Arthur J. Gallagher & (AJG)
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Arthur J. Gallagher Stock Rallies 31.1% YTD: More Room for Upside?
ZACKS· 2024-09-12 21:25
Shares of Arthur J. Gallagher (AJG) have rallied 31.1% year to date (YTD) compared with the industry’s growth of 27.3%. The Finance sector and the Zacks S&P 500 composite have returned 12% and 15%, respectively, in the same time frame. With a market capitalization of $64.55 billion, the average volume of shares traded in the last three months was 0.7 million.AJG Outperforms Industry, Sector & S&P YTDImage Source: Zacks Investment ResearchThe rally was driven by a strong performance of the Brokerage and Risk ...
Gallagher Study Finds Career Development as a Top Factor in Employee Engagement and Retention
Prnewswire· 2024-09-05 21:00
ROLLING MEADOWS, Ill., Sept. 5, 2024 /PRNewswire/ -- With an increased focus on employee retention amidst a competitive job market and continued economic complexity, Gallagher's 2024 U.S. Career Wellbeing Report found that career development opportunities highly influence both employee engagement and retention. Although employers understand the importance of focusing on career wellbeing, only 35% reported an increase in focus, with many prioritizing the physical (42%), financial (47%), and emotional (64%) w ...
Are You Looking for a Top Momentum Pick? Why Arthur J.
ZACKS· 2024-08-20 01:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Arthur J. Gallagher (AJG) Gains 25% YTD: More Upside Left?
ZACKS· 2024-08-13 00:47
Shares of Arthur J. Gallagher (AJG) rallied 25.1% year to date (YTD) compared with the industry’s growth of 20.2%, the Finance sector’s rise of 7.2% and the Zacks S&P 500 composite’s gain of 11.8%. With a market capitalization of $61.7 billion, the average volume of shares traded in the last three months was 0.9 million.The strong performance of Brokerage and Risk Management segments, strategic buyouts to capitalize on growing market opportunities and effective capital deployment drive this Zacks Rank #2 (B ...
Arthur J. Gallagher (AJG) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-07-31 01:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
GLP-1s, Surging Medical Costs Have Employers Taking a Hard Look at the Return on Investment
Prnewswire· 2024-07-30 21:00
ROLLING MEADOWS, Ill., July 30, 2024 /PRNewswire/ -- Only about half of US employers (52%) say they effectively manage healthcare costs, according to Gallagher's 2024 US Physical & Emotional Wellbeing Report. Several factors appear to contribute to the perception, including the fact that nearly all organizations (92%) experienced health plan premium increases during their most recent renewal. And of those, nearly 1 in 4 (24%) experienced double-digit increases. The Gallagher report, which gathered insights ...
Arthur J. Gallagher (AJG) Moves to Buy: Rationale Behind the Upgrade
ZACKS· 2024-07-30 01:00
Arthur J. Gallagher (AJG) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The ...
Is Arthur J. Gallagher & Co. (AJG) Outperforming Other Finance Stocks This Year?
ZACKS· 2024-07-29 22:40
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Arthur J. Gallagher (AJG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Arthur J. Gallagher is a member of our Finance group, which includes 862 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks S ...
Arthur J. Gallagher & (AJG) - 2024 Q2 - Quarterly Report
2024-07-27 04:43
国内和国际收入 - 公司在2024年第二季度实现了64%的国内收入和36%的国际收入[162] 财产/意外伤害保险费率 - 预计2024年财产/意外伤害保险费率将继续上涨,主要受到损失成本上升、再保险市场稳固、灾难损失频率增加、前一年度准备金波动和社会通货膨胀的影响[164] 经纪业务和风险管理部门 - 公司在2024年第二季度实现了7.7%的商业财产/意外伤害保险费率平均增长[163] - 公司在2024年第二季度实现了7.7%的商业财产/意外伤害保险费率平均增长[163] - 公司在2024年第二季度实现了7.7%的商业财产/意外伤害保险费率平均增长[163] - 2023年第二季度,公司经纪业务部门营收达到23.76亿美元,同比增长14%[166] - 2023年第二季度,公司风险管理部门营收前补偿达到3.58亿美元,同比增长13%[166] - 2024年上半年,公司经纪业务部门营收达到52.41亿美元,同比增长17%[168] - 2024年上半年,公司风险管理部门营收前补偿达到7.11亿美元,同比增长15%[168] - 2023年第二季度,公司调整后的经纪业务部门EBITDAC达到6.65亿美元,同比增长18%[166] - 2023年第二季度,公司调整后的风险管理部门EBITDAC达到6.16亿美元,同比增长24%[166] - 2024年上半年,公司调整后的经纪业务部门EBITDAC达到19.17亿美元,同比增长18%[168] - 2024年上半年,公司调整后的风险管理部门EBITDAC达到11.85亿美元,同比增长24%[168] 总营收和净收入 - 2024年第二季度,公司总营收达到27.36亿美元,同比增长18%[171] - 2024年第二季度,公司调整后的净收入为5.07亿美元,同比增长20%[171] - 2024年第二季度,经纪业务调整后的净收入为5.50亿美元,同比增长18%[171] - 2024年第二季度,风险管理业务调整后的净收入为4.91亿美元,同比增长22%[171] 调整后的净收入 - 2024年第二季度,公司总净收入中经纪业务和风险管理业务占比较大,分别为1.69亿美元和1.26亿美元[171] - 2024年第二季度,公司经纪业务调整主要受无形资产摊销的非现金期间费用影响,税前影响达2.91亿美元[172] - 2024年第二季度,公司风险管理业务调整主要为1.6亿美元,税前影响较小[172] - 2024年第二季度,公司总净收入中经纪业务和风险管理业务调整占比较大,分别为5.99亿美元和3.80亿美元[171] 公司收购和股票发行 - 公司在2024年第三季度完成了15项收购,预计年化收入为349.1百万美元,较2023年同期的141.2百万美元有显著增长[193] - 2024年第二季度,公司发行了154,000股普通股,用于税收交换收购,较2023年同期的851,000股有所减少[194] 薪酬支出和运营费用 - 2024年第二季度,公司调整后的薪酬支出为1,277.3百万美元,较2023年同期的1,116.0百万美元增长,调整后的薪酬支出比率为53.8%[200] - 2024年第三季度,公司的薪酬支出增加了173.9百万美元,主要是由于与完成的收购相关的薪酬、基础和激励薪酬的增加以及股票薪酬和更高的福利成本[201] - 2024年上半年,公司的薪酬支出增加了444.6百万美元,主要是由于与完成的收购相关的薪酬、基础和激励薪酬的增加以及股票薪酬和更高的福利成本[202] - 2024年6月30日三个月期间,公司经营费用为312.2百万美元,较2023年同期的293.5百万美元增加了6.4%[203] - 2024年6月30日六个月期间,公司经营费用增加了60.6百万美元,主要是由于收购完成的费用增加了46.3百万美元,旅行和娱乐成本以及专业费用的通货膨胀,以及对技术的额外投资[205] 公司现金流和股票回购 - 公司在2024年6月30日的经营活动现金流为9.08亿美元,较2023年同期的4.41亿美元增长了105.5%[258] - 公司计划回购高达15亿美元的普通股[282]
Arthur J. Gallagher (AJG) Q2 Earnings Beat Estimates, Rise Y/Y
ZACKS· 2024-07-26 23:11
Arthur J. Gallagher & Co. (AJG) reported second-quarter 2024 adjusted net earnings of $2.26 per share, which beat the Zacks Consensus Estimate by 0.8%. The bottom line increased 19.5% on a year-over-year basis.The quarter’s results overall benefited from adjusted EBITDAC margin expansion across the Brokerage and Risk Management segments and higher commissions, fees and supplemental, contingent revenues, premium finance revenues and other income, partly offset by an elevated overall expense level.Operational ...