Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Insurance Brokers

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation and sales and advertising support services; underwriting services that include underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.

Revenue projections:

Revenue projections for ERIE
Revenue projections for ERIE

With Erie Indemnity Company's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 1.268000
forwardPE 17.844397
debtToEquity 2.712000
earningsGrowth -0.584000
revenueGrowth 0.029000
grossMargins 0.176330
operatingMargins 0.171640
trailingEps 10.700000
forwardEps 14.010000

The current ratio for Erie Indemnity Company is 1.268, indicating that the company can service its short-term debt using available cash and assets. This suggests Erie Indemnity Company has strong liquidity, with more than enough resources to meet its immediate financial commitments.
ERIE's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
ERIE's low earnings and revenue growth point to a likely decrease in profits. This suggests that the company is facing financial difficulties and may struggle to maintain its current level of profitability.
Erie Indemnity Company's negative gross and operating margins suggest that the company is currently facing financial difficulties, as it is unable to cover production and operational costs. This could result in significant losses if not addressed.
Erie Indemnity Company's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for Erie Indemnity Company's financial performance.

Recommendation changes over time:

Recommendations trend for ERIE
Recommendations trend for ERIE


Erie Indemnity Company has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view Erie Indemnity Company as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.