Assured Guaranty Ltd. (AGO): Look at its Technical Analysis

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Assured Guaranty Ltd. (NYSE:AGO) changes shares on Friday trading session, with a change of -2.78% or -$0.71 shares. The trading starts at $26.09 and closed at $25.58 throughout the day. The trading session low price was $24.676 and day high was $26.09 on Friday, June 19. After the session, the Financial sector daily volume shifted to 1.47 million while its average volume is 1.05M. In other hand, the AGO market cap reached to $2.22B. While, its current target price is $24.87 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -7.82% and down -4.53% for month. Its quarterly performance was 21.44% above, while its half year performance is down -49.98%. AGO yearly performance stood at negative -42.24% and fall -49.27% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AGO EPS (TTM) for 12-month is 2.92. EPS for this year is -13.50%, while for the next year its value is 3.33. Sales growth for the current quarter is 2.84 while its EPS Q/Q reached -214.40%. It has an EPS of -8.50% down for past five years and for the next five years will be up 3.00%.

Let’s take a look on the analyst recommendations on AGO for the current month and previous month. For the current month, 5 of 5 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 4 analysts participate in stock recommendation. Out of 4, 0 rated it sell, 4 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $46.00-$66.00. Average target price for AGO was reached at $56.75.

Vanguard Group, Inc. (The), Putnam Investments LLC and Wellington Management Company, LLP are the top three holders in Assured Guaranty Ltd. (AGO) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 9.13 million shares which valued 235.35 million. On Mar 30, 2020, Putnam Investments LLC owned 7.63 million shares which valued at 196.88 million. On Mar 30, 2020, Wellington Management Company, LLP has a total of 6.26 million shares which valued at 161.42 million. In the end, Wellington Management Company, LLP have 7.20% shares outstanding of Assured Guaranty Ltd. (AGO) on Mar 30, 2020. The insider ownership moved to 4.10% and institutional holding shifted to 99.50%.

The company posted an EPS (TTM) of 2.92. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 0.69, while 1.38 EPS posted a year ago period. Analyst Estimated EPS for AGO published in the report was 0.55-0.79 during the same period. Comparing with last year, the average estimated EPS was 1.38 which is higher than 0.36 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AGO fall -37.83% for period of 200 days. SMA for 50 days was -11.22% which is showing red signal, while SMA-20 was -9.73%. The moving average value for Assured Guaranty Ltd. (AGO) is 36.88 and 27.18 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AGO stock. On Mar 31, JONES THOMAS W, Director, bought 5,000 trading shares at the cost of $26.81, which valued at 0.13 million. On Mar 30, JONES THOMAS W, Director, bought 3,000 shares at the cost of $28.30, with total shares of 26,877. On Mar 27, Feldstein Andrew T, Chief Investment Officer, bought 5,000 shares at the cost of 25.98. After this transaction, Feldstein Andrew T total shares reached to 108,314 which valued at 0.13 million.