Essent Group Ltd (ESNT) is -9.48% away from 50-day simple Moving Average despite all headwinds

As on Thursday, Essent Group Ltd (NYSE: ESNT) started slowly as it slid -2.14% to $55.66, before settling in for the price of $56.88 at the close. Taking a more long-term approach, ESNT posted a 52-week range of $47.56-$65.33.

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The Financial sector firm’s twelve-monthly sales growth has been 8.85% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 6.38%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.21%. This publicly-traded company’s shares outstanding now amounts to $106.60 million, simultaneously with a float of $102.85 million. The organization now has a market capitalization sitting at $5.91 billion. At the time of writing, stock’s 50-day Moving Average stood at $61.49, while the 200-day Moving Average is $57.98.

Essent Group Ltd (ESNT) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Insurance – Specialty industry. Essent Group Ltd’s current insider ownership accounts for 3.16%, in contrast to 93.68% institutional ownership. According to the most recent insider trade that took place on Sep 18 ’24, this organization’s SVP and CFO sold 2,000 shares at the rate of 63.59, making the entire transaction reach 127,180 in total value, affecting insider ownership by 25,416.

Essent Group Ltd (ESNT) Earnings and Revenue Records

Essent Group Ltd’s EPS increase for this current 12-month fiscal period is 6.21% and is forecasted to reach 6.95 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.08% through the next 5 years, which can be compared against the 6.38% growth it accomplished over the previous five years trading on the market.

Essent Group Ltd (NYSE: ESNT) Trading Performance Indicators

Let’s observe the current performance indicators for Essent Group Ltd (ESNT). The Stock has managed to achieve an average true range (ATR) of 1.42. Alongside those numbers, its PE Ratio stands at $8.06, and its Beta score is 1.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.91. Similarly, its price to free cash flow for trailing twelve months is now 7.02.

In the same vein, ESNT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.90, a figure that is expected to reach 1.65 in the next quarter, and analysts are predicting that it will be 6.95 at the market close of one year from today.

Technical Analysis of Essent Group Ltd (ESNT)

Through scrutinizing the latest numbers posted by the [Essent Group Ltd, ESNT], it can be observed that its last 5-days Average volume of 0.91 million was better the volume of 0.52 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 61.36% While, its Average True Range was 1.47.

Raw Stochastic average of Essent Group Ltd (ESNT) in the period of the previous 100 days is set at 20.10%, which indicates a major fall in contrast to 28.51% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 53.59% that was higher than 27.63% volatility it exhibited in the past 100-days period.