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

Arthur J. Gallagher & Co. (NYSE:AJG) is projected to announce its earnings results after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $2.03 per share and revenue of $2.70 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Arthur J. Gallagher & Co. Price Performance

Shares of NYSE AJG opened at $293.59 on Wednesday. The business’s 50 day moving average price is $291.79 and its two-hundred day moving average price is $288.18. The company has a market cap of $73.34 billion, a PE ratio of 55.92 and a beta of 0.76. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.64. Arthur J. Gallagher & Co. has a twelve month low of $227.43 and a twelve month high of $316.72.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Jefferies Financial Group upped their target price on Arthur J. Gallagher & Co. from $269.00 to $274.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods raised Arthur J. Gallagher & Co. from an “underperform” rating to a “market perform” rating and decreased their target price for the company from $292.00 to $286.00 in a research report on Friday, January 10th. Piper Sandler raised Arthur J. Gallagher & Co. from a “neutral” rating to an “overweight” rating and upped their target price for the company from $285.00 to $315.00 in a research report on Wednesday, January 8th. The Goldman Sachs Group downgraded Arthur J. Gallagher & Co. from a “buy” rating to a “neutral” rating and set a $313.00 target price on the stock. in a research report on Monday, November 25th. Finally, TD Cowen raised Arthur J. Gallagher & Co. from a “hold” rating to a “buy” rating and upped their target price for the company from $295.00 to $377.00 in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $304.07.

About Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co engages in the provision of insurance brokerage, reinsurance brokerage, consulting, and third-party claims settlement and administration services. It operates through the following business segments: Brokerage, Risk Management, and Corporate. The Brokerage segment consists of retail and wholesale insurance brokerage operations.