What is B. Riley's Forecast for EverQuote FY2025 Earnings?

EverQuote, Inc. (NASDAQ:EVER - Free Report) - Equities researchers at B. Riley decreased their FY2025 earnings estimates for shares of EverQuote in a research report issued to clients and investors on Monday, November 4th. B. Riley analyst Z. Cummins now forecasts that the company will post earnings per share of $0.81 for the year, down from their prior forecast of $0.89. B. Riley has a "Buy" rating and a $29.00 price target on the stock. The consensus estimate for EverQuote's current full-year earnings is $0.57 per share.

EVER has been the subject of a number of other reports. Needham & Company LLC raised their price objective on EverQuote from $30.00 to $38.00 and gave the stock a "buy" rating in a research report on Tuesday, August 6th. Craig Hallum boosted their price target on shares of EverQuote from $30.00 to $33.00 and gave the stock a "buy" rating in a research report on Tuesday, August 6th. Finally, JPMorgan Chase & Co. dropped their price target on shares of EverQuote from $34.00 to $28.00 and set an "overweight" rating on the stock in a research report on Tuesday. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $28.50.

EverQuote Trading Down 1.9 %

NASDAQ:EVER traded down $0.37 during trading hours on Thursday, hitting $18.71. 286,668 shares of the company were exchanged, compared to its average volume of 470,171. The stock has a market capitalization of $656.35 million, a price-to-earnings ratio of 56.12 and a beta of 1.06. EverQuote has a one year low of $7.95 and a one year high of $28.09. The company has a fifty day simple moving average of $20.55 and a 200 day simple moving average of $21.79.

EverQuote (NASDAQ:EVER - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.09. EverQuote had a net margin of 3.31% and a return on equity of 15.01%. The firm had revenue of $144.53 million during the quarter, compared to the consensus estimate of $140.30 million. During the same quarter last year, the firm earned ($0.40) earnings per share. The company's revenue for the quarter was up 162.7% on a year-over-year basis.

Hedge Funds Weigh In On EverQuote

Large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in EverQuote by 2.7% during the first quarter. Vanguard Group Inc. now owns 1,157,714 shares of the company's stock worth $21,487,000 after buying an additional 30,577 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of EverQuote by 127.6% in the 1st quarter. BNP Paribas Financial Markets now owns 54,755 shares of the company's stock worth $1,016,000 after acquiring an additional 30,699 shares during the last quarter. Russell Investments Group Ltd. lifted its position in EverQuote by 244,503.3% in the 1st quarter. Russell Investments Group Ltd. now owns 293,524 shares of the company's stock valued at $5,448,000 after acquiring an additional 293,404 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in EverQuote during the 1st quarter valued at about $2,167,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in EverQuote during the 2nd quarter worth approximately $782,000. 91.54% of the stock is currently owned by institutional investors.

Insider Transactions at EverQuote

In other news, CFO Joseph Sanborn sold 4,800 shares of the business's stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $21.54, for a total value of $103,392.00. Following the transaction, the chief financial officer now owns 207,691 shares in the company, valued at approximately $4,473,664.14. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, Director George R. Neble sold 2,500 shares of the company's stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $19.42, for a total transaction of $48,550.00. Following the transaction, the director now directly owns 54,970 shares of the company's stock, valued at approximately $1,067,517.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Joseph Sanborn sold 4,800 shares of the firm's stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $21.54, for a total value of $103,392.00. Following the completion of the sale, the chief financial officer now directly owns 207,691 shares of the company's stock, valued at $4,473,664.14. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 20,270 shares of company stock worth $431,011. Company insiders own 29.79% of the company's stock.

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.