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Arch Capital Group (ACGL) Ascends While Market Falls: Some Facts to Note
ACGLArch Capital .(ACGL) ZACKS·2024-12-20 00:06

Company Performance - Arch Capital Group (ACGL) ended the latest trading session at 88.99,reflectinga+0.3288.99, reflecting a +0.32% adjustment from the previous close, outperforming the S&P 500's daily loss of 0.09% [1] - Over the past month, shares of Arch Capital Group have decreased by 7.31%, which is worse than the Finance sector's loss of 4.24% and the S&P 500's loss of 0.29% [1] Earnings Forecast - The upcoming earnings disclosure is expected to show an EPS of 2.03, representing an 18.47% decline from the same quarter last year [2] - Revenue is anticipated to be 4.23billion,indicatinga15.254.23 billion, indicating a 15.25% increase compared to the same quarter last year [2] Annual Estimates - For the annual period, Zacks Consensus Estimates project earnings of 8.99 per share and revenue of $16.16 billion, reflecting increases of +6.39% and +19.76% respectively from the previous year [3] Analyst Sentiment - Recent changes to analyst estimates for Arch Capital Group are crucial as they often indicate near-term business trends, with upward revisions suggesting positive sentiment towards the company's operations [3] Valuation Metrics - Arch Capital Group is currently trading at a Forward P/E ratio of 9.86, which is lower than the industry average of 13.13 [6] - The company has a PEG ratio of 1.41, compared to the industry average PEG ratio of 1.3 [6] Industry Ranking - The Insurance - Property and Casualty industry, which includes Arch Capital Group, has a Zacks Industry Rank of 22, placing it in the top 9% of over 250 industries [7] - The top 50% rated industries tend to outperform the bottom half by a factor of 2 to 1 [7]