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 5, 2024, AJG stock price declined to $303.58 with 801,494 million shares trading.

AJG has a beta of 0.20, 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 $66.62 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 +23.4% while the SPY ETF gained +34.4%. AJG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.2% and +2.6%, respectively, while the SPY returned +10.4% and +2.7%, respectively.

AJG support price is $303.42 and resistance is $311.10 (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.