75 million
Let’s look briefly at Arthur J. Gallagher & Co. (AJG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 01 October was 60.48% to suggest the stock is trending Neutral, with historical volatility in this time period at 25.21%.
The stock’s 5-day moving average is $150.84, reflecting a -1.04% or -$1.60 change from its current price. AJG is currently trading +4.54% above its 20-day SMA, +2.68% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +7.27% and +23.30% respectively.
Stochastic %K and %D was 68.68% and 67.27% and the average true range (ATR) pointed at 3.02. The RSI (14) points at 60.57%, while the 14-day stochastic is at 83.63% with the period’s ATR at 2.78. The stock’s 9-day MACD Oscillator is pointing at -0.49 and 0.67 on the 14-day charts.
In the most recent analyst report for Arthur J. Gallagher & Co. (NYSE: AJG), Wells Fargo reiterated its an Overweight rating for the company but lifted their price target by $170 to $172. Analysts offering their rating for AJG stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate AJG as a “sell,”, while 4 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 2 rates the stock as overweight while 7 have offered a “buy” rating.
What is AJG’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $143.00 and a high of $180.00, with their median price target at $160.00. Looking at these predictions, the average price target given by analysts is for Arthur J. Gallagher & Co. (AJG) stock is $160.45.