What Assured Guaranty Ltd. (AGO) Insiders Are Up To

Assured Guaranty Ltd. (NYSE:AGO) finished Friday with a subtraction of -$0.14 to close at $54.72, a downside of -0.26 percent. An average of 424,920 shares of common stock have been traded in the last five days. There was a gain of $1.86 in the past week, and it reached a new high 34 times over the past 12 months. The last 20 days have seen an average of 495,360 shares traded, while the 50-day average volume stands at 432,948.

AGO stock has increased by 14.84% in the last month. The company shares reached their 1-month lowest point of $45.71 on 09/29/21. With the stock rallying to its 52-week high on 10/22/21, shares of the company touched a low of $24.02 and a high of $55.22 in 52 weeks. It has reached a new high 30 times so far this year and achieved 73.77% or $23.23 in price. In spite of this, the price is down -0.91% from the 52-week high.


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Insider Transactions

156 days have passed since Assured Guaranty Ltd. (AGO) last reported insider trading activity. Brewer Russell B. II, who is Chief Surveillance Officer, most recently acquired $1,141 shares at $47.00 per share on May 20. In this transaction, the insider spent $53,627. Chief Surveillance Officer, Brewer Russell B. II, disposed of 18,859 shares at a price of $47.00 on May 18. The insider now owns more than $886,373 worth of shares. Prior to that, Chief Risk Officer Albert Howard went on to Sale 50,000 shares at $46.16 each on May 13. An amount of $2,308,000 was transacted.

Valuation Metrics

Assured Guaranty Ltd. (AGO) has a trailing price-to-earnings (P/E) ratio of 12.79, which compares with the 13.00 for the broader industry and 13.15 for the sector. In the last five years, Assured Guaranty Ltd.’s PE ratio has ranged between 14.68 and 3.610. The stock’s beta is 1.22. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.24, the price-to-book (PB) ratio at 0.63.

Assured Guaranty Ltd. pays a $0.88 dividend per share annually. It offers a dividend yield of 1.61%. The company has a payout ratio of 19.40%. The company’s most recent quarterly dividend payment took place on Sep. 1, and it was $0.22 a share, without any change from last year. Its dividend has been increased for the last 10 consecutive years with the latest increase dividend $0.02 reported on Thursday February 25 2021.Dividends have grown by 40.35% each year over the last three years.

Further, the company has a long term debt to equity ratio of 0.26 and a total debt to equity ratio of 0.26 for the quarter ending June 29. Its gross profit as reported stood at $413.0 million compared to revenue of $1.11 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Assured Guaranty Ltd.’s return on assets was 2.20%. For the broader industry, ROE averaged 11.41 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Assured Guaranty Ltd. had $1.72 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $98.0 million in the quarter, while revenues were shrunk -86.73%. The analyst consensus anticipated Assured Guaranty Ltd.’s latest quarter earnings to come in at $0.76 per share, but it turned out to be $1.59, a 109.20% surprise. For the quarter, EBITDA amounted to $114.0 million. At the end of the quarter ending June 29, Assured Guaranty Ltd.’s stock balance sheet showed total debt was $1.29 billion. Shareholders own equity worth $73.01 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Assured Guaranty Ltd. (AGO) price momentum. RSI 9-day as of the close on 22 October was 86.68%, suggesting the stock is Overbought, with historical volatility in this time frame at 11.45%.

As of today, AGO’s price is $54.17 +3.52% or $1.86 from its 5-day moving average. AGO is currently trading +16.08% higher than its 20-day SMA and +13.76% higher than its 100-day SMA. However, the stock’s current price level is +9.11% above the SMA50 and +52.17% above the SMA200.

The stochastic %K and %D were 94.51% and 95.54%, respectively, and the average true range (ATR) was 1.15. With the 14-day stochastic at 88.56% and the average true range at 1.17, the RSI (14) stands at 79.68%. The stock has reached 1.76 on the 9-day MACD Oscillator while the 14-day reading was at 3.09.

Analyst Ratings

The consensus rating for Assured Guaranty Ltd. (AGO) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AGO, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.

What is AGO’s price target for the next 12 months?

Analysts predict a range of price targets between $56.00 and $60.00, with a median target of $58.00. Taking a look at these predictions, the average price target given by analysts for Assured Guaranty Ltd. (AGO) stock is $58.00.

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