Core Viewpoint - Everest Group, Ltd. has significantly underperformed the market and sector, with stock prices declining sharply following disappointing quarterly results, raising concerns about its growth prospects and earnings reliability [2][4][5]. Company Performance - Everest Group's stock has dropped 20.3% over the past 52 weeks and 14.5% year-to-date, contrasting with the S&P 500 Index's 12% returns and 14% surge in 2025 [2]. - The company's stock fell 11.4% in a single trading session after the release of Q3 results, which showed a modest topline increase of 79 basis points year-over-year to $4.3 billion, missing expectations by 2.9% [4]. - Net operating income per share decreased by 48.4% year-over-year to $7.54, falling short of consensus estimates by 43.7% [4]. Earnings Expectations - For the full fiscal year 2025, analysts project an adjusted EPS of $45.02, reflecting a 50.9% year-over-year increase, although the company has a history of disappointing earnings surprises [5]. - Everest has only surpassed bottom-line estimates once in the past four quarters, missing projections on three occasions [5]. Analyst Ratings - Among 18 analysts covering Everest Group, the consensus rating is a "Moderate Buy," consisting of five "Strong Buys," two "Moderate Buys," ten "Holds," and one "Strong Sell" [6]. - The mean price target for Everest Group is $368.53, indicating an 18.9% premium to current price levels, while the highest target of $446 suggests a potential upside of 43.9% [7].
Are Wall Street Analysts Predicting Everest Group Stock Will Climb or Sink?