Allianz (OTCMKTS:ALIZY – Get Free Report) posted its earnings results on Friday. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.16), Zacks reports. Allianz had a return on equity of 19.92% and a net margin of 6.48%.
Allianz Stock Down 1.0%
Shares of ALIZY stock traded down $0.52 during mid-day trading on Friday, reaching $50.08. 191,952 shares of the company’s stock traded hands, compared to its average volume of 252,678. Allianz has a 12 month low of $39.44 and a 12 month high of $51.03. The company has a market cap of $190.51 billion, a P/E ratio of 13.91, a P/E/G ratio of 1.64 and a beta of 0.63. The company’s 50-day moving average price is $47.04 and its 200-day moving average price is $44.85.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on ALIZY shares. The Goldman Sachs Group raised shares of Allianz from a “hold” rating to a “buy” rating in a research note on Tuesday, April 21st. Citigroup reaffirmed a “neutral” rating on shares of Allianz in a research report on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
About Allianz
Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.
In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.
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