This summary was created by AI, based on 3 opinions in the last 12 months.
Arch Capital Group Ltd (ACGL-Q) is a Bermuda based $29 billion market cap travel-focused general liability insurance company that is well positioned for the expected 15% increase in global travel. It has shown strong growth, with a 34% increase over the last 4 quarters and double-digit growth over the last 36 months. It trades at 10x earnings, under 2x book value, and supports a 21% ROE. The experts recommend placing a stop-loss at $73 and anticipate an upside potential of 29% to achieve $95. The stock is progressing well and has growing cash reserves, making it an attractive investment option.
Rare to find a financial company that grows 34% over the last 4 quarters and double digits the last 36 months.
Arch Captal Group Ltd is a American stock, trading under the symbol ACGL-Q on the NASDAQ (ACGL). It is usually referred to as NASDAQ:ACGL or ACGL-Q
In the last year, 5 stock analysts published opinions about ACGL-Q. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Arch Captal Group Ltd.
Arch Captal Group Ltd was recommended as a Top Pick by on . Read the latest stock experts ratings for Arch Captal Group Ltd.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Arch Captal Group Ltd In the last year. It is a trending stock that is worth watching.
On 2024-10-21, Arch Captal Group Ltd (ACGL-Q) stock closed at a price of $108.5.
Our PAST TOP PICK with ACGL is progressing well. To remain disciplined, we recommend trailing up the stop (from $95) to $105 at this time.