Is Arch Capital Group Ltd (NASDAQ: ACGL) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Arch Capital Group Ltd. to Report 2023 Fourth Quarter Results on February 14.

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Stocks Info

Arch Capital Group Ltd is listed on the NASDAQ in the Financial sector while operating in the Insurance – Diversified industry. At the end of the last regular session, the stock closed at $80.47 and fluctuated between $81.24 as its day high and $80.30 as its day low. The current market capitalization of Arch Capital Group Ltd is $30.03B. A total of 1.63 million shares were traded on the day, compared to an average of 1.97M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ACGL has seen 3 BUY and 5 SELL insider trades, representing the acquisition of 99,859 and the disposition of 412,759 shares. Over the last 12 months, there were 35 BUYs and 29 SELLs from insiders. Insiders purchased 346,799 shares during that period but sold 892,985.

In the most recent transaction, Papadopoulo Nicolas sold 60,000 shares of ACGL for 85.80 per share on Nov 22. After the transaction, the OFFICER OF SUBSIDIARY now owns 630,387 company shares. In a previous transaction on Nov 06, GRANDISSON MARC sold 103,028 shares at 85.01 per share. ACGL shares that CEO owns now total 1,937,157.

Among the insiders who sold shares, GRANDISSON MARC disposed of 246,972 shares on Nov 03 at a per-share price of $85.62. This resulted in the CEO holding 2,040,185 shares of ACGL after the transaction. In another insider transaction, Gansberg David sold 7,350 shares at $89.49 per share on Nov 02. Company shares held by the CEO, GLOBAL MORTGAGE GROUP now total 208,368.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ACGL in the last 3 months, the mean price target is $92.59 with high estimates of $103.00 and low estimates of $79.00. In terms of 52-week highs and lows, ACGL has a high of $90.65 and a low of $60.70.

As of this writing, ACGL has an earnings estimate of $2.02 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $2.31 per share and a lower estimate of $1.68. The company reported an EPS of $1.92 in the last quarter, which was 21.50% higher than expectations of $1.58.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. ACGL’s latest balance sheet shows that the firm has $22.40B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $38.62, while its Total Shareholder’s Equity was $13.56B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ACGL is Buy with a score of 4.29.

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