Erie Indemnity Stock Analysis

Erie Stock Analysis Notes

About 46.0% of the company shares are held by company insiders. The company recorded earning per share (EPS) of 8.52. Erie Indemnity last dividend was issued on the 8th of April 2024. The entity had 3:1 split on the 13th of May 1996. Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania. Erie Indemnity operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 5805 people. To learn more about Erie Indemnity call CPA CIC at 814 870 2000 or check out https://www.erieinsurance.com.

Erie Indemnity Investment Alerts

Erie Indemnity Upcoming and Recent Events

Erie Largest EPS Surprises

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Erie Indemnity Thematic Classifications

Erie Stock Institutional Investors

Note, although Erie Indemnity's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Erie Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 19.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Erie Indemnity's market, we take the total number of its shares issued and multiply it by Erie Indemnity's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Erie Profitablity

The company has Profit Margin (PM) of 0.14 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.17 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.17.

Management Efficiency

Erie Indemnity has return on total asset (ROA) of 0.1467 % which means that it generated a profit of $0.1467 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2867 %, meaning that it created $0.2867 on every $100 dollars invested by stockholders. Erie Indemnity's management efficiency ratios could be used to measure how well Erie Indemnity manages its routine affairs as well as how well it operates its assets and liabilities. At present, Erie Indemnity's Return On Assets are projected to increase slightly based on the last few years of reporting. At present, Erie Indemnity's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 1.5 B, whereas Other Assets are forecasted to decline to about 36.7 M.

Technical Drivers

As of the 19th of April, Erie Indemnity shows the Mean Deviation of 1.07, coefficient of variation of 879.57, and Downside Deviation of 1.26. Erie Indemnity technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Erie Indemnity, which can be compared to its peers. Please confirm Erie Indemnity standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Erie Indemnity is priced favorably, providing market reflects its regular price of 380.46 per share. Given that Erie Indemnity has jensen alpha of 0.1656, we urge you to verify Erie Indemnity's prevailing market performance to make sure the company can sustain itself at a future point.

Erie Indemnity Price Movement Analysis

Erie Indemnity Insider Trading Activities

Erie Indemnity Predictive Daily Indicators

Erie Indemnity Corporate Filings

Erie Indemnity Forecast Models

Erie Indemnity's time-series forecasting models are one of many Erie Indemnity's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Erie Indemnity's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Erie Indemnity prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Erie shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Erie Indemnity. By using and applying Erie Stock analysis, traders can create a robust methodology for identifying Erie entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Erie analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Erie analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Erie Indemnity stock analysis indicators help investors evaluate how Erie Indemnity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Erie Indemnity shares will generate the highest return on investment. By understating and applying Erie Indemnity stock analysis, traders can identify Erie Indemnity position entry and exit signals to maximize returns.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erie Indemnity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

When running Erie Indemnity's price analysis, check to measure Erie Indemnity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Erie Indemnity is operating at the current time. Most of Erie Indemnity's value examination focuses on studying past and present price action to predict the probability of Erie Indemnity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erie Indemnity's price. Additionally, you may evaluate how the addition of Erie Indemnity to your portfolios can decrease your overall portfolio volatility.

Is Erie Indemnity's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erie Indemnity. If investors know Erie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erie Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.