Q1 Earnings Estimate for EverQuote Issued By Zacks Research

EverQuote, Inc. (NASDAQ:EVER) – Equities researchers at Zacks Research upped their Q1 2027 earnings estimates for EverQuote in a note issued to investors on Thursday, June 12th. Zacks Research analyst T. De now anticipates that the company will post earnings of $0.65 per share for the quarter, up from their previous forecast of $0.60. The consensus estimate for EverQuote’s current full-year earnings is $0.72 per share. Zacks Research also issued estimates for EverQuote’s FY2027 earnings at $2.00 EPS.

Several other research firms also recently issued reports on EVER. JPMorgan Chase & Co. increased their target price on EverQuote from $29.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 6th. Canaccord Genuity Group dropped their price objective on EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Monday, February 24th. Finally, Needham & Company LLC restated a “buy” rating and issued a $38.00 target price on shares of EverQuote in a research note on Tuesday, May 6th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, EverQuote presently has an average rating of “Buy” and a consensus price target of $32.50.

EverQuote Trading Up 0.9%

EVER opened at $24.55 on Monday. EverQuote has a 12 month low of $16.63 and a 12 month high of $30.03. The company has a market cap of $876.93 million, a PE ratio of 24.07 and a beta of 0.33. The company has a 50 day moving average of $23.62 and a 200 day moving average of $22.38.

Insider Buying and Selling

In related news, CFO Joseph Sanborn sold 1,063 shares of the company’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $26.29, for a total value of $27,946.27. Following the completion of the transaction, the chief financial officer now directly owns 270,865 shares in the company, valued at approximately $7,121,040.85. The trade was a 0.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Ventures Lllp Link sold 1,022 shares of the firm’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $28.75, for a total value of $29,382.50. Following the sale, the insider now owns 3,498,667 shares in the company, valued at $100,586,676.25. The trade was a 0.03% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 197,882 shares of company stock worth $5,363,802. Corporate insiders own 29.79% of the company’s stock.

Hedge Funds Weigh In On EverQuote

Hedge funds and other institutional investors have recently modified their holdings of the company. Divisadero Street Capital Management LP bought a new stake in EverQuote in the 4th quarter worth approximately $12,311,000. Nuveen LLC purchased a new position in shares of EverQuote during the first quarter worth approximately $15,363,000. Freestone Grove Partners LP bought a new stake in shares of EverQuote in the 4th quarter worth approximately $11,618,000. Emerald Advisers LLC purchased a new stake in shares of EverQuote in the 1st quarter valued at $11,621,000. Finally, Point72 Asset Management L.P. boosted its stake in shares of EverQuote by 2,301.4% in the 4th quarter. Point72 Asset Management L.P. now owns 461,013 shares of the company’s stock valued at $9,216,000 after purchasing an additional 441,815 shares in the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

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.