EverQuote (NASDAQ:EVER) Releases Quarterly Earnings Results, Beats Expectations By $0.18 EPS

EverQuote (NASDAQ:EVER) posted its earnings results on Monday. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.18, Zacks reports. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. EverQuote updated its Q1 2025 guidance to EPS.

EverQuote Price Performance

Shares of NASDAQ EVER opened at $20.15 on Tuesday. The company has a 50 day simple moving average of $19.74 and a 200-day simple moving average of $20.07. The company has a market capitalization of $712.32 million, a P/E ratio of 59.26 and a beta of 0.96. EverQuote has a 1 year low of $14.28 and a 1 year high of $28.09.

Insider Transactions at EverQuote

In related news, CTO David Brainard sold 29,248 shares of the stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $19.93, for a total transaction of $582,912.64. Following the completion of the transaction, the chief technology officer now owns 116,212 shares of the company’s stock, valued at approximately $2,316,105.16. This trade represents a 20.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John L. Shields sold 2,000 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $20.00, for a total transaction of $40,000.00. Following the transaction, the director now directly owns 28,515 shares of the company’s stock, valued at $570,300. The trade was a 6.55 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 61,568 shares of company stock worth $1,203,872 in the last 90 days. Insiders own 29.79% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Canaccord Genuity Group reduced their price target on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Monday. B. Riley reduced their price target 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. JPMorgan Chase & Co. reduced their price target on shares of EverQuote from $28.00 to $25.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. Finally, Raymond James upgraded shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target for the company in a research report on Thursday, December 26th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $31.67.

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.