Argo Group International Holdings Ltd (ARGO) Forecast, Price Target & Analyst Ratings

NYSE:ARGO • BMG0464B1072

Current stock price

29.99 USD
-0.01 (-0.03%)
At close:
29.99 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Argo Group International Holdings Ltd (ARGO).

Forecast Snapshot

Consensus Price Target

Price Target
$30.60
+ 2.03% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Feb 26, 2024
Period
Q4 / 2023
EPS Estimate
$0.66
Revenue Estimate
375.16M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
45.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$30.60
Upside
+ 2.03%
From current price of $29.99 to mean target of $30.60, Based on 8 analyst forecasts
Low
$30.30
Median
$30.60
High
$31.50

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for ARGO. The average price target is 30.6 USD. This implies a price increase of 2.03% is expected in the next year compared to the current price of 29.99.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ARGO Current Analyst RatingARGO Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

ARGO Historical Analyst RatingsARGO Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
45.00%
ARGO was analyzed by 8 analysts. The buy percentage consensus is at 45. So analysts seem to be rather negative about ARGO.
In the previous month the buy percentage consensus was at a similar level.
ARGO was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-02-28Raymond JamesDowngrade Market Perform -> Underperform
2022-08-10Raymond JamesDowngrade Outperform -> Market Perform
2022-08-09Compass PointDowngrade Buy -> Neutral
2022-07-08Raymond JamesMaintains Outperform
2022-02-09Compass PointDowngrade Buy -> Neutral
2022-02-09Raymond JamesDowngrade Strong Buy -> Outperform
2021-11-04Raymond JamesMaintains Strong Buy
2021-10-18Morgan StanleyUpgrade Equal-Weight -> Overweight
2021-07-09Compass PointUpgrade Neutral -> Buy
2021-05-05Raymond JamesMaintains Strong Buy
2021-04-22Compass PointDowngrade Buy -> Neutral
2021-04-12Boenning & ScattergoodDowngrade Outperform -> Neutral
2021-03-15Compass PointUpgrade Neutral -> Buy
2021-03-15Raymond JamesMaintains Strong Buy
2021-02-22Raymond JamesMaintains Strong Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Feb 26, 2024
Period
Q4 / 2023
EPS Estimate
$0.66
Revenue Estimate
375.16M
Revenue Q2Q
-2.23%
EPS Q2Q
124.57%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
2.92%
EPS (1 Month)
0.00%
EPS (3 Months)
-2.75%

Next Earnings Summary

ARGO is expected to report earnings on 2/26/2024. The consensus EPS estimate for the next earnings is 0.66 USD and the consensus revenue estimate is 375.16M USD.
The next earnings revenue estimate has been revised upward by 2.92% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
ARGO revenue by date.ARGO revenue by date.
1.894B
-4.84%		2.13B
12.48%		1.791B
-15.93%		1.521B
-15.08%		1.526B
0.33%		1.746B
14.42%
EBITDA
YoY % growth
ARGO ebitda by date.ARGO ebitda by date.
29.1M
-66.74%		114.8M
294.50%		-78.3M
-168.21%		N/AN/AN/A
EBIT
YoY % growth
ARGO ebit by date.ARGO ebit by date.
-4.1M
-106.81%		71.4M
1,841.46%		-96.8M
-235.57%		N/AN/AN/A
Operating Margin
ARGO operating margin by date.ARGO operating margin by date.
-0.22%3.35%-5.40%N/AN/AN/A
EPS
YoY % growth
ARGO eps by date.ARGO eps by date.
-0.64
31.18%		1.18
284.38%		-0.12
-110.17%		0.83
791.48%		2.12
155.69%		2.50
17.79%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		0.66
124.57%		0.53
271.10%		0.53
2,752.00%		0.53
188.40%		0.53
-19.75%
Revenue
Q2Q % growth		375.16M
-2.23%		381.48M
-4.27%		381.48M
6.47%		381.48M
4.53%		381.48M
1.68%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ARGO Yearly Revenue VS EstimatesARGO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
ARGO Yearly EPS VS EstimatesARGO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1 2 3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
183.66%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-2.57%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Argo Group International Holdings Ltd / ARGO Forecast FAQ

Can you provide the average price target for Argo Group International Holdings Ltd stock?

8 analysts have analysed ARGO and the average price target is 30.6 USD. This implies a price increase of 2.03% is expected in the next year compared to the current price of 29.99.

Can you provide the upcoming earnings date for Argo Group International Holdings Ltd?

Argo Group International Holdings Ltd (ARGO) will report earnings on 2024-02-26, after the market close.

What are the consensus estimates for Argo Group International Holdings Ltd (ARGO) next earnings?

The consensus EPS estimate for the next earnings of Argo Group International Holdings Ltd (ARGO) is 0.66 USD and the consensus revenue estimate is 375.16M USD.

What is the expected long term growth rate for Argo Group International Holdings Ltd (ARGO)?

The expected long term growth rate for Argo Group International Holdings Ltd (ARGO) is -2.57%.