In yesterday’s Wall Street session, EverQuote Inc. (NASDAQ:EVER) shares traded at $10.04, up 5.46% from the previous session.
7 analysts cover EverQuote Inc. (NASDAQ:EVER), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $14.00 and a low of $8.00, we find $8.00. Given the previous closing price of $9.52, this indicates a potential downside of -15.97 percent. EVER stock price is now 40.90% away from the 50-day moving average and -7.27% away from the 200-day moving average. The market capitalization of the company currently stands at $302.10M.
The stock has received a hold rating from 3 analysts and a buy rating from 3. Brokers who have rated the stock have averaged $9.40 as their price target over the next twelve months.
, while ‘Raymond James’ rates the stock as ‘Mkt Perform’.
In other news, Mason David W, General Counsel and Secretary sold 328 shares of the company’s stock on Oct 03. The stock was sold for $2,244 at an average price of $6.84. Upon completion of the transaction, the General Counsel and Secretary now directly owns 192,509 shares in the company, valued at $1.93 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 26, CEO and President Mendal Jayme sold 9,070 shares of the business’s stock. A total of $60,497 was realized by selling the stock at an average price of $6.67. This leaves the insider owning 280,875 shares of the company worth $2.82 million. Insiders disposed of 86,944 shares of company stock worth roughly $0.87 million over the past 1 year. A total of 6.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in EVER stock. A new stake in EverQuote Inc. shares was purchased by BRIDGEWAY CAPITAL MANAGEMENT, LLC during the first quarter worth $397,000. DYNAMIC TECHNOLOGY LAB PRIVATE LTD invested $165,000 in shares of EVER during the first quarter. In the first quarter, XTX TOPCO LTD acquired a new stake in EverQuote Inc. valued at approximately $130,000. MML INVESTORS SERVICES, LLC acquired a new stake in EVER for approximately $125,000. ALLIANCEBERNSTEIN L.P. purchased a new stake in EVER valued at around $119,000 in the second quarter. In total, there are 166 active investors with 66.50% ownership of the company’s stock.
On Monday morning EverQuote Inc. (NASDAQ: EVER) stock kicked off with the opening price of $9.46. During the past 12 months, EverQuote Inc. has had a low of $5.23 and a high of $17.59. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 1.80, and a quick ratio of 1.80. The fifty day moving average price for EVER is $7.13 and a two-hundred day moving average price translates $10.83 for the stock.
The latest earnings results from EverQuote Inc. (NASDAQ: EVER) was released for Jun, 2022. According to the Internet Content & Information Company, earnings per share came in at -$0.12, beating analysts’ expectations of -$0.42 by 0.3. This compares to -$0.18 EPS in the same period last year. The net profit margin was -5.80% and return on equity was -24.30% for EVER. The company reported revenue of $103.22 million for the quarter, compared to $107.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.03 percent. For the current quarter, analysts expect EVER to generate $93.09M in revenue.
EverQuote Inc.(EVER) Company Profile
EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. The company’s online marketplace offers consumers shopping for auto, home and renters, life, and health insurance. It 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. EverQuote, Inc. was incorporated in 2008 and is based in Cambridge, Massachusetts.