Everest Re Group, Ltd. (NYSE:RE) Projected EPS At $4.84 For Next Quarter


Everest Re Group, Ltd. (NYSE:RE) has a mean price target of $196.71 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $4.84 a share for the very next quarter and $16.47 for this year.

Technical View

The technical study of Everest Re Group, Ltd. Common S demonstrates that the 50-day moving average of Everest Re Group, Ltd. (NYSE:RE) stock is $190.52, and is trading $-1.40 points away or -0.73% from 50-day moving average of $190.52. It is trading $2.39 or +1.28% away 200-day moving average of $186.73.

The 52-week high of Everest Re Group, Ltd. (NYSE:RE) was $199.98 while $167.07 is the low mark in the same period. It state Everest Re Group, Ltd. Common S share price has to surge more than $-10.86 to hit 52-week high or drop +13.20% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Everest Re Group, Ltd. Common S, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Everest Re Group, Ltd. (NYSE:RE) ratio came in at 10.56, after dividing current equity price by yearly earnings. Everest Re Group, Ltd. Common S stock recorded a close of $189.12 in last trading session, registering a market cap of $7.92B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Everest Re Group, Ltd. (NYSE:RE) PEG ratio is at -1.58.

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