Shares of Exzeo Group, Inc. (NYSE:XZO – Get Free Report) have been given a consensus rating of “Hold” by the five ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $26.00.
Several research analysts have recently weighed in on XZO shares. Weiss Ratings upgraded Exzeo Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 21st. Zacks Research downgraded Exzeo Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th.
Check Out Our Latest Stock Report on XZO
Institutional Trading of Exzeo Group
Exzeo Group Trading Up 0.5%
NYSE XZO opened at $16.65 on Wednesday. Exzeo Group has a 12 month low of $12.36 and a 12 month high of $24.60. The stock has a market cap of $1.50 billion and a P/E ratio of 16.99. The stock’s fifty day moving average price is $16.21 and its 200-day moving average price is $15.43.
Exzeo Group (NYSE:XZO – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.02. The firm had revenue of $56.29 million during the quarter. Exzeo Group had a return on equity of 38.77% and a net margin of 39.14%.Exzeo Group’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.26 EPS. As a group, analysts forecast that Exzeo Group will post 0.98 earnings per share for the current fiscal year.
Exzeo Group declared that its board has initiated a share repurchase program on Tuesday, May 26th that allows the company to repurchase $12.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s management believes its stock is undervalued.
Exzeo Group Company Profile
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