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.
Investment analysts gave a few price targets for AJG. The most optimistic analyst gave a price target of 66, which equates to a potential upside of 12 percent. The minimum price target given was 54, which equates to a potential downside of -8.37 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -3.3 percent. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of AJG to grow at a rate of 25.8 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AJG is 0.96.
AJG has traded between a high of 59.50 and a low of 47.16 over the past year. The current market price is above the trailing year's low by 24.96 percent, and below the high by 0.96 percent. 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 stock has a market capitalization of $10.61 billion. AJG will post this quarters earnings in days, on 0000-00-00.