At the time of writing, Essent Group Ltd [ESNT] stock is trading at $57.66, up 0.07%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ESNT shares have gain 2.20% over the last week, with a monthly amount drifted -2.27%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Essent Group Ltd [NYSE: ESNT] stock has seen the most recent analyst activity on January 06, 2025, when Barclays downgraded its rating to a Equal Weight and also revised its price target to $58 from $69. Previously, Keefe Bruyette upgraded its rating to Outperform on August 05, 2024, and elevated its price target to $70. On April 03, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $61 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $54 on December 06, 2023. Barclays initiated its recommendation with a Overweight and recommended $60 as its price target on November 15, 2023. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on June 13, 2023, but kept the price target unchanged to $50. In a note dated January 06, 2023, Barclays downgraded an Equal Weight rating on this stock and revised its target price from $54 to $43.
For the past year, the stock price of Essent Group Ltd fluctuated between $52.22 and $65.33. Currently, Wall Street analysts expect the stock to reach $73.75 within the next 12 months. Essent Group Ltd [NYSE: ESNT] shares were valued at $57.66 at the most recent close of the market. An investor can expect a potential return of 27.9% based on the average ESNT price forecast.
Analyzing the ESNT fundamentals
According to Essent Group Ltd [NYSE:ESNT], the company’s sales were 1.22B for trailing twelve months, which represents an 5.49% jump. Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at 0.39%, Pretax Profit Margin comes in at 0.69%, and Net Profit Margin reading is 0.59%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.13 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.
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 56.95 points at the first support level, and at 56.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.36, and for the 2nd resistance point, it is at 59.06.
Ratios To Look Out For
It is important to note that Essent Group Ltd [NYSE:ESNT] has a current ratio of 3.96. Considering the valuation of this stock, the price to sales ratio is 4.91, the price to book ratio is 1.08 and price to earnings (TTM) ratio is 8.42.
Transactions by insiders
Recent insider trading involved WEINSTOCK DAVID B, SVP and CFO, that happened on Sep 18 ’24 when 2000.0 shares were sold. Officer, WEINSTOCK DAVID B completed a deal on Sep 18 ’24 to buy 2000.0 shares. Meanwhile, Director KASMAR ROY JAMES sold 5000.0 shares on Aug 06 ’24.
