Everest Group, Ltd.s (NYSEEG) Fundamentals Look Pretty Strong Could The Market Be Wrong About The Stock?
News Source : Yahoo Entertainment
News Summary
- Everest Group (NYSE:EG) has had a rough three months with its share price down 2.9%.
- But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term.
- In this article, we focus on Everest Group's ROE.Return on equity or ROE is a key measure of a company's profitability.
- It can be calculated by using the formula:Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity.
Everest Group (NYSEEG) has had a rough three months with its share price down 2.9%. But if you pay close attention, you might find that its key financial indicators look quite decent, which could me [+4822 chars]