Arch Capital Group (ACGL) Rises Higher Than Market: Key Facts

Company Performance - Arch Capital Group (ACGL) ended the recent trading session at $97.16, showing a +0.68% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.28% [1] - Over the past month, shares of Arch Capital have depreciated by 0.78%, which is better than the Finance sector's loss of 2.84% but lagging behind the S&P 500's gain of 3.78% [1] Earnings Forecast - Arch Capital Group is expected to release its earnings on July 30, 2024, with a forecasted EPS of $2.16, reflecting a 12.5% increase from the same quarter last year [2] - The revenue forecast for the upcoming quarter is $3.9 billion, indicating a growth of 21.54% compared to the corresponding quarter of the previous year [2] - For the full year, the projected earnings are $8.58 per share and revenue of $16.06 billion, showing changes of +1.54% and +19.06% respectively from the previous year [2] Analyst Projections - Recent shifts in analyst projections for Arch Capital Group are important, as positive estimate revisions are seen as a good sign for the company's business outlook [3] - The Zacks Consensus EPS estimate has increased by 0.3% in the past month, and Arch Capital currently holds a Zacks Rank of 3 (Hold) [3] Valuation Metrics - Arch Capital Group has a Forward P/E ratio of 11.25, which is lower than the industry average Forward P/E of 12.55 [4] - The company has a PEG ratio of 1.61, compared to the industry average PEG ratio of 1.57 [4] - The Insurance - Property and Casualty industry, to which Arch Capital belongs, ranks in the top 22% of all industries, with a Zacks Industry Rank of 55 [4]