Q1 Earnings Estimate for EverQuote Issued By Zacks Research

EverQuote, Inc. (NASDAQ:EVER - Free Report) - Zacks Research lifted their Q1 2027 earnings per share (EPS) estimates for shares of EverQuote in a note issued to investors on Thursday, June 12th. Zacks Research analyst T. De now anticipates that the company will post earnings of $0.65 per share for the quarter, up from their previous forecast of $0.60. The consensus estimate for EverQuote's current full-year earnings is $0.72 per share. Zacks Research also issued estimates for EverQuote's FY2027 earnings at $2.00 EPS.

A number of other brokerages have also weighed in on EVER. Canaccord Genuity Group lowered their target price on EverQuote from $35.00 to $30.00 and set a "buy" rating for the company in a research note on Monday, February 24th. JPMorgan Chase & Co. raised their price objective on shares of EverQuote from $29.00 to $30.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $38.00 target price on shares of EverQuote in a research report on Tuesday, May 6th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, EverQuote has an average rating of "Buy" and an average price target of $32.50.

EverQuote Stock Down 0.1%

EVER stock traded down $0.03 during midday trading on Monday, reaching $24.52. 552,879 shares of the company's stock traded hands, compared to its average volume of 547,530. The company has a market cap of $875.95 million, a price-to-earnings ratio of 24.04 and a beta of 0.33. The company has a 50-day simple moving average of $23.68 and a two-hundred day simple moving average of $22.39. EverQuote has a 1-year low of $16.63 and a 1-year high of $30.03.

Institutional Trading of EverQuote

Institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of EverQuote by 4.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,383 shares of the company's stock valued at $288,000 after purchasing an additional 608 shares during the period. Corton Capital Inc. increased its holdings in EverQuote by 3.4% in the fourth quarter. Corton Capital Inc. now owns 21,592 shares of the company's stock valued at $432,000 after purchasing an additional 714 shares during the last quarter. Legal & General Group Plc lifted its stake in EverQuote by 4.8% in the fourth quarter. Legal & General Group Plc now owns 21,985 shares of the company's stock valued at $439,000 after buying an additional 1,012 shares during the period. Rhumbline Advisers boosted its holdings in EverQuote by 4.0% during the fourth quarter. Rhumbline Advisers now owns 34,899 shares of the company's stock worth $698,000 after buying an additional 1,332 shares during the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in EverQuote by 2.8% during the fourth quarter. Canada Pension Plan Investment Board now owns 55,600 shares of the company's stock worth $1,111,000 after buying an additional 1,500 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company's stock.

Insider Activity

In related news, CTO David Brainard sold 4,113 shares of the business's stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $22.41, for a total transaction of $92,172.33. Following the completion of the sale, the chief technology officer now directly owns 143,874 shares of the company's stock, valued at $3,224,216.34. The trade was a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director David B. Blundin sold 77,600 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $28.67, for a total transaction of $2,224,792.00. Following the completion of the transaction, the director now owns 97,920 shares in the company, valued at $2,807,366.40. This represents a 44.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 132,765 shares of company stock valued at $3,535,968 over the last 90 days. 29.79% of the stock is owned by company insiders.

EverQuote Company Profile

EverQuote, Inc operates an online marketplace for insurance shopping in the United States. The company offers auto, home and renters, and life insurance. The company serves carriers and agents, as well as indirect distributors. The company was formerly known as AdHarmonics, Inc, and changed its name to EverQuote, Inc in November 2014.