AJG Stock Summary and Trading Ideas (Arthur J. Gallagher & Co. | NYSE:AJG)

Founded in 1927 as a one-person agency, Gallagher's primary business is insurance brokerage, with a focus on serving middle-market companies. The company's risk management segment provides third-party claims adjustment to companies that choose to self-insure. Gallagher has 52,000 employees and generates 36% of its revenue internationally, primarily in Australia, Canada, New Zealand, and the UK.

Arthur J. Gallagher & Co. trades on the NYSE stock market under the symbol AJG.

As of December 13, 2024, AJG stock price climbed to $284.59 with 2,304,897 million shares trading.

AJG has a beta of 0.23, meaning it tends to be less sensitive to market movements. AJG has a correlation of 0.02 to the broad based SPY ETF.

AJG has a market cap of $71.09 billion. This is considered a Large Cap stock.

Last quarter Arthur J. Gallagher & Co. reported $3 billion in Revenue and $2.26 earnings per share. This beat revenue expectation by $27 million and missed earnings estimates by -$.01.

In the last 3 years, AJG traded as high as $316.72 and as low as $147.33.

The top ETF exchange traded funds that AJG belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

AJG has underperformed the market in the last year with a price return of +17.0% while the SPY ETF gained +29.9%. AJG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.1% and -8.7%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

AJG support price is $277.35 and resistance is $285.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AJG shares will trade within this expected range on the day.