Exzeo Group (NYSE:XZO) Stock Price Down 4.3% – What’s Next?

Exzeo Group, Inc. (NYSE:XZO) shares traded down 4.3% during trading on Thursday . The company traded as low as $18.35 and last traded at $18.35. 1,894 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 282,966 shares. The stock had previously closed at $19.17.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on XZO. Wall Street Zen upgraded shares of Exzeo Group to a “hold” rating in a research report on Monday, November 17th. Truist Financial assumed coverage on Exzeo Group in a report on Monday, December 1st. They issued a “buy” rating and a $25.00 price target on the stock. William Blair began coverage on Exzeo Group in a research note on Monday, December 1st. They set an “outperform” rating for the company. Zacks Research raised Exzeo Group to a “hold” rating in a research report on Tuesday, December 2nd. Finally, Citizens Jmp began coverage on Exzeo Group in a research report on Monday, December 1st. They issued a “market outperform” rating and a $27.00 price target for the company. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $26.00.

Exzeo Group Price Performance

Exzeo Group (NYSE:XZO) last released its quarterly earnings data on Wednesday, December 10th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.04. The firm had revenue of $55.17 million during the quarter, compared to analyst estimates of $54.40 million.

About Exzeo Group

Exzeo provides turnkey insurance technology and operations solutions to insurance carriers and their agents based on a proprietary platform of purpose-built software and data analytics applications that are specifically designed for the property and casualty, or P&C, insurance ecosystem. Exzeo’s Insurance-as-a-Service (IaaS) platform, which we refer to as the “Exzeo Platform,” currently includes nine highly configurable software and data analytics applications that are purpose-built to serve insurance companies and other customers in the insurance value chain.