EverQuote (EVER) Expected to Announce Quarterly Earnings on Monday

EverQuote (NASDAQ:EVER) is expected to announce its earnings results after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $133.83 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

EverQuote Price Performance

Shares of NASDAQ:EVER opened at $20.78 on Friday. The business’s 50-day moving average is $19.69 and its 200 day moving average is $20.16. EverQuote has a 1 year low of $14.28 and a 1 year high of $28.09. The firm has a market capitalization of $734.42 million, a P/E ratio of 61.10 and a beta of 0.96.

Insider Activity

In other news, CTO David Brainard sold 29,248 shares of the company’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $19.93, for a total value of $582,912.64. Following the sale, the chief technology officer now owns 116,212 shares in the company, valued at $2,316,105.16. This represents a 20.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John L. Shields sold 2,000 shares of the company’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $20.00, for a total value of $40,000.00. Following the completion of the sale, the director now owns 28,515 shares in the company, valued at $570,300. The trade was a 6.55 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 60,412 shares of company stock valued at $1,178,790. Company insiders own 29.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on EVER shares. JPMorgan Chase & Co. reduced their target price on EverQuote from $28.00 to $25.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. B. Riley reduced 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. Finally, Raymond James raised 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. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $31.67.

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.