What is Zacks Research’s Estimate for EverQuote Q4 Earnings?

EverQuote, Inc. (NASDAQ:EVER) – Equities researchers at Zacks Research upped their Q4 2024 earnings per share (EPS) estimates for EverQuote in a research note issued to investors on Monday, November 18th. Zacks Research analyst T. De now anticipates that the company will post earnings of $0.08 per share for the quarter, up from their previous forecast of $0.07. The consensus estimate for EverQuote’s current full-year earnings is $0.69 per share. Zacks Research also issued estimates for EverQuote’s Q1 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.72 EPS and FY2026 earnings at $0.97 EPS.

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

Several other equities research analysts have also recently issued reports on EVER. B. Riley lowered their price objective on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Craig Hallum lifted their price target on shares of EverQuote from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. Needham & Company LLC increased their price objective on EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Finally, JPMorgan Chase & Co. dropped their price target on EverQuote from $34.00 to $28.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 5th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $28.50.

EverQuote Stock Up 2.7 %

Shares of EverQuote stock opened at $19.36 on Wednesday. EverQuote has a 52 week low of $8.32 and a 52 week high of $28.09. The company has a market capitalization of $684.38 million, a PE ratio of 56.94 and a beta of 1.06. The stock’s fifty day moving average is $19.71 and its two-hundred day moving average is $21.70.

Insider Transactions at EverQuote

In other news, CTO David Brainard sold 1,641 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $20.22, for a total transaction of $33,181.02. Following the completion of the transaction, the chief technology officer now directly owns 155,491 shares of the company’s stock, valued at $3,144,028.02. This represents a 1.04 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director George R. Neble sold 2,500 shares of EverQuote stock in a transaction on Thursday, October 10th. The shares were sold at an average price of $19.42, for a total transaction of $48,550.00. Following the completion of the sale, the director now directly owns 54,970 shares in the company, valued at $1,067,517.40. This represents a 4.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,716 shares of company stock worth $188,810 over the last 90 days. 29.79% of the stock is currently owned by company insiders.

Institutional Trading of EverQuote

Institutional investors and hedge funds have recently modified their holdings of the stock. Gladius Capital Management LP acquired a new stake in shares of EverQuote in the third quarter worth approximately $26,000. Quarry LP boosted its position in EverQuote by 215.5% during the second quarter. Quarry LP now owns 1,442 shares of the company’s stock worth $30,000 after acquiring an additional 985 shares during the last quarter. nVerses Capital LLC purchased a new stake in EverQuote during the 2nd quarter valued at about $35,000. CWM LLC raised its holdings in EverQuote by 133.2% in the 2nd quarter. CWM LLC now owns 1,861 shares of the company’s stock valued at $39,000 after acquiring an additional 1,063 shares during the last quarter. Finally, Quantbot Technologies LP lifted its stake in EverQuote by 115.1% in the 3rd quarter. Quantbot Technologies LP now owns 3,502 shares of the company’s stock worth $74,000 after purchasing an additional 1,874 shares in the last quarter. 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.