Aon PLC (NYSE:AON) updated its FY18 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of exceed $7.97 for the period, compared to the Thomson Reuters consensus estimate of $8.05.
Aon PLC (NYSE:AON) opened at $143.25 on Friday. Aon PLC has a 1 year low of $109.18 and a 1 year high of $152.78. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.35 and a quick ratio of 2.35. The company has a market cap of $35,797.89, a P/E ratio of 21.22, a P/E/G ratio of 1.86 and a beta of 1.06.
Aon PLC (NYSE:AON) last issued its quarterly earnings data on Friday, October 27th. The financial services provider reported $1.29 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.01. The business had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.29 billion. Aon PLC had a net margin of 16.78% and a return on equity of 32.71%. The business’s revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company earned $1.29 EPS. research analysts anticipate that Aon PLC will post 6.53 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be given a dividend of $0.36 per share. The ex-dividend date is Tuesday, October 31st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.01%. Aon PLC’s dividend payout ratio (DPR) is 21.79%.
A number of research analysts have weighed in on AON shares. Zacks Investment Research upgraded Aon PLC from a hold rating to a buy rating and set a $171.00 price objective on the stock in a report on Wednesday, October 25th. ValuEngine raised Aon PLC from a hold rating to a buy rating in a research report on Friday, September 1st. Keefe, Bruyette & Woods reaffirmed a buy rating and issued a $154.00 target price on shares of Aon PLC in a research report on Monday, October 16th. BidaskClub raised Aon PLC from a buy rating to a strong-buy rating in a research report on Saturday, August 12th. Finally, Royal Bank Of Canada reaffirmed a hold rating and issued a $143.00 target price on shares of Aon PLC in a research report on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the company. Aon PLC presently has an average rating of Hold and a consensus price target of $144.42.
In other news, CEO Michael J. O’connor sold 10,000 shares of the company’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $145.00, for a total value of $1,450,000.00. Following the sale, the chief executive officer now directly owns 123,805 shares in the company, valued at $17,951,725. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.90% of the stock is currently owned by corporate insiders.
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About Aon PLC
Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.
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