Arch Capital Group Ltd. (NASDAQ: ACGL) is 5.24% higher on its value in year-to-date trading and has touched a low of $41.05 and a high of $72.28 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ACGL stock was last observed hovering at around $62.74 in the last trading session, with the day’s gains setting it 3.33% off its average median price target of $76.50 for the next 12 months. It is also 23.17% off the consensus price target high of $86.00 offered by analysts, but current levels are -13.91% lower than the price target low of $58.00 for the same period.
Currently trading at $66.07, the stock is -3.66% and 0.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.7 million and changing 5.31% at the moment leaves the stock 23.17% off its SMA200. ACGL registered 41.15% gain for a year compared to 6-month gain of 40.51%.
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The stock witnessed a -0.32% loss in the last 1 month and extending the period to 3 months gives it a 10.30%, and is -3.38% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.20% over the week and 2.42% over the month.
Arch Capital Group Ltd. (ACGL) has around 5800 employees, a market worth around $25.18B and $9.50B in sales. Current P/E ratio is 17.35 and Fwd P/E is 9.83. Profit margin for the company is 15.10%. Distance from 52-week low is 60.95% and -8.59% from its 52-week high. The company has generated returns on investments over the last 12 months (8.90%).
Arch Capital Group Ltd. (ACGL) Analyst Forecasts
Arch Capital Group Ltd. is expected to release its quarterly report on 05/02/2023.The EPS is expected to shrink by -27.30% this year
Arch Capital Group Ltd. (ACGL) Top Institutional Holders
The shares outstanding are 365.87M, and float is at 358.48M with Short Float at 1.55%.
Arch Capital Group Ltd. (ACGL) Insider Activity
A total of 33 insider transactions have happened at Arch Capital Group Ltd. (ACGL) in the last six months, with sales accounting for 18 and purchases happening 15 times. The most recent transaction is an insider sale by Papadopoulo Nicolas, the company’s OFFICER OF SUBSIDIARY. SEC filings show that Papadopoulo Nicolas sold 30,000 shares of the company’s common stock on Mar 02 at a price of $70.16 per share for a total of $2.1 million. Following the sale, the insider now owns 0.76 million shares.
Arch Capital Group Ltd. disclosed in a document filed with the SEC on Feb 21 that Morin Francois (EVP AND CFO) sold a total of 15,814 shares of the company’s common stock. The trade occurred on Feb 21 and was made at $67.61 per share for $1.07 million. Following the transaction, the insider now directly holds 0.19 million shares of the ACGL stock.
Still, SEC filings show that on Feb 15, PASQUESI JOHN M (CHAIR) disposed off 26,329 shares at an average price of $67.01 for $1.76 million. The insider now directly holds 756,635 shares of Arch Capital Group Ltd. (ACGL).
Arch Capital Group Ltd. (ACGL): Who are the competitors?
The company’s main competitors (and peers) include Everest Re Group Ltd. (RE) that is trading 27.08% up over the past 12 months and AXIS Capital Holdings Limited (AXS) that is 3.29% higher over the same period. W. R. Berkley Corporation (WRB) is 0.78% up on the 1-year trading charts.
