Arthur J. Gallagher & Co. (NYSE: AJG) has reported earnings for its third fiscal quarter (ending September 30) of $1.43 versus $1.30 for the same period a year ago — an increase of 10%. For the latest four quarters through September 30, E.P.S. were $5.35 versus $5.31 for the same period a year ago — an increase of 1%.
Recent Price Action
Arthur J. Gallagher & Co. (NYSE: AJG) stock declined slightly by -0.5% on 10/24/24. The stock closed at $287.55. NORMAL trading volume accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -0.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, AJG is expected to continue to be a major Value Builder.
Arthur J. Gallagher has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Arthur J. Gallagher has a slightly negative Appreciation Score of 34 but a very high Power Rating of 87, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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