Alleghany (NYSE:Y) Given News Sentiment Score of 0.17

Media stories about Alleghany (NYSE:Y) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Alleghany earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 46.4668150065589 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media stories that may have effected Accern Sentiment’s scoring:

NYSE:Y opened at $626.61 on Friday. The firm has a market capitalization of $9.35 billion, a PE ratio of 307.16 and a beta of 0.90. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.26 and a quick ratio of 0.26. Alleghany has a twelve month low of $529.81 and a twelve month high of $646.55.

Alleghany (NYSE:Y) last released its quarterly earnings data on Thursday, August 2nd. The insurance provider reported $9.78 earnings per share for the quarter, beating the consensus estimate of $8.41 by $1.37. The company had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.48 billion. Alleghany had a net margin of 4.48% and a return on equity of 3.51%. Alleghany’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.37 EPS. analysts forecast that Alleghany will post 38 EPS for the current fiscal year.

A number of research analysts have recently issued reports on Y shares. ValuEngine upgraded shares of Alleghany from a “hold” rating to a “buy” rating in a research report on Thursday, July 26th. Zacks Investment Research downgraded shares of Alleghany from a “strong-buy” rating to a “hold” rating in a research report on Sunday, July 8th.

Alleghany Company Profile

Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. The company operates in two segments, Reinsurance and Insurance. The Reinsurance segment offers property reinsurance products, including fire, allied lines, auto physical damage, and homeowners multiple peril reinsurance products; and casualty and other reinsurance products, such as liability, medical malpractice, ocean marine and aviation, auto liability, accident and health, surety, and credit reinsurance products.

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Insider Buying and Selling by Quarter for Alleghany (NYSE:Y)

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