William Blair Has Bearish Forecast for EverQuote Q4 Earnings

EverQuote, Inc. (NASDAQ:EVER) – Investment analysts at William Blair cut their Q4 2024 earnings per share estimates for shares of EverQuote in a research note issued on Tuesday, November 5th. William Blair analyst R. Schackart now expects that the company will post earnings of $0.20 per share for the quarter, down from their previous forecast of $0.23. The consensus estimate for EverQuote’s current full-year earnings is $0.57 per share. William Blair also issued estimates for EverQuote’s Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.24 EPS and FY2025 earnings at $0.89 EPS.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.09. The firm had revenue of $144.53 million for the quarter, compared to analyst estimates of $140.30 million. EverQuote had a net margin of 3.31% and a return on equity of 15.01%. The company’s revenue for the quarter was up 162.7% on a year-over-year basis. During the same quarter last year, the firm earned ($0.40) earnings per share.

Several other research firms also recently commented on EVER. JPMorgan Chase & Co. lowered their target price on shares of EverQuote from $34.00 to $28.00 and set an “overweight” rating on the stock in a research report on Tuesday. Craig Hallum raised their price objective on EverQuote from $30.00 to $33.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Needham & Company LLC boosted their target price on EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. Finally, B. Riley lowered their price target on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a report on Tuesday. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $28.50.

EverQuote Trading Down 3.2 %

EverQuote stock opened at $18.47 on Thursday. EverQuote has a 1-year low of $7.95 and a 1-year high of $28.09. The firm’s fifty day simple moving average is $20.47 and its 200-day simple moving average is $21.77. The company has a market capitalization of $647.93 million, a P/E ratio of 55.32 and a beta of 1.06.

Insider Buying and Selling

In other EverQuote news, Director George R. Neble sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $19.42, for a total value of $48,550.00. Following the sale, the director now owns 54,970 shares of the company’s stock, valued at $1,067,517.40. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, Director George R. Neble sold 2,500 shares of the company’s stock in a transaction on Thursday, October 10th. The shares were sold at an average price of $19.42, for a total transaction of $48,550.00. Following the completion of the transaction, the director now directly owns 54,970 shares in the company, valued at $1,067,517.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO David Brainard sold 1,641 shares of the stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $20.22, for a total transaction of $33,181.02. Following the completion of the sale, the chief technology officer now directly owns 155,491 shares of the company’s stock, valued at approximately $3,144,028.02. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 20,270 shares of company stock valued at $431,011. Insiders own 29.79% of the company’s stock.

Institutional Investors Weigh In On EverQuote

A number of institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its holdings in EverQuote by 127.6% in the 1st quarter. BNP Paribas Financial Markets now owns 54,755 shares of the company’s stock valued at $1,016,000 after acquiring an additional 30,699 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of EverQuote by 244,503.3% during the first quarter. Russell Investments Group Ltd. now owns 293,524 shares of the company’s stock valued at $5,448,000 after purchasing an additional 293,404 shares during the period. State Board of Administration of Florida Retirement System acquired a new position in shares of EverQuote in the first quarter valued at $211,000. First Eagle Investment Management LLC lifted its position in EverQuote by 3.6% in the first quarter. First Eagle Investment Management LLC now owns 532,138 shares of the company’s stock worth $9,876,000 after purchasing an additional 18,523 shares during the period. Finally, Vanguard Group Inc. boosted its stake in EverQuote by 2.7% during the first quarter. Vanguard Group Inc. now owns 1,157,714 shares of the company’s stock worth $21,487,000 after buying an additional 30,577 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.