Employers Holdings Inc. Hits New 52-Week High at $30.01 (EIG)
Shares of Employers Holdings (NYSE:EIG) hit a new 52-week high during trading hours on Tuesday, Analyst Ratings Network.com reports. The company traded as high as $30.01 and last traded at $29.90, with a volume of 80,953 shares trading hands. The stock had previously closed at $29.74.
EIG has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Employers Holdings (NYSE:EIG) from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, August 12th. They now have a $30.30 price target on the stock.
Employers Holdings has a 52 week low of $17.50 and a 52 week high of $30.03. The stock’s 50-day moving average is $28.19 and its 200-day moving average is $25.44. The company has a market cap of $930.1 million and a P/E ratio of 7.92.
Employers Holdings (NYSE:EIG) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.31 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.14 by $0.17. The company had revenue of $181.60 million for the quarter, compared to the consensus estimate of $172.20 million. Analysts expect that Employers Holdings will post $0.83 EPS for the current fiscal year.
Employers Holdings, Inc (NYSE:EIG) is a holding company.
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