Q4 Earnings Forecast for EverQuote Issued By Zacks Research

EverQuote, Inc. (NASDAQ:EVER) – Equities researchers at Zacks Research boosted their Q4 2024 EPS estimates for shares of EverQuote in a report released on Monday, November 18th. Zacks Research analyst T. De now forecasts that the company will post earnings per share of $0.08 for the quarter, up from their previous 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 released its earnings results on Monday, November 4th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.09. The company had revenue of $144.53 million during the quarter, compared to the consensus estimate of $140.30 million. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. EverQuote’s revenue was up 162.7% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.40) EPS.

A number of other equities analysts also recently issued reports on EVER. JPMorgan Chase & Co. lowered their price target on EverQuote from $34.00 to $28.00 and set an “overweight” rating for the company in a report on Tuesday, November 5th. Needham & Company LLC upped their price objective on EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Craig Hallum boosted their target price on EverQuote from $30.00 to $33.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Finally, B. Riley lowered their target price 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 investment analysts have rated the stock with a buy rating, According to MarketBeat, EverQuote presently has an average rating of “Buy” and a consensus price target of $28.50.

EverQuote Stock Performance

Shares of EverQuote stock opened at $19.36 on Wednesday. The business has a 50-day simple moving average of $19.71 and a 200-day simple moving average of $21.70. The company has a market cap of $684.38 million, a PE ratio of 56.94 and a beta of 1.06. EverQuote has a one year low of $8.32 and a one year high of $28.09.

Insider Buying and Selling

In other news, CTO David Brainard sold 1,641 shares of EverQuote stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $20.22, for a total transaction of $33,181.02. Following the sale, the chief technology officer now directly owns 155,491 shares of the company’s stock, valued at approximately $3,144,028.02. The trade was a 1.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director George R. Neble sold 2,500 shares of the 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 transaction, the director now owns 54,970 shares in the company, valued at $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. In the last three months, insiders sold 9,716 shares of company stock valued at $188,810. Company insiders own 29.79% of the company’s stock.

Institutional Investors Weigh In On EverQuote

A number of institutional investors have recently modified their holdings of the business. Driehaus Capital Management LLC boosted its position in EverQuote by 9.1% during the 2nd quarter. Driehaus Capital Management LLC now owns 2,036,361 shares of the company’s stock valued at $42,478,000 after purchasing an additional 169,333 shares during the period. Vanguard Group Inc. lifted its position in EverQuote by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 1,157,714 shares of the company’s stock valued at $21,487,000 after purchasing an additional 30,577 shares during the last quarter. Emerald Advisers LLC lifted its position in EverQuote by 165.8% in the 3rd quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock valued at $13,498,000 after purchasing an additional 399,257 shares during the last quarter. Geode Capital Management LLC boosted its stake in EverQuote by 10.4% during the 3rd quarter. Geode Capital Management LLC now owns 595,155 shares of the company’s stock valued at $12,554,000 after purchasing an additional 56,114 shares during the period. Finally, Acadian Asset Management LLC grew its position in EverQuote by 62.6% in the 2nd quarter. Acadian Asset Management LLC now owns 517,331 shares of the company’s stock worth $10,786,000 after purchasing an additional 199,187 shares during the last quarter. Institutional investors own 91.54% of the company’s stock.

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.