Essent Group Ltd (NYSE: ESNT) kicked off on Tuesday, down -0.37% from the previous trading day, before settling in for the closing price of $56.00. Over the past 52 weeks, ESNT has traded in a range of $47.56-$65.33.
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Financial Sector giant saw their annual sales surged by 8.85% over the last five years. While this was happening, its average annual earnings per share was recorded 6.21%. With a float of $102.85 million, this company’s outstanding shares have now reached $106.60 million.
The firm has a total of 536 workers. Let’s measure their productivity. In terms of profitability, gross margin is 81.34%, operating margin of 56.97%, and the pretax margin is 71.33%.
Essent Group Ltd (ESNT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Specialty Industry. The insider ownership of Essent Group Ltd is 3.16%, while institutional ownership is 93.50%. The most recent insider transaction that took place on Sep 18 ’24, was worth 127,180. In this transaction SVP and CFO of this company sold 2,000 shares at a rate of $63.59, taking the stock ownership to the 25,416 shares. Before that another transaction happened on Sep 18 ’24, when Company’s Officer proposed sale 2,000 for $63.59, making the entire transaction worth $127,179.
Essent Group Ltd (ESNT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 6.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.08% during the next five years compared to 6.38% growth over the previous five years of trading.
Essent Group Ltd (NYSE: ESNT) Trading Performance Indicators
Take a look at Essent Group Ltd’s (ESNT) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.92. Likewise, its price to free cash flow for the trailing twelve months is 7.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.90, a number that is poised to hit 1.65 in the next quarter and is forecasted to reach 6.95 in one year’s time.
Technical Analysis of Essent Group Ltd (ESNT)
Analysing the last 5-days average volume posted by the [Essent Group Ltd, ESNT], we can find that recorded value of 0.9 million was better than the volume posted last year of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 46.32%. Additionally, its Average True Range was 1.31.
During the past 100 days, Essent Group Ltd’s (ESNT) raw stochastic average was set at 21.17%, which indicates a significant decrease from 32.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.40% in the past 14 days, which was higher than the 27.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.07, while its 200-day Moving Average is $58.00. Now, the first resistance to watch is $56.14. This is followed by the second major resistance level at $56.50. The third major resistance level sits at $56.97. If the price goes on to break the first support level at $55.31, it is likely to go to the next support level at $54.84. Now, if the price goes above the second support level, the third support stands at $54.48.
Essent Group Ltd (NYSE: ESNT) Key Stats
The company with the Market Capitalisation of 5.93 billion has total of 106,213K Shares Outstanding. Its annual sales at the moment are 1,110 M in contrast with the sum of 696,390 K annual income. Company’s last quarter sales were recorded 316,580 K and last quarter income was 176,180 K.
