Allianz (OTCMKTS:ALIZY) Releases Earnings Results, Misses Estimates By $0.16 EPS

Allianz (OTCMKTS:ALIZY) issued its quarterly earnings data 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 net margin of 6.48% and a return on equity of 19.92%.

Allianz Stock Performance

ALIZY traded down $0.52 on Friday, reaching $50.08. The company had a trading volume of 191,952 shares, compared to its average volume of 252,678. Allianz has a 52-week low of $39.44 and a 52-week high of $51.03. The company has a market cap of $190.51 billion, a price-to-earnings ratio of 13.91, a P/E/G ratio of 1.64 and a beta of 0.63. The business has a 50 day simple moving average of $46.93 and a 200 day simple moving average of $44.81.

Analyst Upgrades and Downgrades

ALIZY has been the subject of several analyst reports. The Goldman Sachs Group raised shares of Allianz from a “hold” rating to a “buy” rating in a report on Tuesday, April 21st. Citigroup reiterated 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 assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Allianz presently 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.