Argo Group International Holdings, Ltd. (NASDAQ:AGII) has a mean price target of $60.00 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 $0.94 a share for the very next quarter and $3.94 for this year.
The technical study of Argo Group International Holdin demonstrates that the 50-day moving average of Argo Group International Holdings, Ltd. (NASDAQ:AGII) stock is $54.65, and is trading $1.72 points away or +3.14% from 50-day moving average of $54.65. It is trading $3.93 or +7.49% away 200-day moving average of $52.44.
The 52-week high of Argo Group International Holdings, Ltd. (NASDAQ:AGII) was $60.36 while $41.55 is the low mark in the same period. It state Argo Group International Holdin share price has to surge more than $-3.99 to hit 52-week high or drop +35.68% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Argo Group International Holdin, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Argo Group International Holdings, Ltd. (NASDAQ:AGII) ratio came in at 13.01, after dividing current equity price by yearly earnings. Argo Group International Holdin stock recorded a close of $56.37 in last trading session, registering a market cap of $1.69B.
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. Argo Group International Holdings, Ltd. (NASDAQ:AGII) PEG ratio is at 2.08.
1 Chart Pattern Every Investor Should Know
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