Analyst Ratings for Essent Group Ltd. (ESNT)

Updated: 2017-07-27

An average rating of Overweight has been given to Essent Group Ltd. (NYSE:ESNT) by analysts covering the stock. ESNT had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 5 analysts, 0 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.

Investment analysts gave a few price targets for ESNT. The highest price target was 44, implying potential capital gains of 16.34 percent. The most pessimistic analyst gave a price target of 36, implying a possible loss of -4.81 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.72 percent. The average change in earnings estimates over the last 90 days is -3.5 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.34 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.85 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.

The growth rate of ESNT's earnings is estimated by analysts to be 8.41 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ESNT is 1.72.

ESNT has traded between a high of 39.61 and a low of 23.38 over the past year. The current market price is above the trailing year's low by 61.76 percent, and 4.52 percent lower than its 52-week high. ESNT has a P/E ratio of 14.44. Investors typically compare the P/E ratio to a company's peers in the industry. The ESNT value stock report compares ESNT to some of its peers using value stock charts. The stock has a market capitalization of $3.58 billion. ESNT's next earnings release will be on 0000-00-00, which is days away.