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Everest Group Is Trading at a Discount: Time to Load Up or Hold Off?
ZACKS· 2025-09-18 16:06
Core Viewpoint - Everest Group, Ltd. (EG) is trading at a discount compared to the industry, with a price-to-book value of 0.93X versus the industry average of 2.53X, and holds a Value Score of A [1] Group 1: Price Performance - Shares of Everest Group have declined by 7.9% year-to-date, underperforming the Finance sector and the Zacks S&P 500 composite, which grew by 13.6% and 13.4% respectively [3] - The market capitalization of Everest Group is $13.9 billion, with an average trading volume of 0.4 million shares over the last three months [3] Group 2: Financial Projections - The Zacks Consensus Estimate for Everest Group's 2025 revenues is $17.7 billion, reflecting a year-over-year increase of 2.3% [5] - The consensus estimate for current-year earnings is $45.51 per share, indicating a growth of 52.6% from the previous year [5] - Projections for 2026 earnings per share and revenues suggest year-over-year increases of 33.6% and 4.8% respectively [5] Group 3: Business Strategy and Growth - Everest Group is diversifying its products and regions, which supports steady and sustainable growth, while reducing reliance on North America [8][12] - The company is expanding its presence in Asia, Latin America, and Europe, enhancing underwriting agility and risk-adjusted returns [12] - A conservative investment strategy, with over 75% of assets in investment-grade fixed income, positions the company to benefit from a higher-rate environment [14] Group 4: Financial Health - Everest Group's debt-to-capital ratio is 19.3%, significantly lower than the industry average of 34.2%, indicating strong financial flexibility [15] - The times interest earned ratio stands at 447x, compared to the industry average of 11.5x, showcasing a disciplined approach to leverage [15] Group 5: Profitability Metrics - The return on equity for Everest Group is 5.9%, which is below the sector average of 14.8%, highlighting challenges in capital efficiency [17] - The combined ratio for the second quarter increased by 10 basis points year-over-year to 90.4%, indicating ongoing exposure to catastrophic losses [16] Group 6: Shareholder Value - The company has raised dividends four times in the past five years, resulting in an annualized growth rate of 11.7% and a current payout ratio of 40% [18] - A $10 million share repurchase program has been authorized, reflecting a commitment to rewarding investors [18] Conclusion - Overall, Everest Group is supported by product diversification, higher premium volumes, and disciplined financial management, but faces challenges related to catastrophe losses and profitability metrics [19]
Persistent Awarded 'Growth Honor of the Year' at 2025 Everest Group Elevate Honors
Prnewswire· 2025-09-17 11:26
SANTA CLARA, Calif. and PUNE, India, Sept. 17, 2025 /PRNewswire/ -- Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, today announced that it has been recognized as a 2025 Elevate Honors recipient in the 'Growth Honor of the Year' category by Everest Group, which highlights companies with annual revenue between $1–5 billion. This acknowledgement affirms the Company's strong growth trajectory with a commitment to driving long-term value acro ...
Everest Group Names Broadridge BPO as a Leader in 2025 Capital Markets Operations Services PEAK Matrix® Assessment
Prnewswire· 2025-09-15 06:00
Leaders recognition highlights Broadridge's successful accelerated strategy to invest in technology and innovation to drive business value for its BPO clients across capital markets, wealth and asset management NEW YORK , Sept. 15, 2025 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced its recognition as a Leader in capital markets operations by independent research firm Everest Group in its 2025 Capital Markets Operations Services PEAK Matrix® Assessm ...
Everest Group (EG) Announces the Launch of EverBuild™
Yahoo Finance· 2025-09-14 05:17
Everest Group, Ltd. (NYSE:EG) is one of the best cheap stocks to buy for beginners. On September 4, Everest Group, Ltd.’s (NYSE:EG) insurance division Everest Insurance announced the launch of EverBuild™, which is an “enhanced Builder’s Risk coverage form”. Everest Group, Ltd. (EG): Among Top Stocks to Buy from Joe DiMenna’s Portfolio Management reported that the new offering highlights Everest Group, Ltd.’s (NYSE:EG) long-standing commitment to the construction industry with specialized and innovative s ...
Silver Scott Mines Signs Development Deal with Everest Networks to Redevelop Kanab.club and Launch Kanab Token
Accessnewswire· 2025-09-11 13:20
Core Insights - Silver Scott Mines, Inc. has signed a development agreement with Everest Networks to redevelop Kanab.club into a cannabis-focused consumer social network [1] - The agreement includes the creation of the Kanab Token, aimed at enhancing user engagement and providing transactional utility on the platform [1] Company Developments - The partnership with Everest Networks signifies a strategic move towards integrating social networking and business tools specifically for the cannabis industry [1] - The redevelopment of Kanab.club is expected to cater to the needs of cannabis consumers and industry participants, potentially expanding the user base and increasing platform activity [1] Industry Implications - The introduction of the Kanab Token may facilitate transactions within the cannabis sector, promoting a more interactive and engaged community [1] - This dual-platform strategy could position the company favorably within the growing cannabis market, leveraging social networking to enhance business opportunities [1]
Everest Group: Progress Despite Pricing Fears
Seeking Alpha· 2025-09-03 06:07
Group 1 - Everest Group's shares have underperformed over the past year, losing over 12% of their value [1] - The decline in share value has persisted since the company added reserves amid a management reshuffle in January [1]
Medidata Secures a Leader Position in Everest Group's PEAK Matrix® Assessment for eCOA, Driving the New Patient Experience Forward
GlobeNewswire News Room· 2025-09-02 18:09
Core Insights - Medidata has been recognized as a Leader in Everest Group's Life Sciences Electronic Clinical Outcome Assessment (eCOA) Products PEAK Matrix® Assessment 2025, highlighting its success in delivering impactful solutions in the life sciences industry [1][4] - The company has maintained its leadership in the eCOA market for over a decade, with its solutions foundational to thousands of global studies across various indications [2][3] - Medidata eCOA significantly reduces study design and startup timelines, with a reduction of up to six weeks compared to the industry standard of 12 or more weeks [2] Company Achievements - Medidata's eCOA has been enhanced through a partnership with Cogstate, focusing on reducing rater burden and improving signal detection in Central Nervous System (CNS) trials [2] - The company has received consistent recognition from Everest Group in 2023 and 2024 for its Decentralized Clinical Trials, reinforcing its leadership in the clinical trial space [4] - Medidata Rave EDC and Medidata Rave CTMS have also been acknowledged, showcasing the company's commitment to improving clinical trial operations and accelerating the delivery of therapies [4] Industry Impact - Medidata has powered over 36,000 trials and 11 million patients, offering industry-leading expertise and one of the largest clinical trial data sets [6] - The company serves approximately 2,300 customers, with more than 1 million registered users relying on its end-to-end platform to enhance patient experiences and expedite clinical breakthroughs [6]
YPrime Named a Leader in Everest Group's 2025 eCOA PEAK Matrix® Assessment
GlobeNewswire News Room· 2025-09-02 16:24
Core Insights - YPrime has been recognized as a Leader in the Everest Group's Life Sciences Electronic Clinical Outcome Assessment (eCOA) Products PEAK Matrix® Assessment 2025, highlighting its capability to deliver advanced technology and operational excellence in complex clinical trials [1][2][3] Company Achievements - The recognition as a Leader reflects YPrime's role as a trusted partner to pharmaceutical companies, biotechs, and CROs, enabling faster study launches with high-quality eCOA solutions [2][3] - YPrime was previously named a Trailblazer in Patient Engagement by Everest Group in 2024, further validating its leadership in developing patient-friendly digital tools [6] Technological Innovations - YPrime's eCOA platform is designed to scale with the complexity of global clinical trials, featuring AI-powered localization tools that automate translation processes, supporting deployments in over 250 languages across 100+ countries [3] - The Automated Data Change Form (DCF) allows site staff to execute protocol-compliant data edits in minutes, improving speed and data integrity [4] - YPrime's glucometer eCOA integration, developed with diabetes patients, enhances real-time glucose monitoring, improving patient adherence and data compliance in metabolic trials [5] Operational Excellence - YPrime's eCOA platform enhances participant compliance through an intuitive app and design, streamlining site workflows and supporting sponsors with decision-making dashboards [7]
Why Everest Group (EG) is a Top Value Stock for the Long-Term
ZACKS· 2025-08-28 14:41
Company Overview - Everest Group is a Delaware reinsurance company established in 1999, based in Warren, NJ, and operates as a property and casualty insurer and reinsurer across the U.S., District of Columbia, Puerto Rico, and Guam [11] - As of December 31, 2024, Everest Reinsurance reported a statutory surplus of $5.6 billion [11] - The company's strategy focuses on maintaining leadership in targeted reinsurance and insurance markets, effective management throughout the underwriting cycle, and achieving attractive returns for shareholders [11] Investment Ratings - Everest Group holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating a solid position in the market [12] - The company has a Value Style Score of A, supported by favorable valuation metrics such as a forward P/E ratio of 7.54, making it appealing to value investors [12] Earnings Estimates - In the last 60 days, four analysts have revised their earnings estimates for Everest Group upwards, with the Zacks Consensus Estimate increasing by $0.11 to $45.51 per share for fiscal 2025 [12] - The company has demonstrated an average earnings surprise of +3.4%, indicating a positive trend in earnings performance [12] Investment Consideration - With a strong Zacks Rank and high Value and VGM Style Scores, Everest Group is recommended for investors looking for potential opportunities in the reinsurance sector [13]
Everest Group Trades Below 50-Day SMA: How to Play the Stock?
ZACKS· 2025-08-19 16:56
Core Viewpoint - Everest Group, Ltd. is currently experiencing a short-term bearish trend as its shares trade below the 50-day simple moving average, indicating potential resistance levels for traders and analysts [1] Price Performance - Shares of Everest Group have declined by 8.4% year-to-date, underperforming the Finance sector's growth of 10.7% and the Zacks S&P 500 Composite's growth of 9.6% [2] - The company has a market capitalization of $13.9 billion, with an average trading volume of 0.4 million shares over the last three months [2] Valuation Metrics - Everest Group's shares are trading at a price-to-book value of 0.93X, which is lower than the industry average of 2.19X, indicating that the shares are affordable [4] Growth Projections - The Zacks Consensus Estimate for Everest Group's 2025 revenues is $17.6 billion, reflecting a year-over-year growth of 2.2% [9] - The consensus estimate for current-year earnings is $45.39 per share, suggesting a significant growth of 52.2% from the previous year [9] - Projections for 2026 indicate earnings per share and revenues will increase by 34.6% and 4.8%, respectively [9] Analyst Sentiment - Analysts have recently lowered their earnings estimates for both 2025 and 2026, with a 1.2% decrease for 2025 and a 0.9% decrease for 2026 [12] Strategic Expansion - Everest Group is expanding its operations globally, reducing risk concentration in North America and enhancing diversification across over 100 countries [8][15] - The company ranks as the 4th largest P&C reinsurer, benefiting from a diversified portfolio and lower catastrophe volatility [8][16] Financial Stability - The company maintains a strong balance sheet with a debt-to-capital ratio of 19.3%, significantly below the industry average of 34.4% [18] - Its times interest earned ratio stands at 447x, far exceeding the industry's 11.5x, indicating robust financial flexibility [18] Investment Income - Net investment income is on the rise, supported by a conservative and diversified portfolio, with over 75% allocated to investment-grade fixed income [17] Shareholder Value - Everest Group has increased its dividend four times in the last five years, with a five-year annualized dividend growth rate of 11.7% [21] - The company has also approved a share buyback program worth $10 million [21] Conclusion - Everest Group benefits from strong organic growth, a conservative investment portfolio, and a solid balance sheet, which support earnings stability and risk-adjusted returns [22] - However, challenges remain due to exposure to catastrophe losses and a return on equity that lags behind the industry average [22]