Arthur J. Gallagher & Co. (NYSE: AJG) is 2.51% higher on its value in year-to-date trading and has touched a low of $198.52 and a high of $256.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AJG stock was last observed hovering at around $231.43 in the last trading session, with the day’s loss setting it -0.91%.
Currently trading at $230.52, the stock is -5.58% and -5.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing -0.39% at the moment leaves the stock -1.47% off its SMA200. AJG registered 13.44% gain for a year compared to 6-month gain of -2.57%.
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The stock witnessed a -9.13% loss in the last 1 month and extending the period to 3 months gives it a -1.48%, and is -3.96% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.59% over the week and 1.49% over the month.
Arthur J. Gallagher & Co. (AJG) has around 52000 employees, a market worth around $49.98B and $9.93B in sales. Current P/E ratio is 51.94 and Fwd P/E is 20.35. Profit margin for the company is 9.77%. Distance from 52-week low is 16.12% and -9.99% from its 52-week high. The company has generated returns on investments over the last 12 months (5.35%).
The EPS is expected to grow by 15.53% this year
The shares outstanding are 216.70M, and float is at 214.04M with Short Float at 0.93%.
Arthur J. Gallagher & Co. (AJG) Insider Activity
The most recent transaction is an insider sale by Cavaness Joel D, the company’s Vice President. SEC filings show that Cavaness Joel D sold 1,207 shares of the company’s common stock on Mar 18 ’24 at a price of $255.20 per share for a total of $0.31 million. Following the sale, the insider now owns 2023.0 shares.
Arthur J. Gallagher & Co. disclosed in a document filed with the SEC on Mar 13 ’24 that Hudson Scott R (Vice President) sold a total of 15,458 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $254.28 per share for $3.93 million. Following the transaction, the insider now directly holds 96709.0 shares of the AJG stock.
Still, SEC filings show that on Mar 12 ’24, Hudson Scott R (Vice President) disposed off 15,000 shares at an average price of $255.06 for $3.83 million. The insider now directly holds 96,709 shares of Arthur J. Gallagher & Co. (AJG).
