EverQuote(EVER)

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EverQuote Announces First Quarter 2025 Financial Results
Globenewswire· 2025-05-05 20:05
Core Viewpoint - EverQuote, Inc. reported strong financial performance in Q1 2025, achieving record revenue and Adjusted EBITDA, driven by increased marketing budgets from carriers and agents, and a focus on digital advertising in the insurance sector [2][6][7]. Financial Performance - Total revenue for Q1 2025 grew by 83% year-over-year to $166.6 million [6][7]. - Variable Marketing Dollars (VMD) increased by 52% year-over-year to $46.9 million [6][7]. - Net income for Q1 2025 was $8.0 million, compared to $1.9 million in Q1 2024 [6][7]. - Adjusted EBITDA reached a record $22.5 million, up from $7.6 million in the previous year [6][7]. - Operating cash flow improved to $23.3 million from $10.4 million year-over-year [6][7]. Segment Performance - Revenue from the automotive insurance vertical was $152.7 million, a 97% increase year-over-year [7][18]. - Revenue from home and renters insurance grew by 10% to $13.9 million [7][18]. Cash Position - The company ended Q1 2025 with $125.0 million in cash and cash equivalents, a 22% increase from $102.1 million at the end of Q4 2024 [6][14]. Future Outlook - For Q2 2025, the company expects revenue between $155.0 million and $160.0 million, representing a 34% year-over-year growth at the midpoint [6][7]. - VMD is projected to be between $45.0 million and $47.0 million, indicating a 26% year-over-year growth at the midpoint [6][7]. - Adjusted EBITDA is anticipated to be between $20.0 million and $22.0 million, reflecting a 62% year-over-year growth at the midpoint [6][7].
EverQuote Gears Up to Report Q1 Earnings: What to Expect
ZACKS· 2025-04-30 18:40
Core Viewpoint - EverQuote, Inc. (EVER) is anticipated to show significant improvements in both revenue and earnings for the first quarter of 2025, with a projected revenue of $158.1 million, reflecting a 73.6% year-over-year increase, and earnings per share estimated at 32 cents, indicating a 540% increase from the previous year [1][2]. Revenue Expectations - The consensus estimate for EverQuote's first-quarter revenues is $158.1 million, which represents a 73.6% increase compared to the same period last year [1]. - EverQuote expects revenues to fall between $155 million and $160 million for the first quarter of 2025, with a midpoint growth of 73% year-over-year [5]. Earnings Projections - The bottom line consensus estimate for EverQuote is 32 cents per share, suggesting a substantial year-over-year increase of 540% [2]. - The Earnings ESP for EverQuote is 0.00%, as both the Most Accurate Estimate and the Zacks Consensus Estimate are at 32 cents [3]. Factors Influencing Results - The expected improvement in EverQuote's first-quarter results is attributed to the recovery in the auto insurance and homeowners' insurance markets, along with enhanced operational efficiency [4]. - Factors such as expansion into new verticals, increased consumer traffic, higher quote request volume, and innovative advertising products and services are likely to have positively impacted revenues [4]. Expense Considerations - Total expenses for EverQuote are projected to increase, primarily due to higher sales and marketing costs, with an estimated total expense of $137.8 million [5]. - The variable marketing margin is expected to improve, estimated at $45.6 million, driven by lower advertising costs and growth in revenue per quote request [6].
Is EverQuote (EVER) Stock a Solid Choice Right Now?
ZACKS· 2025-04-16 16:46
One stock that might be an intriguing choice for investors right now is EverQuote, Inc. (EVER) . This is because this security in the Insurance - Multi line space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Ins ...
EverQuote to Announce First Quarter 2025 Financial Results on May 5, 2025
Newsfilter· 2025-04-15 12:30
Core Viewpoint - EverQuote, Inc. will report its first quarter financial results on May 5, 2025, and will host a conference call to discuss these results and the company's outlook [1]. Group 1: Financial Results Announcement - EverQuote will announce its first quarter financial results after market close on May 5, 2025 [1]. - A conference call and webcast will be held at 4:30 p.m. ET to discuss the financial results and recent developments [1]. - The conference call can be accessed via a toll-free number in the US and an international number, with a specific conference ID provided [1]. Group 2: Company Overview - EverQuote operates a leading online marketplace for insurance shopping, connecting consumers with insurance providers, including carriers and agents [2]. - The company's vision is to be the leading growth partner for property and casualty (P&C) insurance providers [2]. - EverQuote's marketplace is driven by proprietary data and technology, enhancing the way insurance providers attract consumers [2].
EVER Outperforms Industry, Trades at Premium: How to Play the Stock
ZACKS· 2025-04-14 14:00
Shares of EverQuote, Inc. (EVER) have gained 1.1% year to date, outperforming its industry, the Finance sector and the Zacks S&P 500 composite’s decline of 3.3%, 3.8% and 9.1%, respectively. EverQuote shares are trading below the 50-day moving average, indicating a bearish trend. The insurer has a market capitalization of $721.98 million. The average volume of shares traded in the last three months was 0.6 million. EVER vs. Industry, Sector, S&P YTDImage Source: Zacks Investment ResearchEVER Shares are Expe ...
Wall Street Analysts See a 27.37% Upside in EverQuote (EVER): Can the Stock Really Move This High?
ZACKS· 2025-04-02 15:01
EverQuote (EVER) closed the last trading session at $26.56, gaining 0.8% 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 $33.83 indicates a 27.4% upside potential.The average comprises six short-term price targets ranging from a low of $29 to a high of $38, with a standard deviation of $2.99. While the lowest estimate indicates an increase of 9.2% from the current price level, the ...
Why Is EverQuote (EVER) Up 16% Since Last Earnings Report?
ZACKS· 2025-03-26 16:30
A month has gone by since the last earnings report for EverQuote (EVER) . Shares have added about 16% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is EverQuote due for a pullback? 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.How Have Estimates Been Moving Since Then?It turns out, est ...
EverQuote, Inc. (EVER) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-03-18 14:15
Shares of EverQuote (EVER) have been strong performers lately, with the stock up 29.3% over the past month. The stock hit a new 52-week high of $28.25 in the previous session. EverQuote has gained 40.3% since the start of the year compared to the 2.3% move for the Zacks Finance sector and the 5.1% return for the Zacks Insurance - Multi line industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of th ...
EverQuote (EVER) Surges 5.4%: Is This an Indication of Further Gains?
ZACKS· 2025-03-18 11:50
Company Overview - EverQuote (EVER) shares increased by 5.4% to close at $28.05, with a notable volume of shares traded, reflecting a 22.7% gain over the past four weeks [1] - The company is expected to benefit from its exclusive data assets, technology, focus on core P&C markets, streamlined operations, and strong financial profile, positioning it for long-term growth [1] Financial Performance - EverQuote anticipates revenues between $155 million and $160 million for Q1 2025, supported by solid performances in automotive and other insurance verticals [2] - The company is projected to report quarterly earnings of $0.32 per share, representing a year-over-year increase of 540%, with revenues expected to reach $158.08 million, up 73.6% from the previous year [4] - Lower advertising costs and increased revenue per quote request are expected to enhance variable marketing dollars (VMD), a key business metric [3] Earnings Estimates and Market Sentiment - The consensus EPS estimate for EverQuote has been revised 100% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [5] - EverQuote holds a Zacks Rank of 1 (Strong Buy), suggesting strong market sentiment towards the stock [5] Industry Context - EverQuote operates within the Zacks Insurance - Multi line industry, where another company, Fidelis Insurance Holdings (FIHL), has seen a decline of 6.6% over the past month [5] - In contrast, Fidelis Insurance's EPS estimate has decreased by 164.2% over the past month, indicating a negative outlook compared to EverQuote [6]
Wall Street Analysts See a 27.13% Upside in EverQuote (EVER): Can the Stock Really Move This High?
ZACKS· 2025-03-17 14:55
Group 1: Stock Performance and Price Targets - EverQuote (EVER) shares have increased by 22.7% over the past four weeks, closing at $26.61, with a mean price target of $33.83 indicating a potential upside of 27.1% [1] - The mean estimate consists of six short-term price targets with a standard deviation of $2.99, where the lowest estimate of $29 suggests a 9% increase, and the highest estimate of $38 indicates a 42.8% surge [2] - A tight clustering of price targets, represented by a low standard deviation, suggests a high degree of agreement among analysts regarding the stock's price movement [7] Group 2: Earnings Estimates and Analyst Consensus - Analysts have shown increasing optimism about EverQuote's earnings prospects, as indicated by a strong agreement in revising EPS estimates higher, which correlates with potential stock price increases [9] - The Zacks Consensus Estimate for the current year has risen by 46.1% over the past month, with six estimates increasing and no negative revisions [10] - EverQuote currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11] Group 3: Analyst Behavior and Price Target Reliability - Analysts often set overly optimistic price targets due to business incentives, which can lead to inflated estimates [6] - Empirical research indicates that price targets set by analysts rarely reflect the actual price direction of a stock, suggesting that investors should approach these targets with skepticism [5][8] - While consensus price targets may not be reliable for predicting stock gains, they can provide a directional guide for further research [12]