kicked off on Tuesday, with Arch Capital Group Ltd (NASDAQ: ACGL) stock price up 1.97% from the previous day of trading, before settling in for the closing price of $107.79. ACGL’s price has ranged from $72.85 to $116.47 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 20.50%. Meanwhile, its annual earnings per share averaged 7.53%. With a float of $363.32 million, this company’s outstanding shares have now reached $373.40 million.
Considering the fact that the conglomerate employs 6400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 90.22%, operating margin of 23.33%, and the pretax margin is 26.86%.
Arch Capital Group Ltd (ACGL) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Diversified Industry. The insider ownership of Arch Capital Group Ltd is 3.39%, while institutional ownership is 89.23%. The most recent insider transaction that took place on Aug 16 ’24, was worth 1,174,170. In this transaction EVP AND CFO of this company sold 11,460 shares at a rate of $102.46, taking the stock ownership to the 221,779 shares. Before that another transaction happened on Aug 16 ’24, when Company’s Officer proposed sale 11,460 for $102.46, making the entire transaction worth $1,174,170.
Arch Capital Group Ltd (ACGL) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 7.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.13% during the next five years compared to 46.40% growth over the previous five years of trading.
Arch Capital Group Ltd (NASDAQ: ACGL) Trading Performance Indicators
Here are Arch Capital Group Ltd’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.75. Likewise, its price to free cash flow for the trailing twelve months is 6.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.21, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 9.03 in one year’s time.
Technical Analysis of Arch Capital Group Ltd (ACGL)
Compared to the last year’s volume of 1.61 million, its volume of 1.72 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 46.84%. Additionally, its Average True Range was 2.53.
During the past 100 days, Arch Capital Group Ltd’s (ACGL) raw stochastic average was set at 70.70%, which indicates a significant increase from 32.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.02% in the past 14 days, which was higher than the 21.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $107.62, while its 200-day Moving Average is $95.28. Nevertheless, the first resistance level for the watch stands at $110.83 in the near term. At $111.76, the stock is likely to face the second major resistance level. The third major resistance level sits at $112.82. If the price goes on to break the first support level at $108.84, it is likely to go to the next support level at $107.78. Now, if the price goes above the second support level, the third support stands at $106.85.
Arch Capital Group Ltd (NASDAQ: ACGL) Key Stats
With a market capitalization of 41.33 billion, the company has a total of 375,494K Shares Outstanding. Currently, annual sales are 13,634 M while annual income is 4,443 M. The company’s previous quarter sales were 4,229 M while its latest quarter income was 1,269 M.
