EverQuote (NASDAQ:EVER) Releases Earnings Results

EverQuote (NASDAQ:EVER) announced its quarterly earnings data on Monday. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.18, Zacks reports. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. EverQuote updated its Q1 2025 guidance to EPS.

EverQuote Stock Performance

EverQuote stock traded down $0.61 during midday trading on Monday, hitting $20.15. 806,238 shares of the company’s stock were exchanged, compared to its average volume of 422,839. EverQuote has a 12-month low of $14.28 and a 12-month high of $28.09. The stock has a market cap of $712.30 million, a price-to-earnings ratio of 59.26 and a beta of 0.96. The firm’s 50 day simple moving average is $19.69 and its 200 day simple moving average is $20.09.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. B. Riley dropped their price objective on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Canaccord Genuity Group dropped their price objective on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Monday. Raymond James raised shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price objective on the stock in a research report on Thursday, December 26th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of EverQuote from $28.00 to $25.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target 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.