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Are Investors Unfairly Punishing Essent Group Ltd. (NYSE:ESNT)?

Essent Group Ltd. (NYSE:ESNT) has a beta of 1.34, a 12-month trailing P/E ratio of 13.41, and a growth ratio of 0.89. The stock’s Relative Strength Index (RSI) is 44.39, with weekly volatility at 1.98% and ATR at 1.32. The ESNT stock’s 52-week price range has touched low of $29.43 and a $54.22 high. Its shares traded higher over the last trading session, gaining 0.02% on 05/20/21. The shares fell to a low of $47.19 before closing at $47.85. Intraday shares traded counted 0.45 million, which was 55.59% higher than its 30-day average trading volume of 1.02M. ESNT’s previous close was $47.84 while the outstanding shares total 112.02M.

Investors have identified the Mortgage Finance company Essent Group Ltd. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.39 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Essent Group Ltd. (ESNT) Fundamentals that are to be considered.

ESNT were able to record 187.2 million as free cash flow during the 07/30/2021 quarter of the year, this saw their quarterly net cash flow reduce by -21.81 million. In cash movements, the company had a total of 187.77 million as operating cash flow.

Having a look at the company’s valuation, the company is expected to record 6.01 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ESNT sounds very interesting.

Is the stock of ESNT attractive?

In related news, Director, PAULS DOUGLAS J sold 3,003 shares of the company’s stock in a transaction that recorded on May 11. The sale was performed at an average price of 47.12, for a total value of 141,501. As the sale deal closes, the SVP and Chief Legal Officer, Gibbons Mary Lourdes now sold 5,079 shares of the company’s stock, valued at 269,289. Also, SVP and Chief Risk Officer, Bhasin Vijay sold 3,772 shares of the company’s stock in a deal that was recorded on Apr 21. The shares were price at an average price of 50.00 per share, with a total market value of 188,600. Following this completion of acquisition, the SVP & Chief Financial Officer, MCALEE LAWRENCE E JR now holds 2,506 shares of the company’s stock, valued at 125,300. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.50%.

9 out of 12 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Essent Group Ltd.. 0 analysts has assigned a Sell rating on the ESNT stock. The 12-month mean consensus price target for the company’s shares has been set at $55.60.

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