B. Riley Estimates EverQuote’s FY2025 Earnings (NASDAQ:EVER)

EverQuote, Inc. (NASDAQ:EVER) – B. Riley lifted their FY2025 EPS estimates for shares of EverQuote in a report released on Monday, May 5th. B. Riley analyst Z. Cummins now forecasts that the company will earn $1.41 per share for the year, up from their previous forecast of $1.24. The consensus estimate for EverQuote’s current full-year earnings is $0.72 per share.

A number of other analysts also recently weighed in on EVER. Canaccord Genuity Group reduced their target price on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Monday, February 24th. Needham & Company LLC reissued a “buy” rating and set a $38.00 price objective on shares of EverQuote in a research note on Tuesday. Finally, JPMorgan Chase & Co. raised their price objective on EverQuote from $29.00 to $30.00 and gave the company an “overweight” rating in a research note on Tuesday. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $32.50.

EverQuote Stock Performance

Shares of EVER opened at $23.23 on Thursday. EverQuote has a fifty-two week low of $16.63 and a fifty-two week high of $30.03. The company’s fifty day moving average is $24.48 and its 200 day moving average is $21.33. The stock has a market capitalization of $829.87 million, a PE ratio of 68.32 and a beta of 0.45.

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

Insider Buying and Selling

In other EverQuote news, major shareholder Ventures Lllp Link sold 1,022 shares of the stock in a transaction on Monday, March 24th. The stock was sold at an average price of $28.75, for a total value of $29,382.50. Following the sale, the insider now owns 3,498,667 shares in the company, valued at $100,586,676.25. This trade represents a 0.03 % 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, Director David B. Blundin sold 77,600 shares of EverQuote stock in a transaction on Friday, March 21st. The stock was sold at an average price of $28.67, for a total value of $2,224,792.00. Following the sale, the director now owns 97,920 shares of the company’s stock, valued at approximately $2,807,366.40. This trade represents a 44.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 193,967 shares of company stock valued at $5,278,231 in the last ninety days. 29.79% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers bought a new position in EverQuote in the 1st quarter worth about $407,000. Legato Capital Management LLC boosted its holdings in shares of EverQuote by 75.4% in the first quarter. Legato Capital Management LLC now owns 55,308 shares of the company’s stock valued at $1,449,000 after purchasing an additional 23,781 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in EverQuote in the first quarter worth approximately $441,000. Jackson Creek Investment Advisors LLC purchased a new position in EverQuote during the 1st quarter worth $1,523,000. Finally, Sigma Planning Corp bought a new stake in EverQuote during the 1st quarter valued at $289,000. Hedge funds and other institutional investors own 91.54% 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.