Shares of Alleghany Co. (NYSE:Y) have been given a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1-year consensus price objective of $625.00 for the company and are anticipating that the company will post $7.58 EPS for the current quarter, according to Zacks. Zacks has also given Alleghany an industry rank of 50 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research raised shares of Alleghany from a “hold” rating to a “strong-buy” rating and set a $639.00 target price on the stock in a report on Tuesday, November 28th.
Shares of Alleghany (NYSE Y) traded down $0.93 on Friday, hitting $584.92. 89,328 shares of the stock traded hands, compared to its average volume of 66,954. Alleghany has a 12 month low of $521.07 and a 12 month high of $667.19. The company has a market capitalization of $9,001.92, a PE ratio of -4,499.38 and a beta of 0.96. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.27 and a quick ratio of 0.27.
Alleghany (NYSE:Y) last announced its earnings results on Thursday, November 2nd. The insurance provider reported ($22.03) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($28.83) by $6.80. Alleghany had a net margin of 0.10% and a negative return on equity of 0.14%. The company had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the firm earned $10.09 earnings per share. sell-side analysts forecast that Alleghany will post -0.24 EPS for the current year.
Alleghany Corporation is an insurance holding company. The Company, through its subsidiary Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries, is engaged in the property and casualty insurance business. AIHL’s insurance operations are conducted by its subsidiaries RSUI Group, Inc (RSUI), CapSpecialty, Inc (CapSpecialty) and Pacific Compensation Corporation (PacificComp).
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