EverQuote (EVER) Scheduled to Post Earnings on Monday

EverQuote (NASDAQ:EVER) is set to post its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect EverQuote to post earnings of ($0.09) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

EverQuote (NASDAQ:EVER) last announced its earnings results on Monday, February 26th. The company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.12. EverQuote had a negative return on equity of 34.38% and a negative net margin of 17.81%. The business had revenue of $55.71 million for the quarter, compared to the consensus estimate of $49.89 million. On average, analysts expect EverQuote to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

EverQuote Price Performance

EVER stock opened at $21.75 on Friday. The stock has a market capitalization of $744.50 million, a price-to-earnings ratio of -14.12 and a beta of 0.85. The business has a fifty day moving average price of $18.30 and a 200 day moving average price of $13.52. EverQuote has a fifty-two week low of $5.36 and a fifty-two week high of $22.27.

Insider Activity

In related news, Director David B. Blundin sold 89,177 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $15.00, for a total transaction of $1,337,655.00. Following the completion of the sale, the director now directly owns 802,589 shares of the company’s stock, valued at $12,038,835. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other EverQuote news, Director David B. Blundin sold 4,943 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $16.61, for a total transaction of $82,103.23. Following the transaction, the director now owns 797,646 shares in the company, valued at $13,248,900.06. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director David B. Blundin sold 89,177 shares of the business’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $15.00, for a total value of $1,337,655.00. Following the transaction, the director now owns 802,589 shares of the company’s stock, valued at $12,038,835. The disclosure for this sale can be found here. In the last quarter, insiders have sold 497,973 shares of company stock valued at $8,973,183. 38.46% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

EVER has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of EverQuote from $13.00 to $25.00 and gave the stock an “overweight” rating in a report on Tuesday, February 27th. B. Riley initiated coverage on shares of EverQuote in a report on Friday, April 19th. They issued a “buy” rating and a $24.00 price target for the company. Finally, Needham & Company LLC upped their price objective on EverQuote from $15.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, February 27th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $20.60.

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.