EverQuote (NASDAQ:EVER) Announces Earnings Results

EverQuote (NASDAQ:EVER) released its earnings results on Monday. The company reported $0.33 earnings per share for the quarter, topping 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 Trading Down 2.9 %

EVER traded down $0.61 on Monday, hitting $20.15. The company had a trading volume of 817,825 shares, compared to its average volume of 427,258. The company’s fifty day moving average price is $19.69 and its 200 day moving average price is $20.09. EverQuote has a 1 year low of $14.28 and a 1 year high of $28.09. The firm has a market cap of $712.30 million, a P/E ratio of 59.26 and a beta of 0.96.

Wall Street Analyst Weigh In

EVER has been the topic of a number of analyst reports. Canaccord Genuity Group reduced their price objective on EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Monday. JPMorgan Chase & Co. reduced their price target on EverQuote from $28.00 to $25.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. B. Riley dropped their price objective on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a report 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 objective for the company in a research report on Thursday, December 26th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, EverQuote has a consensus rating of “Buy” and a consensus target price of $31.67.

Insider Buying and Selling at EverQuote

In other EverQuote news, Director John L. Shields sold 2,000 shares of the company’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 transaction, the director now directly owns 28,515 shares in the company, valued at $570,300. This represents a 6.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO David Brainard sold 29,248 shares of the firm’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $19.93, for a total value of $582,912.64. Following the transaction, the chief technology officer now owns 116,212 shares of the company’s stock, valued at approximately $2,316,105.16. This represents a 20.11 % decrease in their ownership of the stock. 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 three months. Insiders own 29.79% of the company’s stock.

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.