Arch Capital Group Ltd (NASDAQ: ACGL) kicked off on Friday, down -2.58% from the previous trading day, before settling in for the closing price of $98.56. Over the past 52 weeks, ACGL has traded in a range of $72.85-$116.47.
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A company in the Financial sector has jumped its sales by 20.50% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 4.64%. With a float of $363.32 million, this company’s outstanding shares have now reached $373.40 million.
In an organization with 6400 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 93.02%, operating margin of 22.65%, and the pretax margin is 26.68%.
Arch Capital Group Ltd (ACGL) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Diversified Industry. The insider ownership of Arch Capital Group Ltd is 3.39%, while institutional ownership is 89.34%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 4.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.69% 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
Take a look at Arch Capital Group Ltd’s (ACGL) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.15. Likewise, its price to free cash flow for the trailing twelve months is 5.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.89, a number that is poised to hit 2.11 in the next quarter and is forecasted to reach 8.96 in one year’s time.
Technical Analysis of Arch Capital Group Ltd (ACGL)
Let’s dig in a bit further. During the last 5-days, its volume was 2.34 million. That was better than the volume of 1.65 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.04%. Additionally, its Average True Range was 2.59.
During the past 100 days, Arch Capital Group Ltd’s (ACGL) raw stochastic average was set at 8.66%, which indicates a significant increase from 1.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.16% in the past 14 days, which was higher than the 24.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $110.35, while its 200-day Moving Average is $98.07. However, in the short run, Arch Capital Group Ltd’s stock first resistance to watch stands at $98.28. Second resistance stands at $100.55. The third major resistance level sits at $101.76. If the price goes on to break the first support level at $94.81, it is likely to go to the next support level at $93.60. Assuming the price breaks the second support level, the third support level stands at $91.33.
Arch Capital Group Ltd (NASDAQ: ACGL) Key Stats
The company with the Market Capitalisation of 35.18 billion has total of 376,058K Shares Outstanding. Its annual sales at the moment are 13,634 M in contrast with the sum of 4,443 M annual income. Company’s last quarter sales were recorded 4,229 M and last quarter income was 1,269 M.
