Everest Group Ltd (NYSE: EG) is 5.37% higher on its value in year-to-date trading and has touched a low of $343.76 and a high of $417.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EG stock was last observed hovering at around $407.04 in the last trading session, with the day’s loss setting it -34.49%.
Currently trading at $372.55, the stock is -4.09% and -2.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -8.47% at the moment leaves the stock -1.32% off its SMA200. EG registered -3.75% loss for a year compared to 6-month gain of -2.25%. The firm has a 50-day simple moving average (SMA 50) of $381.9912 and a 200-day simple moving average (SMA200) of $377.55594.
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The stock witnessed a -2.83% loss in the last 1 month and extending the period to 3 months gives it a -0.07%, and is -4.92% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.27% over the week and 2.13% over the month.
Everest Group Ltd (EG) has around 2844 employees, a market worth around $16.12B and $16.01B in sales. Current P/E ratio is 5.50 and Fwd P/E is 5.48. Profit margin for the company is 18.15%. Distance from 52-week low is 8.38% and -10.86% from its 52-week high. The company has generated returns on investments over the last 12 months (16.54%).
with sales reaching $4.1B over the same period.The EPS is expected to shrink by -6.52% this year, but quarterly earnings will post 22.40% year-over-year. Quarterly sales are estimated to grow 16.70% in year-over-year returns.
Everest Group Ltd (EG) Top Institutional Holders
939.0 institutions hold shares in Everest Group Ltd (EG), with institutional investors hold 96.91% of the company’s shares. The shares outstanding are 43.40M, and float is at 32.96M with Short Float at 3.86%. Institutions hold 95.58% of the Float.
Everest Group Ltd (EG) Insider Activity
The most recent transaction is an insider sale by Losquadro Geraldine, the company’s Director. SEC filings show that Losquadro Geraldine sold 1,000 shares of the company’s common stock on May 09 ’24 at a price of $380.49 per share for a total of $0.38 million. Following the sale, the insider now owns 12843.0 shares.
Everest Group Ltd disclosed in a document filed with the SEC on Feb 12 ’24 that Singer Roger M. (Director) bought a total of 500 shares of the company’s common stock. The trade occurred on Feb 12 ’24 and was made at $357.21 per share for $0.18 million. Following the transaction, the insider now directly holds 16920.0 shares of the EG stock.
Still, SEC filings show that on Feb 12 ’24, GRAF JOHN A (Director) acquired 695 shares at an average price of $356.75 for $0.25 million. The insider now directly holds 14,754 shares of Everest Group Ltd (EG).
