Arthur J. Gallagher & Co [AJG] Stock trading around $283.74 per share: What’s Next?

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Arthur J. Gallagher & Co [NYSE: AJG] traded at a low on Tuesday, posting a -2.78 loss after which it closed the day’ session at $283.74.

The results of the trading session contributed to over 13412742 shares changing hands. Over the past one week, the price volatility of Arthur J. Gallagher & Co stands at 2.56% while the volatility over the past one month is 2.01%.

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The market cap for AJG stock reached $62.25 billion, with 219.40 million shares outstanding and 216.76 million shares in the current float. Compared to the average trading volume of 966.53K shares, AJG reached a trading volume of 13412742 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Arthur J. Gallagher & Co [AJG]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AJG shares is $300.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AJG stock is a recommendation set at 2.55. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Arthur J. Gallagher & Co shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 25, 2024. While these analysts kept the previous recommendation, Barclays raised their target price to Equal Weight. The new note on the price target was released on September 05, 2024, representing the official price target for Arthur J. Gallagher & Co stock. Previously, the target price had yet another drop from $280 to $255, while Truist kept a Hold rating on AJG stock.

The Average True Range (ATR) for Arthur J. Gallagher & Co is set at 6.45, with the Price to Sales ratio for AJG stock in the period of the last 12 months amounting to 5.60. The Price to Book ratio for the last quarter was 5.11, with the Price to Cash per share for the same quarter was set at 9.31. Price to Free Cash Flow for AJG in the course of the last twelve months was 26.02.

How has AJG stock performed recently?

Arthur J. Gallagher & Co [AJG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.41. With this latest performance, AJG shares dropped by -3.74% in over the last four-week period, additionally plugging by 10.78% over the last 6 months – not to mention a rise of 17.75% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AJG stock in for the last two-week period is set at 34.94, with the RSI for the last a single of trading hit 26.16, and the three-weeks RSI is set at 40.29 for Arthur J. Gallagher & Co [AJG]. The present Moving Average for the last 50 days of trading for this stock 292.99, while it was recorded at 296.63 for the last single week of trading, and 270.32 for the last 200 days.

Earnings analysis for Arthur J. Gallagher & Co [AJG]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AJG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Arthur J. Gallagher & Co go to 12.81%.

Insider trade positions for Arthur J. Gallagher & Co [AJG]

There are presently around $87.97%, or 88.96%% of AJG stock, in the hands of institutional investors. The top three institutional holders of AJG stocks are: VANGUARD GROUP INC with ownership of 25.63 million shares, which is approximately 11.7836%. BLACKROCK INC., holding 17.23 million shares of the stock with an approximate value of $$4.47 billion in AJG stocks shares; and BLACKROCK INC., currently with $$3.04 billion in AJG stock with ownership which is approximately 5.391%.

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