Everpure Q3 EPS Forecast Increased by Northland Securities

Everpure, Inc. (NYSE:P) – Investment analysts at Northland Securities upped their Q3 2027 earnings per share (EPS) estimates for shares of Everpure in a report issued on Thursday, August 27th. Northland Securities analyst N. Chokshi now expects that the company will post earnings of $0.32 per share for the quarter, up from their prior estimate of $0.22. Northland Securities currently has a “Outperform” rating and a $128.00 target price on the stock. The consensus estimate for Everpure’s current full-year earnings is $0.93 per share. Northland Securities also issued estimates for Everpure’s Q4 2027 earnings at $0.38 EPS, FY2027 earnings at $1.05 EPS, Q1 2028 earnings at $0.16 EPS, Q2 2028 earnings at $0.42 EPS, Q3 2028 earnings at $0.55 EPS, Q4 2028 earnings at $0.70 EPS and FY2028 earnings at $1.84 EPS.

Everpure (NYSE:P) last posted its quarterly earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.51. Everpure had a return on equity of 19.06% and a net margin of 5.94%.The business had revenue of $1.19 billion for the quarter. Everpure’s quarterly revenue was up 37.7% on a year-over-year basis.

P has been the topic of a number of other reports. TD Cowen increased their target price on shares of Everpure from $100.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, August 18th. Wells Fargo & Company boosted their price objective on shares of Everpure from $97.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday. Piper Sandler reaffirmed an “overweight” rating and set a $133.00 price objective (up from $92.00) on shares of Everpure in a research report on Thursday. UBS Group increased their price objective on shares of Everpure from $70.00 to $80.00 and gave the stock a “sell” rating in a research note on Thursday. Finally, Morgan Stanley raised their target price on shares of Everpure from $108.00 to $119.00 and gave the stock an “overweight” rating in a report on Thursday, August 27th. Seventeen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $129.10.

Everpure Trading Down 0.5%

Everpure stock opened at $92.95 on Tuesday. Everpure has a 12 month low of $56.78 and a 12 month high of $119.10. The stock has a fifty day simple moving average of $85.91. The firm has a market capitalization of $30.90 billion, a P/E ratio of 127.33, a PEG ratio of 3.85 and a beta of 1.45.

Insider Buying and Selling

In other Everpure news, Director Susan J.S. Taylor sold 8,543 shares of the firm’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $81.74, for a total value of $698,304.82. Following the sale, the director directly owned 94,608 shares in the company, valued at approximately $7,733,257.92. This trade represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider John Colgrove sold 64,815 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $117.44, for a total transaction of $7,611,873.60. Following the transaction, the insider directly owned 6,074,080 shares of the company’s stock, valued at approximately $713,339,955.20. This trade represents a 1.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 817,520 shares of company stock valued at $77,276,792. 5.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. One Capital Management LLC grew its position in Everpure by 1.0% in the 3rd quarter. One Capital Management LLC now owns 14,750 shares of the company’s stock worth $1,236,000 after purchasing an additional 141 shares during the last quarter. Rothschild Investment LLC raised its holdings in shares of Everpure by 18.1% during the fourth quarter. Rothschild Investment LLC now owns 993 shares of the company’s stock valued at $67,000 after buying an additional 152 shares during the last quarter. Transamerica Financial Advisors LLC raised its holdings in shares of Everpure by 50.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 508 shares of the company’s stock valued at $34,000 after buying an additional 170 shares during the last quarter. National Bank of Canada FI boosted its position in shares of Everpure by 8.6% during the third quarter. National Bank of Canada FI now owns 2,334 shares of the company’s stock worth $196,000 after buying an additional 184 shares during the period. Finally, Larson Financial Group LLC boosted its position in shares of Everpure by 8.5% during the fourth quarter. Larson Financial Group LLC now owns 2,420 shares of the company’s stock worth $162,000 after buying an additional 190 shares during the period. 83.42% of the stock is owned by institutional investors and hedge funds.

Key Everpure News

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Northland raised its long-term earnings outlook. The firm maintained an “Outperform” rating and $128 price target, lifting its FY2027 EPS forecast to $1.05 from $0.93 and FY2028 EPS to $1.84 from $1.48. It also raised several quarterly estimates, suggesting stronger expected growth and supporting the bullish case for Everpure.
• Positive Sentiment: Q2 results showed accelerating demand. Revenue surged 38% year over year, subscription annual recurring revenue reached $2.1 billion, and management said large deals accelerated. Everpure also exceeded Wall Street’s quarterly sales and earnings expectations and issued upward guidance revisions. Everpure Q2 2027 Earnings Call Transcript
• Positive Sentiment: Analyst sentiment improved. Wall Street Zen upgraded Everpure to “Strong Buy,” adding another favorable signal after the earnings report. Everpure Raised to Strong Buy at Wall Street Zen
• Neutral Sentiment: Northland made modest reductions to its Q4 2027 EPS estimate, from $0.39 to $0.38, and Q1 2028 estimate, from $0.17 to $0.16. These cuts were more than offset by increases to other quarterly and full-year forecasts.
• Negative Sentiment: Profitability and cash-flow concerns remain. Product gross-margin issues have weighed on investor confidence, while free cash flow swung to negative $238 million despite strong revenue and product-sales growth. These concerns contributed to a recent sell-off and could limit upside if margins or cash generation do not improve. Everpure Revenue and Free Cash Flow Report Why Everpure Stock Plummeted This Week

Everpure Company Profile

Pure Storage, Inc provides data storage technologies, products, and services in the United States and internationally. The company’s Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array.