EverQuote (EVER) Expected to Announce Quarterly Earnings on Monday

EverQuote (NASDAQ:EVER) is projected to announce its earnings results after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $133.83 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

EverQuote Stock Performance

Shares of EVER opened at $20.78 on Friday. EverQuote has a 1 year low of $14.28 and a 1 year high of $28.09. The firm has a fifty day moving average of $19.69 and a 200-day moving average of $20.12. The company has a market cap of $734.40 million, a price-to-earnings ratio of 61.10 and a beta of 0.96.

Insider Buying and Selling

In related news, Director John L. Shields sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $20.00, for a total value of $40,000.00. Following the completion of the sale, the director now directly owns 28,515 shares in the company, valued at approximately $570,300. The trade was a 6.55 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO David Brainard sold 6,609 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $21.49, for a total value of $142,027.41. Following the completion of the sale, the chief technology officer now owns 156,783 shares of the company’s stock, valued at approximately $3,369,266.67. This trade represents a 4.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 60,412 shares of company stock worth $1,178,790. 29.79% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages recently commented on EVER. B. Riley lowered their price target on EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. JPMorgan Chase & Co. lowered their price target on EverQuote from $28.00 to $25.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. Finally, Raymond James raised EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target for the company in a research note on Thursday, December 26th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $31.67.

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.