On Friday, Arch Capital Group Ltd (NASDAQ: ACGL) was 0.02% up from the session before settling in for the closing price of $91.38. A 52-week range for ACGL has been $71.17 – $110.75.
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A company in the Financial sector has jumped its sales by 19.15% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 3.96%. With a float of $363.55 million, this company’s outstanding shares have now reached $376.20 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 and Institutional Ownership
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 89.53%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 3.96% 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 2.11. Likewise, its price to free cash flow for the trailing twelve months is 5.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.89, a number that is poised to hit 1.81 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 1.16 million. That was inferior than the volume of 1.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 68.68%. Additionally, its Average True Range was 1.66.
During the past 100 days, Arch Capital Group Ltd’s (ACGL) raw stochastic average was set at 10.27%, which indicates a significant decrease from 49.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.31% in the past 14 days, which was lower than the 27.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $97.39, while its 200-day Moving Average is $100.32. However, in the short run, Arch Capital Group Ltd’s stock first resistance to watch stands at $91.98. Second resistance stands at $92.56. The third major resistance level sits at $93.11. If the price goes on to break the first support level at $90.85, it is likely to go to the next support level at $90.30. The third support level lies at $89.72 if the price breaches the second support level.
Arch Capital Group Ltd (NASDAQ: ACGL) Key Stats
There are 376,242K outstanding shares of the company, which has a market capitalization of 34.40 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.
