Arch Capital Group Ltd. (NASDAQ:ACGL) Projected EPS At $1.08 For Next Quarter


Arch Capital Group Ltd. (NASDAQ:ACGL) has a mean price target of $82.68 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $1.08 a share for the very next quarter and $4.32 for this year.

Technical View

The technical study of Arch Capital Group Ltd. demonstrates that the 50-day moving average of Arch Capital Group Ltd. (NASDAQ:ACGL) stock is $77.30, and is trading $3.55 points away or +4.59% from 50-day moving average of $77.30. It is trading $8.63 or +11.96% away 200-day moving average of $72.22.

The 52-week high of Arch Capital Group Ltd. (NASDAQ:ACGL) was $83.61 while $59.83 is the low mark in the same period. It state Arch Capital Group Ltd. share price has to surge more than $-2.76 to hit 52-week high or drop +35.13% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Arch Capital Group Ltd., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Arch Capital Group Ltd. (NASDAQ:ACGL) ratio came in at 20.90, after dividing current equity price by yearly earnings. Arch Capital Group Ltd. stock recorded a close of $80.85 in last trading session, registering a market cap of $9.75B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Arch Capital Group Ltd. (NASDAQ:ACGL) PEG ratio is at 2.38.

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