EverQuote (NASDAQ:EVER) Releases Earnings Results, Beats Expectations By $0.18 EPS

EverQuote (NASDAQ:EVER) released 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 return on equity of 13.94% and a net margin of 3.31%. The firm had revenue of $147.46 million for the quarter, compared to analyst estimates of $133.83 million. EverQuote updated its Q1 2025 guidance to EPS.

EverQuote Stock Performance

EverQuote stock opened at $25.63 on Wednesday. EverQuote has a one year low of $14.28 and a one year high of $28.09. The company has a 50-day simple moving average of $19.90 and a 200-day simple moving average of $20.09. The firm has a market capitalization of $906.05 million, a P/E ratio of 75.38 and a beta of 0.96.

Insider Activity at EverQuote

In related news, CTO David Brainard sold 29,248 shares of the business’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $19.93, for a total transaction of $582,912.64. Following the completion of the transaction, the chief technology officer now owns 116,212 shares of the company’s stock, valued at approximately $2,316,105.16. The trade was a 20.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 61,568 shares of company stock worth $1,203,872 in the last ninety days. 29.79% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Needham & Company LLC upped their price objective on shares of EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a research report on Tuesday. Canaccord Genuity Group dropped their price target on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating for the company in a research note on Monday. Raymond James raised shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 target price for the company in a research report on Thursday, December 26th. B. Riley cut their price objective on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, JPMorgan Chase & Co. raised their price objective on EverQuote from $25.00 to $29.00 and gave the stock an “overweight” rating in a research note on Tuesday. Five 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, EverQuote has a consensus rating of “Buy” and a consensus target price of $32.33.

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.