Q4 Earnings Estimate for EverQuote Issued By Zacks Research

EverQuote, Inc. (NASDAQ:EVER) – Research analysts at Zacks Research raised their Q4 2024 earnings estimates for shares of EverQuote in a note issued to investors on Monday, November 18th. Zacks Research analyst T. De now anticipates 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.

EverQuote (NASDAQ:EVER) last announced its earnings results on Monday, November 4th. The company reported $0.31 EPS 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 return on equity of 13.94% and a net margin of 3.31%. The firm’s quarterly revenue was up 162.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.40) earnings per share.

Several other brokerages have also recently commented on EVER. Craig Hallum boosted their price target on shares of EverQuote from $30.00 to $33.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Needham & Company LLC boosted their target price on shares of EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. JPMorgan Chase & Co. cut their target price on shares of EverQuote from $34.00 to $28.00 and set an “overweight” rating for the company in a research note on Tuesday, November 5th. Finally, B. Riley decreased their price target 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. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, EverQuote presently has a consensus rating of “Buy” and an average target price of $28.50.

EverQuote Stock Performance

EVER opened at $18.79 on Wednesday. The company has a market capitalization of $664.25 million, a PE ratio of 55.26 and a beta of 1.06. The stock’s fifty day moving average is $19.80 and its 200-day moving average is $21.74. EverQuote has a one year low of $8.18 and a one year high of $28.09.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EVER. Emerald Mutual Fund Advisers Trust lifted its stake in EverQuote by 572.1% in 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 lifted its position in shares of EverQuote by 165.8% in 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. Russell Investments Group Ltd. boosted its holdings in shares of EverQuote by 244,503.3% during the first quarter. Russell Investments Group Ltd. now owns 293,524 shares of the company’s stock worth $5,448,000 after purchasing an additional 293,404 shares during the period. Renaissance Technologies LLC grew its position in EverQuote by 331.9% during the second quarter. Renaissance Technologies LLC now owns 293,708 shares of the company’s stock valued at $6,127,000 after purchasing an additional 225,700 shares in the last quarter. Finally, Acadian Asset Management LLC increased its stake in EverQuote by 206.9% in the 1st quarter. Acadian Asset Management LLC now owns 318,144 shares of the company’s stock valued at $5,903,000 after buying an additional 214,486 shares during the period. Hedge funds and other 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 EverQuote stock in a transaction that occurred 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 transaction, the chief technology officer now directly owns 155,491 shares in the company, valued at approximately $3,144,028.02. The trade was a 1.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director George R. Neble sold 2,500 shares of the business’s stock in a transaction 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 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,003 shares of company stock valued at $139,387. 29.79% of the stock is currently owned by corporate insiders.

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.