EverQuote (EVER) Set to Announce Quarterly Earnings on Monday

EverQuote (NASDAQ:EVER) will be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

EverQuote (NASDAQ:EVER) last released its earnings results on Monday, February 26th. The company reported ($0.19) EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations 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 Trading Up 5.1 %

Shares of NASDAQ:EVER opened at $19.55 on Monday. The stock’s 50-day moving average price is $17.82 and its 200-day moving average price is $13.14. EverQuote has a 12-month low of $5.36 and a 12-month high of $20.74. The stock has a market capitalization of $669.20 million, a P/E ratio of -12.69 and a beta of 0.90.

Insider Transactions at EverQuote

In other news, Director David B. Blundin sold 22,018 shares of the stock in a transaction dated Wednesday, April 17th. The shares were sold at an average price of $20.48, for a total transaction of $450,928.64. Following the completion of the sale, the director now directly owns 593,492 shares in the company, valued at $12,154,716.16. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director David B. Blundin sold 22,018 shares of the stock in a transaction dated Wednesday, April 17th. The shares were sold at an average price of $20.48, for a total transaction of $450,928.64. Following the completion of the sale, the director now directly owns 593,492 shares in the company, valued at $12,154,716.16. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Ventures Lllp Link sold 91,838 shares of the stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $19.37, for a total transaction of $1,778,902.06. Following the sale, the insider now owns 1,649,044 shares of the company’s stock, valued at $31,941,982.28. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 432,709 shares of company stock worth $7,658,766. Company insiders own 38.46% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EVER. B. Riley began coverage on EverQuote in a research note on Friday, April 19th. They set a “buy” rating and a $24.00 price objective on the stock. JPMorgan Chase & Co. raised their price objective on EverQuote from $13.00 to $25.00 and gave the company an “overweight” rating in a research note on Tuesday, February 27th. Finally, Needham & Company LLC raised their price objective on EverQuote from $15.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, February 27th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $20.60.

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.