Q4 EPS Estimates for Everest Group Lowered by Zacks Research

Key Points

• Zacks Research lowered Everest Group’s Q4 2027 EPS estimate to $14.04 from $14.59, while the consensus full-year earnings estimate stands at $53.13 per share.
• Analyst sentiment remains cautious: four analysts rate the stock a Buy and 12 rate it a Hold, resulting in a consensus Hold rating and an average price target of $395.27.
• Everest Group recently exceeded quarterly EPS expectations, reporting $14.85 versus $14.52 expected, but revenue declined 11.8% year over year. The company also declared a $2.00 quarterly dividend, equivalent to an annualized yield of about 2.2%.

Everest Group, Ltd. (NYSE:EG - Free Report) - Investment analysts at Zacks Research cut their Q4 2027 EPS estimates for shares of Everest Group in a report issued on Wednesday, August 19th. Zacks Research analyst Team now anticipates that the company will post earnings of $14.04 per share for the quarter, down from their previous estimate of $14.59. The consensus estimate for Everest Group's current full-year earnings is $53.13 per share.

Several other research analysts have also recently commented on EG. Keefe, Bruyette & Woods increased their price target on Everest Group from $411.00 to $414.00 and gave the company an "outperform" rating in a research report on Wednesday, July 8th. TD Cowen upped their price objective on Everest Group from $365.00 to $385.00 and gave the stock a "hold" rating in a research note on Wednesday. Weiss Ratings raised Everest Group from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, July 10th. UBS Group boosted their target price on shares of Everest Group from $374.00 to $395.00 and gave the stock a "neutral" rating in a report on Monday, August 3rd. Finally, Cantor Fitzgerald upped their price target on shares of Everest Group from $344.00 to $390.00 and gave the stock a "neutral" rating in a research report on Thursday, July 9th. Four investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $395.27.

Everest Group Price Performance

NYSE:EG opened at $364.41 on Thursday. Everest Group has a 52-week low of $302.44 and a 52-week high of $401.07. The company has a market cap of $13.97 billion, a P/E ratio of 7.71, a P/E/G ratio of 0.72 and a beta of 0.29. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.35 and a current ratio of 0.35. The stock's 50-day simple moving average is $365.07 and its 200 day simple moving average is $346.37.

Everest Group (NYSE:EG - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $14.85 EPS for the quarter, topping the consensus estimate of $14.52 by $0.33. The firm had revenue of $3.96 billion for the quarter, compared to analysts' expectations of $3.99 billion. Everest Group had a net margin of 11.41% and a return on equity of 13.63%. The company's revenue for the quarter was down 11.8% on a year-over-year basis. During the same period in the previous year, the firm posted $16.10 EPS.

Everest Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Wednesday, September 9th will be issued a dividend of $2.00 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $8.00 annualized dividend and a yield of 2.2%. Everest Group's dividend payout ratio (DPR) is currently 16.92%.

Hedge Funds Weigh In On Everest Group

Several institutional investors and hedge funds have recently modified their holdings of EG. Trifecta Capital Advisors LLC acquired a new stake in shares of Everest Group during the 2nd quarter worth about $29,000. Activest Wealth Management acquired a new position in Everest Group in the 4th quarter valued at about $34,000. Raiffeisen Bank International AG bought a new position in Everest Group in the 4th quarter valued at about $34,000. Cullen Frost Bankers Inc. bought a new position in Everest Group in the 4th quarter valued at about $37,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in Everest Group during the second quarter worth approximately $39,000. 92.64% of the stock is currently owned by institutional investors and hedge funds.

About Everest Group

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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