EVER Stock: More Upside For EverQuote Inc (NASDAQ: EVER)?

In the last trading session, 1.07 million EverQuote Inc (NASDAQ:EVER) shares changed hands as the company’s beta touched 0.74. With the company’s per share price at $26.46 changed hands at -$1.59 or -5.67% during last session, the market valuation stood at $945.26M. EVER’s last price was a discount, traded about -6.76% off its 52-week high of $28.25. The share price had its 52-week low at $16.63, which suggests the last value was 37.15% up since then. When we look at EverQuote Inc’s average trading volume, we note the 10-day average is 0.64 million shares, with the 3-month average coming to 547.39K.

Analysts gave the EverQuote Inc (EVER) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.50. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended EVER as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. EverQuote Inc’s EPS for the current quarter is expected to be 0.5.

EverQuote Inc (NASDAQ:EVER) trade information

Instantly EVER was in red as seen at the end of in last trading. With action 4.88%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 32.37%, with the 5-day performance at 4.88% in the green. However, in the 30-day time frame, EverQuote Inc (NASDAQ:EVER) is 21.99% up. Looking at the short shares, we see there were 1.43 million shares sold at short interest cover period of 2.44 days.

The consensus price target for the stock as assigned by Wall Street analysts is 32.5, meaning bulls need an upside of 18.58% from its current market value. According to analyst projections, EVER’s forecast low is 30 with 35 as the target high. To hit the forecast high, the stock’s price needs a -32.28% plunge from its current level, while the stock would need to soar -13.38% for it to hit the projected low.

EverQuote Inc (EVER) estimates and forecasts

Year-over-year growth is forecast to reach 25.00% up from the last financial year.

Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 157.92M. 8 analysts are of the opinion that EverQuote Inc’s revenue for the current quarter will be 150.36M. The company’s revenue for the corresponding quarters a year ago was 91.06M and 117.14M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 73.41%. The estimates for the next quarter sales put growth at 28.36%.

The 2025 estimates are for EverQuote Inc earnings to increase by 36.36%, but the outlook for the next 5-year period is at 20.90% per year.

EVER Dividends

EverQuote Inc is expected to release its next quarterly earnings report on 2025-Feb-23.

EverQuote Inc (NASDAQ:EVER)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 18.15% of EverQuote Inc shares while 81.53% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 99.62%. There are 81.53% institutions holding the EverQuote Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 6.2775% of the shares, roughly 2.16 million EVER shares worth $45.03 million.

DRIEHAUS CAPITAL MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 5.8332% or 2.04 million shares worth $42.48 million as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 796.81 shares estimated at $21.08 million under it, the former controlled 2.48% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.12% of the shares, roughly 680.08 shares worth around $17.99 million.