Aon plc Class A Ordinary Shares (NYSE:AON):
Aon Announces Second Quarter 2017 Earnings Release and Conference Call.
The company is now up by 0.46 percent from yesterday’s close.
Additionally the company recently declared a dividend paid on Monday the 15th of May 2017. The dividend was $0.360 per share for the quarter or $1.44 on an annualized basis. This dividend amount represented a yeild of $1.07. The ex-dividend date was set for Thursday the 27th of April 2017.
Aon plc, launched on December 8, 2011, is a provider of risk management services, insurance and reinsurance brokerage, and human resource (HR) consulting and outsourcing. The Company operates through two segments: Risk Solutions and HR Solutions. The Risk Solutions segment acts as an advisor and insurance and reinsurance broker, helping clients manage their risks through consultation, as well as negotiation and placement of insurance risk with insurance carriers through its global distribution network. The HR Solutions segment partners with organizations to solve their human capital and related financial challenges in the areas of health, retirement and talent. The Company is involved in designing, implementing, communicating and administering a range of human capital, retirement, investment consulting, healthcare, compensation and talent management strategies..
The stock is trading at $134.66 which is a tad above $131.15, the stock’s 50 day moving average and barely above the 200 day moving average of $119.98. The 50 day moving average was up $3.51 or +2.68% and the 200 day average moved up $14.68.
Aon plc Class A Ordinary Shares currently has a P/E ratio of 26.60 and market capitalization is 35.29B. In the last earnings report the EPS was $5.06 and is estimated to be $6.53 for the current year with 262,070,000 shares outstanding. Next quarter’s EPS is estimated at $1.28 and the next full year EPS is projected to be $8.02.
Brokerage analysts have provided guidance on the company recently. June 30 investment analysts at Barclays made no change to the company rating of “Equal-Weight” but moved up the price target to $135.00 from $104.00. On June 21 the stock rating was downgraded to “Neutral” from “” in a statement from Janney Capital.
On November 21 the company was upgraded from “Market Perform” to “Outperform” with a current price target of $130.00 by Keefe Bruyette & Woods. Equity analyst Keefe Bruyette & Woods upgraded the stock and raised the price target on November 21 boosting the price target from $93.00 to $130.00 and altering the rating from “Market Perform” to “Outperform”.
On November 7 the company was set at “Buy” in a report from Sandler O'Neill up from the previous “” rating. On October 31 the company was downgraded from “Outperform” to “Sector Perform” in a report from RBC Capital.