Expert Outlook: Everest Group Through The Eyes Of 11 Analysts

11 analysts have shared their evaluations of Everest Group EG during the recent three months, expressing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $432.36, a high estimate of $517.00, and a low estimate of $372.00. Experiencing a 0.5% decline, the current average is now lower than the previous average price target of $434.55.

Diving into Analyst Ratings: An In-Depth Exploration

A clear picture of Everest Group's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Everest Group. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Everest Group compared to the broader market.
• Price Targets: Understanding forecasts, analysts offer estimates for Everest Group's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Everest Group's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Everest Group analyst ratings.

Discovering Everest Group: A Closer Look

Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.

Understanding the Numbers: Everest Group's Finances

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Growth: Everest Group displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 8.11%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Everest Group's net margin excels beyond industry benchmarks, reaching 11.83%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Everest Group's ROE excels beyond industry benchmarks, reaching 3.41%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Everest Group's ROA stands out, surpassing industry averages. With an impressive ROA of 0.93%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Everest Group's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.22.

The Basics of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.