ACGL (Arch Capital Group Ltd) climbed 2.25 at the last close: Is This Today’s Most Popular Stock?

On Friday, Arch Capital Group Ltd (NASDAQ: ACGL) was 2.25% up from the session before settling in for the closing price of $88.99. A 52-week range for ACGL has been $69.45 – $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%. When this article was written, the company’s average yearly earnings per share was at 4.33%. With a float of $363.55 million, this company’s outstanding shares have now reached $376.20 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) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Arch Capital Group Ltd stocks. The insider ownership of Arch Capital Group Ltd is 3.37%, while institutional ownership is 89.54%. 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

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 4.33% 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

You can see what Arch Capital Group Ltd (ACGL) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.14. Likewise, its price to free cash flow for the trailing twelve months is 5.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.89, a number that is poised to hit 1.84 in the next quarter and is forecasted to reach 8.96 in one year’s time.

Technical Analysis of Arch Capital Group Ltd (ACGL)

Compared to the last year’s volume of 1.71 million, its volume of 2.9 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.44%. Additionally, its Average True Range was 1.95.

During the past 100 days, Arch Capital Group Ltd’s (ACGL) raw stochastic average was set at 8.80%, which indicates a significant decrease from 20.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.11% in the past 14 days, which was lower than the 27.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $100.13, while its 200-day Moving Average is $100.27. Nevertheless, the first resistance level for the watch stands at $92.05 in the near term. At $93.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $94.87. If the price goes on to break the first support level at $89.23, it is likely to go to the next support level at $87.47. Now, if the price goes above the second support level, the third support stands at $86.41.

Arch Capital Group Ltd (NASDAQ: ACGL) Key Stats

There are 376,242K outstanding shares of the company, which has a market capitalization of 35.00 billion. As of now, sales total 13,634 M while income totals 4,443 M. Its latest quarter income was 4,722 M while its last quarter net income were 988,000 K.