EverQuote (EVER) Set to Announce Quarterly Earnings on Monday

EverQuote (NASDAQ:EVER) is set to release its earnings data after the market closes on Monday, May 6th. Analysts expect EverQuote to post earnings of ($0.09) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

EverQuote (NASDAQ:EVER) last posted its quarterly earnings data on Monday, February 26th. The company reported ($0.19) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.31) by $0.12. EverQuote had a negative net margin of 17.81% and a negative return on equity of 34.38%. The company had revenue of $55.71 million for 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 Price Performance

EverQuote stock opened at $19.55 on Monday. EverQuote has a 1-year low of $5.36 and a 1-year high of $20.74. The firm has a market capitalization of $669.20 million, a P/E ratio of -12.69 and a beta of 0.90. The company’s 50-day moving average is $17.82 and its 200 day moving average is $13.14.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. B. Riley assumed coverage on shares of EverQuote in a research report on Friday, April 19th. They set a “buy” rating and a $24.00 target price on the stock. Needham & Company LLC raised their target price on shares of EverQuote from $15.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, February 27th. Finally, JPMorgan Chase & Co. raised their target price on shares of EverQuote from $13.00 to $25.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 27th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $20.60.

Insider Activity

In other news, major shareholder Ventures Lllp Link sold 10,422 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $15.43, for a total transaction of $160,811.46. Following the transaction, the insider now directly owns 1,858,407 shares in the company, valued at $28,675,220.01. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, major shareholder Ventures Lllp Link sold 10,422 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $15.43, for a total transaction of $160,811.46. Following the transaction, the insider now directly owns 1,858,407 shares in the company, valued at $28,675,220.01. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Joseph Sanborn sold 8,051 shares of the stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $20.00, for a total transaction of $161,020.00. Following the transaction, the chief financial officer now owns 220,986 shares in the company, valued at $4,419,720. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 432,709 shares of company stock worth $7,658,766. Corporate insiders own 38.46% 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.