Assured Guaranty Ltd (NYSE: AGO)’s stock price has gone decline by -2.09 in comparison to its previous close of 81.26, however, the company has experienced a -4.52% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-04 that With a number of insurance stocks currently holding spots on the Zacks Rank #1 (Strong Buy) list, the Zacks Insurance-Multi Line Industry is standing out in particular.
Is It Worth Investing in Assured Guaranty Ltd (NYSE: AGO) Right Now?
Assured Guaranty Ltd (NYSE: AGO) has a higher price-to-earnings ratio of 6.36x compared to its average ratio. AGO has 36-month beta value of 1.13. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AGO is 52.19M, and currently, short sellers hold a 1.88% ratio of that float. The average trading volume of AGO on April 12, 2024 was 378.50K shares.
AGO’s Market Performance
The stock of Assured Guaranty Ltd (AGO) has seen a -4.52% decrease in the past week, with a -12.48% drop in the past month, and a 5.25% gain in the past quarter. The volatility ratio for the week is 1.86%, and the volatility levels for the past 30 days are at 1.93% for AGO.. The simple moving average for the past 20 days is -9.19% for AGO’s stock, with a 13.77% simple moving average for the past 200 days.
Analysts’ Opinion of AGO
Many brokerage firms have already submitted their reports for AGO stocks, with Keefe Bruyette repeating the rating for AGO by listing it as a “Mkt Perform.” The predicted price for AGO in the upcoming period, according to Keefe Bruyette is $92 based on the research report published on April 01, 2024 of the current year 2024.
Compass Point, on the other hand, stated in their research note that they expect to see AGO reach a price target of $84. The rating they have provided for AGO stocks is “Buy” according to the report published on November 28th, 2022.
UBS gave a rating of “Neutral” to AGO, setting the target price at $65 in the report published on April 05th of the previous year.
AGO Trading at -8.14% from the 50-Day Moving Average
After a stumble in the market that brought AGO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.64% of loss for the given period.
Volatility was left at 1.93%, however, over the last 30 days, the volatility rate increased by 1.86%, as shares sank -12.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.94% lower at present.
During the last 5 trading sessions, AGO fell by -4.52%, which changed the moving average for the period of 200-days by +48.57% in comparison to the 20-day moving average, which settled at $87.06. In addition, Assured Guaranty Ltd saw 6.32% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AGO starting from FREDERICO DOMINIC, who sale 55,000 shares at the price of $92.43 back on Mar 20 ’24. After this action, FREDERICO DOMINIC now owns 1,450,824 shares of Assured Guaranty Ltd, valued at $5,083,914 using the latest closing price.
BUHL G LAWRENCE, the Director of Assured Guaranty Ltd, sale 2,500 shares at $71.26 during a trade that took place back on Dec 15 ’23, which means that BUHL G LAWRENCE is holding 43,507 shares at $178,150 based on the most recent closing price.
Stock Fundamentals for AGO
Current profitability levels for the company are sitting at:
- 0.5 for the present operating margin
- 0.86 for the gross margin
The net margin for Assured Guaranty Ltd stands at 0.61. The total capital return value is set at 0.05. Equity return is now at value 13.71, with 5.03 for asset returns.
Based on Assured Guaranty Ltd (AGO), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 6.8.
Currently, EBITDA for the company is 646.0 million with net debt to EBITDA at 3.45. When we switch over and look at the enterprise to sales, we see a ratio of 4.93. The receivables turnover for the company is 0.69for trailing twelve months and the total asset turnover is 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.16.
Conclusion
To put it simply, Assured Guaranty Ltd (AGO) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
