Arch Capital .(ACGL)
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Arch Capital Group (ACGL) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-10-16 23:05
Arch Capital Group (ACGL) closed the most recent trading day at $107.47, moving -0.55% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.47% for the day. Meanwhile, the Dow experienced a rise of 0.79%, and the technology-dominated Nasdaq saw an increase of 0.28%.Shares of the property and casualty insurer have depreciated by 5.18% over the course of the past month, underperforming the Finance sector's loss of 3.28% and the S&P 500's gain of 3.48%.Investors ...
Arch Capital: Navigating Insurance Cycles With Strong Pricing Power
Seeking Alpha· 2024-10-16 10:13
Editor's note: Seeking Alpha is proud to welcome Pythia Research as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.Pythia Research offers a unique perspective by combining a deep social sciences and psychology background with hands-on portfolio management and stock analysis expertise. Initially rooted in the behavioral sciences, Pythia’s journey began w ...
Arch Capital Group (ACGL) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-10-10 23:20
Arch Capital Group (ACGL) ended the recent trading session at $113.90, demonstrating a +0.72% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.21%. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq decreased by 0.05%.Shares of the property and casualty insurer have appreciated by 3.04% over the course of the past month, outperforming the Finance sector's loss of 4.48% and lagging the S&P 500's gain of ...
5 Low-Leverage Stocks to Buy Buoyed by Impressive Tech Earnings
ZACKS· 2024-10-09 15:03
Major U.S. stock indices ended in the green on Oct. 8, buoyed by strong earnings reports from a handful of tech stocks. Comparatively steadier U.S. treasury yields also boosted investors’ optimism, which was reflected in the form of positive price change on the bourses. This might encourage investors to spend on shares. However, keeping in mind the volatile situation of the world economy lately, it is advisable to choose stocks that come with low leverage, thereby carrying less risk during periods of uncer ...
Wall Street Bulls Look Optimistic About Arch Capital (ACGL): Should You Buy?
ZACKS· 2024-10-08 14:35
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Arch Capital Group (ACGL) .Arch Capital currently has an average ...
Arch Capital Group Ltd. (ACGL) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-10-07 14:16
Have you been paying attention to shares of Arch Capital Group (ACGL) ? Shares have been on the move with the stock up 4% over the past month. The stock hit a new 52-week high of $115.03 in the previous session. Arch Capital Group has gained 54.7% since the start of the year compared to the 18.1% move for the Zacks Finance sector and the 29.1% return for the Zacks Insurance - Property and Casualty industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it h ...
Arch Capital Group (ACGL) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-10-04 23:05
The latest trading session saw Arch Capital Group (ACGL) ending at $114.86, denoting a +1.78% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily gain of 0.9%. Elsewhere, the Dow gained 0.81%, while the tech-heavy Nasdaq added 1.22%. The the stock of property and casualty insurer has risen by 0.59% in the past month, leading the Finance sector's gain of 0.34% and undershooting the S&P 500's gain of 3.15%. The investment community will be closely monitoring the perf ...
Arch Capital Group (ACGL) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-10-03 23:20
Company Overview - Arch Capital Group (ACGL) ended the latest trading session at $112.85, reflecting a -0.78% adjustment from the previous day's close, underperforming the S&P 500's loss of 0.17% [1] - Over the past month, shares of Arch Capital have appreciated by 0.37%, outperforming the Finance sector's loss of 0.26% but lagging behind the S&P 500's gain of 1.25% [1] Upcoming Financial Results - Arch Capital Group is set to announce its earnings on October 30, 2024, with an expected EPS of $1.70, which represents a decline of 26.41% from the prior-year quarter [1] - The consensus estimate forecasts revenue to be $3.8 billion, indicating an 8.23% growth compared to the same quarter of the previous year [1] Analyst Estimates and Performance - For the annual period, Zacks Consensus Estimates anticipate earnings of $9.01 per share and revenue of $15.56 billion, reflecting increases of +6.63% and +15.33% respectively from the previous year [2] - Recent changes to analyst estimates for Arch Capital Group indicate short-term business trends, with positive revisions suggesting analyst optimism regarding the company's profitability [2] Zacks Rank and Valuation - Arch Capital Group currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate having moved 0.04% higher over the last 30 days [3] - The company is trading with a Forward P/E ratio of 12.62, which is a discount compared to the industry's average Forward P/E of 13.72 [3] - Arch Capital has a PEG ratio of 2.06, compared to the average PEG ratio of 1.71 in the Insurance - Property and Casualty industry [3] Industry Context - The Insurance - Property and Casualty industry is part of the Finance sector and holds a Zacks Industry Rank of 21, placing it in the top 9% of over 250 industries [4] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]
5 Low-Leverage Stocks to Buy Following Fed Interest Rate Cut
ZACKS· 2024-09-24 14:31
Major U.S. stock indices rose on Sept. 23, reflecting investors’ optimism, with Federal Reserve policymakers saying that the latest interest cut was meant to try to sustain what they see as an emerging and healthy balance in the U.S. economy (as reported by Reuters). This might encourage an investor to spend on shares. However, keeping in mind the volatile situation of the world economy lately, it is advisable to choose stocks that come with low leverage, thereby offering less risk during periods of uncerta ...
Wall Street Analysts Think Arch Capital (ACGL) Is a Good Investment: Is It?
ZACKS· 2024-09-19 14:36
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Arch Capital Group (ACGL) .Arch Capital currently has an average brokerage ...