EverQuote(EVER)
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EverQuote (EVER) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-28 15:05
Company Overview - EverQuote (EVER) is expected to report a year-over-year increase in earnings, with a consensus estimate of $0.19 per share, reflecting a change of +147.5% [3] - Revenues are anticipated to reach $140.4 million, which is an increase of 155.2% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for November 4, 2024, and the stock may rise if actual results exceed expectations [2] - Conversely, if results fall short, the stock may decline [2] Estimate Revisions - The consensus EPS estimate has been revised 2.27% higher in the last 30 days, indicating a reassessment by analysts [4] - However, the Most Accurate Estimate for EverQuote is lower than the consensus, resulting in an Earnings ESP of -48.28%, suggesting a bearish outlook [10] Historical Performance - EverQuote has a history of beating consensus EPS estimates, having done so in the last four quarters [12] - In the last reported quarter, the company surprised analysts by posting earnings of $0.17 per share against an expectation of $0.04, resulting in a surprise of +325% [11] Industry Context - Prudential (PRU), a peer in the Zacks Insurance - Multi line industry, is expected to report earnings of $3.47 per share, reflecting a year-over-year change of +0.9% [16] - Prudential's revenues are projected to be $14.57 billion, up 43.9% from the previous year [16]
After Plunging -13.68% in 4 Weeks, Here's Why the Trend Might Reverse for EverQuote (EVER)
ZACKS· 2024-10-24 14:36
EverQuote (EVER) has been beaten down lately with too much selling pressure. While the stock has lost 13.7% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that ...
EverQuote to Announce Third Quarter 2024 Financial Results on November 4, 2024
GlobeNewswire News Room· 2024-10-15 20:10
CAMBRIDGE, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it will report third quarter 2024 financial results after the market close on Monday, November 4, 2024. Management will host a conference call and webcast to discuss the Company's financial results, recent developments, and business outlook at 4:30 p.m. ET. Time: 4:30 p.m. ET Live Call: US Toll Free: (800) 715-9871 All Other: +1 (646) 307-1963 Conference ID: 421070 ...
EverQuote Stock Rallies 72.3% Year to Date: More Room for Upside?
ZACKS· 2024-10-01 16:16
EverQuote, Inc. (EVER) shares have rallied 72.3% year to date compared with the industry's growth of 19.2%. The Finance sector and the Zacks S&P 500 composite have returned 15.5% and 20.6%, respectively, in the same time frame. With a market capitalization of $739.92 million, the average volume of shares traded in the last three months was 0.5 million. EVER Outperforms Industry, Sector & S&P Zacks Investment Research Image Source: Zacks Investment Research This multi-line insurer, sporting a Zacks Rank #1 ( ...
EverQuote: Driving In The Right Lane Again (Rating Upgrade)
Seeking Alpha· 2024-09-22 12:18
Amid all-time market highs, investors who are looking to beat the markets going forward have to deploy careful stock-picking, often in small-cap stocks that have low correlation to the broader markets. With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. ...
Here's Why EverQuote (EVER) is a Strong Momentum Stock
ZACKS· 2024-09-10 14:56
Company Overview - EverQuote, founded in 2011 and headquartered in Cambridge, MA, operates as an online insurance marketplace, providing consumers with options for auto, home, renters, and life insurance [11]. - The company is incorporated in Delaware and primarily reports two main verticals: Auto and Home and Renters [11]. Investment Ratings - EverQuote currently holds a Zacks Rank of 2 (Buy) and has a VGM Score of B, indicating a favorable investment outlook [11]. - The company has a Momentum Style Score of B, with shares increasing by 2% over the past four weeks [12]. Earnings Estimates - In the last 60 days, six analysts have revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate rising from $0.52 to $0.57 per share [12]. - EverQuote has demonstrated an impressive average earnings surprise of 144.9%, highlighting its potential for exceeding market expectations [12]. Investment Considerations - With a solid Zacks Rank and strong Momentum and VGM Style Scores, EverQuote is positioned as a noteworthy option for investors seeking potential growth [12].
Why Is EverQuote (EVER) Down 16.9% Since Last Earnings Report?
ZACKS· 2024-09-04 16:35
A month has gone by since the last earnings report for EverQuote (EVER) . Shares have lost about 16.9% 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 its most recent earnings report in order to get a better handle on the important drivers. EverQuote Q2 Earnings Top on Solid Automotive Revenues ...
Wall Street Analysts Believe EverQuote (EVER) Could Rally 39.35%: Here's is How to Trade
ZACKS· 2024-09-03 14:55
Shares of EverQuote (EVER) have gained 3.1% over the past four weeks to close the last trading session at $24.70, 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 $34.42 indicates a potential upside of 39.4%. The mean estimate comprises six short-term price targets with a standard deviation of $2.80. While the lowest estimate of $30 indicates a 21.5% increase from the current pri ...
EverQuote Stock Rallies 297.1% in a Year: More Room for Growth?
ZACKS· 2024-09-02 14:40
EverQuote, Inc.'s (EVER) shares have rallied 297.1% over the past year compared with the industry's growth of 26.9%. The Finance sector and the Zacks S&P 500 composite have returned 28% and 24.9%, respectively, in the same time frame. With a market capitalization of $866.58 million, the average volume of shares traded in the last three months was 0.5 million. EVER Outperforms Industry, Sector, S&P 500 Image Source: Zacks Investment Research The rally was largely driven by increasing consumer traffic, higher ...
Why EverQuote (EVER) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-08-09 14:55
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 ...