What is Zacks Research’s Forecast for EverQuote Q1 Earnings?

EverQuote, Inc. (NASDAQ:EVER) – Zacks Research lifted their Q1 2027 earnings per share estimates for EverQuote in a note issued to investors on Tuesday, January 6th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.54 for the quarter, up from their prior estimate of $0.52. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for EverQuote’s current full-year earnings is $0.72 per share.

EverQuote (NASDAQ:EVER) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.13. EverQuote had a net margin of 8.36% and a return on equity of 38.19%. The business had revenue of $173.94 million for the quarter, compared to the consensus estimate of $166.09 million. During the same period last year, the company posted $0.31 EPS. EverQuote’s revenue for the quarter was up 20.3% on a year-over-year basis.

Several other brokerages have also issued reports on EVER. JPMorgan Chase & Co. boosted their price target on shares of EverQuote from $30.00 to $32.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Needham & Company LLC lifted their target price on EverQuote from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Wall Street Zen cut EverQuote from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of EverQuote in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $34.00.

EverQuote Stock Performance

Shares of NASDAQ:EVER opened at $25.73 on Thursday. The company has a 50 day moving average price of $26.11 and a two-hundred day moving average price of $24.28. The company has a market capitalization of $925.25 million, a PE ratio of 17.99 and a beta of 0.46. EverQuote has a 52 week low of $17.20 and a 52 week high of $30.03.

Institutional Trading of EverQuote

A number of hedge funds and other institutional investors have recently made changes to their positions in EVER. Comerica Bank boosted its holdings in EverQuote by 235.4% during the third quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $25,000 after purchasing an additional 772 shares during the last quarter. Versant Capital Management Inc lifted its position in EverQuote by 108.9% during the 3rd quarter. Versant Capital Management Inc now owns 1,153 shares of the company’s stock worth $26,000 after buying an additional 601 shares in the last quarter. NewEdge Advisors LLC acquired a new position in shares of EverQuote during the 3rd quarter worth about $52,000. Jones Financial Companies Lllp grew its holdings in shares of EverQuote by 595.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,623 shares of the company’s stock valued at $62,000 after acquiring an additional 2,246 shares in the last quarter. Finally, Ameritas Investment Partners Inc. increased its position in shares of EverQuote by 25.8% in the second quarter. Ameritas Investment Partners Inc. now owns 2,796 shares of the company’s stock valued at $68,000 after acquiring an additional 573 shares during the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at EverQuote

In other EverQuote news, CAO Jon Ayotte sold 3,639 shares of EverQuote stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $26.76, for a total value of $97,379.64. Following the sale, the chief accounting officer owned 49,233 shares of the company’s stock, valued at $1,317,475.08. This trade represents a 6.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO David Brainard sold 5,709 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $25.05, for a total value of $143,010.45. Following the transaction, the chief technology officer directly owned 101,603 shares of the company’s stock, valued at $2,545,155.15. This represents a 5.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 58,836 shares of company stock worth $1,400,099 in the last 90 days. Company insiders own 25.52% of the company’s stock.

About EverQuote

EverQuote, Inc operates an online insurance marketplace that connects consumers with insurance providers across the United States. Founded in 2011 and headquartered in Cambridge, Massachusetts, the company leverages proprietary technology to match individuals seeking coverage with insurers offering competitive rates. Since its initial public offering in 2020, EverQuote has focused on expanding its digital platform and enhancing the efficiency of its lead-generation processes.

The company’s core business centers on a quote-comparison engine for personal auto, home, and health insurance products.