Arch Capital Group Ltd (NASDAQ: ACGL) has experienced a rise in its stock price by 1.23 compared to its previous closing price of 89.76. However, the company has seen a fall of -0.39% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-12 that Arch Capital (ACGL) remains poised to gain from new business opportunities, rate increases, strategic acquisitions and a solid capital position.
Is It Worth Investing in Arch Capital Group Ltd (NASDAQ: ACGL) Right Now?
The price-to-earnings ratio for Arch Capital Group Ltd (NASDAQ: ACGL) is above average at 7.82x, Company’s 36-month beta value is 0.58.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 1 as “sell.”
The public float for ACGL is 362.01M, and currently, short sellers hold a 0.97% ratio of that floaft. The average trading volume of ACGL on April 17, 2024 was 1.74M shares.
ACGL’s Market Performance
The stock of Arch Capital Group Ltd (ACGL) has seen a -0.39% decrease in the past week, with a -1.11% drop in the past month, and a 16.23% gain in the past quarter. The volatility ratio for the week is 1.95%, and the volatility levels for the past 30 days are at 1.75% for ACGL.. The simple moving average for the past 20 days is -0.87% for ACGL’s stock, with a 11.02% simple moving average for the past 200 days.
Analysts’ Opinion of ACGL
Many brokerage firms have already submitted their reports for ACGL stocks, with TD Cowen repeating the rating for ACGL by listing it as a “Outperform.” The predicted price for ACGL in the upcoming period, according to TD Cowen is $96 based on the research report published on January 10, 2024 of the current year 2024.
Evercore ISI, on the other hand, stated in their research note that they expect to see ACGL reach a price target of $88. The rating they have provided for ACGL stocks is “In-line” according to the report published on December 14th, 2023.
Citigroup gave a rating of “Neutral” to ACGL, setting the target price at $91 in the report published on November 22nd of the previous year.
ACGL Trading at 2.45% from the 50-Day Moving Average
After a stumble in the market that brought ACGL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.37% of loss for the given period.
Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 1.95%, as shares sank -0.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.08% upper at present.
During the last 5 trading sessions, ACGL fell by -0.39%, which changed the moving average for the period of 200-days by +24.41% in comparison to the 20-day moving average, which settled at $91.63. In addition, Arch Capital Group Ltd saw 22.34% 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 ACGL starting from Papadopoulo Nicolas, who sale 60,000 shares at the price of $87.52 back on Mar 07 ’24. After this action, Papadopoulo Nicolas now owns 651,931 shares of Arch Capital Group Ltd, valued at $5,251,302 using the latest closing price.
Morin Francois, the EVP AND CFO of Arch Capital Group Ltd, sale 25,689 shares at $87.47 during a trade that took place back on Mar 07 ’24, which means that Morin Francois is holding 221,779 shares at $2,247,030 based on the most recent closing price.
Stock Fundamentals for ACGL
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.92 for the gross margin
The net margin for Arch Capital Group Ltd stands at 0.33. The total capital return value is set at 0.08. Equity return is now at value 28.42, with 9.95 for asset returns.
Based on Arch Capital Group Ltd (ACGL), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 2.11. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is 18.84.
Currently, EBITDA for the company is 184.0 million with net debt to EBITDA at 0.54. When we switch over and look at the enterprise to sales, we see a ratio of 2.65. The receivables turnover for the company is 0.99for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.54.
Conclusion
In a nutshell, Arch Capital Group Ltd (ACGL) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
