Analyst Ratings for Arthur J. Gallagher & Co. (AJG)Updated: 2017-07-26
Arthur J. Gallagher & Co. (NYSE:AJG) was awarded an average rating of Overweight from investment analysts following the stock. Last month, AJG received an average rating of Overweight.
A buy rating was issued by 8 analysts, 0 gave an overweight rating, 8 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for AJG by the analysts covering the stock. The highest price target was 66, implying potential capital gains of 12 percent. The lowest price target was 54, implying a possible loss of -8.37 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -3.3 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.33 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
AJG has an estimated earnings growth rate of 25.8 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. AJG has a PEG ratio of 0.96.
In the trailing 52-weeks, AJG hit 59.50 at the highest peak, while it's lowest trading point was 47.16. Currently the stock is 24.96 percent higher than its low, and 0.96 percent below the high. AJG has a P/E ratio of 24.87. Investors typically compare the P/E ratio to a company's peers in the industry. The AJG value stock report compares AJG to some of its peers using value stock charts. The market cap of AJG is $10.61 billion. AJG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.