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EverQuote, Inc. (EVER) Soars to 52-Week High, Time to Cash Out?
EverQuoteEverQuote(US:EVER) ZACKSยท2024-07-22 14:35

Core Viewpoint - EverQuote's shares have increased significantly, with a 30% rise over the past month and a 105.5% increase since the beginning of the year, outperforming the Zacks Finance sector and the Zacks Insurance - Multi line industry [1] Valuation Metrics - The stock trades at a high valuation of 486.8X current fiscal year EPS estimates, compared to the peer industry average of 9.5X, and at 5X trailing cash flow versus an average of 8.6X for its peers [3] - EverQuote is expected to report earnings of $0.05 per share on revenues of $385.39 million for the current fiscal year, reflecting a 103.25% increase in EPS and a 33.85% increase in revenues [10] Earnings Performance - The company has consistently exceeded earnings expectations, reporting EPS of $0.05 against a consensus estimate of $-0.07 in its last earnings report, and beating revenue estimates by 12.77% [4] Zacks Style Scores - EverQuote has a Value Score of F, a Growth Score of A, and a Momentum Score of D, resulting in a combined VGM Score of B [11] - The stock currently holds a Zacks Rank of 2 (Buy), indicating favorable earnings estimate revisions from analysts [6] Future Outlook - For the next fiscal year, EverQuote is projected to earn $0.19 per share on revenues of $467.3 million, representing a year-over-year change of 270.01% in EPS and 21.25% in revenues [10] - Given its Zacks Rank and Style Scores, EverQuote appears to be positioned for potential further gains [12]