Closing Bell Recap: EverQuote Inc (EVER) Ends at 18.12, Reflecting a -3.62 Downturn

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

EverQuote Inc (NASDAQ: EVER) closed the day trading at $18.12 down -3.62% from the previous closing price of $18.80. In other words, the price has decreased by -$3.62 from its previous closing price. On the day, 0.66 million shares were traded. EVER stock price reached its highest trading level at $19.07 during the session, while it also had its lowest trading level at $17.92.

Ratios:

For a better understanding of EVER, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.31 and its Current Ratio is at 2.31. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on February 27, 2024, Reiterated its Buy rating but revised its target price to $25 from $15 previously.

On December 12, 2023, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $13.

On December 05, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $16.Craig Hallum initiated its Buy rating on December 05, 2023, with a $16 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 12 ’24 when BLUNDIN DAVID B sold 1,164 shares for $20.00 per share. The transaction valued at 23,280 led to the insider holds 692,988 shares of the business.

BLUNDIN DAVID B sold 936 shares of EVER for $18,720 on Apr 12 ’24. The Director now owns 615,510 shares after completing the transaction at $20.00 per share. On Apr 12 ’24, another insider, LINK VENTURES, LLLP, who serves as the 10% Owner of the company, sold 109 shares for $20.00 each. As a result, the insider received 2,180 and left with 1,565,563 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EVER now has a Market Capitalization of 620242176 and an Enterprise Value of 584446720. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 7.65. Its current Enterprise Value per Revenue stands at 2.03 whereas that against EBITDA is -22.426.

Stock Price History:

Over the past 52 weeks, EVER has reached a high of $20.74, while it has fallen to a 52-week low of $5.36. The 50-Day Moving Average of the stock is 5.31%, while the 200-Day Moving Average is calculated to be 70.29%.

Shares Statistics:

Over the past 3-months, EVER traded about 392.45K shares per day on average, while over the past 10 days, EVER traded about 386810 shares per day. A total of 28.57M shares are outstanding, with a floating share count of 23.10M. Insiders hold about 32.53% of the company’s shares, while institutions hold 61.09% stake in the company. Shares short for EVER as of 1711584000 were 1178536 with a Short Ratio of 3.00, compared to 1709164800 on 1247559. Therefore, it implies a Short% of Shares Outstanding of 1178536 and a Short% of Float of 5.4.

Earnings Estimates

At present, EverQuote, Inc. analysts are actively evaluating the performance of EverQuote Inc (EVER) in the stock market.The consensus estimate for the next quarter is $58.99, with high estimates of $7.49 and low estimates of $50.96.

Analysts are recommending an EPS of between $Technology and $Utilities for the fiscal current year, implying an average EPS of $Utilities.

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