An Evaluation Of Arch Capital Group Ltd (NASDAQ: ACGL) Prospects

After Hours

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. Earlier, Yahoo Finance discussed this stock as it revealed Arch Capital Group Ltd. Reports 2023 Fourth Quarter Results.

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Stocks Info

ACGL belongs to the Financial sector of the NASDAQ while operating in the Insurance – Diversified industry. At the end of the last regular session, the stock closed at $90.31 and fluctuated between $90.49 as its day high and $87.61 as its day low. The current market capitalization of Arch Capital Group Ltd is $33.79B. A total of 2.11 million shares were traded on the day, compared to an average of 1.72M shares.

In the most recent transaction, Papadopoulo Nicolas sold 60,000 shares of ACGL for 87.52 per share on Mar 07 ’24. After the transaction, the OFFICER OF SUBSIDIARY now owns 651,931 company shares. In a previous transaction on Mar 07 ’24, Morin Francois sold 25,689 shares at 87.47 per share. ACGL shares that EVP AND CFO owns now total 221,779.

Among the insiders who sold shares, Rajeh Maamoun disposed of 50,000 shares on Mar 05 ’24 at a per-share price of $87.48. This resulted in the CHAIRMAN & CEO ARCH RE GROUP holding 336,170 shares of ACGL after the transaction. In another insider transaction, Papadopoulo Nicolas sold 60,000 shares at $85.80 per share on Nov 22 ’23. Company shares held by the OFFICER OF SUBSIDIARY now total 630,387.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ACGL has a high of $90.65 and a low of $62.10.

As of this writing, ACGL has an earnings estimate of $2.05 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $2.18 per share and a lower estimate of $1.82. The company reported an EPS of $2.31 in the last quarter, which was 43.50% higher than expectations of $1.61.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $46.93, while its Total Shareholder’s Equity was $13.56B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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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