Investors braced for a bumpy ride ahead of Brown & Brown's
What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on Brown & Brown with 11 of 15 analysts rating it hold. Analysts don't like Brown & Brown as much as competitor Arthur J. Gallagher & Co. overall. Six out of 14 analysts rate Arthur J. Gallagher & Co. a buy compared to four of 15 for Brown & Brown. Analysts still rate the stock a hold, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $256.6 million in revenue this quarter. That would represent a rise of 3.6% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.31 per share. Estimates range from $0.28 to $0.33.
What our community says:
CAPS All-Stars are solidly backing the stock with 90.4% giving it an outperform rating. The community at large concurs with the All-Stars with 89.4% assigning it a rating of outperform. Fools are bullish on Brown & Brown, though the message boards have been quiet lately with only 53 posts in the past 30 days. Despite the majority sentiment in favor of Brown & Brown, the stock has a middling CAPS rating of three out of five stars.
Brown & Brown's profit has risen year over year by an average of 9.7% over the past five quarters. Revenue has now gone up for three straight quarters.
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