EverQuote(EVER)

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Here's Why EverQuote (EVER) is a Strong Growth Stock
ZACKS· 2024-06-24 14:50
Core Viewpoint - The article discusses the Zacks Rank and Style Scores, which are tools designed to help investors identify stocks with high potential for outperforming the market, particularly focusing on the case of EverQuote (EVER) as a strong investment opportunity. Zacks Rank and Style Scores - The Zacks Rank is a proprietary stock-rating model that utilizes earnings estimate revisions to help investors build successful portfolios [9] - Stocks are rated from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks producing an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [10] - The Style Scores categorize stocks based on value, growth, and momentum, providing additional insights to complement the Zacks Rank [4][11] Value, Growth, and Momentum Scores - Value Style Score identifies attractive stocks using ratios like P/E and Price/Cash Flow, focusing on finding undervalued stocks [5] - Growth Style Score assesses a company's future prospects through projected earnings and sales growth, targeting stocks with sustainable growth [6] - Momentum Style Score evaluates price trends and earnings outlook changes to identify favorable buying opportunities [7] VGM Score - The VGM Score combines the three Style Scores (Value, Growth, Momentum) to help investors find stocks with the best overall characteristics [8] EverQuote (EVER) Overview - EverQuote is an online insurance marketplace founded in 2011, focusing on auto, home, renters, and life insurance [14] - The company holds a 2 (Buy) rating on the Zacks Rank and has a VGM Score of B, indicating strong potential for growth [15] - EVER is forecasted to achieve year-over-year earnings growth of 103.3% for the current fiscal year, with upward revisions from six analysts in the last 60 days [15] - The Zacks Consensus Estimate for EVER has increased by $0.47 to $0.05 per share, and the company has an average earnings surprise of 65.2% [15][16]
Down -20.94% in 4 Weeks, Here's Why EverQuote (EVER) Looks Ripe for a Turnaround
ZACKS· 2024-06-17 14:36
How to Determine if a Stock is Oversold could reverse soon for reaching the old equilibrium of supply and demand. EverQuote (EVER) has been on a downward spiral lately with significant selling pressure. After declining 20.9% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. We use Relative Strength Index (RSI), one ...
Why EverQuote (EVER) is a Top Growth Stock for the Long-Term
ZACKS· 2024-06-07 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Z ...
EverQuote (EVER) Surges 89.6% YTD: Will the Rally Last?
ZACKS· 2024-06-06 15:16
Image Source: Zacks Investment Research This multi-line insurer carries a Zacks Rank #2 (Buy) at present. The company's earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 65.16%. The Zacks Consensus Estimate for EverQuote's 2024 earnings per share indicates a year-over-year increase of 102.6%. The consensus estimate for revenues is pegged at $385.39 million, implying a year-over-year improvement of 33.8%. EVER has a VGM Score of B. VGM Score helps identify stock ...
Why Is EverQuote (EVER) Down 12% Since Last Earnings Report?
ZACKS· 2024-06-05 16:35
A month has gone by since the last earnings report for EverQuote (EVER) . Shares have lost about 12% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is EverQuote due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. EverQuote Q1 Earnings Top Estimates, Revenues Fall Y/Y ...
Wall Street Analysts Think EverQuote (EVER) Could Surge 34.55%: Read This Before Placing a Bet
ZACKS· 2024-06-04 14:56
EverQuote (EVER) closed the last trading session at $22.11, gaining 3.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $29.75 indicates a 34.6% upside potential. The average comprises six short-term price targets ranging from a low of $29 to a high of $30, with a standard deviation of $0.42. While the lowest estimate indicates an increase of 31.2% from the current price level, th ...
Will EverQuote (EVER) Gain on Rising Earnings Estimates?
zacks.com· 2024-05-22 17:21
Core Viewpoint - EverQuote (EVER) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding EverQuote's earnings prospects, which is expected to positively impact its stock price [2]. - The current-quarter earnings estimate of $0.03 per share reflects a remarkable increase of +109.68% compared to the previous year, with a 126.03% rise in the Zacks Consensus Estimate over the last 30 days [5]. - For the full year, EverQuote is projected to earn $0.03 per share, representing a +101.95% change from the prior year, with a 108.38% increase in consensus estimates over the past month [6]. Zacks Rank and Performance - EverQuote has achieved a Zacks Rank 2 (Buy), supported by strong agreement among analysts in revising earnings estimates upward, which historically correlates with stock performance [3][7]. - Stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500 [7]. Stock Performance - EverQuote shares have increased by 34.3% over the past four weeks, indicating investor confidence in the company's earnings growth prospects [8].
Wall Street Analysts Believe EverQuote (EVER) Could Rally 25.37%: Here's is How to Trade
Zacks Investment Research· 2024-05-10 14:56
Shares of EverQuote (EVER) have gained 22.6% over the past four weeks to close the last trading session at $23.73, 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 $29.75 indicates a potential upside of 25.4%.The mean estimate comprises six short-term price targets with a standard deviation of $0.42. While the lowest estimate of $29 indicates a 22.2% increase from the current pri ...
Is EverQuote (EVER) Stock Outpacing Its Finance Peers This Year?
Zacks Investment Research· 2024-05-10 14:47
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is EverQuote (EVER) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.EverQuote is one of 856 companies in the Finance group. The Finance group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups b ...
EverQuote (EVER) Is Up 11.25% in One Week: What You Should Know
Zacks Investment Research· 2024-05-09 17:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...