William Blair Brokers Raise Earnings Estimates for EverQuote

EverQuote, Inc. (NASDAQ:EVER) – Analysts at William Blair raised their FY2025 earnings estimates for shares of EverQuote in a report issued on Monday, August 4th. William Blair analyst R. Schackart now expects that the company will post earnings per share of $1.57 for the year, up from their previous estimate of $1.39. The consensus estimate for EverQuote’s current full-year earnings is $0.72 per share. William Blair also issued estimates for EverQuote’s Q4 2025 earnings at $0.35 EPS.

A number of other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on EverQuote from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Tuesday, May 6th. Needham & Company LLC reiterated a “buy” rating and issued a $38.00 price target on shares of EverQuote in a research report on Tuesday. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $32.40.

EverQuote Stock Performance

NASDAQ EVER opened at $24.14 on Thursday. EverQuote has a 1 year low of $16.63 and a 1 year high of $30.03. The business’s fifty day moving average is $24.65 and its two-hundred day moving average is $23.88. The stock has a market capitalization of $862.28 million, a P/E ratio of 19.47 and a beta of 0.37.

EverQuote (NASDAQ:EVER) last released its earnings results on Monday, August 4th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. The business had revenue of $156.63 million during the quarter, compared to analyst estimates of $157.19 million. EverQuote had a net margin of 7.57% and a return on equity of 36.90%. The business’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.17 earnings per share.

Insider Activity at EverQuote

In related news, CTO David Brainard sold 5,710 shares of the stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $24.57, for a total value of $140,294.70. Following the completion of the sale, the chief technology officer directly owned 128,720 shares of the company’s stock, valued at approximately $3,162,650.40. This represents a 4.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Joseph Sanborn sold 1,063 shares of EverQuote stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $24.13, for a total value of $25,650.19. Following the transaction, the chief financial officer directly owned 261,390 shares in the company, valued at approximately $6,307,340.70. This trade represents a 0.41% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 63,162 shares of company stock worth $1,524,781. Insiders own 29.79% of the company’s stock.

Institutional Trading of EverQuote

Several hedge funds and other institutional investors have recently modified their holdings of EVER. S Squared Technology LLC acquired a new position in EverQuote in the second quarter worth approximately $1,209,000. Acadian Asset Management LLC grew its position in EverQuote by 1.2% in the second quarter. Acadian Asset Management LLC now owns 866,481 shares of the company’s stock worth $20,939,000 after acquiring an additional 10,233 shares in the last quarter. Savant Capital LLC acquired a new position in shares of EverQuote during the 2nd quarter worth $409,000. Horizon Investment Services LLC bought a new position in shares of EverQuote during the 2nd quarter valued at $998,000. Finally, Sigma Planning Corp lifted its stake in shares of EverQuote by 212.5% in the 2nd quarter. Sigma Planning Corp now owns 34,517 shares of the company’s stock valued at $835,000 after purchasing an additional 23,472 shares during the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

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.