Erie Indemnity Stock Buy Hold or Sell Recommendation
| ERIE Stock | USD 430.08 5.05 1.19% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Erie Indemnity is 'Sell'. Macroaxis provides Erie Indemnity buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ERIE positions.
Check out Erie Indemnity Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide. Note, we conduct extensive research on individual companies such as Erie and provide practical buy, sell, or hold advice based on investors' constraints. Erie Indemnity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Erie |
Execute Erie Indemnity Buy or Sell Advice
The Erie recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Erie Indemnity. Macroaxis does not own or have any residual interests in Erie Indemnity or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Erie Indemnity's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Erie Indemnity Trading Alerts and Improvement Suggestions
| Erie Indemnity generated a negative expected return over the last 90 days | |
| About 46.0% of the company shares are held by company insiders | |
| On 22nd of October 2024 Erie Indemnity paid $ 1.275 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Erie Indemnity Stock Analyst Estimates Ratings - MSN |
Erie Indemnity Returns Distribution Density
The distribution of Erie Indemnity's historical returns is an attempt to chart the uncertainty of Erie Indemnity's future price movements. The chart of the probability distribution of Erie Indemnity daily returns describes the distribution of returns around its average expected value. We use Erie Indemnity price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Erie Indemnity returns is essential to provide solid investment advice for Erie Indemnity.
| Mean Return | -0.15 | Value At Risk | -3.12 | Potential Upside | 2.13 | Standard Deviation | 1.95 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Erie Indemnity historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Erie Stock Institutional Investors
| Shares | Bank Of New York Mellon Corp | 2024-06-30 | 192.6 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 184.8 K | Northern Trust Corp | 2024-09-30 | 163.9 K | First Trust Advisors L.p. | 2024-06-30 | 163.8 K | Legal & General Group Plc | 2024-06-30 | 147.2 K | Atlantic Union Bankshares Corp | 2024-06-30 | 146.6 K | Goldman Sachs Group Inc | 2024-06-30 | 145 K | Charles Schwab Investment Management Inc | 2024-09-30 | 142.6 K | Jpmorgan Chase & Co | 2024-06-30 | 126.2 K | Pnc Financial Services Group Inc | 2024-09-30 | 4.9 M | Vanguard Group Inc | 2024-09-30 | 2.9 M |
Erie Indemnity Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 70.3M | (175.5M) | 22.5M | (41.6M) | 2.0M | 1.9M | |
| Free Cash Flow | (102.0M) | (55.5M) | (148.8M) | 298.9M | 288.6M | 211.4M | |
| Depreciation | 30.8M | 34.3M | 49.1M | 51.7M | 53.6M | 56.3M | |
| Other Non Cash Items | 1.4M | 462.4M | (297.9M) | 42.5M | 31.0M | 32.5M | |
| Dividends Paid | 167.7M | 272.9M | 192.8M | 206.8M | 221.7M | 232.8M | |
| Capital Expenditures | 102.0M | 55.5M | 148.8M | 67.2M | 92.6M | 97.3M | |
| Net Income | 316.8M | 293.3M | 297.9M | 298.6M | 446.1M | 257.4M | |
| End Period Cash Flow | 336.7M | 161.2M | 183.7M | 142.1M | 144.1M | 162.9M | |
| Investments | (23.4M) | (187.7M) | (36.7M) | (41.5M) | (137.7M) | (144.5M) | |
| Change To Netincome | (234.2M) | (253.5M) | (235.3M) | (263.5M) | (237.2M) | (225.3M) | |
| Net Borrowings | (1.9M) | (2.0M) | (2.0M) | (94.1M) | (84.7M) | (80.4M) |
Erie Indemnity Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Erie Indemnity or Insurance sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Erie Indemnity's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Erie stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.83 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | -0.13 |
Erie Indemnity Volatility Alert
Erie Indemnity exhibits very low volatility with skewness of -1.02 and kurtosis of 3.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Erie Indemnity's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Erie Indemnity's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Erie Indemnity Fundamentals Vs Peers
Comparing Erie Indemnity's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Erie Indemnity's direct or indirect competition across all of the common fundamentals between Erie Indemnity and the related equities. This way, we can detect undervalued stocks with similar characteristics as Erie Indemnity or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Erie Indemnity's fundamental indicators could also be used in its relative valuation, which is a method of valuing Erie Indemnity by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Erie Indemnity to competition |
| Fundamentals | Erie Indemnity | Peer Average |
| Return On Equity | 0.31 | -0.31 |
| Return On Asset | 0.16 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | 0.18 % | (5.51) % |
| Current Valuation | 21.79 B | 16.62 B |
| Shares Outstanding | 46.19 M | 571.82 M |
| Shares Owned By Insiders | 45.51 % | 10.09 % |
| Shares Owned By Institutions | 36.91 % | 39.21 % |
| Number Of Shares Shorted | 799.75 K | 4.71 M |
| Price To Earning | 46.37 X | 28.72 X |
| Price To Book | 11.26 X | 9.51 X |
| Price To Sales | 6.03 X | 11.42 X |
| Revenue | 3.27 B | 9.43 B |
| Gross Profit | 376.21 M | 27.38 B |
| EBITDA | 568.01 M | 3.9 B |
| Net Income | 446.06 M | 570.98 M |
| Cash And Equivalents | 147.47 M | 2.7 B |
| Cash Per Share | 2.82 X | 5.01 X |
| Total Debt | 112.25 M | 5.32 B |
| Debt To Equity | 0.03 % | 48.70 % |
| Current Ratio | 1.17 X | 2.16 X |
| Book Value Per Share | 37.25 X | 1.93 K |
| Cash Flow From Operations | 381.2 M | 971.22 M |
| Short Ratio | 5.66 X | 4.00 X |
| Earnings Per Share | 10.70 X | 3.12 X |
| Price To Earnings To Growth | 3.05 X | 4.89 X |
| Target Price | 115.0 | |
| Number Of Employees | 6.48 K | 18.84 K |
| Beta | 0.45 | -0.15 |
| Market Capitalization | 22.22 B | 19.03 B |
| Total Asset | 2.47 B | 29.47 B |
| Retained Earnings | 2.8 B | 9.33 B |
| Working Capital | 189.45 M | 1.48 B |
Note: Acquisition by Borneman J Ralph Jr of tradable shares of Erie Indemnity subject to Rule 16b-3 [view details]
Erie Indemnity Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Erie . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Erie Indemnity Buy or Sell Advice
When is the right time to buy or sell Erie Indemnity? Buying financial instruments such as Erie Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Erie Indemnity in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Heavy Metals Thematic Idea Now
Heavy Metals
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Heavy Metals Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Erie Indemnity Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Property & Casualty Insurance space 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.
Quarterly Earnings Growth 0.22 | Dividend Share 5.1 | Earnings Share 10.7 | Revenue Per Share 79.861 | Quarterly Revenue Growth 0.164 |
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.