Equities Analysts Issue Forecasts for Ping An Insurance (Group) Company of China, Ltd.’s FY2022 Earnings (OTCMKTS:PNGAY)

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAYGet Rating) – Research analysts at Jefferies Financial Group upped their FY2022 EPS estimates for Ping An Insurance (Group) Company of China in a research report issued on Wednesday, August 31st. Jefferies Financial Group analyst S. Chen now forecasts that the company will post earnings per share of $1.97 for the year, up from their prior forecast of $1.86. The consensus estimate for Ping An Insurance (Group) Company of China’s current full-year earnings is $1.80 per share. Jefferies Financial Group also issued estimates for Ping An Insurance (Group) Company of China’s FY2023 earnings at $2.53 EPS.

Ping An Insurance (Group) Company of China Price Performance

Shares of PNGAY opened at $11.54 on Monday. The company has a market cap of $105.48 billion, a price-to-earnings ratio of 6.52 and a beta of 0.53. Ping An Insurance has a 1-year low of $10.80 and a 1-year high of $17.86. The company’s fifty day simple moving average is $12.22 and its 200 day simple moving average is $13.14. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 1.02.

Ping An Insurance (Group) Company of China Company Profile

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Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and fintech and healthtech businesses in the People's Republic of China. The company's Life and Health Insurance segment offers term, whole-life, endowment, annuity, investment-linked, universal life, and health care and medical insurance to individual and corporate customers.

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