Zacks Research Has Positive Outlook of EverQuote Q4 Earnings

EverQuote, Inc. (NASDAQ:EVER) – Analysts at Zacks Research raised their Q4 2026 EPS estimates for EverQuote in a note issued to investors on Monday, December 30th. Zacks Research analyst T. De now anticipates that the company will post earnings of $0.28 per share for the quarter, up from their previous estimate of $0.24. The consensus estimate for EverQuote’s current full-year earnings is $0.72 per share.

Several other equities research analysts have also commented on the company. Raymond James upgraded EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price objective on the stock in a research report on Thursday, December 26th. B. Riley dropped their price target on EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Finally, JPMorgan Chase & Co. dropped their price target on EverQuote from $34.00 to $28.00 and set an “overweight” rating for the company in a research report on Tuesday, November 5th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $32.17.

EverQuote Stock Down 1.2 %

Shares of EVER stock opened at $20.00 on Thursday. EverQuote has a 52-week low of $10.21 and a 52-week high of $28.09. The stock has a market cap of $707.02 million, a PE ratio of 58.82 and a beta of 0.96. The business has a 50-day simple moving average of $18.66 and a 200-day simple moving average of $20.77.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.09. The company had revenue of $144.53 million for the quarter, compared to the consensus estimate of $140.30 million. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. EverQuote’s quarterly revenue was up 162.7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.40) EPS.

Hedge Funds Weigh In On EverQuote

Large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp raised its position in EverQuote by 18.6% in the second quarter. Bank of New York Mellon Corp now owns 86,394 shares of the company’s stock valued at $1,802,000 after purchasing an additional 13,536 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of EverQuote in the 2nd quarter valued at $147,000. nVerses Capital LLC acquired a new position in EverQuote during the 2nd quarter worth about $35,000. Rhumbline Advisers boosted its holdings in EverQuote by 18.3% during the 2nd quarter. Rhumbline Advisers now owns 35,793 shares of the company’s stock valued at $747,000 after acquiring an additional 5,534 shares during the period. Finally, Victory Capital Management Inc. acquired a new position in EverQuote in the 2nd quarter valued at about $307,000. 91.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director George R. Neble sold 2,500 shares of the stock in a transaction on Thursday, October 10th. The stock was sold at an average price of $19.42, for a total transaction of $48,550.00. Following the completion of the transaction, the director now directly owns 54,970 shares in the company, valued at approximately $1,067,517.40. This represents a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO David Brainard sold 14,590 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $17.44, for a total value of $254,449.60. Following the sale, the chief technology officer now directly owns 137,291 shares of the company’s stock, valued at $2,394,355.04. The trade was a 9.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 50,024 shares of company stock valued at $954,796 in the last 90 days. Company insiders own 29.79% 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.