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EverQuote (EVER) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2026-01-07 15:56
Core Viewpoint - EverQuote (EVER) has experienced a bearish trend recently, losing 6.7% over the past week, but the formation of a hammer chart pattern suggests a potential trend reversal as buying interest may be emerging [1][2]. Technical Analysis - The hammer chart pattern indicates a minor difference between opening and closing prices, with a long lower wick, suggesting that the stock may be nearing a bottom and that selling pressure could be exhausting [4][5]. - This pattern typically forms during a downtrend, where the stock opens lower, makes a new low, but then finds support and closes near its opening price, indicating a potential shift in control from bears to bulls [4][5]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for EverQuote, which is considered a bullish indicator, as it often leads to price appreciation [7]. - The consensus EPS estimate for the current year has increased by 2% over the last 30 days, indicating that analysts are optimistic about the company's earnings potential [8]. - EverQuote currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, which typically outperform the market [9][10].
EverQuote (EVER) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-05 23:30
Core Insights - EverQuote (EVER) reported revenue of $166.63 million for the quarter ended March 2025, marking an 83% year-over-year increase and a surprise of +5.41% over the Zacks Consensus Estimate of $158.08 million [1] - The earnings per share (EPS) for the same period was $0.38, compared to $0.05 a year ago, resulting in an EPS surprise of +18.75% against the consensus estimate of $0.32 [1] Financial Performance Metrics - Variable Marketing Dollars amounted to $46.86 million, exceeding the six-analyst average estimate of $45.41 million [4] - Automotive revenue reached $152.72 million, surpassing the average estimate of $143.04 million from four analysts, representing a significant year-over-year increase of +97% [4] - Home and Renters revenue was reported at $13.90 million, slightly below the four-analyst average estimate of $15.32 million, with a year-over-year change of +9.6% [4] - Other revenue was only $0.01 million, significantly lower than the three-analyst average estimate of $0.24 million, reflecting a drastic year-over-year decline of -98.5% [4] Stock Performance - EverQuote's shares have returned +23.3% over the past month, outperforming the Zacks S&P 500 composite's +0.4% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [3]