Employers Holdings Stock Rating Lowered by Zacks (EIG)
Employers Holdings (NYSE:EIG) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday, Analyst Ratings News reports. They currently have a $31.70 target price on the stock. Zacks‘ target price suggests a potential upside of 11.70% from the company’s current price.
Employers Holdings (NYSE:EIG) traded down 4.25% during mid-day trading on Tuesday, hitting $28.38. 162,626 shares of the company’s stock traded hands. Employers Holdings has a 52-week low of $17.50 and a 52-week high of $30.03. The stock has a 50-day moving average of $28.43 and a 200-day moving average of $25.68. The company has a market cap of $879.8 million and a price-to-earnings ratio of 7.90.
Employers Holdings (NYSE:EIG) last released its earnings data 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. On average, analysts predict that Employers Holdings will post $0.83 earnings per share for the current fiscal year.
Employers Holdings, Inc (NYSE:EIG) is a holding company.
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