B. Riley Weighs in on EverQuote’s Q1 Earnings (NASDAQ:EVER)

EverQuote, Inc. (NASDAQ:EVER) – Equities research analysts at B. Riley raised their Q1 2025 earnings per share (EPS) estimates for EverQuote in a research note issued to investors on Monday, February 24th. B. Riley analyst Z. Cummins now anticipates that the company will post earnings of $0.34 per share for the quarter, up from their prior forecast of $0.14. B. Riley has a “Buy” rating and a $29.00 price target on the stock. The consensus estimate for EverQuote’s current full-year earnings is $0.72 per share. B. Riley also issued estimates for EverQuote’s Q2 2025 earnings at $0.32 EPS, FY2025 earnings at $1.24 EPS and FY2026 earnings at $1.30 EPS.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings results on Monday, February 24th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.18. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. The firm had revenue of $147.46 million for the quarter, compared to analysts’ expectations of $133.83 million.

A number of other research analysts also recently weighed in on EVER. Needham & Company LLC raised their price objective on EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday. Raymond James raised EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target on the stock in a research note on Thursday, December 26th. JPMorgan Chase & Co. boosted their price target on EverQuote from $25.00 to $29.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Canaccord Genuity Group reduced their price objective on EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $32.33.

EverQuote Price Performance

Shares of EverQuote stock opened at $25.78 on Thursday. The firm has a market cap of $911.35 million, a price-to-earnings ratio of 75.82 and a beta of 0.96. EverQuote has a 52-week low of $14.28 and a 52-week high of $28.09. The stock has a 50-day simple moving average of $20.25 and a 200-day simple moving average of $20.17.

Insider Activity

In other EverQuote news, Director John L. Shields sold 2,000 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $20.00, for a total transaction of $40,000.00. Following the sale, the director now owns 28,515 shares in the company, valued at $570,300. This represents a 6.55 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO David Brainard sold 14,590 shares of the company’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $17.44, for a total value of $254,449.60. Following the completion of the transaction, the chief technology officer now owns 137,291 shares of the company’s stock, valued at $2,394,355.04. The trade was a 9.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 63,806 shares of company stock worth $1,262,374. Insiders own 29.79% of the company’s stock.

Hedge Funds Weigh In On EverQuote

Hedge funds have recently made changes to their positions in the business. Emerald Mutual Fund Advisers Trust lifted its position in EverQuote by 572.1% during the third quarter. Emerald Mutual Fund Advisers Trust now owns 504,081 shares of the company’s stock valued at $10,631,000 after buying an additional 429,084 shares during the period. Emerald Advisers LLC increased its stake in EverQuote by 165.8% during the 3rd quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock valued at $13,498,000 after purchasing an additional 399,257 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in EverQuote during the 3rd quarter valued at about $1,223,000. Versor Investments LP bought a new stake in EverQuote during the 3rd quarter valued at about $327,000. Finally, Victory Capital Management Inc. boosted its holdings in shares of EverQuote by 97.3% during the 3rd quarter. Victory Capital Management Inc. now owns 29,019 shares of the company’s stock valued at $612,000 after acquiring an additional 14,311 shares during the last quarter. 91.54% of the stock is owned by hedge funds and other institutional investors.

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.