Exzeo Group, Inc. (NYSE:XZO) Stock Has Consensus Target Price of $25.50

Shares of Exzeo Group, Inc. (NYSE:XZO) have been given an average rating of “Hold” by the five analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $25.50.

XZO has been the subject of several research analyst reports. Weiss Ratings raised shares of Exzeo Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 29th. Truist Financial restated a “buy” rating and set a $24.00 price target (down from $25.00) on shares of Exzeo Group in a research note on Tuesday, November 3rd. Zacks Research downgraded Exzeo Group from a “hold” rating to a “strong sell” rating in a report on Thursday, November 5th. Finally, William Blair restated an “outperform” rating on shares of Exzeo Group in a report on Friday, November 6th.

Exzeo Group Price Performance

XZO opened at $16.14 on Thursday. Exzeo Group has a 12 month low of $12.36 and a 12 month high of $24.60. The business has a 50-day moving average of $16.29 and a two-hundred day moving average of $15.85. The stock has a market capitalization of $1.44 billion and a price-to-earnings ratio of 16.47.

Exzeo Group (NYSE:XZO) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. Exzeo Group had a net margin of 39.67% and a return on equity of 31.56%. The business had revenue of $53.89 million for the quarter. Equities research analysts anticipate that Exzeo Group will post 0.98 earnings per share for the current year.

Hedge Funds Weigh In On Exzeo Group

Large investors have recently bought and sold shares of the business. Meeder Asset Management Inc. acquired a new stake in Exzeo Group in the third quarter worth approximately $44,000. State of Alaska Department of Revenue acquired a new position in shares of Exzeo Group in the third quarter worth about $56,000. Engineers Gate Manager LP acquired a new position in shares of Exzeo Group in the second quarter worth about $272,000. Bank of New York Mellon Corp acquired a new position in shares of Exzeo Group in the second quarter worth about $287,000. Finally, State of Wyoming purchased a new position in shares of Exzeo Group in the first quarter worth approximately $334,000.

Exzeo Group Company Profile

Exzeo Group is a technology company focused on the property and casualty insurance industry. Its Exzeo platform provides software designed to help insurers manage core operations and support their business processes. The company’s offerings include tools for functions such as policy administration, underwriting, claims handling, billing and data analysis. Exzeo’s technology is intended to help insurance organizations coordinate these activities through a connected platform.