B. Riley Has Positive Outlook for EverQuote FY2025 Earnings

EverQuote, Inc. (NASDAQ:EVER) – Investment analysts at B. Riley boosted their FY2025 earnings per share estimates for EverQuote in a research report issued to clients and investors on Monday, May 5th. B. Riley analyst Z. Cummins now forecasts that the company will post earnings per share of $1.41 for the year, up from their prior forecast of $1.24. The consensus estimate for EverQuote’s current full-year earnings is $0.72 per share.

EverQuote (NASDAQ:EVER) last issued its earnings results on Monday, February 24th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.18. The business had revenue of $147.46 million for the quarter, compared to analyst estimates of $133.83 million. EverQuote had a return on equity of 13.94% and a net margin of 3.31%.

EVER has been the topic of a number of other reports. JPMorgan Chase & Co. increased their target price on shares of EverQuote from $29.00 to $30.00 and gave the company an “overweight” rating in a research report on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 price objective on shares of EverQuote in a report on Tuesday. Finally, Canaccord Genuity Group reduced their target price on EverQuote from $35.00 to $30.00 and set a “buy” rating for the company in a report on Monday, February 24th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $32.50.

EverQuote Trading Up 1.4 %

EVER stock opened at $23.22 on Thursday. The stock has a market cap of $829.55 million, a P/E ratio of 68.30 and a beta of 0.45. EverQuote has a twelve month low of $16.63 and a twelve month high of $30.03. The company’s 50 day moving average is $24.54 and its two-hundred day moving average is $21.30.

Insider Activity

In other EverQuote news, CFO Joseph Sanborn sold 1,063 shares of the business’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $26.29, for a total transaction of $27,946.27. Following the transaction, the chief financial officer now owns 270,865 shares in the company, valued at approximately $7,121,040.85. The trade was a 0.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 that occurred on Monday, March 24th. The shares were sold at an average price of $28.75, for a total value of $29,382.50. Following the completion of the sale, the insider now directly owns 3,498,667 shares of the company’s stock, valued at $100,586,676.25. This represents a 0.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 193,967 shares of company stock valued at $5,278,231. Company insiders own 29.79% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Barclays PLC boosted its position in shares of EverQuote by 331.2% during the 3rd quarter. Barclays PLC now owns 50,983 shares of the company’s stock worth $1,076,000 after purchasing an additional 39,160 shares in the last quarter. Franklin Resources Inc. boosted its holdings in EverQuote by 116.6% during the third quarter. Franklin Resources Inc. now owns 58,781 shares of the company’s stock worth $1,147,000 after buying an additional 31,644 shares in the last quarter. JPMorgan Chase & Co. grew its position in EverQuote by 3,022.8% during the third quarter. JPMorgan Chase & Co. now owns 385,629 shares of the company’s stock worth $8,133,000 after buying an additional 373,280 shares during the period. SG Americas Securities LLC increased its holdings in EverQuote by 105.1% in the fourth quarter. SG Americas Securities LLC now owns 27,281 shares of the company’s stock valued at $545,000 after buying an additional 13,978 shares in the last quarter. Finally, Inspire Investing LLC increased its holdings in EverQuote by 25.8% in the fourth quarter. Inspire Investing LLC now owns 48,148 shares of the company’s stock valued at $962,000 after buying an additional 9,868 shares in the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.

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.