EG Stock Lags Industry Year to Date: Should Investors Hold or Fold?
Everest (EG) ZACKS·2024-11-26 00:00
Shares of Everest Group, Ltd. (EG) have gained 10.1% year to date, underperforming the industry’s growth of 24.1% and the Zacks S&P 500 composite’s return of 25.4%.EG Lags Industry & S&P YTDImage Source: Zacks Investment ResearchClosing at $389.00 in the last trading session, the stock stands below its 52-week high of $417.04. The expected long-term earnings growth rate is pegged at 2.3%, lower than the industry average of 12.5%.The insurer has been experiencing an increase in expenses due to higher incurre ...