Allianz (ALIZY) Projected to Post Earnings on Wednesday

Allianz (OTCMKTS:ALIZY) will likely be issuing its resultson Wednesday, May 13th. Analysts expect the company to announce earnings of $1.13 per share and revenue of $26.0509 billion for the quarter.

Allianz (OTCMKTS:ALIZY) last issued its earnings results on Thursday, February 26th. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.74 by $0.09. Allianz had a net margin of 5.80% and a return on equity of 17.50%. The company had revenue of $33.04 billion for the quarter. On average, analysts expect Allianz to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Allianz Stock Up 1.5%

OTCMKTS:ALIZY opened at $44.61 on Wednesday. The firm has a market capitalization of $169.70 billion, a P/E ratio of 14.21, a P/E/G ratio of 1.40 and a beta of 0.65. The company has a fifty day moving average of $43.07 and a 200 day moving average of $43.34. Allianz has a 52 week low of $38.44 and a 52 week high of $46.58.

Analyst Upgrades and Downgrades

ALIZY has been the topic of a number of analyst reports. The Goldman Sachs Group upgraded shares of Allianz from a “hold” rating to a “buy” rating in a research report on Tuesday, April 21st. Royal Bank Of Canada started coverage on shares of Allianz in a report on Tuesday, February 17th. They set a “hold” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Allianz has an average rating of “Hold”.

Allianz Company Profile

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.