Everest Group (EG) Surges on Strong Volume

Large-cap Finance company Everest Group has moved 1.2% so far today on a volume of 111,230, compared to its average of 399,270.

Everest Group trades -14.02% away from its average analyst target price of $429.67 per share. The 9 analysts following the stock have set target prices ranging from $395.0 to $460.0, and on average have given Everest Group a rating of buy.

Anyone interested in buying EG should be aware of the facts below:

  • Everest Group's current price is 8.6% above its Graham number of $340.24, which implies that at its current valuation it does not offer a margin of safety

  • Based on its trailing earnings per share of 16.94, Everest Group has a trailing 12 month Price to Earnings (P/E) ratio of 21.8 while the S&P 500 average is 15.97

  • EG has a forward P/E ratio of 6.3 based on its forward 12 month price to earnings (EPS) of $58.4 per share

  • The company has a price to earnings growth (PEG) ratio of 0.28 — a number near or below 1 signifying that Everest Group is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 1.6 compared to its sector average of 1.57

  • Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally.

  • Based in Hamilton, the company has 2,428 full time employees and a market cap of $16.04 Billion. Everest Group currently returns an annual dividend yield of 1.8%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.