EverQuote (NASDAQ:EVER) Issues Quarterly Earnings Results

EverQuote (NASDAQ:EVER) posted its quarterly earnings results on Monday. The company reported $0.33 EPS for the quarter, topping the consensus estimate 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 Price Performance

Shares of EVER traded down $0.61 during mid-day trading on Monday, reaching $20.15. The company’s stock had a trading volume of 817,825 shares, compared to its average volume of 427,258. 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 PE ratio of 59.26 and a beta of 0.96. The company’s 50 day moving average is $19.69 and its 200 day moving average is $20.09.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on EVER. Canaccord Genuity Group decreased their target price on EverQuote from $35.00 to $30.00 and set a “buy” rating for the company in a report on Monday. JPMorgan Chase & Co. decreased their price objective on EverQuote from $28.00 to $25.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. B. Riley cut their target price on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, Raymond James upgraded shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target for the company in a research note on Thursday, December 26th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, EverQuote has an average rating of “Buy” and an average price target of $31.67.

Insider Buying and Selling

In other EverQuote news, CTO David Brainard sold 6,609 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $21.49, for a total transaction of $142,027.41. Following the sale, the chief technology officer now owns 156,783 shares of the company’s stock, valued at approximately $3,369,266.67. This trade represents a 4.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John L. Shields sold 2,000 shares of the company’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $20.00, for a total transaction of $40,000.00. Following the completion of the transaction, the director now owns 28,515 shares of the company’s stock, valued at approximately $570,300. The trade was a 6.55 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 60,412 shares of company stock worth $1,178,790 over the last 90 days. 29.79% of the stock is owned by 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.