Q4 Earnings Forecast for EverQuote Issued By Zacks Research

EverQuote, Inc. (NASDAQ:EVER) – Equities researchers at Zacks Research boosted their Q4 2024 earnings per share estimates for EverQuote in a research report issued on Monday, November 18th. Zacks Research analyst T. De now forecasts that the company will earn $0.08 per share for the quarter, up from their prior estimate of $0.07. The consensus estimate for EverQuote’s current full-year earnings is $0.69 per share. Zacks Research also issued estimates for EverQuote’s Q1 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.72 EPS and FY2026 earnings at $0.97 EPS.

A number of other brokerages have also recently commented on EVER. Needham & Company LLC raised 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. JPMorgan Chase & Co. lowered their price objective on EverQuote from $34.00 to $28.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 5th. Craig Hallum increased their target price on shares of EverQuote from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. Finally, B. Riley lowered their price target on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $28.50.

EverQuote Trading Up 0.3 %

EVER opened at $18.85 on Wednesday. EverQuote has a 1-year low of $8.18 and a 1-year high of $28.09. The firm’s 50 day simple moving average is $19.77 and its two-hundred day simple moving average is $21.72. The company has a market capitalization of $666.37 million, a PE ratio of 55.44 and a beta of 1.06.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.09. The firm had revenue of $144.53 million for the quarter, compared to analysts’ expectations of $140.30 million. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. The business’s quarterly revenue was up 162.7% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.40) EPS.

Insider Transactions at EverQuote

In other news, Director George R. Neble sold 2,500 shares of the company’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 transaction of $48,550.00. Following the sale, the director now directly owns 54,970 shares of the company’s stock, valued at $1,067,517.40. This represents a 4.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO David Brainard sold 1,641 shares of the firm’s 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 transaction, 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 1.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,716 shares of company stock valued at $188,810. 29.79% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On EverQuote

A number of hedge funds have recently bought and sold shares of the business. Gladius Capital Management LP bought a new stake in EverQuote during the third quarter worth approximately $26,000. Quarry LP lifted its holdings in EverQuote by 215.5% during the 2nd quarter. Quarry LP now owns 1,442 shares of the company’s stock valued at $30,000 after buying an additional 985 shares in the last quarter. nVerses Capital LLC purchased a new stake in EverQuote in the 2nd quarter valued at about $35,000. CWM LLC grew its stake in EverQuote by 133.2% in the 2nd quarter. CWM LLC now owns 1,861 shares of the company’s stock worth $39,000 after acquiring an additional 1,063 shares in the last quarter. Finally, Quantbot Technologies LP increased its position in shares of EverQuote by 115.1% during the third quarter. Quantbot Technologies LP now owns 3,502 shares of the company’s stock worth $74,000 after acquiring an additional 1,874 shares during the period. Hedge funds and other institutional investors own 91.54% of the company’s stock.

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.