In last trading session, EverQuote Inc (NASDAQ:EVER) saw 0.33 million shares changing hands with its beta currently measuring 1.01. Company’s recent per share price level of $8.45 trading at -$0.24 or -2.76% at ring of the bell on the day assigns it a market valuation of $284.85M. That closing price of EVER’s stock is at a discount of -123.2% from its 52-week high price of $18.86 and is indicating a premium of 36.57% from its 52-week low price of $5.36. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.44 million shares which gives us an average trading volume of 302.59K if we extend that period to 3-months.
For EverQuote Inc (EVER), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.14. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.33 in the current quarter.
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EverQuote Inc (NASDAQ:EVER) trade information
Upright in the red during last session for losing -2.76%, in the last five days EVER remained trading in the green while hitting it’s week-highest on Thursday, 11/16/23 when the stock touched $8.45 price level, adding 5.9% to its value on the day. EverQuote Inc’s shares saw a change of -42.67% in year-to-date performance and have moved 3.05% in past 5-day. EverQuote Inc (NASDAQ:EVER) showed a performance of 12.22% in past 30-days. Number of shares sold short was 1.48 million shares which calculate 4.7 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $9.50 to the stock, which implies a rise of 11.05% to its current value. Analysts have been projecting $8.00 as a low price target for the stock while placing it at a high target of $11.00. It follows that stock’s current price would drop -30.18% in reaching the projected high whereas dropping to the targeted low would mean a gain of 5.33% for stock’s current value.
EverQuote Inc (EVER) estimates and forecasts
Statistics highlight that EverQuote Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -1.63% of value to its shares in past 6 months, showing an annual growth rate of -114.29% while that of industry is 12.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to decrease by -26.90% in the current quarter and calculating -237.50% decrease in the next quarter. This year revenue growth is estimated to fall -30.30% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $49.56 million for the same. And 6 analysts are in estimates of company making revenue of $64.85 million in the next quarter that will end on Mar 2024. Company posted $88.31 million and $109.22 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -43.90% while estimating it to be -40.60% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -0.55% during past 5 years. In 2023, company’s earnings growth rate is likely to be around -116.02% while estimates for its earnings growth in next 5 years are of -11.40%.
EVER Dividends
EverQuote Inc is more likely to be releasing its next quarterly report on November 06 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
EverQuote Inc (NASDAQ:EVER)’s Major holders
Insiders are in possession of 26.38% of company’s total shares while institution are holding 70.02 percent of that, with stock having share float percentage of 95.11%. Investors also watch the number of corporate investors in a company very closely, which is 70.02% institutions for EverQuote Inc that are currently holding shares of the company. Bank of America Corporation is the top institutional holder at EVER for having 1.99 million shares of worth $12.93 million. And as of Jun 29, 2023, it was holding 7.16% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 1.65 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 5.93% of outstanding shares, having a total worth of $10.71 million.
On the other hand, Vanguard Total Stock Market Index Fund and First Eagle Small Opportunity Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 0.65 million shares of worth $4.2 million or 2.33% of the total outstanding shares. The later fund manager was in possession of 0.51 million shares on Jul 30, 2023, making its stake of worth around $3.6 million in the company or a holder of 1.83% of company’s stock.