Arch Capital Group (NASDAQ:ACGL - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Monday, February 10th. Analysts expect Arch Capital Group to post earnings of $1.90 per share and revenue of $3.95 billion for the quarter. Parties interested in registering for the company's conference call can do so using this link.
Shares of Arch Capital Group stock opened at $93.50 on Friday. Arch Capital Group has a 12 month low of $80.97 and a 12 month high of $116.47. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $35.18 billion, a PE ratio of 6.28, a PEG ratio of 1.52 and a beta of 0.64. The stock's fifty day simple moving average is $93.45 and its 200 day simple moving average is $101.16.
A number of equities research analysts recently commented on ACGL shares. Wells Fargo & Company dropped their price objective on shares of Arch Capital Group from $109.00 to $107.00 and set an "overweight" rating on the stock in a report on Tuesday, January 14th. JPMorgan Chase & Co. dropped their price objective on Arch Capital Group from $110.00 to $106.00 and set a "neutral" rating on the stock in a research note on Friday, January 3rd. Keefe, Bruyette & Woods dropped their price objective on Arch Capital Group from $121.00 to $120.00 and set an "outperform" rating on the stock in a research note on Friday, January 10th. Royal Bank of Canada reduced their price objective on Arch Capital Group from $128.00 to $125.00 and set an "outperform" rating for the company in a report on Friday, November 1st. Finally, Barclays decreased their target price on Arch Capital Group from $120.00 to $100.00 and set an "equal weight" rating on the stock in a research report on Monday, January 6th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, Arch Capital Group presently has an average rating of "Moderate Buy" and an average target price of $118.00.
View Our Latest Report on Arch Capital Group
Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.
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