$411.38
1.89% today
Nasdaq, Dec 30, 10:00 pm CET
ISIN
US29530P1021
Symbol
ERIE
Sector
Industry

Erie Indemnity Company Class A Target price 2024 - Analyst rating & recommendation

Erie Indemnity Company Class A Classifications & Recommendation:

Buy
50%
Hold
50%

Erie Indemnity Company Class A Price Target

Target Price $115.00
Price $419.32
Deviation
Number of Estimates 1
1 Analyst has issued a Erie Indemnity Company Class A price target 2025. The average Erie Indemnity Company Class A target price is $115.00. This is lower than the current stock price.
A rating was issued by 2 analysts: 1 Analysts recommend Erie Indemnity Company Class A to buy, 1 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Erie Indemnity Company Class A stock has an average upside potential 2025 of . Most analysts recommend the Erie Indemnity Company Class A stock at Buy or hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 3.26 3.80
15.43% 16.45%
Net Margin 12.10% 13.97%
29.42% 15.45%

1 Analyst has issued a sales forecast Erie Indemnity Company Class A 2024 . The average Erie Indemnity Company Class A sales estimate is

$3.8b
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. This is
2.98% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$3.8b 2.98%
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, the lowest is
$3.8b 2.98%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $3.3b 15.43%
2024
$3.8b 16.45%
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2025
$4.2b 11.53%
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1 Analyst has issued a net profit forecast Erie Indemnity Company Class A 2024 . The average Erie Indemnity Company Class A net profit estimate is

$530m
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. This is
7.35% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$530m 7.35%
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, the lowest is
$530m 7.35%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $394m 49.38%
2024
$530m 34.47%
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2025
$666m 25.55%
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Net Margin

2023 12.10% 29.42%
2024
13.97% 15.45%
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2025
15.73% 12.60%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 8.47 11.39
49.38% 34.47%
P/E 36.81
EV/Sales 5.07

1 Analysts have issued a Erie Indemnity Company Class A forecast for earnings per share. The average Erie Indemnity Company Class A <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$11.39
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. This is
7.35% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$11.39 7.35%
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, the lowest is
$11.39 7.35%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $8.47 49.38%
2024
$11.39 34.47%
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2025
$14.30 25.55%
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P/E ratio

Current 39.51 9.71%
2024
36.81 6.83%
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2025
29.32 20.35%
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Based on analysts' sales estimates for 2024, the Erie Indemnity Company Class A stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 5.22 6.97%
2024
5.07 2.82%
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2025
4.55 10.34%
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P/S ratio

Current 5.30 7.25%
2024
5.14 2.89%
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2025
4.61 10.34%
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