EverQuote, Inc. (NASDAQ:EVER) Receives $32.40 Consensus Price Target from Analysts

Shares of EverQuote, Inc. (NASDAQ:EVER) have been assigned an average recommendation of “Buy” from the six brokerages that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $32.40.

EVER has been the subject of a number of recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 target price on shares of EverQuote in a report on Tuesday, August 5th. Wall Street Zen upgraded EverQuote from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 11th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of EverQuote in a research report on Wednesday, October 8th.

EverQuote Price Performance

NASDAQ:EVER opened at $20.65 on Tuesday. The company has a market cap of $753.93 million, a P/E ratio of 16.65 and a beta of 0.58. EverQuote has a 1 year low of $16.63 and a 1 year high of $30.03. The stock’s fifty day moving average price is $22.45 and its two-hundred day moving average price is $23.50.

EverQuote (NASDAQ:EVER) last posted its earnings results on Monday, August 4th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 36.90% and a net margin of 7.57%.The company’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.17 EPS. EverQuote has set its Q3 2025 guidance at EPS. On average, analysts expect that EverQuote will post 0.72 earnings per share for the current fiscal year.

Insider Buying and Selling

In other EverQuote news, Director John L. Shields sold 2,000 shares of the firm’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $20.78, for a total transaction of $41,560.00. Following the sale, the director owned 27,219 shares in the company, valued at $565,610.82. This trade represents a 6.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Julia Brncic sold 1,436 shares of the firm’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $23.51, for a total value of $33,760.36. Following the sale, the general counsel owned 119,676 shares in the company, valued at $2,813,582.76. The trade was a 1.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 958,113 shares of company stock valued at $22,295,496 in the last ninety days. 25.52% of the stock is owned by insiders.

Institutional Trading of EverQuote

Several hedge funds and other institutional investors have recently bought and sold shares of EVER. Nuveen LLC purchased a new stake in EverQuote in the first quarter worth approximately $15,363,000. Emerald Advisers LLC purchased a new stake in EverQuote in the first quarter worth approximately $11,621,000. Hennessy Advisors Inc. purchased a new stake in EverQuote in the second quarter worth approximately $10,170,000. Emerald Mutual Fund Advisers Trust purchased a new stake in EverQuote in the first quarter worth approximately $8,383,000. Finally, AQR Capital Management LLC boosted its stake in EverQuote by 95.1% in the second quarter. AQR Capital Management LLC now owns 655,615 shares of the company’s stock worth $15,853,000 after buying an additional 319,618 shares in the last quarter. Hedge funds and other institutional investors 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.