FY2025 EPS Estimates for EverQuote Increased by Analyst

Key Points

• William Blair has increased its FY2025 earnings per share estimate for EverQuote to $1.57, up from the previous estimate of $1.39, indicating strong growth expectations.
• EverQuote reported a 33.7% year-over-year revenue increase for the last quarter, reaching $156.63 million, alongside an earnings per share of $0.39 that surpassed consensus estimates.
• Institutional investors hold a significant stake in EverQuote, with 91.54% of its stock owned by hedge funds and institutional investors, reflecting strong market confidence.

EverQuote, Inc. (NASDAQ:EVER - Free Report) - Research analysts at William Blair increased their FY2025 earnings estimates for EverQuote in a research report issued to clients and investors on Monday, August 4th. William Blair analyst R. Schackart now anticipates that the company will post earnings of $1.57 per share for the year, up from their prior estimate of $1.39. The consensus estimate for EverQuote's current full-year earnings is $0.72 per share. William Blair also issued estimates for EverQuote's Q4 2025 earnings at $0.35 EPS.

EverQuote (NASDAQ:EVER - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. The firm had revenue of $156.63 million during the quarter, compared to analysts' expectations of $157.19 million. EverQuote had a net margin of 7.57% and a return on equity of 36.90%. The business's quarterly revenue was up 33.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.17 earnings per share.

Several other research analysts have also recently commented on the stock. Needham & Company LLC reiterated a "buy" rating and set a $38.00 price target on shares of EverQuote in a report on Tuesday, August 5th. 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 report on Tuesday, May 6th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $32.40.

EverQuote Price Performance

Shares of EVER stock traded down $0.13 during trading on Thursday, reaching $23.62. The company's stock had a trading volume of 165,407 shares, compared to its average volume of 546,840. The company has a market capitalization of $843.91 million, a price-to-earnings ratio of 19.09 and a beta of 0.37. The stock's 50-day moving average price is $24.67 and its 200 day moving average price is $23.99. EverQuote has a 1-year low of $16.63 and a 1-year high of $30.03.

Insider Activity at EverQuote

In other news, CEO Jayme Mendal sold 14,360 shares of the company's stock in a transaction on Monday, July 21st. The shares were sold at an average price of $24.87, for a total transaction of $357,133.20. Following the transaction, the chief executive officer directly owned 527,140 shares of the company's stock, valued at $13,109,971.80. This represents a 2.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO David Brainard sold 6,609 shares of the company's stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $23.54, for a total transaction of $155,575.86. Following the transaction, the chief technology officer directly owned 142,665 shares in the company, valued at approximately $3,358,334.10. This trade represents a 4.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 63,162 shares of company stock worth $1,524,781 in the last 90 days. Corporate insiders own 29.79% of the company's stock.

Hedge Funds Weigh In On EverQuote

Institutional investors and hedge funds have recently made changes to their positions in the stock. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in EverQuote by 20.5% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 20,277 shares of the company's stock valued at $490,000 after acquiring an additional 3,453 shares in the last quarter. Integrated Quantitative Investments LLC increased its holdings in EverQuote by 440.8% during the 2nd quarter. Integrated Quantitative Investments LLC now owns 50,338 shares of the company's stock valued at $1,217,000 after acquiring an additional 41,030 shares in the last quarter. Intech Investment Management LLC increased its holdings in EverQuote by 8.7% during the 2nd quarter. Intech Investment Management LLC now owns 17,273 shares of the company's stock valued at $418,000 after acquiring an additional 1,384 shares in the last quarter. Cetera Investment Advisers increased its holdings in EverQuote by 4.3% during the 2nd quarter. Cetera Investment Advisers now owns 16,204 shares of the company's stock valued at $392,000 after acquiring an additional 675 shares in the last quarter. Finally, Creative Planning increased its holdings in EverQuote by 32.4% during the 2nd quarter. Creative Planning now owns 10,526 shares of the company's stock valued at $255,000 after acquiring an additional 2,576 shares in the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

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.