Aon plc (NYSE:AON) shares traded lower over the last trading session, losing -0.57% on 05/21/21. The shares fell to a low of $252.365 before closing at $253.21. Intraday shares traded counted 1.9 million, which was -12.14% lower than its 30-day average trading volume of 1.69M. AON’s previous close was $254.65 while the outstanding shares total 227.10M. The firm has a beta of 0.84, a 12-month trailing P/E ratio of 27.68, and a growth ratio of 2.22. The stock’s Relative Strength Index (RSI) is 59.66, with weekly volatility at 1.40% and ATR at 4.26. The AON stock’s 52-week price range has touched low of $177.21 and a $260.97 high.
Investors have identified the Insurance Brokers company Aon plc as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $57.46 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Aon plc (AON) Fundamentals that are to be considered.
AON were able to record 532.0 million as free cash flow during the 07/30/2021 quarter of the year, this saw their quarterly net cash flow reduce by -62.0 million. In cash movements, the company had a total of 561.0 million as operating cash flow.
Potential earnings growth for Aon plc (AON)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/30/2021 quarter of the year, Aon plc recorded a total of 3.52 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 8.68% coming in sequential stages and their sales for the 07/30/2021 quarter increasing by 15.89%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 2.28 billion trying to sell their products during the last quarter, with the result yielding a gross income of 1.17 billion. This allows shareholders to hold on to 227.10M with the recently reported earning now reading 4.09 cents per share. This is a figure that compared to analyst’s prediction for their 07/30/2021 (4.28 cents a share).
Having a look at the company’s valuation, the company is expected to record 12.34 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AON sounds very interesting.
Is the stock of AON attractive?
In related news, Chief Financial Officer, Davies Christa sold 11,444 shares of the company’s stock in a transaction that recorded on Feb 16. The sale was performed at an average price of 224.89, for a total value of 2,573,641. As the sale deal closes, the Chief Financial Officer, Davies Christa now sold 36,975 shares of the company’s stock, valued at 8,443,716. Also, President, Andersen Eric sold 5,000 shares of the company’s stock in a deal that was recorded on Nov 10. The shares were price at an average price of 197.46 per share, with a total market value of 987,295. Following this completion of acquisition, the Chief Operating Officer, BRUNO JOHN G now holds 1,000 shares of the company’s stock, valued at 186,460. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.
5 out of 17 analysts covering the stock have rated it a Buy, while 8 have maintained a Hold recommendation on Aon plc. 1 analysts has assigned a Sell rating on the AON stock. The 12-month mean consensus price target for the company’s shares has been set at $264.58.