USD 405.57
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| ERIE | -0.0 | 2.1 | -4.4 | -16.0 | 6.1 | 19.8 | 128.4 | 139.3 | 361.5 | 2408.2 |
| S&P 500 | 1.0 | 1.8 | -0.9 | 2.7 | 7.3 | 26.5 | 31.0 | 80.1 | 196.5 | 33856.2 |
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| Attribute | Value |
|---|---|
| symbol | ERIE |
| name | Erie Indemnity Company |
| price | 405.57 |
| changes percentage | -0.0222 |
| change | -0.09 |
| day low | 405.325 |
| day high | 413.45 |
| year high | 547 |
| year low | 333.8 |
| market cap | 18732913287 |
| price avg 50 | 415.7752 |
| price avg 200 | 426.6634 |
| exchange | NASDAQ |
| volume | 107971 |
| avg volume | 143932 |
| open | 411.45 |
| previous close | 405.66 |
| eps | 10.68 |
| pe | 37.97 |
| earnings announcement | 2025-02-24T21:00:00.000+0000 |
| shares outstanding | 46189100 |
| timestamp | 2025-01-17 21:00:01 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000922621 | |||
| revenue | 3268940000 | 2840756000 | 15.07 |
| gross profit | 520256000 | 376846000 | 38.06 |
| gross profit ratio | 0.16 | 0.13 | 19.97 |
| research and development expenses | 0 | 0.13 | -100.00 |
| operating expenses | 0 | -2462295000 | 100.00 |
| interest income | 0 | 0 | NaN |
| interest expense | 0 | 2009000 | -100.00 |
| ebitda | 600232000 | 430181000 | 39.53 |
| ebitdaratio | 0.18 | 0.15 | 21.25 |
| operating income | 520256000 | 378461000 | 37.47 |
| operating income ratio | 0.16 | 0.13 | 19.46 |
| net income | 446061000 | 298569000 | 49.40 |
| net income ratio | 0.14 | 0.11 | 29.83 |
| eps | 9.66 | 6.41 | 50.70 |
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000922621 | |||
| revenue | 999886000 | 988179000 | 1.18 |
| gross profit | 180125000 | 187949000 | -4.16 |
| gross profit ratio | 0.18 | 0.19 | -5.28 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 819761000 | 1109000 | 73818.94 |
| interest income | 0 | 0 | NaN |
| interest expense | 0 | 0 | NaN |
| ebitda | 183050000 | 188413000 | -2.85 |
| ebitdaratio | 0.18 | 0.19 | -3.98 |
| operating income | 180125000 | 188413000 | -4.40 |
| operating income ratio | 0.18 | 0.19 | -5.52 |
| net income | 159830000 | 163903000 | -2.49 |
| net income ratio | 0.16 | 0.17 | -3.63 |
| eps | 3.46 | 3.52 | -1.70 |
Revenue Growth: revenue increased to 1,000 million in 2024Q3 from 988 million in 2024Q2 representing a change of 1.18%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit decreased to 180 million in 2024Q3 from 188 million in 2024Q2 representing a change of -4.16%. This indicates a sales profitability decline, which is a negative sign for the company.
Operating Expenses: Operating Expenses increased to 820 million in 2024Q3 from 1 million in 2024Q2 representing a change of 73818.94%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 183 million in 2024Q3 from 188 million in 2024Q2 representing a change of -2.85%. The decrease in EBITDA indicates declined operational efficiency and profitability.
Operating Income: Operating income decreased to 180 million in 2024Q3 from 188 million in 2024Q2 representing a change of -4.4%. The decrease in operating income indicates worse operational performance and decreased profitability.
Net Income: Net income decreased to 160 million in 2024Q3 from 164 million in 2024Q2 representing a change of -2.49%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 3.46 in 2024Q3 from 3.46 in 2024Q2 representing a change of -1.7%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000922621 | |||
| total assets | 2471964000 | 2239456000 | 10.38 |
| total liabilities | 809129000 | 791048000 | 2.29 |
| total equity | 1662835000 | 1282051000 | 29.70 |
| cash and cash equivalents | 144055000 | 142090000 | 1.38 |
| short term investments | 82017000 | 24267000 | 237.98 |
| long term investments | 963477000 | 967221000 | -0.39 |
| total current assets | 930189000 | 691294000 | 34.56 |
| total non current assets | 1541775000 | 1381095000 | 11.63 |
| total current liabilities | 708977000 | 502490000 | 41.09 |
| total non current liabilities | 100152000 | 502490000 | -80.07 |
| common stock | 2170000 | 2170000 | 0.00 |
| retained earnings | 2803689000 | 2583261000 | 8.53 |
| total debt | 112255000 | 122496000 | -8.36 |
Total Assets: Total Assets increased to 2,472 million in 2023 from 2,239 million in 2022 representing a change of 10.38%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 1,663 million in 2023 from 1,282 million in 2022 representing a change of 29.7%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 144 million in 2023 from 142 million in 2022 representing a change of 1.38%. This indicates an increase in available liquid assets.
Short Term Investments: Short Term Investments increased to 82 million in 2023 from 24 million in 2022 representing a change of 237.98%. This indicates an increase in short-term investment holdings.
Total Current Assets: Total Current Assets increased to 930 million in 2023 from 691 million in 2022 representing a change of 34.56%. This indicates a better liquidity position.
Retained Earnings: Retained Earnings increased to 2,804 million in 2023 from 2,583 million in 2022 representing a change of 8.53%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 112 million in 2023 from 122 million in 2022 representing a change of -8.36%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 809 million in 2023 from 791 million in 2022 representing a change of 2.29%. This indicates an increase in overall liabilities.
Total Current Liabilities: Total Current Liabilities increased to 709 million in 2023 from 502 million in 2022 representing a change of 41.09%. This indicates a higher short-term debt burden.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000922621 | |||
| total assets | 2864147000 | 2691960000 | 6.40 |
| total liabilities | 916192000 | 863147000 | 6.15 |
| total equity | 1947955000 | 1828813000 | 6.51 |
| cash and cash equivalents | 221213000 | 170634000 | 29.64 |
| short term investments | 48575000 | 47734000 | 1.76 |
| long term investments | 85346000 | 1080512000 | -92.10 |
| total current assets | 1097358000 | 1020272000 | 7.56 |
| total non current assets | 1766789000 | 1671688000 | 5.69 |
| total current liabilities | 1537961000 | 772272000 | 99.15 |
| total non current liabilities | 122034000 | 90875000 | 34.29 |
| common stock | 2170000 | 2170000 | 0.00 |
| retained earnings | 3073843000 | 2973390000 | 3.38 |
| total debt | 0 | 6345000 | -100.00 |
Total Assets: Total Assets increased to 2,864 million in 2024Q3 from 2,692 million in 2024Q2 representing a change of 6.4%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 1,948 million in 2024Q3 from 1,829 million in 2024Q2 representing a change of 6.51%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 221 million in 2024Q3 from 171 million in 2024Q2 representing a change of 29.64%. This indicates an increase in available liquid assets.
Short Term Investments: Short Term Investments increased to 49 million in 2024Q3 from 48 million in 2024Q2 representing a change of 1.76%. This indicates an increase in short-term investment holdings.
Total Current Assets: Total Current Assets increased to 1,097 million in 2024Q3 from 1,020 million in 2024Q2 representing a change of 7.56%. This indicates a better liquidity position.
Retained Earnings: Retained Earnings increased to 3,074 million in 2024Q3 from 2,973 million in 2024Q2 representing a change of 3.38%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 0 million in 2024Q3 from 6 million in 2024Q2 representing a change of -100.0%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 916 million in 2024Q3 from 863 million in 2024Q2 representing a change of 6.15%. This indicates an increase in overall liabilities.
Total Current Liabilities: Total Current Liabilities increased to 1,538 million in 2024Q3 from 772 million in 2024Q2 representing a change of 99.15%. This indicates a higher short-term debt burden.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000922621 | |||
| net change in cash | 1965000 | -41612000 | 104.72 |
| operating cash flow | 381205000 | 366152000 | 4.11 |
| free cash flow | 288558000 | 298948000 | -3.48 |
| capital expenditure | -92647000 | -67204000 | -37.86 |
| depreciation and amortization | 53592000 | 51720000 | 3.62 |
| deferred income tax | -1002000 | 9468000 | -110.58 |
| stock based compensation | 0 | 5000000 | -100.00 |
| accounts payables | 7237000 | 18993000 | -61.90 |
| inventory | 0 | 47812000 | -100.00 |
| acquisitions net | 0 | 265000 | -100.00 |
| investments in property plant and equipment | -92647000 | -67204000 | -37.86 |
| net cash used for investing activites | -157565000 | -106922000 | -47.36 |
| debt repayment | 0 | -94070000 | 100.00 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | 0 | 0 | NaN |
| dividends paid | -221675000 | -206772000 | -7.21 |
| net cash used provided by financing activities | -221675000 | -300842000 | 26.32 |
| cash at end of period | 144055000 | 142090000 | 1.38 |
| accounts receivables | 0 | -47812000 | 100.00 |
| cash at beginning of period | 142090000 | 183702000 | -22.65 |
Net Change in Cash: Net Change in Cash increased to 2 million in 2023 from -42 million in 2022 representing a change of 104.72%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 381 million in 2023 from 366 million in 2022 representing a change of 4.11%. This indicates that the company generated more cash from its core business operations.
Capital Expenditure: Capital Expenditure decreased to -93 million in 2023 from -67 million in 2022 representing a change of -37.86%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2023 from 5 million in 2022 representing a change of -100.0%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Accounts Payables: The absolute value of Accounts Payables decreased to 7 million in 2023 from 19 million in 2022 representing a change of -61.9%. This indicates that the company has reduced its outstanding obligations to its suppliers.
Free Cash Flow: Free Cash Flow decreased to 289 million in 2023 from 299 million in 2022 representing a change of -3.48%. This indicates a decrease in cash generated after accounting for capital expenditures.
Accounts Receivables: Accounts Receivables increased to 0 in 2023 from -48 million in 2022 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.
Dividends Paid: Dividends Paid decreased to -222 million in 2023 from -207 million in 2022 representing a change of -7.21%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000922621 | |||
| operating cash flow | 199171000 | 131426999 | 51.54 |
| free cash flow | 171457000 | 103384999 | 65.84 |
| capital expenditure | -27714000 | -28042000 | 1.17 |
| depreciation and amortization | 0 | 0 | NaN |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | -15886000 | 0 | NaN |
| accounts receivables | 0 | 911833000 | -100.00 |
| accounts payables | -394314000 | -374506000 | -5.29 |
| inventory | 0 | 0 | NaN |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | -27714000 | -28042000 | 1.17 |
| net cash used for investing activites | -90774000 | -52633000 | -72.47 |
| debt repayment | 0 | 0 | NaN |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | 0 | 0 | NaN |
| dividends paid | -59378000 | -59377000 | -0.00 |
| net cash used provided by financing activities | -57818000 | -53032000 | -9.02 |
| net change in cash | 50579000 | 25762000 | 96.33 |
| cash at end of period | 221213000 | 170634000 | 29.64 |
| cash at beginning of period | 170634000 | 144872000 | 17.78 |
Net Change in Cash: Net Change in Cash increased to 51 million in 2024Q3 from 26 million in 2024Q2 representing a change of 96.33%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 199 million in 2024Q3 from 131 million in 2024Q2 representing a change of 51.54%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 171 million in 2024Q3 from 103 million in 2024Q2 representing a change of 65.84%. This indicates an increase in cash generated after accounting for capital expenditures.
Stock-Based Compensation: Stock-Based Compensation decreased to -16 million in 2024Q3 from 0 million in 2024Q2 representing a change of nan%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Accounts Receivables: Accounts Receivables decreased to 0 million in 2024Q3 from 912 million in 2024Q2 representing a change of -100.0%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Capital Expenditure: Capital Expenditure increased to -28 million in 2024Q3 from -28 million in 2024Q2 representing a change of 1.17%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Accounts Payables: The absolute value of Accounts Payables increased to 394 million in 2024Q3 from 375 million in 2024Q2 representing a change of -5.29%. This indicates that the company has increased its outstanding obligations to its suppliers.
Dividends Paid: Dividends Paid decreased to -59 million in 2024Q3 from -59 million in 2024Q2 representing a change of -0.0%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 70.77 | 61.0 | 16.02 |
| net income per share | 9.66 | 6.41 | 50.63 |
| operating cash flow per share | 8.25 | 7.86 | 4.97 |
| free cash flow per share | 6.25 | 6.42 | -2.68 |
| cash per share | 4.89 | 3.57 | 37.02 |
| book value per share | 36.0 | 31.1 | 15.75 |
| tangible book value per share | 37.07 | 30.18 | 22.83 |
| shareholders equity per share | 36.0 | 31.1 | 15.75 |
| interest debt per share | 2.43 | 2.67 | -9.09 |
| market cap | 15469613851.44 | 11582944123.52 | 33.56 |
| enterprise value | 15437813851.44 | 11563350123.52 | 33.51 |
| pe ratio | 34.68 | 38.79 | -10.61 |
| price to sales ratio | 4.73 | 4.08 | 16.06 |
| pocfratio | 40.58 | 31.63 | 28.28 |
| pfcf ratio | 53.61 | 38.75 | 38.36 |
| pb ratio | 9.3 | 8.0 | 16.33 |
| ptb ratio | 9.3 | 8.0 | 16.33 |
| ev to sales | 4.72 | 4.07 | 16.02 |
| enterprise value over ebitda | 25.72 | 26.88 | -4.32 |
| ev to operating cash flow | 40.5 | 31.58 | 28.23 |
| ev to free cash flow | 53.5 | 38.68 | 38.31 |
| earnings yield | 0.03 | 0.03 | 11.86 |
| free cash flow yield | 0.02 | 0.03 | -27.73 |
| debt to equity | 0.07 | 0.08 | -20.18 |
| debt to assets | 0.05 | 0.05 | -16.98 |
| net debt to ebitda | -0.05 | -0.05 | -16.32 |
| current ratio | 1.31 | 1.38 | -4.63 |
| interest coverage | 0 | 188.38 | -100.00 |
| income quality | 0.85 | 1.23 | -30.31 |
| dividend yield | 0.01 | 0.02 | -19.73 |
| payout ratio | 0.5 | 0.69 | -28.24 |
| sales general and administrative to revenue | 0.23 | 0.24 | -4.14 |
| research and ddevelopement to revenue | 0 | 0.0 | -100.00 |
| intangibles to total assets | -0.02 | 0.02 | -204.89 |
| capex to operating cash flow | 0.24 | 0.18 | 32.42 |
| capex to revenue | 0.03 | 0.02 | 19.80 |
| capex to depreciation | 1.73 | 1.3 | 33.04 |
| stock based compensation to revenue | 0 | 0.0 | -100.00 |
| graham number | 88.45 | 66.98 | 32.05 |
| roic | 0.23 | 0.19 | 22.52 |
| return on tangible assets | 0.18 | 0.14 | 30.15 |
| graham net net | -2.32 | -5.9 | 60.75 |
| working capital | 221212000 | 188804000 | 17.16 |
| tangible asset value | 1712364000 | 1405630000 | 21.82 |
| net current asset value | 121060000 | -99754000 | 221.36 |
| invested capital | 614293000 | 645456000 | -4.83 |
| average receivables | 579866500 | 502030000 | 15.50 |
| average payables | 168401000 | 152116000 | 10.71 |
| average inventory | -43751000 | -75005500 | 41.67 |
| days sales outstanding | 70.88 | 67.45 | 5.09 |
| days payables outstanding | 22.69 | 24.58 | -7.67 |
| days of inventory on hand | 0 | -12.96 | 100.00 |
| receivables turnover | 5.15 | 5.41 | -4.84 |
| payables turnover | 16.08 | 14.85 | 8.31 |
| inventory turnover | 0 | -28.16 | 100.00 |
| roe | 0.27 | 0.21 | 30.13 |
| capex per share | 2.01 | 1.44 | 39.00 |
ROE: Return on Equity (ROE) increased to 0.27 on 2023-12-31 from 0.21 on 2022-12-31, representing a change of 30.13%. Suggesting the company has been generating high returns for its shareholders.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.07 on 2023-12-31 from 0.08 on 2022-12-31, representing a change of -20.18%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 34.68 on 2023-12-31 from 38.79 on 2022-12-31, representing a change of -10.61%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 1.31 on 2023-12-31 from 1.38 on 2022-12-31, representing a change of -4.63%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.
| 2024-09-30 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| ERIE | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 21.65 | 21.22 | 2.01 |
| net income per share | 3.46 | 3.52 | -1.69 |
| operating cash flow per share | 4.31 | 2.82 | 52.79 |
| free cash flow per share | 3.71 | 2.22 | 67.20 |
| cash per share | 5.84 | 4.69 | 24.56 |
| book value per share | 42.17 | 39.27 | 7.39 |
| tangible book value per share | 42.17 | 18.1 | 133.01 |
| shareholders equity per share | 42.17 | 39.27 | 7.39 |
| interest debt per share | 0 | 0.14 | -100.00 |
| market cap | 24935150051.82 | 16965575590.6 | 46.97 |
| enterprise value | 24713937051.82 | 16801286590.6 | 47.10 |
| pe ratio | 39.0 | 25.88 | 50.72 |
| price to sales ratio | 24.94 | 17.17 | 45.25 |
| pocfratio | 125.19 | 129.09 | -3.02 |
| pfcf ratio | 145.43 | 164.1 | -11.38 |
| pb ratio | 12.8 | 9.28 | 37.99 |
| ptb ratio | 12.8 | 9.28 | 37.99 |
| ev to sales | 24.72 | 17.0 | 45.37 |
| enterprise value over ebitda | 135.01 | 89.17 | 51.41 |
| ev to operating cash flow | 124.08 | 127.84 | -2.94 |
| ev to free cash flow | 144.14 | 162.51 | -11.30 |
| earnings yield | 0.01 | 0.01 | -33.65 |
| free cash flow yield | 0.01 | 0.01 | 12.84 |
| debt to equity | 0 | 0.0 | -100.00 |
| debt to assets | 0 | 0.0 | -100.00 |
| net debt to ebitda | -1.21 | -0.87 | -38.59 |
| current ratio | 0.71 | 1.32 | -45.99 |
| interest coverage | 0 | 0 | NaN |
| income quality | -0.69 | 0.8 | -186.11 |
| dividend yield | 0.0 | 0.0 | -31.96 |
| payout ratio | 0.37 | 0.36 | 2.55 |
| sales general and administrative to revenue | 0.02 | 0.21 | -91.77 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0 | 0.37 | -100.00 |
| capex to operating cash flow | 0.14 | 0.21 | -34.78 |
| capex to revenue | 0.03 | 0.03 | -2.33 |
| capex to depreciation | 0 | 0 | NaN |
| stock based compensation to revenue | -0.02 | 0 | NaN |
| graham number | 57.3 | 55.76 | 2.75 |
| roic | 0.11 | 0.08 | 39.76 |
| return on tangible assets | 0.06 | 0.1 | -41.92 |
| graham net net | -2.03 | -2.28 | 10.90 |
| working capital | -440603000 | 248000000 | -277.66 |
| tangible asset value | 1947955000 | 842849999 | 131.12 |
| net current asset value | 181166000 | 157125000 | 15.30 |
| invested capital | 40104000 | 1703108001 | -97.65 |
| average receivables | 727674000 | 684765500 | 6.27 |
| average payables | 196669000 | 205875500 | -4.47 |
| average inventory | 0 | 0 | NaN |
| days sales outstanding | 66.34 | 65.43 | 1.39 |
| days payables outstanding | 21.37 | 22.35 | -4.37 |
| days of inventory on hand | 0 | 0 | NaN |
| receivables turnover | 1.36 | 1.38 | -1.37 |
| payables turnover | 4.21 | 4.03 | 4.57 |
| inventory turnover | 0 | 0 | NaN |
| roe | 0.08 | 0.09 | -8.45 |
| capex per share | 0.6 | 0.6 | -0.36 |
ROE:
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 39.00 on 2024-09-30 Q3 from 25.88 on 2024-06-30 Q2, representing a change of 50.72%. Indicating an increase in the relative valuation of the company's stock.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2024-09-30 Q3 from 0.00 on 2024-06-30 Q2, representing a change of -100.00%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
Current Ratio: Current Ratio decreased to 0.71 on 2024-09-30 Q3 from 1.32 on 2024-06-30 Q2, representing a change of -45.99%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Negative Sentiment: Discounted Cash Flow value is 202.55 which is lower than current price 405.57, indicates the company may be overvalued.
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Positive
Publish Date: 2025-01-03 23:54:10
Happy New Year! Kicking off 2025 with four companies offering inflation-beating dividend increases, averaging 10.8% with a median of 11%. My strategy focuses on buying, holding, and adding companies with consistent dividend growth and market outperformance, using data from U.S. Dividend Champions and NASDAQ. I seek companies with exceptional past performance and potential for continued growth, emphasizing thorough historical data analysis and prudent investment decisions.
Sentiment: Positive
Publish Date: 2024-12-13 13:31:15
ERIE's recent dividend hike reflects its solid capital position and balance sheet strength, which support effective capital deployment.
Sentiment: Positive
Publish Date: 2024-11-04 12:00:26
ERIE's Q3 results reflect higher management fees and increased net investment income, offset by higher expenses.
Sentiment: Positive
Publish Date: 2024-11-01 12:13:34
Erie Indemnity Company (NASDAQ:ERIE ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Scott Beilharz - VP, IR Tim NeCastro - President and CEO Julie Pelkowski - EVP and CFO Operator Good morning, and welcome to the Erie Indemnity Company Third Quarter 2024 Earnings Conference Call. This call was prerecorded, and there will be no question-and-answer session following the recording.
Sentiment: Positive
Publish Date: 2024-10-31 18:31:26
Erie Indemnity (ERIE) came out with quarterly earnings of $3.06 per share, beating the Zacks Consensus Estimate of $2.99 per share. This compares to earnings of $2.51 per share a year ago.
Sentiment: Positive
Publish Date: 2024-10-31 16:15:00
Net Income per Diluted Share was $3.06 for the Quarter and $8.57 for the Nine Months of 2024 ERIE, Pa. , Oct. 31, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter and nine months ending September 30, 2024.
Sentiment: Positive
Publish Date: 2024-10-29 15:01:13
ERIE's third-quarter results are likely to benefit from improved performance at both the personal and commercial lines.
Sentiment: Positive
Publish Date: 2024-10-26 23:58:57
Erie Indemnity's Q2 results were strong, with EPS of $3.13 beating estimates and revenue increasing by 17.9% year-over-year to $990.44 million. Despite recent stock resistance, Erie's strong management fee revenue and customer retention highlight its robust business model and growth potential. More recently, ERIE stock fell: investors may have reacted to potential higher operational costs and Federal Reserve interest rate concerns, causing recent stock price fluctuations.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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Interpret Technical Indicators
| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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