UBS Group Issues Pessimistic Forecast for Arch Capital Group (NASDAQ:ACGL) Stock Price

Arch Capital Group (NASDAQ:ACGL) had its price objective lowered by equities researchers at UBS Group from $131.00 to $127.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the insurance provider’s stock. UBS Group’s target price would suggest a potential upside of 43.20% from the company’s current price.

A number of other equities research analysts have also recently commented on ACGL. Morgan Stanley decreased their target price on shares of Arch Capital Group from $115.00 to $110.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. BMO Capital Markets increased their target price on shares of Arch Capital Group from $98.00 to $104.00 and gave the company a “market perform” rating in a research report on Wednesday, November 6th. Royal Bank of Canada decreased their target price on shares of Arch Capital Group from $125.00 to $110.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. JPMorgan Chase & Co. cut their price target on shares of 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. Finally, Wells Fargo & Company cut their price target on shares of Arch Capital Group from $107.00 to $106.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $117.19.

Arch Capital Group Price Performance

Shares of ACGL opened at $88.69 on Tuesday. Arch Capital Group has a fifty-two week low of $83.97 and a fifty-two week high of $116.47. The company has a 50 day moving average price of $92.17 and a 200-day moving average price of $100.76. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.58 and a current ratio of 0.54. The stock has a market capitalization of $33.37 billion, a PE ratio of 7.92, a PEG ratio of 2.25 and a beta of 0.64.

Arch Capital Group (NASDAQ:ACGL) last posted its earnings results on Monday, February 10th. The insurance provider reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.36. Arch Capital Group had a net margin of 24.73% and a return on equity of 17.96%. During the same quarter in the previous year, the business earned $2.45 earnings per share. Equities analysts predict that Arch Capital Group will post 8.64 earnings per share for the current fiscal year.

Institutional Trading of Arch Capital Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Quantbot Technologies LP acquired a new stake in shares of Arch Capital Group in the third quarter worth $25,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Arch Capital Group in the fourth quarter worth $37,000. Ashton Thomas Securities LLC acquired a new stake in shares of Arch Capital Group in the third quarter worth $50,000. Golden State Wealth Management LLC acquired a new stake in shares of Arch Capital Group in the fourth quarter worth $42,000. Finally, Y.D. More Investments Ltd grew its position in Arch Capital Group by 125.6% during the fourth quarter. Y.D. More Investments Ltd now owns 467 shares of the insurance provider’s stock valued at $43,000 after buying an additional 260 shares during the period. Institutional investors and hedge funds own 89.07% of the company’s stock.

Arch Capital Group Company Profile

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.