Arch Capital Group Ltd (NASDAQ: ACGL) has reported earnings for its third fiscal quarter (ending September 30) of $2.62 versus $1.93 for the same period a year ago — an increase of 36%. For the latest four quarters through September 30, E.P.S. were $15.28 versus $7.96 for the same period a year ago — an increase of 92%.
Recent Price Action
Arch Capital Group Ltd (NASDAQ: ACGL) stock closed at $105.14 on 10/30/24 after a modest gain of 0.3%. This advance was accompanied by normal trading volume. The stock has declined -2.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ACGL is expected to continue to be a Value Builder.
Arch Capital Group has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Arch Capital Group has a slightly positive Appreciation Score of 68 and a good Power Rating of 83, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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