A share price of Erie Indemnity Co [ERIE] is currently trading at $402.95, up 0.95%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ERIE shares have gain 4.13% over the last week, with a monthly amount drifted -2.05%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Erie Indemnity Co [NASDAQ: ERIE] stock has seen the most recent analyst activity on March 08, 2010, when Stifel Nicolaus downgraded its rating to a Hold. Previously, Stifel Nicolaus upgraded its rating to Buy on October 10, 2008, and kept the price target unchanged to $45.
Erie Indemnity Co experienced fluctuations in its stock price throughout the past year between $337.58 and $547.00. Erie Indemnity Co [NASDAQ: ERIE] shares were valued at $402.95 at the most recent close of the market.
Analyzing the ERIE fundamentals
Trailing Twelve Months sales for Erie Indemnity Co [NASDAQ:ERIE] were 3.69B which represents 16.77% growth. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.2, Equity is 0.31 and Total Capital is 0.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 398.54 points at the first support level, and at 394.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 407.07, and for the 2nd resistance point, it is at 411.18.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.09, the price to book ratio is 9.63 and price to earnings (TTM) ratio is 37.96.
Transactions by insiders
Recent insider trading involved HARTZ CHARLES SCOTT, Director, that happened on Aug 27 ’24 when 500.0 shares were sold. Officer, Lorianne Feltz completed a deal on Aug 16 ’24 to buy 1000.0 shares. Meanwhile, Director HARTZ CHARLES SCOTT sold 500.0 shares on Aug 13 ’24.
