EverQuote (NASDAQ:EVER) Issues Quarterly Earnings Results

EverQuote (NASDAQ:EVER) issued its quarterly earnings results on Monday. The company reported $0.33 EPS for the quarter, beating the consensus estimate 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 %

EverQuote stock opened at $20.15 on Tuesday. The stock has a market cap of $712.32 million, a P/E ratio of 59.26 and a beta of 0.96. The company has a fifty day simple moving average of $19.74 and a 200-day simple moving average of $20.07. EverQuote has a 12-month low of $14.28 and a 12-month high of $28.09.

Wall Street Analyst Weigh In

EVER has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their price target on shares of EverQuote from $28.00 to $25.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. Raymond James raised shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target for the company in a research report on Thursday, December 26th. B. Riley decreased their price target on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Finally, Canaccord Genuity Group decreased their price target on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Monday. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $31.67.

Insider Transactions at EverQuote

In related news, CTO David Brainard sold 29,248 shares of EverQuote stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $19.93, for a total transaction of $582,912.64. Following the sale, the chief technology officer now directly owns 116,212 shares in the company, valued at $2,316,105.16. This trade represents a 20.11 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John L. Shields sold 2,000 shares of EverQuote 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 sale, the director now owns 28,515 shares in the company, valued at $570,300. This represents a 6.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 61,568 shares of company stock valued at $1,203,872. 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.