Allianz (ALIZY) to Release Earnings on Thursday

Key Points

• Allianz is set to release its quarterly earnings before the market opens on Thursday, August 14th, with analysts expecting earnings of $0.78 per share.
• In its last earnings report on May 15th, Allianz reported earnings of $0.69 per share, missing estimates, while revenue significantly surpassed expectations at $60.55 billion.
• Recent analyst ratings have been mixed, with Dbs Bank upgrading shares to "moderate sell," while several others, including HSBC and Barclays, downgraded their ratings, leaving a consensus rating of "Hold."

Allianz (OTCMKTS:ALIZY - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Thursday, August 14th. Analysts expect the company to announce earnings of $0.78 per share for the quarter.

Allianz (OTCMKTS:ALIZY - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.77 by ($0.08). The firm had revenue of $60.55 billion for the quarter, compared to analyst estimates of $21.13 billion. Allianz had a net margin of 5.34% and a return on equity of 16.27%. On average, analysts expect Allianz to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Allianz Stock Up 2.4%

Shares of OTCMKTS:ALIZY opened at $41.12 on Thursday. The firm has a 50 day simple moving average of $39.95 and a 200 day simple moving average of $38.04. Allianz has a 52 week low of $26.98 and a 52 week high of $42.99. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market cap of $158.79 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 1.23 and a beta of 0.92.

Wall Street Analysts Forecast Growth

ALIZY has been the topic of several recent analyst reports. Dbs Bank raised shares of Allianz from a "strong sell" rating to a "moderate sell" rating in a research note on Wednesday, May 28th. HSBC downgraded Allianz to a "hold" rating in a report on Friday, May 16th. Barclays downgraded Allianz from a "hold" rating to a "strong sell" rating in a research note on Thursday, June 12th. Keefe, Bruyette & Woods lowered Allianz from a "moderate buy" rating to a "hold" rating in a research report on Monday, June 9th. Finally, Citigroup reaffirmed a "neutral" rating on shares of Allianz in a research note on Friday, May 16th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Allianz Company Profile

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.

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