EverQuote (EVER) Scheduled to Post Quarterly Earnings on Monday

EverQuote (NASDAQ:EVER) will announce 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. Individual that wish to listen to the company’s earnings conference call can do so using this link.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings results on Monday, February 26th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping 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 company had revenue of $55.71 million during 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 Stock Up 1.0 %

EVER stock opened at $21.75 on Friday. EverQuote has a twelve month low of $5.36 and a twelve month high of $22.27. The stock has a market capitalization of $744.50 million, a price-to-earnings ratio of -14.25 and a beta of 0.85. The firm’s fifty day simple moving average is $18.20 and its two-hundred day simple moving average is $13.42.

Insider Transactions at EverQuote

In related news, Director David B. Blundin sold 58,434 shares of the company’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $20.14, for a total value of $1,176,860.76. Following the completion of the sale, the director now directly owns 535,058 shares of the company’s stock, valued at $10,776,068.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, Director David B. Blundin sold 58,434 shares of the business’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $20.14, for a total value of $1,176,860.76. Following the completion of the transaction, the director now owns 535,058 shares of the company’s stock, valued at $10,776,068.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Ventures Lllp Link sold 10,422 shares of the stock in a transaction on Friday, February 9th. The shares were sold at an average price of $15.43, for a total value of $160,811.46. Following the sale, the insider now directly owns 1,858,407 shares in the company, valued at approximately $28,675,220.01. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 497,973 shares of company stock valued at $8,973,183. 38.46% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have issued reports on EVER shares. B. Riley assumed coverage on shares of EverQuote in a research note on Friday, April 19th. They issued a “buy” rating and a $24.00 price objective for the company. Needham & Company LLC boosted their target price on shares of EverQuote from $15.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, February 27th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of EverQuote from $13.00 to $25.00 and gave the company an “overweight” rating in a report on Tuesday, February 27th. Five analysts have rated the stock with a buy rating, According to MarketBeat, EverQuote has a consensus rating of “Buy” and a consensus target price 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.