EverQuote (EVER) is a Top-Ranked Growth Stock: Should You Buy?

Company Overview - EverQuote is an online insurance marketplace founded in 2011 and headquartered in Cambridge, MA, incorporated in Delaware in 2008 [10] - The company operates an online marketplace for consumers shopping for auto, home, renters, and life insurance, with two main verticals: Auto and Home and Renters [10] Investment Ratings - EverQuote holds a 1 (Strong Buy) rating on the Zacks Rank, indicating strong potential for investment [10] - The company has a VGM Score of B, suggesting a favorable combination of value, growth, and momentum [10] Growth Potential - EverQuote is identified as a top pick for growth investors, with a Growth Style Score of A [11] - The company is forecasted to achieve year-over-year earnings growth of 137% for the current fiscal year [11] - An analyst has revised their earnings estimate upwards for fiscal 2024, with the Zacks Consensus Estimate increasing to $0.57 per share [11] - EverQuote boasts an average earnings surprise of 144.9%, indicating strong performance relative to expectations [11] Summary of Investment Strategy - The combination of a solid Zacks Rank and top-tier Growth and VGM Style Scores positions EverQuote as a strong candidate for investors [11]