Zacks Research Brokers Lift Earnings Estimates for EverQuote

EverQuote, Inc. (NASDAQ:EVER - Free Report) - Investment analysts at Zacks Research raised their Q1 2027 earnings estimates for EverQuote in a research report issued on Tuesday, May 27th. Zacks Research analyst T. De now expects that the company will earn $0.60 per share for the quarter, up from their prior forecast of $0.56. 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 $1.94 EPS.

EVER has been the topic of several other research reports. Needham & Company LLC restated a "buy" rating and issued a $38.00 target price on shares of EverQuote in a report on Tuesday, May 6th. Canaccord Genuity Group dropped their target price on shares of EverQuote from $35.00 to $30.00 and set a "buy" rating on the stock in a report on Monday, February 24th. Finally, JPMorgan Chase & Co. raised their target price on shares of EverQuote from $29.00 to $30.00 and gave the stock an "overweight" rating in a report on Tuesday, May 6th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $32.50.

EverQuote Trading Down 0.3%

EVER stock traded down $0.08 on Thursday, hitting $23.04. The company had a trading volume of 328,600 shares, compared to its average volume of 552,764. EverQuote has a 12-month low of $16.63 and a 12-month high of $30.03. The stock's 50-day simple moving average is $23.47 and its 200 day simple moving average is $21.86. The stock has a market cap of $823.08 million, a price-to-earnings ratio of 67.76 and a beta of 0.45.

EverQuote (NASDAQ:EVER - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The company reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.18. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. The firm had revenue of $147.46 million for the quarter, compared to analysts' expectations of $133.83 million.

Hedge Funds Weigh In On EverQuote

A number of large investors have recently made changes to their positions in EVER. R Squared Ltd purchased a new position in shares of EverQuote during the 4th quarter worth about $34,000. Asset Management One Co. Ltd. boosted its position in EverQuote by 80.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 4,582 shares of the company's stock valued at $90,000 after buying an additional 2,042 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in EverQuote in the 4th quarter valued at about $90,000. AlphaQuest LLC boosted its position in EverQuote by 53.9% in the 4th quarter. AlphaQuest LLC now owns 7,704 shares of the company's stock valued at $154,000 after buying an additional 2,698 shares during the period. Finally, FNY Investment Advisers LLC purchased a new stake in EverQuote in the 1st quarter valued at about $157,000. 91.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Jayme Mendal sold 65,117 shares of the business's stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $28.07, for a total value of $1,827,834.19. Following the sale, the chief executive officer now directly owns 619,156 shares in the company, valued at $17,379,708.92. The trade was a 9.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Ventures Lllp Link sold 1,022 shares of the business's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $28.75, for a total transaction of $29,382.50. Following the completion of the sale, the insider now owns 3,498,667 shares in the company, valued at approximately $100,586,676.25. This trade represents a 0.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 198,330 shares of company stock worth $5,376,526 in the last three months. Company insiders own 29.79% of the company's stock.

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.