EverQuote, Inc. (NASDAQ:EVER - Free Report) - Analysts at B. Riley raised their FY2025 earnings per share (EPS) estimates for EverQuote in a research note issued to investors on Monday, May 5th. B. Riley analyst Z. Cummins now forecasts that the company will post earnings per share of $1.41 for the year, up from their prior estimate of $1.24. The consensus estimate for EverQuote's current full-year earnings is $0.72 per share.
A number of other brokerages have also commented on EVER. Needham & Company LLC reiterated a "buy" rating and issued a $38.00 price objective on shares of EverQuote in a research report on Tuesday. Canaccord Genuity Group lowered their price target on shares of EverQuote from $35.00 to $30.00 and set a "buy" rating for the company in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. boosted their price target on shares of EverQuote from $29.00 to $30.00 and gave the stock an "overweight" rating in a research note on Tuesday. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $32.50.
Check Out Our Latest Stock Analysis on EverQuote
EverQuote Stock Down 1.2 %
EVER stock opened at $22.90 on Thursday. EverQuote has a twelve month low of $16.63 and a twelve month high of $30.03. The company has a market cap of $818.08 million, a P/E ratio of 67.35 and a beta of 0.45. The business has a fifty day moving average of $24.59 and a 200-day moving average of $21.27.
EverQuote (NASDAQ:EVER - Get Free Report) last posted its quarterly earnings data on Monday, February 24th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.18. The firm had revenue of $147.46 million during the quarter, compared to analysts' expectations of $133.83 million. EverQuote had a net margin of 3.31% and a return on equity of 13.94%.
Insiders Place Their Bets
In related news, Director John L. Shields sold 2,000 shares of EverQuote stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $20.93, for a total value of $41,860.00. Following the sale, the director now owns 26,515 shares of the company's stock, valued at approximately $554,958.95. This trade represents a 7.01 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jayme Mendal sold 14,360 shares of the company's stock in a transaction that occurred on Monday, April 21st. The stock was sold at an average price of $21.36, for a total value of $306,729.60. Following the transaction, the chief executive officer now directly owns 587,509 shares of the company's stock, valued at approximately $12,549,192.24. This trade represents a 2.39 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 193,967 shares of company stock worth $5,278,231. Insiders own 29.79% of the company's stock.
Institutional Investors Weigh In On EverQuote
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Counterpoint Mutual Funds LLC raised its position in EverQuote by 74.3% during the fourth quarter. Counterpoint Mutual Funds LLC now owns 38,053 shares of the company's stock worth $761,000 after acquiring an additional 16,217 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of EverQuote in the 4th quarter valued at about $236,000. Barclays PLC lifted its stake in EverQuote by 331.2% in the 3rd quarter. Barclays PLC now owns 50,983 shares of the company's stock valued at $1,076,000 after purchasing an additional 39,160 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in EverQuote by 3,022.8% during the third quarter. JPMorgan Chase & Co. now owns 385,629 shares of the company's stock worth $8,133,000 after purchasing an additional 373,280 shares during the period. Finally, Jump Financial LLC raised its stake in EverQuote by 18.2% in the fourth quarter. Jump Financial LLC now owns 72,000 shares of the company's stock valued at $1,439,000 after buying an additional 11,072 shares during the period. Institutional investors own 91.54% of the company's stock.
About EverQuote
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider EverQuote, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and EverQuote wasn't on the list.
While EverQuote currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
