FY2024 EPS Estimates for EverQuote Boosted by Zacks Research

EverQuote, Inc. (NASDAQ:EVER) – Zacks Research raised their FY2024 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 post earnings of $0.61 per share for the year, up from their previous estimate of $0.38. The consensus estimate for EverQuote’s current full-year earnings is $0.69 per share. Zacks Research also issued estimates for EverQuote’s Q2 2025 earnings at $0.16 EPS, Q1 2026 earnings at $0.24 EPS, Q2 2026 earnings at $0.30 EPS and Q3 2026 earnings at $0.19 EPS.

A number of other equities analysts have also weighed in on the company. Craig Hallum upped their price objective on EverQuote from $30.00 to $33.00 and gave the stock 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 research report on Tuesday, August 6th. JPMorgan Chase & Co. decreased their target price on EverQuote from $34.00 to $28.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 5th. Finally, B. Riley decreased their target price on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, EverQuote currently has a consensus rating of “Buy” and an average target price of $28.50.

EverQuote Stock Up 2.7 %

NASDAQ EVER opened at $19.36 on Thursday. The firm has a market cap of $684.38 million, a price-to-earnings ratio of 56.94 and a beta of 1.06. The business has a 50-day moving average price of $19.71 and a 200-day moving average price of $21.70. EverQuote has a twelve month low of $8.32 and a twelve month high of $28.09.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of EVER. State Board of Administration of Florida Retirement System bought a new position in EverQuote in the first quarter worth approximately $211,000. Vanguard Group Inc. lifted its holdings in shares of EverQuote by 2.7% during the 1st quarter. Vanguard Group Inc. now owns 1,157,714 shares of the company’s stock valued at $21,487,000 after purchasing an additional 30,577 shares during the last quarter. Jacobs Levy Equity Management Inc. purchased a new stake in shares of EverQuote during the 1st quarter valued at $2,167,000. CWM LLC lifted its holdings in shares of EverQuote by 133.2% during the 2nd quarter. CWM LLC now owns 1,861 shares of the company’s stock valued at $39,000 after purchasing an additional 1,063 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in EverQuote in the 2nd quarter worth $808,000. Institutional investors own 91.54% of the company’s stock.

Insider Buying and Selling at EverQuote

In other EverQuote news, CTO David Brainard sold 1,641 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $20.22, for a total transaction of $33,181.02. Following the sale, the chief technology officer now directly owns 155,491 shares in the company, valued at $3,144,028.02. This represents a 1.04 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director George R. Neble sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $19.42, for a total value of $48,550.00. Following the transaction, the director now directly owns 54,970 shares in the company, valued at approximately $1,067,517.40. This represents a 4.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,716 shares of company stock worth $188,810 over the last ninety days. 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.