News articles about Argo Group International (NASDAQ:AGII) have trended somewhat positive this week, Accern reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Argo Group International earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the insurance provider an impact score of 46.0123040304963 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
AGII has been the topic of a number of research analyst reports. Zacks Investment Research raised Argo Group International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 19th. BidaskClub upgraded Argo Group International from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. Finally, Keefe, Bruyette & Woods upgraded Argo Group International from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $67.00 to $71.00 in a research report on Thursday, December 28th.
Shares of Argo Group International (NASDAQ:AGII) opened at $62.65 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $1,859.51, a price-to-earnings ratio of 36.85 and a beta of 0.82. Argo Group International has a 1 year low of $56.15 and a 1 year high of $69.03.
Argo Group International (NASDAQ:AGII) last posted its quarterly earnings data on Thursday, November 2nd. The insurance provider reported ($1.91) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.99 by ($2.90). Argo Group International had a net margin of 3.15% and a return on equity of 1.36%. The firm had revenue of $439.20 million during the quarter, compared to analysts’ expectations of $433.90 million. During the same quarter in the prior year, the firm posted $1.12 EPS. Argo Group International’s quarterly revenue was up 5.4% compared to the same quarter last year. equities research analysts expect that Argo Group International will post 0.87 EPS for the current fiscal year.
In other Argo Group International news, Director Gary V. Woods acquired 20,000 shares of the stock in a transaction dated Wednesday, December 6th. The stock was acquired at an average cost of $61.28 per share, with a total value of $1,225,600.00. Following the transaction, the director now owns 44,652 shares in the company, valued at approximately $2,736,274.56. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Kevin James Rehnberg sold 2,500 shares of the company’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $59.74, for a total value of $149,350.00. Following the transaction, the insider now directly owns 30,793 shares of the company’s stock, valued at $1,839,573.82. The disclosure for this sale can be found here. Insiders have sold a total of 17,524 shares of company stock valued at $1,067,061 over the last three months. 4.86% of the stock is currently owned by insiders.
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About Argo Group International
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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