Arthur J Gallagher & Co (AJG) – Research Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Arthur J Gallagher & Co (NYSE: AJG):

  • 2/9/2018 – Arthur J Gallagher & Co had its price target raised by analysts at Citigroup Inc from $67.00 to $69.00. They now have a “neutral” rating on the stock.
  • 1/29/2018 – Arthur J Gallagher & Co was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $81.00 price target on the stock. According to Zacks, “Arthur J. Gallagher’s bottom line beat expectations, driven by solid organic growth, outstanding revenue improvement from the tuck-in mergers and acquisitions and a strong margin expansion. Shares of Arthur J. Gallagher have outperformed the industry in a year's time. Arthur J. Gallagher’s inorganic story seems impressive with strategic buyouts, the pipeline remaining strong with about $300 million of revenues. The company remains focused on tapping opportunities in the U.K., Australia, New Zealand, Canada and the U.S. The company remains focused on enhancing productivity and quality that is part of its value creation strategy. A solid performance is leading to sufficient cash flows and helps the company deploy capital in shareholder-friendly moves. However, escalating expenses and weak commercial P&C rates pose concerns.”
  • 1/26/2018 – Arthur J Gallagher & Co had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $75.00 price target on the stock.
  • 1/25/2018 – Arthur J Gallagher & Co had its “buy” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $74.00 price target on the stock.
  • 1/19/2018 – Arthur J Gallagher & Co was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Arthur J. Gallagher have outperformed the industry, in a year's time. The company has also seen its 2018 estimates move north in the last 60 days.  Arthur J. Gallagher’s inorganic story seems impressive with strategic buyouts, with the company intending to pursue smaller tuck-in mergers in 2017. It remains focused on tapping opportunities in the U.K., Australia, New Zealand, Canada and the U.S. The company remains focused on enhancing productivity and quality that is a part of its value creation strategy. A solid performance is leading to sufficient cash flows help it deploy capital in shareholder-friendly moves. However, escalating expenses and weak commercial P&C rates pose concerns. Adverse foreign exchange also will weigh on results. It is set to release fourth quarter results on Jan 25. A Zacks Rank #3 increases the predictive power of a beat, but combined with the Earnings ESP of -0.45%, makes prediction difficult.”
  • 1/15/2018 – Arthur J Gallagher & Co was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $71.00 price target on the stock. According to Zacks, “Shares of Arthur J. Gallagher have outperformed the industry, in a year's time. Arthur J. Gallagher’s inorganic story seems impressive with strategic buyouts, with the company intending to pursue smaller tuck-in mergers in 2017. It remains focused on tapping opportunities in the U.K., Australia, New Zealand, Canada and the U.S. The company remains focused on enhancing productivity and quality that is a part of its value creation strategy. A solid performance is leading to sufficient cash flows help it deploy capital in shareholder-friendly moves. However, escalating expenses and weak commercial P&C rates pose concerns. Adverse foreign exchange also will weigh on results. It is set to release fourth quarter results on Jan 25. A Zacks Rank #2 increases the predictive power of a beat, but combined with the Earnings ESP of -0.45%, makes prediction difficult.”
  • 1/2/2018 – Arthur J Gallagher & Co was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Arthur J. Gallagher have outperformed the industry, in a year's time. But, the company did not witness any earnings momentum for its 2018 estimate in the last 60 days. Nonetheless, Arthur J. Gallagher’s inorganic story seems impressive with strategic buyouts, with the company intending to pursue smaller tuck-in mergers in 2017. It remains focused on tapping opportunities in the U.K., Australia, New Zealand, Canada and the U.S. The company remains focused on enhancing productivity and quality that is a part of its value creation strategy. A solid performance is leading to sufficient cash flows help it deploy capital in shareholder-friendly moves. However, ecalating expenses and weak commercial P&C rates pose concerns. Adverse foreign exchange also will weigh on results.”
  • 12/27/2017 – Arthur J Gallagher & Co was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $70.00 price target on the stock. According to Zacks, “Shares of Arthur J. Gallagher have outperformed the industry, year to date. The company also witnessed its 2017 and 2018 estimates moving north in the last 60 days. Arthur J. Gallagher’s inorganic story seems impressive with strategic buyouts, with the company intending to pursue smaller tuck-in mergers in 2017. It remains focused on tapping opportunities in the U.K., Australia, New Zealand, Canada and the U.S. The company remains focused on enhancing productivity and quality that is a part of its value creation strategy. A solid performance is leading to sufficient cash flows help it deploy capital in shareholder-friendly moves. However, ecalating expenses and weak commercial P&C rates pose concerns. Adverse foreign exchange also will weigh on results.”
  • 12/22/2017 – Arthur J Gallagher & Co had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $77.00 price target on the stock.
  • 12/20/2017 – Arthur J Gallagher & Co was given a new $74.00 price target on by analysts at Wells Fargo & Co. They now have a “buy” rating on the stock.
  • 12/14/2017 – Arthur J Gallagher & Co was given a new $74.00 price target on by analysts at Wells Fargo & Co. They now have a “buy” rating on the stock.

Shares of Arthur J Gallagher & Co (NYSE:AJG) traded up $0.35 during midday trading on Monday, reaching $65.29. The company’s stock had a trading volume of 185,140 shares, compared to its average volume of 1,201,797. The stock has a market cap of $11,756.67, a P/E ratio of 25.70, a price-to-earnings-growth ratio of 1.64 and a beta of 1.24. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.08. Arthur J Gallagher & Co has a 12 month low of $54.50 and a 12 month high of $70.55.

Arthur J Gallagher & Co (NYSE:AJG) last announced its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.07. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.48 billion. Arthur J Gallagher & Co had a return on equity of 13.95% and a net margin of 7.52%. During the same period in the previous year, the business earned $0.66 EPS. Arthur J Gallagher & Co’s revenue for the quarter was up 15.5% on a year-over-year basis. equities analysts anticipate that Arthur J Gallagher & Co will post 3.57 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Friday, March 2nd will be issued a $0.41 dividend. This is an increase from Arthur J Gallagher & Co’s previous quarterly dividend of $0.39. This represents a $1.64 annualized dividend and a dividend yield of 2.51%. The ex-dividend date is Thursday, March 1st. Arthur J Gallagher & Co’s payout ratio is presently 61.42%.

In other news, VP Thomas Joseph Gallagher sold 11,500 shares of the business’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $69.80, for a total value of $802,700.00. Following the completion of the sale, the vice president now directly owns 176,305 shares of the company’s stock, valued at approximately $12,306,089. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Walter D. Bay sold 1,500 shares of the business’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $70.15, for a total value of $105,225.00. Following the completion of the sale, the general counsel now directly owns 13,284 shares of the company’s stock, valued at $931,872.60. The disclosure for this sale can be found here. Insiders sold a total of 20,600 shares of company stock valued at $1,404,129 over the last three months. Company insiders own 1.60% of the company’s stock.

Arthur J. Gallagher & Co and its subsidiaries are engaged in providing insurance brokerage and consulting services, and third-party claims settlement and administration services to both domestic and international entities. The Company operates through three segments: brokerage, risk management and corporate.

Receive News & Ratings for Arthur J Gallagher & Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arthur J Gallagher & Co and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply