Key Takeaways EverQuote benefited from recovering carrier spending and higher engagement across its insurance marketplace.Orion Group was supported by steady infrastructure demand and improving project pipeline visibility.Standard Motor gained from resilient aftermarket demand and progress integrating the Nissens business.Small-cap investing requires patience and selectivity, particularly when market volatility reshapes investor priorities. While broad sentiment can shift quickly, companies with visible rev ...

Key Takeaways LMND targets adjusted EBITDA breakeven by 2026, backed by diversification and premium growth.EVER's ROE of 38.2% outperforms the industry, supported by innovation and a debt-free balance sheet.Both LMND and EVER shares have surged 116% YTD, but EVER shows stronger profitability and EPS growth.InsurTechs — technology-led insurers — are trying hard to be game changers, leveraging technologies like AI, telematics, data-driven underwriting and machine learning, among others. Yet, Lemonade Inc. (LM ...

Core Viewpoint - EverQuote (EVER) shows potential for upside with a mean price target of $33.67, indicating a 26% increase from the current price of $26.72 [1] Price Targets - The average price target consists of six estimates ranging from $30.00 to $40.00, with a standard deviation of $3.83, suggesting a consensus among analysts [2] - The lowest estimate indicates a 12.3% increase, while the highest suggests a 49.7% upside [2] - A low standard deviation indicates greater agreement among analysts regarding price movement [2][9] Analyst Sentiment - Analysts have shown increasing optimism about EverQuote's earnings, with a positive trend in earnings estimate revisions [4][11] - Over the last 30 days, two estimates have been revised higher, leading to a 3.6% increase in the Zacks Consensus Estimate [12] Zacks Rank - EverQuote holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] Conclusion on Price Movement - While consensus price targets may not reliably indicate the extent of potential gains, they do suggest a positive direction for price movement [14]

Core Insights - EverQuote reported strong Q3 2025 earnings, with operating net income per share of 50 cents, exceeding estimates by 35.1% and showing a 6.1% year-over-year increase [2] - Total revenues reached $174 million, surpassing estimates by 4.6% and reflecting a 20% year-over-year growth [2] Financial Performance - Automotive insurance revenues increased by 21% year-over-year to $157.6 million, outperforming the Zacks Consensus Estimate of $150 million [4] - Home and Renters insurance revenues totaled $16.3 million, a 15% year-over-year increase, slightly below the Zacks Consensus Estimate of $16.7 million [4] - Other insurance revenues fell dramatically by 97.7% year-over-year to $0.01 million, missing the estimate of $0.1 million [5] - Total costs and operating expenses rose by 17.7% to $142.5 million, driven by higher sales and marketing, R&D, and administrative expenses [5] - Adjusted EBITDA was $25.1 million, a 33% year-over-year increase, with an adjusted EBITDA margin of 14.4% [6] Financial Position - Cash and cash equivalents at the end of Q3 were $145.8 million, up 42.7% from the end of 2024 [7] - Total assets increased by 14.6% to $256.1 million, while total stockholders' equity rose by 29.2% to $174.9 million [7] - Cash from operations was $25.3 million, a decline of 16.4% year-over-year [7] Future Guidance - For Q4, EverQuote estimates revenues between $169 million and $174 million, indicating a 20% year-over-year growth at the midpoint [8] - Expected variable marketing dollars are projected to be between $46 million and $48 million, representing a 7% year-over-year growth at the midpoint [8] - Adjusted EBITDA is anticipated to be in the range of $21 million to $23 million, reflecting a 16% year-over-year growth at the midpoint [8] Market Sentiment - Since the earnings release, there has been a 7.61% upward shift in consensus estimates for EverQuote [9] - The company holds a Zacks Rank 1 (Strong Buy), indicating expectations for above-average returns in the coming months [11] Industry Context - EverQuote operates within the Zacks Insurance - Multi line industry, where Markel Group reported revenues of $3.93 billion for the quarter ended September 2025, reflecting a year-over-year change of +6.5% [12] - Markel Group's EPS for the same period was $30.90, compared to $17.34 a year ago, with a projected earnings increase of +18.1% for the current quarter [13]

Core Insights - Liquidity is crucial for a company's ability to meet debt obligations and can drive business growth, making it a key factor for investors [1] - Four top-ranked stocks identified for potential investment are EverQuote, Inc. (EVER), Innodata Inc. (INOD), PJT Partners Inc. (PJT), and GigaCloud Technology Inc. (GCT) [1][9] Liquidity Measures - Current Ratio: Measures current assets against current liabilities; a ratio below 1 indicates more liabilities than assets, while a range of 1-3 is ideal [3] - Quick Ratio: Indicates ability to pay short-term obligations, with a desirable ratio of more than 1 [4] - Cash Ratio: The most conservative measure, focusing on cash and equivalents relative to current liabilities; a ratio greater than 1 is desirable but may indicate inefficiency [5] Screening Parameters - Asset Utilization: A measure of efficiency, calculated as total sales over the last 12 months divided by the average total assets; a higher ratio than the industry average indicates efficiency [6] - Growth Score: A proprietary metric ensuring that selected stocks have solid growth potential; stocks with a Growth Score of A or B tend to outperform others [10] Company-Specific Insights - **EverQuote, Inc. (EVER)**: Online insurance marketplace with Q3 revenues of $173.9 million, a 20% year-over-year increase; projected Q4 revenues between $174-$180 million [12][13] - **Innodata Inc. (INOD)**: Data engineering company with Q3 revenues of $62.6 million, up 20% year-over-year; expects significant revenue growth from new contracts [15][16] - **PJT Partners Inc. (PJT)**: Advisory-focused investment bank with Q3 revenues of $447 million, a 37% year-over-year increase; management anticipates strong M&A activity due to favorable market conditions [16][17] - **GigaCloud Technology Inc. (GCT)**: Provides B2B e-commerce solutions with Q3 revenues of $333 million, a 10% year-over-year increase; expects Q4 revenues between $328 million and $344 million [19][20]

Shares of EverQuote (EVER) have gained 18.2% over the past four weeks to close the last trading session at $23.75, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $33.67 indicates a potential upside of 41.8%.The mean estimate comprises six short-term price targets with a standard deviation of $3.83. While the lowest estimate of $30.00 indicates a 26.3% increase from the current ...

EverQuote Q3 2025 Conference Call Summary Company Overview - **Company**: EverQuote (NasdaqGM:EVER) - **Date**: November 19, 2025 - **Key Speakers**: CEO Jayme Mendal, CFO Joseph Sanborn Key Financial Metrics - **Q3 Performance**: Record results across all financial metrics including revenues, VMD, EBITDA, and net income [5][5][5] - **Year-on-Year Growth**: 20% growth expected in the second half of the year, with a target path to reach $1 billion in revenue [5][5][5] Industry Insights - **Carrier Underwriting**: - Currently healthy with mid-to-high 80s combined ratios across carriers [7][7][7] - The industry is in a soft market cycle expected to last multiple years [7][7][7] - 80% of top 25 carriers have not yet reached historical peak spending levels [9][9][9] - **Market Dynamics**: - New advertising spend expected to be higher than previous peaks due to increased premiums [11][11][11] - Stability in underwriting costs is crucial for carrier health, with recent price increases averaging 40% over the past few years [20][20][20] Growth Drivers - **Digital Advertising Shift**: - Insurance is lagging in digital advertising compared to other sectors, with only one-third of advertising spend currently online [21][21][21] - High consumer shopping levels due to increased insurance costs create a favorable backdrop for growth [22][22][22] - **Smart Campaigns**: - AI-driven bidding product that improves return on ad spend by over 20% [15][15][15] - Majority of carriers are now using Smart Campaigns, leading to increased budget allocation to EverQuote [18][18][18] Expansion Opportunities - **Product Diversification**: - Currently, 90% of business is in auto insurance, with plans to expand into home insurance, which presents a higher growth opportunity [29][29][29] - Introduction of multiple products for agents, including marketing services and subscription models [34][34][34] - **Marketing Channel Revitalization**: - Plans to revive and expand into new marketing channels, including social media and AI search [36][36][36] Challenges and Considerations - **Market Volatility**: - External factors affecting advertising costs can impact margins [56][56][56] - The company aims for a long-term EBITDA margin target of 20% while managing operational expenses effectively [57][57][57] M&A Strategy - **Future M&A Considerations**: - Focus on organic growth with a path to $1 billion in revenue, but open to sector consolidation and technology acquisitions to enhance product offerings [60][60][60][62][62][62] Conclusion - **Outlook**: The company is well-positioned for growth with a healthy market environment, strong execution in digital advertising, and plans for product and channel expansion. The focus remains on leveraging technology to enhance marketing effectiveness and drive revenue growth.

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: EverQuote (EVER) - EverQuote currently holds a Momentum Style Score of A and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [3][4]. - The stock has shown significant price increases, with shares up 18.06% over the past week and 25.86% over the past month, compared to the Zacks Insurance - Multi line industry's 0.7% and 0.05% respectively [6]. - Over the last three months, EverQuote shares have risen 12.08%, and over the past year, they are up 32.41%, while the S&P 500 has only increased by 6.64% and 15.78% in the same periods [7]. Trading Volume - EverQuote's average 20-day trading volume is 610,672 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, six earnings estimates for EverQuote have been revised upwards, increasing the consensus estimate from $1.31 to $1.43 for the full year, with no downward revisions [10]. - For the next fiscal year, six estimates have also moved upwards, indicating positive sentiment regarding future earnings [10]. Conclusion - Given the strong performance metrics and positive earnings outlook, EverQuote is positioned as a solid momentum pick, making it a noteworthy consideration for investors seeking growth opportunities [12].

Core Insights - EverQuote's Q3 results exceeded Wall Street expectations, driven by strong carrier spending and advancements in its AI-powered Smart Campaigns platform [1][3] - The company has established itself as the leading customer acquisition partner for a major national carrier, highlighting its technological effectiveness and market differentiation [1] Financial Performance - Revenue reached $173.9 million, surpassing analyst estimates of $166.7 million, representing a 20.3% year-on-year growth and a 4.3% beat [6] - Adjusted EPS was $0.68, exceeding analyst expectations of $0.55, marking a 23.3% beat [6] - Adjusted EBITDA stood at $25.07 million, above analyst estimates of $22.8 million, with a margin of 14.4% and a 10% beat [6] - Q4 CY2025 revenue guidance is set at $177 million at the midpoint, above analyst estimates of $161.1 million [6] - Q4 CY2025 EBITDA guidance is $22 million at the midpoint, exceeding analyst estimates of $21.13 million [6] - Operating margin improved to 10.1%, up from 8.1% in the same quarter last year [6] - Market capitalization is currently $914.4 million [6] Analyst Insights - Questions from analysts focused on the sustainability of carrier profitability and advertising budgets, with management indicating healthy underwriting margins and room for increased ad spending [6] - New channel investments are expected to initially run at lower margins but should achieve parity with existing channels after one to two quarters of optimization [6] - The shift from lead generation to a multiproduct model aims to enhance value-added services and recurring revenue, particularly for agents [6] - Future operating leverage is anticipated from automation through AI, streamlined engineering, and voice agents [6]

Core Insights - Investors should consider adding stocks with strong liquidity to their portfolios, as liquidity indicates a company's ability to meet short-term obligations and supports business expansion [1][2] - Four top-ranked stocks recommended for investment include EverQuote, Inc. (EVER), Amicus Therapeutics, Inc. (FOLD), Lam Research Corporation (LRCX), and Cboe Global Markets, Inc. (CBOE) [2][9] Liquidity Measures - Current Ratio: Measures current assets against current liabilities; a ratio below 1 indicates more liabilities than assets, while a range of 1-3 is ideal [4] - Quick Ratio: Indicates a company's ability to pay short-term obligations, with a desirable ratio of more than 1 [5] - Cash Ratio: The most conservative measure, focusing on cash and equivalents relative to current liabilities; a ratio greater than 1 is desirable but may indicate inefficiency [6] Screening Parameters - Asset Utilization: A measure of efficiency, calculated as total sales over the last 12 months divided by the average total assets; companies with a ratio higher than their industry average are considered efficient [7][8] - Growth Score: A proprietary score added to ensure that liquid and efficient stocks also have solid growth potential [8] Company-Specific Insights - **EverQuote, Inc. (EVER)**: Reported revenues of $173.9 million, a 20% year-over-year increase; projected fourth-quarter revenues between $174-$180 million [12][13] - **Amicus Therapeutics, Inc. (FOLD)**: Revenues of $169.1 million, a 19% year-over-year increase; expects total revenues to grow by 15-22% in 2025 [14][15] - **Lam Research Corporation (LRCX)**: Reported revenues of $5.32 billion, a 28% increase year-over-year; projects second-quarter revenues of $5.2 billion [16][17] - **Cboe Global Markets, Inc. (CBOE)**: Achieved record revenues of $605.5 million, a 14% year-over-year increase; raised 2025 organic revenue growth target to low double-digit to mid-teens [18][19]