Erie Indemnity (ERIE) Is Up 2.90% in One Week: What You Should Know

Company Overview - Erie Indemnity (ERIE) currently holds a Momentum Style Score of B, indicating potential for strong performance based on recent price trends and earnings estimate revisions [3][10] - The company has a Zacks Rank of 1 (Strong Buy), suggesting it is expected to outperform the market [4][10] Price Performance - Over the past week, ERIE shares have increased by 2.9%, outperforming the Zacks Insurance - Brokerage industry, which rose by 0.8% [6] - In the last month, ERIE's price change is 9.87%, significantly higher than the industry's 3.45% [6] - Over the past quarter, ERIE shares have surged by 45.12%, and over the last year, they have gained 82.49%, while the S&P 500 has only increased by 3.93% and 27.48%, respectively [7] Trading Volume - The average 20-day trading volume for ERIE is 110,344 shares, which serves as a baseline for assessing price movements [8] Earnings Outlook - In the past two months, one earnings estimate for ERIE has been revised upward, while none have been lowered, leading to an increase in the consensus estimate from $10.05 to $11.41 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10]