Allianz (OTCMKTS:ALIZY) Posts Earnings Results, Misses Expectations By $0.10 EPS

Allianz (OTCMKTS:ALIZY) issued its quarterly earnings data on Thursday. The company reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.10), Zacks reports. Allianz had a return on equity of 18.33% and a net margin of 6.31%.

Allianz Stock Up 0.5%

Shares of ALIZY traded up $0.26 during mid-day trading on Thursday, hitting $52.08. 136,419 shares of the company traded hands, compared to its average volume of 261,902. The company has a market capitalization of $198.12 billion, a PE ratio of 14.67, a price-to-earnings-growth ratio of 2.30 and a beta of 0.66. The business has a 50 day moving average of $49.22 and a 200 day moving average of $46.53. Allianz has a 1-year low of $39.44 and a 1-year high of $52.82.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Allianz in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Allianz presently has a consensus rating of “Moderate Buy”.

Allianz Company Profile

Allianz SE is a global insurance and financial services company founded in Berlin in 1890 and headquartered in Munich, Germany. It serves individuals, businesses and institutional clients in markets around the world. The company’s insurance operations include property and casualty coverage, life insurance, health insurance and related services. Its offerings address risks ranging from personal and commercial property to health, retirement and employee benefits. Allianz also provides investment and asset management services through businesses including Allianz Global Investors and PIMCO.