Allianz (OTCMKTS:ALIZY) Releases Earnings Results, Misses Estimates By $0.10 EPS

Allianz (OTCMKTS:ALIZY) posted its quarterly earnings data on Thursday. The company reported $0.88 earnings per share (EPS) 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 Price Performance

Allianz stock traded up $0.26 during mid-day trading on Thursday, hitting $52.08. The company’s stock had a trading volume of 86,685 shares, compared to its average volume of 262,027. The business has a 50 day moving average price of $49.22 and a 200-day moving average price of $46.53. Allianz has a 12 month low of $39.44 and a 12 month high of $52.82. The stock has a market cap of $198.12 billion, a price-to-earnings ratio of 14.67, a price-to-earnings-growth ratio of 2.30 and a beta of 0.66.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of Allianz in a research report on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company 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.