EverQuote(EVER)
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Why Is EverQuote (EVER) Up 11.8% Since Last Earnings Report?
ZACKS· 2025-12-03 17:31
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]
Add These 4 Top-Ranked Liquid Stocks to Maximize Portfolio Returns
ZACKS· 2025-11-21 14:06
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]
Wall Street Analysts Believe EverQuote (EVER) Could Rally 41.77%: Here's is How to Trade
ZACKS· 2025-11-20 15:56
分组1 - EverQuote (EVER) shares have increased by 18.2% over the past four weeks, closing at $23.75, with a mean price target of $33.67 indicating a potential upside of 41.8% [1] - The mean estimate consists of six short-term price targets with a standard deviation of $3.83, where the lowest estimate of $30.00 suggests a 26.3% increase, and the highest estimate of $40.00 indicates a 68.4% surge [2] - Analysts show strong agreement on the company's ability to report better earnings, with a positive trend in earnings estimate revisions correlating with potential stock price increases [4][11] 分组2 - The Zacks Consensus Estimate for the current year has risen by 8.6% over the past month, with five estimates increasing and no negative revisions [12] - 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] - While consensus price targets may not be reliable for predicting exact gains, they can provide a directional guide for price movement [14]
EverQuote (NasdaqGM:EVER) 2025 Conference Transcript
2025-11-19 17:22
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.
EverQuote (EVER) Is Up 18.06% in One Week: What You Should Know
ZACKS· 2025-11-13 18:01
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].
5 Insightful Analyst Questions From EverQuote’s Q3 Earnings Call
Yahoo Finance· 2025-11-10 05:31
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]
Bet on These 4 Top-Performing Liquid Stocks to Maximize Returns
ZACKS· 2025-11-07 16:41
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]
Evergold Announces Closing of $350,000 Convertible Debenture Private Placement with CJ “Charlie” Greig; Drilling at DEM is Underway
Globenewswire· 2025-11-07 12:00
Core Points - Evergold Corp. has closed a non-brokered private placement of an unsecured convertible debenture for gross proceeds of $350,000 [1] - The convertible debenture has an interest rate of 7.5% per annum and matures on November 6, 2027 [1] - The principal amount can be converted into up to 1,521,739 common shares at a conversion price of $0.23 per share [1] - Investors will receive 3,000 detachable common share purchase warrants for each $1,000 of principal, totaling 1,050,000 warrants [1] - C.J. Greig Holdings Ltd., a related party, acquired the entire $350,000 principal amount of the convertible debenture [3] - The issuance of securities is exempt from formal valuation and minority shareholder approval requirements under MI 61-101 [3] - Evergold Corp. is a mineral exploration company with a successful track record, including the establishment of GT Gold Corp. and a significant discovery sold to Newmont for $456 million [4] Drilling Update - Drilling has commenced on a core hole below promising intersections of precious and critical metals at the DEM Mountain Zone [2] - The drilling is expected to take one week to ten days [2]
Earnings Estimates Rising for EverQuote (EVER): Will It Gain?
ZACKS· 2025-11-05 18:21
Core Viewpoint - EverQuote (EVER) is positioned as a strong investment opportunity due to significant revisions in earnings estimates, indicating a positive earnings outlook that may continue to drive stock gains [1][10]. Estimate Revisions - The upward trend in earnings estimate revisions reflects increasing analyst optimism regarding EverQuote's earnings prospects, which is expected to positively influence its stock price [2]. - The Zacks Rank system, which categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell), has shown that stocks ranked 1 have historically outperformed, with an average annual return of +25% since 2008 [3]. - There is a strong consensus among analysts to raise earnings estimates for EverQuote, leading to a significant increase in consensus estimates for both the next quarter and the full year [3]. Current-Quarter Estimates - For the current quarter, EverQuote is projected to earn $0.35 per share, reflecting a year-over-year increase of +6.1% [6]. - The Zacks Consensus Estimate for the current quarter has risen by 5.61% over the past 30 days, with four estimates increasing and no negative revisions [6]. Current-Year Estimates - The full-year earnings estimate stands at $1.38 per share, representing a substantial year-over-year change of +56.8% [7]. - The consensus estimate for the current year has also increased by 5.2%, supported by four upward revisions and no negative changes [8]. Zacks Rank - EverQuote currently holds a Zacks Rank 1 (Strong Buy), indicating strong potential for stock performance based on favorable estimate revisions [9]. - Research indicates that stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [9]. Bottom Line - EverQuote has experienced a 9.2% stock gain over the past four weeks, driven by solid estimate revisions, suggesting it may be a timely addition to investment portfolios [10].
EverQuote (EVER) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-11-05 18:01
Core Viewpoint - EverQuote (EVER) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, which reflects the changing earnings picture of a company [1][2]. - A strong correlation exists between earnings estimate revisions and near-term stock price movements, making the Zacks rating system valuable for investors [4][6]. Institutional Investor Influence - Institutional investors utilize earnings estimates to determine the fair value of a company's shares, leading to significant stock price movements based on their buying or selling actions [4]. EverQuote's Earnings Outlook - EverQuote's rising earnings estimates and the Zacks rating upgrade suggest an improvement in the company's underlying business, which is expected to drive the stock price higher [5][10]. - For the fiscal year ending December 2025, EverQuote is projected to earn $1.38 per share, with a 5.8% increase in the Zacks Consensus Estimate over the past three months [8]. Zacks Rank System Performance - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of EverQuote to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].