Market Analysts see Arch Capital Group Ltd. [ACGL] gaining to $43. Time to buy?

Arch Capital Group Ltd. [NASDAQ: ACGL] closed the trading session at $38.50 on 07/29/21. The day’s price range saw the stock hit a low of $37.75, while the highest price level was $38.76. The company report on July 29, 2021 that Arch Capital Group Ltd. Reports 2021 Second Quarter Results.

Arch Capital Group Ltd. (NASDAQ: ACGL) announces its 2021 second quarter results. The results included:.

Net income available to Arch common shareholders of $663.8 million, or $1.63 per share, a 21.2% annualized return on average common equity, compared to $288.4 million, or $0.71 per share, for the 2020 second quarter;.

The stocks have a year to date performance of 6.74 percent and weekly performance of 0.97 percent. The stock has been moved at 20.50 percent over the last six months. The stock has performed -1.00 percent around the most recent 30 days and changed -4.09 percent over the most recent 3-months.

If compared to the average trading volume of 1.71M shares, ACGL reached to a volume of 4145202 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Arch Capital Group Ltd. [ACGL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ACGL shares is $48.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ACGL stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JMP Securities have made an estimate for Arch Capital Group Ltd. shares, keeping their opinion on the stock as Mkt Outperform, with their previous recommendation back on January 19, 2021. While these analysts kept the previous recommendation, BofA/Merrill raised their target price to Buy. The new note on the price target was released on May 22, 2020, representing the official price target for Arch Capital Group Ltd. stock. Previously, the target price had yet another raise to $48, while Wells Fargo analysts kept a Overweight rating on ACGL stock. On November 12, 2019, analysts decreased their price target for ACGL shares from 44 to 40.

The Average True Range (ATR) for Arch Capital Group Ltd. is set at 0.81, with the Price to Sales ratio for ACGL stock in the period of the last 12 months amounting to 1.70. The Price to Book ratio for the last quarter was 1.25, with the Price to Cash per share for the same quarter was set at 2.36. Price to Free Cash Flow for ACGL in the course of the last twelve months was 5.13.

ACGL stock trade performance evaluation

Arch Capital Group Ltd. [ACGL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.97. With this latest performance, ACGL shares dropped by -1.00% in over the last four-week period, additionally plugging by 20.50% over the last 6 months – not to mention a rise of 24.76% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ACGL stock in for the last two-week period is set at 50.43, with the RSI for the last a single of trading hit 52.28, and the three-weeks RSI is set at 49.60 for Arch Capital Group Ltd. [ACGL]. The present Moving Average for the last 50 days of trading for this stock 38.85, while it was recorded at 38.47 for the last single week of trading, and 36.44 for the last 200 days.

Arch Capital Group Ltd. [ACGL]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Arch Capital Group Ltd. [ACGL] shares currently have an operating margin of -36.18. Arch Capital Group Ltd.’s Net Margin is presently recorded at +16.78.

Return on Total Capital for ACGL is now -18.97, given the latest momentum, and Return on Invested Capital for the company is 9.29. Return on Equity for this stock inclined to 11.43, with Return on Assets sitting at 4.02. When it comes to the capital structure of this company, Arch Capital Group Ltd. [ACGL] has a Total Debt to Total Equity ratio set at 24.06. Additionally, ACGL Total Debt to Total Capital is recorded at 19.39, with Total Debt to Total Assets ending up at 8.40. Long-Term Debt to Equity for the company is recorded at 25.58, with the Long-Term Debt to Total Capital now at 19.39.

Reflecting on the efficiency of the workforce at the company, Arch Capital Group Ltd. [ACGL] managed to generate an average of $311,645 per employee.

Earnings per share (EPS) analysis for Arch Capital Group Ltd. [ACGL] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ACGL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Arch Capital Group Ltd. go to 55.48%.

Arch Capital Group Ltd. [ACGL]: Insider Ownership positions

There are presently around $14,039 million, or 99.40% of ACGL stock, in the hands of institutional investors. The top three institutional holders of ACGL stocks are: ARTISAN PARTNERS LIMITED PARTNERSHIP with ownership of 35,666,219, which is approximately 13.034% of the company’s market cap and around 1.50% of the total institutional ownership; VANGUARD GROUP INC, holding 35,007,699 shares of the stock with an approximate value of $1.35 billion in ACGL stocks shares; and BAMCO INC /NY/, currently with $824.92 million in ACGL stock with ownership of nearly 2.01% of the company’s market capitalization.

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Positions in Arch Capital Group Ltd. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 227 institutional holders increased their position in Arch Capital Group Ltd. [NASDAQ:ACGL] by around 43,819,256 shares. Additionally, 163 investors decreased positions by around 13,199,001 shares, while 64 investors held positions by with 307,633,530 shares. The mentioned changes placed institutional holdings at 364,651,787 shares, according to the latest SEC report filing. ACGL stock had 65 new institutional investments in for a total of 9,754,989 shares, while 37 institutional investors sold positions of 3,192,742 shares during the same period.

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