Stock of the Day: ACE Limited (NYSE: ACE) Print
Written by MsEconometrica   
Friday, 19 August 2011 07:17

ACE Limited, headquartered in Zurich- Switzerland, is a leading company providing commercial property, Property & Casualty insurance and reinsurance worldwide. ACE Limited, the holding company of the ACE Group, serves in more than 170 countries, for the insurance needs of individual and commercial customers. The ACE Group has clients consist of multinational corporations, and local businesses with a physical presence in 53 countries. ACE Limited operates in four segments: The Global Reinsure segment; The Insurance Overseas General segment; The Insurance-North American segment; and The Life segment. ACE Limited, listed on the New York Stock Exchange (NYSE: ACE), is a component of the Standard & Poor’s 500 stock index. As a result of its financial strength, the operating insurance companies of ACE Limited  rated “AA-“ (Very Strong) by Standard & Poor’s.

ACE Limited has a market cap of $20.64 billion. ACE has a P/E ratio of 8.21 and forward P/E ratio of 8.15. For the second-quarter of 2011 results, operating cash flow was 1.060, representing an increase 22% compared the same period of 2010. ACE Limited raised its earning estimation in the range of $6 to $6.2 per share, an increase in the last six months of the year. ACE Limited offered 2.29% dividend yield with a profit margin of 15.54% last year. Analysts estimate ACE to have a 20.61% EPS growth this year and 10.43% EPS growth in the next 5 years. ACE stocks have a Total Debt/Equity ratio of 0.20 and Beta of 0.68. ACE stocks  gained almost 29% over the last year. ACE  currently traded at $61.07.


Last Updated on Monday, 22 August 2011 18:44