Market Update: ACE Limited (NYSE:ACE) – ACE to Hold its Fourth Quarter Earnings Conference Call on Wednesday, January 27, 2016

[Business Wire] – ACE Limited will hold its fourth quarter earnings conference call on Wednesday, January 27, 2016, beginning at 8:30 a.m. Eastern. Read more on this. ACE Limited (ACE) , with a current value of $35.65B, opened at $112.20. Today, shares have traded between $109.72 and $112.38 per share with its 52-week range being $96.00 to $119.86. ACE (ACE) shares are currently priced at 11.56x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 14.05x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $2.68 per share annually in dividends, yielding 2.29%. Consensus earnings for the current quarter by the 24 sell-side analysts covering the stock is an estimate of $2.26 per share, which would be $0.21 worse than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $9.65 which would be a $0.14 worse than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.88 Billion. If realized, that would be a 2.11% increase over the year-ago quarter. More recently, Goldman upgraded ACE from Neutral to Buy (Sep 25, 2015). Previously, Sandler O’Neill upgraded ACE from Hold to Buy. With the above information in mind, readers should note that the average price target is $124.17, which is 10.67% above where the stock opened this morning. See more in (NYSE:ACE) Similar Articles: Stock Update (NYSE:MET): MetLife to Hold Conference Call for Fourth Quarter and Full Year 2015 Results Market Update: ACE Limited (NYSE:ACE) – ACE Shareholders Approve Acquisition of Chubb Company Update: ACE Limited (NYSE:ACE) – ACE to Hold its Third Quarter Earnings Conference Call on Wednesday, October 21, 2015