Arthur J Gallagher & Co (AJG) to Release Earnings on Thursday

Arthur J Gallagher & Co (NYSE:AJG) will release its earnings data after the market closes on Thursday, April 25th. Analysts expect Arthur J Gallagher & Co to post earnings of $1.61 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Arthur J Gallagher & Co (NYSE:AJG) last released its quarterly earnings data on Thursday, January 31st. The financial services provider reported $0.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.02. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.61 billion. Arthur J Gallagher & Co had a net margin of 9.14% and a return on equity of 14.03%. On average, analysts expect Arthur J Gallagher & Co to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

AJG opened at $81.58 on Wednesday. The company has a market capitalization of $14.90 billion, a P/E ratio of 23.65, a price-to-earnings-growth ratio of 2.16 and a beta of 0.91. Arthur J Gallagher & Co has a 12 month low of $64.54 and a 12 month high of $81.64. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68.

Several research firms recently commented on AJG. Barclays raised their price objective on shares of Arthur J Gallagher & Co from $87.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, April 1st. Wells Fargo & Co reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Arthur J Gallagher & Co in a report on Thursday, January 31st. Finally, Zacks Investment Research raised shares of Arthur J Gallagher & Co from a “sell” rating to a “hold” rating in a report on Friday, January 25th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $81.38.

In other Arthur J Gallagher & Co news, CFO Douglas K. Howell sold 13,600 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $79.27, for a total value of $1,078,072.00. Following the sale, the chief financial officer now directly owns 47,577 shares in the company, valued at approximately $3,771,428.79. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frank E. Jr. English sold 1,100 shares of the stock in a transaction that occurred on Tuesday, February 5th. The stock was sold at an average price of $77.66, for a total transaction of $85,426.00. Following the completion of the sale, the director now owns 7,300 shares in the company, valued at $566,918. The disclosure for this sale can be found here. Insiders sold a total of 43,700 shares of company stock worth $3,470,046 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

TRADEMARK VIOLATION WARNING: This story was originally published by Baseball Daily News and is the property of of Baseball Daily News. If you are viewing this story on another domain, it was illegally stolen and republished in violation of US and international copyright and trademark legislation. The original version of this story can be read at https://www.baseballdailydigest.com/news/2019/04/24/arthur-j-gallagher-co-ajg-to-release-earnings-on-thursday.html.

About Arthur J Gallagher & Co

Arthur J. Gallagher & Co, together with its subsidiaries, provides insurance brokerage, consulting, and third party claims settlement and administration services to entities in the United States and internationally. Its Brokerage segment consists of retail and wholesale insurance brokerage operations.

Featured Story: Catch-Up Contributions

Earnings History for Arthur J Gallagher & Co (NYSE:AJG)

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.