Allianz (ALIZY) Expected to Release Earnings on Thursday

Allianz (OTCMKTS:ALIZY) is expected to be issuing its resultson Thursday, August 6th. Analysts expect Allianz to post earnings of $0.9120 per share and revenue of $46.6245 billion for the quarter.

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

Allianz Trading Up 0.9%

Allianz stock opened at $50.17 on Wednesday. The firm has a market cap of $190.86 billion, a price-to-earnings ratio of 13.94, a PEG ratio of 1.62 and a beta of 0.63. The stock has a fifty day simple moving average of $46.70 and a two-hundred day simple moving average of $44.72. Allianz has a 12 month low of $39.44 and a 12 month high of $50.22.

Wall Street Analyst Weigh In

ALIZY has been the topic of several recent analyst reports. Citigroup reaffirmed a “neutral” rating on shares of Allianz in a research report on Friday, May 15th. The Goldman Sachs Group raised 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 assigned a Hold rating to the company’s stock. According to MarketBeat, Allianz currently has an average 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.