Zacks Research Has Positive Outlook of EverQuote Q4 Earnings

EverQuote, Inc. (NASDAQ:EVER) – Investment analysts at Zacks Research boosted their Q4 2026 EPS estimates for shares of EverQuote in a research note issued on Monday, December 30th. Zacks Research analyst T. De now expects that the company will earn $0.28 per share for the quarter, up from their previous forecast of $0.24. The consensus estimate for EverQuote’s current full-year earnings is $0.72 per share.

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 company 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 firm’s revenue for the quarter was up 162.7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.40) earnings per share.

A number of other research analysts have also recently commented on EVER. JPMorgan Chase & Co. decreased 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, November 5th. Raymond James upgraded shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price objective on the stock in a report on Thursday, December 26th. Finally, B. Riley dropped their target price on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. 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 $32.17.

EverQuote Trading Up 1.3 %

NASDAQ EVER opened at $20.25 on Thursday. The stock has a fifty day simple moving average of $18.61 and a 200-day simple moving average of $20.77. The stock has a market cap of $715.86 million, a PE ratio of 59.56 and a beta of 0.96. EverQuote has a twelve month low of $10.21 and a twelve month high of $28.09.

Institutional Trading of EverQuote

A number of institutional investors have recently bought and sold shares of the business. Emerald Mutual Fund Advisers Trust raised its position in shares of EverQuote by 572.1% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 504,081 shares of the company’s stock worth $10,631,000 after acquiring an additional 429,084 shares in the last quarter. Emerald Advisers LLC raised its holdings in EverQuote by 165.8% during the third quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock worth $13,498,000 after purchasing an additional 399,257 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of EverQuote by 3,022.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 385,629 shares of the company’s stock worth $8,133,000 after buying an additional 373,280 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of EverQuote by 331.9% in the 2nd quarter. Renaissance Technologies LLC now owns 293,708 shares of the company’s stock valued at $6,127,000 after buying an additional 225,700 shares in the last quarter. Finally, Cubist Systematic Strategies LLC grew its position in shares of EverQuote by 335.2% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 265,944 shares of the company’s stock valued at $5,548,000 after buying an additional 204,835 shares during the last quarter. 91.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at EverQuote

In other news, CTO David Brainard sold 14,590 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $17.44, for a total transaction of $254,449.60. Following the completion of the transaction, the chief technology officer now directly owns 137,291 shares of the company’s stock, valued at approximately $2,394,355.04. The trade was a 9.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director George R. Neble sold 2,500 shares of the firm’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 transaction of $48,550.00. Following the completion of the sale, the director now directly owns 54,970 shares in the company, valued at approximately $1,067,517.40. This trade represents a 4.35 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 50,024 shares of company stock worth $954,796. Corporate insiders own 29.79% 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.