EverQuote (EVER) Scheduled to Post Earnings on Monday

EverQuote (NASDAQ:EVER) will be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings data on Monday, February 26th. The company reported ($0.19) earnings per share for the quarter, topping the consensus estimate of ($0.31) by $0.12. EverQuote had a negative return on equity of 34.38% and a negative net margin of 17.81%. The company had revenue of $55.71 million during the quarter, compared to analyst estimates of $49.89 million. On average, analysts expect EverQuote to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

EverQuote Stock Up 1.0 %

NASDAQ:EVER opened at $21.75 on Friday. EverQuote has a 52 week low of $5.36 and a 52 week high of $22.27. The stock’s fifty day moving average is $18.20 and its two-hundred day moving average is $13.42. The company has a market capitalization of $744.50 million, a P/E ratio of -14.25 and a beta of 0.85.

Insider Transactions at EverQuote

In related news, CAO Jon Ayotte sold 2,638 shares of EverQuote stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $16.37, for a total value of $43,184.06. Following the completion of the transaction, the chief accounting officer now owns 59,687 shares in the company, valued at $977,076.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, major shareholder Ventures Lllp Link sold 6,830 shares of the business’s stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $20.14, for a total transaction of $137,556.20. Following the completion of the sale, the insider now owns 1,556,160 shares in the company, valued at $31,341,062.40. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Jon Ayotte sold 2,638 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $16.37, for a total transaction of $43,184.06. Following the completion of the transaction, the chief accounting officer now owns 59,687 shares in the company, valued at $977,076.19. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 497,973 shares of company stock valued at $8,973,183. 38.46% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on EVER shares. Needham & Company LLC boosted their price objective on shares of EverQuote from $15.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, February 27th. B. Riley initiated coverage on EverQuote in a research note on Friday, April 19th. They issued a “buy” rating and a $24.00 price objective for the company. Finally, JPMorgan Chase & Co. upped their target price on shares of EverQuote from $13.00 to $25.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 27th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $20.60.

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.