News articles about Argo Group International Holdings (NASDAQ:AGII) have trended somewhat positive on Sunday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Argo Group International Holdings earned a news impact score of 0.07 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 47.3235351589782 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- Argo International : Group Schedules Its 2017 Third Quarter Earnings Release and Conference Call (4-traders.com)
- $428.05 Million in Sales Expected for Argo Group International Holdings, Ltd. (AGII) This Quarter (americanbankingnews.com)
- Argo Group Schedules Its 2017 Third Quarter Earnings Release and Conference Call (finance.yahoo.com)
- Argo Group International Holdings, Ltd. (AGII) to Release Earnings on Monday (americanbankingnews.com)
- Argo Group International Holdings, Ltd. (AGII) Expected to Announce Earnings of -$2.06 Per Share (americanbankingnews.com)
Several equities research analysts have recently issued reports on AGII shares. Zacks Investment Research lowered Argo Group International Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. BidaskClub lowered Argo Group International Holdings from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $70.00 price objective on shares of Argo Group International Holdings in a research note on Tuesday, July 4th.
Shares of Argo Group International Holdings (NASDAQ:AGII) traded up 0.31% on Friday, hitting $64.05. The company had a trading volume of 96,887 shares. Argo Group International Holdings has a 12-month low of $54.40 and a 12-month high of $69.03. The firm has a market capitalization of $1.93 billion, a P/E ratio of 11.58 and a beta of 0.80. The firm has a 50 day moving average of $61.97 and a 200-day moving average of $61.79.
Argo Group International Holdings (NASDAQ:AGII) last released its quarterly earnings data on Monday, August 7th. The insurance provider reported $1.31 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.06 by $0.25. Argo Group International Holdings had a return on equity of 6.39% and a net margin of 10.04%. The company had revenue of $447.10 million during the quarter, compared to analysts’ expectations of $412.90 million. During the same period last year, the firm posted $1.20 earnings per share. The business’s revenue was up 15.2% on a year-over-year basis. On average, equities analysts predict that Argo Group International Holdings will post $0.84 EPS for the current year.
In other news, insider Mark E. Watson III sold 22,246 shares of the firm’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $60.19, for a total value of $1,338,986.74. Following the completion of the sale, the insider now directly owns 593,661 shares of the company’s stock, valued at $35,732,455.59. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 4.86% of the company’s stock.
Argo Group International Holdings Company Profile
Argo Group International Holdings, Ltd. is an underwriter of specialty insurance and reinsurance products in the property and casualty market. The Company operates through four segments: Excess and Surplus Lines, Commercial Specialty, International Specialty and Syndicate 1200. Excess and Surplus Lines segment carriers focus on risks that the standard (admitted) market is unwilling or unable to underwrite.
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