Allianz (ALIZY) Expected to Announce Quarterly Earnings on Thursday

Allianz (OTCMKTS:ALIZY) is anticipated to announce its resultson Thursday, August 6th. Analysts expect Allianz to post earnings of $0.9030 per share and revenue of $46.1542 billion for the quarter.

Allianz (OTCMKTS:ALIZY) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.02. Allianz had a net margin of 6.48% and a return on equity of 19.92%. On average, analysts expect Allianz to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Allianz Stock Down 1.3%

Shares of OTCMKTS:ALIZY opened at $48.63 on Thursday. The stock has a market cap of $185.00 billion, a PE ratio of 13.51, a PEG ratio of 1.60 and a beta of 0.63. The company’s fifty day moving average is $46.30 and its 200 day moving average is $44.56. Allianz has a 52 week low of $38.44 and a 52 week high of $49.36.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Citigroup reiterated a “neutral” rating on shares of Allianz in a report on Friday, May 15th. The Goldman Sachs Group raised shares of Allianz from a “hold” rating to a “buy” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.