At the time of writing, Arch Capital Group Ltd [ACGL] stock is trading at $107.00, down -0.73%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ACGL shares have lost -0.44% over the last week, with a monthly amount drifted -5.60%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Arch Capital Group Ltd [NASDAQ: ACGL] stock has seen the most recent analyst activity on September 05, 2024, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $120. Previously, ROTH MKM reaffirmed its Buy rating on August 23, 2024, and elevated its price target to $125. On January 10, 2024, TD Cowen initiated with a Outperform rating and assigned a price target of $96 on the stock. Evercore ISI started tracking the stock assigning a In-line rating and suggested a price target of $88 on December 14, 2023. Citigroup initiated its recommendation with a Neutral and recommended $91 as its price target on November 22, 2023. Deutsche Bank started tracking with a Buy rating for this stock on October 05, 2023, and assigned it a price target of $81. In a note dated September 08, 2023, Goldman initiated an Neutral rating and provided a target price of $80 on this stock.
For the past year, the stock price of Arch Capital Group Ltd fluctuated between $72.85 and $116.47. Currently, Wall Street analysts expect the stock to reach $98.6 within the next 12 months. Arch Capital Group Ltd [NASDAQ: ACGL] shares were valued at $107.00 at the most recent close of the market. An investor can expect a potential drop of -7.85% based on the average ACGL price forecast.
Analyzing the ACGL fundamentals
According to Arch Capital Group Ltd [NASDAQ:ACGL], the company’s sales were 15.05B for trailing twelve months, which represents an 31.33% jump. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.3 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 106.28 points at the first support level, and at 105.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 107.81, and for the 2nd resistance point, it is at 108.63.
Ratios To Look Out For
It is important to note that Arch Capital Group Ltd [NASDAQ:ACGL] has a current ratio of 0.59. Considering the valuation of this stock, the price to sales ratio is 2.67, the price to book ratio is 2.03 and price to earnings (TTM) ratio is 7.53.
Transactions by insiders
Recent insider trading involved Morin Francois, EVP AND CFO, that happened on Aug 16 ’24 when 11460.0 shares were sold. Officer, Morin Francois completed a deal on Aug 16 ’24 to buy 11460.0 shares. Meanwhile, CEO, GLOBAL MORTGAGE GROUP Gansberg David sold 10000.0 shares on May 06 ’24.
