Employers Holdings Inc. (EIG): Is it worth Buying?

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Employers Holdings Inc. (NYSE:EIG) changes shares on Monday trading session, with a change of -2.45% or -$0.73 shares. The trading starts at $29.45 and closed at $29.82 throughout the day. The trading session low price was $28.99 and day high was $29.48 on Monday, June 22. After the session, the Financial sector daily volume shifted to 0.21 million while its average volume is 276.46K. In other hand, the EIG market cap reached to $872.41M. While, its current target price is $29.09 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -1.76% and down -3.03% for month. Its quarterly performance was -16.00% below, while its half year performance is down -33.68%. EIG yearly performance stood at negative -31.44% and fall -30.32% for year-to-date. Current recommendation for Employers Holdings Inc. is 2.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. EIG EPS (TTM) for 12-month is 2.11. EPS for this year is 14.10%, while for the next year its value is 1.50. Sales growth for the current quarter is 1.38 while its EPS Q/Q reached -172.30%. It has an EPS of 9.00% up for past five years and for the next five years will be up 10.00%.

Let’s take a look on the analyst recommendations on EIG for the current month and previous month. For the current month, 1 of 4 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 3 as Hold. As compared with the previous month ratings, 3 analysts participate in stock recommendation. Out of 3, 0 rated it sell, 2 rated it as Buy and 1 as Hold Ratings. On the other hand, target price ranges from $31.00-$50.00. Average target price for EIG was reached at $40.50.

Blackrock Inc., Vanguard Group, Inc. (The) and Dimensional Fund Advisors LP are the top three holders in Employers Holdings Inc. (EIG) stock. On Mar 30, 2020, Blackrock Inc. has 4.63 million shares which valued 187.73 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 3.31 million shares which valued at 134.13 million. On Mar 30, 2020, Dimensional Fund Advisors LP has a total of 2.55 million shares which valued at 103.45 million. In the end, Dimensional Fund Advisors LP have 8.45% shares outstanding of Employers Holdings Inc. (EIG) on Mar 30, 2020. The insider ownership moved to 2.40% and institutional holding shifted to 84.00%.

The company posted an EPS (TTM) of 2.11. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of 0.3, while 0.9 EPS posted a year ago period. Analyst Estimated EPS for EIG published in the report was 0.24-0.37 during the same period. Comparing with last year, the average estimated EPS was 0.9 which is higher than 0.35 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for EIG fall -25.16% for period of 200 days. SMA for 50 days was -4.21% which is showing red signal, while SMA-20 was -4.98%. The moving average value for Employers Holdings Inc. (EIG) is 37.04 and 29.78 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in EIG stock. On May 20, Rogers Lawrence S, SVP, Chief Underwriting Office, sold 1,360 trading shares at the cost of $29.38, which valued at 39957.0. On May 14, Blakey Richard W, Director, bought 500 shares at the cost of $25.90, with total shares of 54,957. On May 06, McSally Michael J, Director, bought 3,000 shares at the cost of 29.54. After this transaction, McSally Michael J total shares reached to 9,587 which valued at 88620.0.