Everest Group, Ltd. (NYSE:EG) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts' consensus: Sixteen brokerages rate Everest Group a "Hold" (10 Hold, 6 Buy) with an average 12‑month price target of $366.14.
• Mixed Q1 results: EPS beat estimates at $16.08 vs. $13.97 expected, but revenue fell 4.6% year‑over‑year to $4.07B and missed the $4.17B estimate.
• Valuation and shareholder returns: Shares trade at a low P/E of 7.19 with a $17.59B market cap, and the company pays a $2.00 quarterly dividend (annualized $8.00, ~2.3% yield) with a ~16.3% payout ratio and ~92.6% institutional ownership.

Shares of Everest Group, Ltd. (NYSE:EG - Get Free Report) have earned a consensus recommendation of "Hold" from the sixteen brokerages that are covering the stock, MarketBeat.com reports. Ten analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $366.1429.

EG has been the subject of a number of research analyst reports. UBS Group reissued a "buy" rating and set a $345.00 target price on shares of Everest Group in a research report on Monday, January 12th. Mizuho upped their price objective on shares of Everest Group from $360.00 to $365.00 and gave the company a "neutral" rating in a research report on Monday, April 13th. Wells Fargo & Company upped their price objective on shares of Everest Group from $304.00 to $332.00 and gave the company an "equal weight" rating in a research report on Thursday, April 16th. Zacks Research raised shares of Everest Group from a "strong sell" rating to a "hold" rating in a research report on Monday, January 12th. Finally, Keefe, Bruyette & Woods cut their price objective on shares of Everest Group from $430.00 to $402.00 and set an "outperform" rating for the company in a research report on Tuesday, April 7th.

Everest Group Stock Down 0.9%

Everest Group stock opened at $353.54 on Friday. The firm has a market cap of $17.59 billion, a price-to-earnings ratio of 7.19, a P/E/G ratio of 0.26 and a beta of 0.35. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.35 and a quick ratio of 0.39. Everest Group has a fifty-two week low of $302.44 and a fifty-two week high of $368.29. The firm has a fifty day moving average price of $333.26 and a two-hundred day moving average price of $329.62.

Everest Group (NYSE:EG - Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $16.08 earnings per share for the quarter, topping analysts' consensus estimates of $13.97 by $2.11. The firm had revenue of $4.07 billion during the quarter, compared to analyst estimates of $4.17 billion. Everest Group had a net margin of 11.76% and a return on equity of 14.70%. The business's revenue was down 4.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $6.45 EPS. As a group, analysts forecast that Everest Group will post 53.31 earnings per share for the current year.

Everest Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were given a dividend of $2.00 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.3%. Everest Group's dividend payout ratio is currently 16.27%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Bartlett & CO. Wealth Management LLC raised its position in shares of Everest Group by 2.1% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 1,682 shares of the company's stock valued at $571,000 after buying an additional 34 shares during the last quarter. Siemens Fonds Invest GmbH raised its position in shares of Everest Group by 3.3% during the fourth quarter. Siemens Fonds Invest GmbH now owns 1,067 shares of the company's stock valued at $364,000 after buying an additional 34 shares during the last quarter. V Square Quantitative Management LLC raised its position in shares of Everest Group by 4.0% during the first quarter. V Square Quantitative Management LLC now owns 968 shares of the company's stock valued at $316,000 after buying an additional 37 shares during the last quarter. Brown Brothers Harriman & Co. raised its position in shares of Everest Group by 27.6% during the fourth quarter. Brown Brothers Harriman & Co. now owns 171 shares of the company's stock valued at $58,000 after buying an additional 37 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its position in shares of Everest Group by 2.8% during the third quarter. Wealthfront Advisers LLC now owns 1,466 shares of the company's stock valued at $513,000 after buying an additional 40 shares during the last quarter. Institutional investors and hedge funds own 92.64% of the company's stock.

Everest Group Company Profile

Everest Group NYSE: EG is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.

With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.

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