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

Exzeo Group, Inc. (NYSE:XZO) has received a consensus rating of “Hold” from the five ratings firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $25.50.

A number of brokerages have recently commented on XZO. Weiss Ratings upgraded Exzeo Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 29th. Truist Financial reaffirmed a “buy” rating and set a $24.00 target price (down from $25.00) on shares of Exzeo Group in a report on Tuesday, November 3rd. Zacks Research cut Exzeo Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 5th. Finally, William Blair reissued an “outperform” rating on shares of Exzeo Group in a report on Friday.

Hedge Funds Weigh In On Exzeo Group

Several institutional investors have recently made changes to their positions in the company. Russell Investments Group Ltd. boosted its stake in shares of Exzeo Group by 329.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 51,401 shares of the company’s stock worth $744,000 after acquiring an additional 39,430 shares in the last quarter. Keybank National Association OH purchased a new position in shares of Exzeo Group in the 3rd quarter valued at about $425,000. State of Alaska Department of Revenue purchased a new position in shares of Exzeo Group in the 3rd quarter valued at about $56,000. Whetstone Capital Advisors LLC increased its stake in shares of Exzeo Group by 31.6% in the 2nd quarter. Whetstone Capital Advisors LLC now owns 541,544 shares of the company’s stock valued at $9,136,000 after purchasing an additional 130,191 shares in the last quarter. Finally, Engineers Gate Manager LP acquired a new position in Exzeo Group in the 2nd quarter worth about $272,000.

Exzeo Group Price Performance

NYSE XZO opened at $16.52 on Thursday. Exzeo Group has a 1 year low of $12.36 and a 1 year high of $24.60. The company has a market capitalization of $1.49 billion and a PE ratio of 16.86. The company has a fifty day moving average of $16.31 and a 200 day moving average of $15.90.

Exzeo Group (NYSE:XZO) last announced its quarterly earnings results 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. The company had revenue of $53.89 million for the quarter. Exzeo Group had a return on equity of 32.30% and a net margin of 39.67%. Research analysts expect that Exzeo Group will post 0.98 earnings per share for the current year.

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.