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Is this Large Market Cap Stock target price reasonable for Everest Re Group Ltd. (NYSE:RE)?

The company in question is, Everest Re Group Ltd. (NYSE:RE) currently with a stock price of 194.29 (0.47% today). The market cap for Everest Re Group Ltd. is 7862.83, and is in the sector Financial, and Property & Casualty Insurance industry. The target price for Everest Re Group Ltd. is 196.71. Currently Everest Re Group Ltd. is trading with a P/E of 10.76, and a forward P/E of 10.84. Average volume for Everest Re Group Ltd. is 241.02 and so far today it is 62927.

Performance in the last year for Everest Re Group Ltd. has been 11.98%. For EPS growth, Everest Re Group Ltd. has seen a growth of -14.70%, and is looking to grow in the next year to 4.90%. More long term stats show that EPS growth has been 15.60% over the last five years and could be -7.28% for the next five years. Everest Re Group Ltd. has seen sales growth quarter over quarter at 1.60%, with EPS growth quarter over quarter at -21.50%. The 20-day simple moving average is 2.16%, with the 200-day simple moving average coming to 5.64%.

Since the IPO date for Everest Re Group Ltd. on the 10/03/1995, Everest Re Group Ltd. has seen performance year to date to be 7.58%. With Everest Re Group Ltd. trading at 194.29, the dividend yield is 2.38%, and the EPS is 17.98.

So could Everest Re Group Ltd., be undervalued? Well as said before P/E is 10.76. The PEG is *TBA, P/S is 1.38 and the P/B is at 1.01. The P/cash is 18.32, with P/free cash flow at 11.83.

Everest Re Group Ltd. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.08, and total debt/equity at 0.08.

In terms of margins, Everest Re Group Ltd. has a gross margin of *TBA, an operating margin of 16.80% and a profit margin of 13.40%.Payout ratio for Everest Re Group Ltd. is 24.30%. Return on assets come to 3.60% with return on investment coming to 13.50%.

Insider ownership for Everest Re Group Ltd., is at 0.50% and institutional ownership comes to 97.50%. Outstanding shares are at 40.66. While shares float is 31.56. The float short is currently 4.49%, and short ratio is 5.88.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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