Everest Group Ltd (EG) saw an uptrend of 0.59% in the recent trading with $341.88 being its most recent. The current price level -16.06% lower than the highest price of $407.30 marked by the stock while trading over the past 52-weeks, whereas it is 6.84% higher than the lowest price of $320.00 the company dropped to over past 52-weeks. The latest news story on EG appeared in (Zacks) under the title “ORI Hits 52-Week High, Trades at a Discount: How to Play the Stock”.
Squeezing the time span to 30 day period shows us the stock is currently trading -3.08% below one month high and is +5.19% above of the lowest during that time. Looking into the simple moving average, Everest Group Ltd (EG)’s stock stands at a SMA-50 of $336.01 while that of 5-day is reading $341.03.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and EG’s SMA-200 as of now is $349.81.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent perfor mance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 5 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperfor m, the score of 3 means hold, and the score of 4 indicates underperfor m. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.35 for the stock.
Everest Group Ltd Earnings – What Happened With EG
Coming around sales and income figures on EG Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Everest Group Ltd (EG) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 24.63% for net revenue.
EG – Everest Group Ltd Stock Earnings Estimates
The perspective of Everest Group Ltd (NYSE:EG)’s current quarter earnings identifies that analysts are in consensus over the estimate of 11.73 for stock’s EPS in the current quarter. Everest Group Ltd (EG) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 24.63% for net revenue. Company’s EPS for the last quarter was 14.62.
Everest Group Ltd – Insider Activity and Holdings
Investors get the exact data about the key infor mation of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 41.90 million. EG does have institutional investors; and they hold 97.19% of the stock.
Key Metrics for EG
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors befor e start trading into a stock. In recently reported quarter, Everest Group Ltd has a debt to equity ratio of 0.24.
Technical Analysis of Everest Group Ltd (NYSE:EG) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Everest Group Ltd (EG), we notice that the stock’s 20-day average volume is at 284,990 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 337,804 shares. And to end, EG’s 100-day average volume is 370,306 shares with 50% of the long-term indicators pointing towards Sell for the stock.
