EverQuote (EVER) Set to Announce Quarterly Earnings on Monday

EverQuote (NASDAQ:EVER) is scheduled to post its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect EverQuote to post earnings of $0.19 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.14. The company had revenue of $117.14 million during the quarter, compared to the consensus estimate of $102.81 million. EverQuote had a negative net margin of 8.55% and a negative return on equity of 13.24%. The firm’s revenue was up 72.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.31) earnings per share. On average, analysts expect EverQuote to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

EverQuote Trading Down 4.2 %

EVER opened at $17.22 on Friday. The stock has a market capitalization of $604.08 million, a P/E ratio of -20.50 and a beta of 1.04. EverQuote has a 12 month low of $7.11 and a 12 month high of $28.09. The firm’s fifty day simple moving average is $20.78 and its 200 day simple moving average is $21.77.

Insiders Place Their Bets

In other news, major shareholder Ventures Lllp Link sold 7,680 shares of the business’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $27.08, for a total transaction of $207,974.40. Following the transaction, the insider now directly owns 3,510,721 shares in the company, valued at $95,070,324.68. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, major shareholder Ventures Lllp Link sold 7,680 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $27.08, for a total transaction of $207,974.40. Following the transaction, the insider now directly owns 3,510,721 shares of the company’s stock, valued at approximately $95,070,324.68. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David B. Blundin sold 65,718 shares of the stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $27.08, for a total value of $1,779,643.44. Following the completion of the sale, the director now owns 192,305 shares in the company, valued at approximately $5,207,619.40. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 93,668 shares of company stock valued at $2,418,629. 29.79% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

EVER has been the subject of a number of research reports. JPMorgan Chase & Co. increased their price objective on EverQuote from $29.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. Craig Hallum boosted their price objective on shares of EverQuote from $30.00 to $33.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Finally, Needham & Company LLC raised their target price on shares of EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $29.58.

About EverQuote

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.