Arch Capital Group Ltd (NASDAQ: ACGL) kicked off on Tuesday, up 0.35% from the previous trading day, before settling in for the closing price of $100.06. Over the past 52 weeks, ACGL has traded in a range of $69.27-$110.75.
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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%. While this was happening, its average annual earnings per share was recorded 4.72%. With a float of $363.50 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 93.02%, operating margin of 22.65%, and the pretax margin is 26.68%.
Arch Capital Group Ltd (ACGL) Insider Activity
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 89.35%. 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) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 2.49 earnings per share (EPS), higher than consensus estimate (set at 2.01) by 0.48. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.72% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.99% 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 2.31. Likewise, its price to free cash flow for the trailing twelve months is 5.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.89, a number that is poised to hit 1.88 in the next quarter and is forecasted to reach 8.95 in one year’s time.
Technical Analysis of Arch Capital Group Ltd (ACGL)
Compared to the last year’s volume of 1.69 million, its volume of 2.34 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 72.32%. Additionally, its Average True Range was 2.15.
During the past 100 days, Arch Capital Group Ltd’s (ACGL) raw stochastic average was set at 28.52%, which indicates a significant decrease from 69.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.99% in the past 14 days, which was higher than the 27.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $106.11, while its 200-day Moving Average is $99.56. Nevertheless, the first resistance level for the watch stands at $100.93 in the near term. At $101.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $102.20. If the price goes on to break the first support level at $99.66, it is likely to go to the next support level at $98.90. Should the price break the second support level, the third support level stands at $98.39.
Arch Capital Group Ltd (NASDAQ: ACGL) Key Stats
The company with the Market Capitalisation of 37.78 billion has total of 376,242K 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 4,722 M and last quarter income was 988,000 K.
