Boston Trust Walden Corp diminishes its investment in
Everest Group, Ltd. (NYSE:EG), even though the company's stock encounters a moderate rise, still trailing behind the market performance.
Everest Group is recognized as an inexpensive stock with potential by hedge funds. The corporation's Q2 2024 earnings call illustrated a picture of mixed results with a Q2 earnings miss predominantly due to increased catastrophe losses. Despite this, the company announced a dividend. Analysts are revising their models as the Everest Group posted a 5.4% miss on projected revenues. Despite the underperformance,
Cetera Advisors LLC and
Dynamic Advisor Solutions LLC have made notable new investments in the company. Everest's
Q2 earnings and revenues did not meet the estimates while the price target has been raised to $393.00. Everest Group's stock has been increasing, owing to strong financials despite underperforming results. The company's PT was lowered to $405.00 at
TD Cowen and Everest Group reported a 21% CAGR which outpaces the company's earnings growth over the same three-year period. Consequently, shareholders are expected to be generous with the CEO's compensation package.
Everest Group Ltd EG News Analytics from Thu, 18 May 2023 07:00:00 GMT to Sun, 18 Aug 2024 17:34:53 GMT -
Rating 4
- Innovation -2
- Information 3
- Rumor -6
