Stock Surge: Everest Group Ltd (EG) Closes at 355.61, Marking a -6.42 Increase/Decrease

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In the latest session, Everest Group Ltd (NYSE: EG) closed at $355.61 down -6.42% from its previous closing price of $380.00. In other words, the price has decreased by -$6.42 from its previous closing price. On the day, 1.02 million shares were traded. EG stock price reached its highest trading level at $370.04 during the session, while it also had its lowest trading level at $353.0.

Ratios:

For a deeper understanding of Everest Group Ltd’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on September 05, 2024, initiated with a Overweight rating and assigned the stock a target price of $527.

On February 12, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $452 to $375.

Wells Fargo Downgraded its Overweight to Equal Weight on February 09, 2024, whereas the target price for the stock was revised from $484 to $402.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 09 ’24 when Losquadro Geraldine sold 1,000 shares for $380.49 per share. The transaction valued at 380,490 led to the insider holds 12,843 shares of the business.

Singer Roger M. bought 500 shares of EG for $178,605 on Feb 12 ’24. The Director now owns 16,920 shares after completing the transaction at $357.21 per share. On Feb 12 ’24, another insider, GRAF JOHN A, who serves as the Director of the company, bought 695 shares for $356.75 each. As a result, the insider paid 247,941 and bolstered with 14,754 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EG now has a Market Capitalization of 16443938816 and an Enterprise Value of 13196447744. As of this moment, Everest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.25, and their Forward P/E ratio for the next fiscal year is 5.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 0.808.

Stock Price History:

Over the past 52 weeks, EG has reached a high of $417.92, while it has fallen to a 52-week low of $343.76. The 50-Day Moving Average of the stock is -8.03%, while the 200-Day Moving Average is calculated to be -6.28%.

Shares Statistics:

For the past three months, EG has traded an average of 372.21K shares per day and 430930 over the past ten days. A total of 43.40M shares are outstanding, with a floating share count of 32.96M. Insiders hold about 23.84% of the company’s shares, while institutions hold 94.57% stake in the company. Shares short for EG as of 1728950400 were 980635 with a Short Ratio of 2.63, compared to 1726185600 on 1273506. Therefore, it implies a Short% of Shares Outstanding of 980635 and a Short% of Float of 3.55.

Dividends & Splits

According to the company, the forward annual dividend rate for EG is 7.50, from 1.75 in the trailing year. Against a Trailing Annual Dividend Yield of 0.004605263The stock’s 5-year Average Dividend Yield is 2.24.

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