After finishing at $14.75 in the prior trading day, EverQuote Inc (NASDAQ: EVER) closed at $15.37, up 4.20%. In other words, the price has increased by $+0.62 from its previous closing price. On the day, 506046 shares were traded.
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Ratios:
Our goal is to gain a better understanding of EVER by taking a closer 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 Feb 27 ’24 when BLUNDIN DAVID B sold 54,835 shares for $19.14 per share. The transaction valued at 1,049,667 led to the insider holds 764,081 shares of the business.
BLUNDIN DAVID B sold 44,125 shares of EVER for $844,655 on Feb 27 ’24. The Director now owns 678,654 shares after completing the transaction at $19.14 per share. On Feb 27 ’24, another insider, LINK VENTURES, LLLP, who serves as the 10% Owner of the company, sold 5,157 shares for $19.14 each. As a result, the insider received 98,714 and left with 1,843,922 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 526.11M and an Enterprise Value of 490.31M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 6.49. Its current Enterprise Value per Revenue stands at 1.70 whereas that against EBITDA is -21.93.
Stock Price History:
Over the past 52 weeks, EVER has reached a high of $20.34, while it has fallen to a 52-week low of $5.36. The 50-Day Moving Average of the stock is 13.51, while the 200-Day Moving Average is calculated to be 9.14.
Shares Statistics:
The stock has traded on average 322.82K shares per day over the past 3-months and 600.45k shares per day over the last 10 days, according to various share statistics. A total of 28.57M shares are outstanding, with a floating share count of 22.51M. Insiders hold about 34.24% of the company’s shares, while institutions hold 61.04% stake in the company. Shares short for EVER as of Feb 15, 2024 were 1.17M with a Short Ratio of 3.64, compared to 1.29M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.43% and a Short% of Float of 5.39%.
Earnings Estimates
Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.31, while EPS last year was -$0.08. The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.07 and low estimates of -$0.3.
Analysts are recommending an EPS of between -$0.21 and -$1.06 for the fiscal current year, implying an average EPS of -$0.64. EPS for the following year is -$0.39, with 6 analysts recommending between $0 and -$0.93.
Revenue Estimates
7 analysts predict $80.08M in revenue for the current quarter. It ranges from a high estimate of $81M to a low estimate of $79.15M. As of the current estimate, EverQuote Inc’s year-ago sales were $109.22M, an estimated decrease of -26.70% from the year-ago figure.
A total of 8 analysts have provided revenue estimates for EVER’s current fiscal year. The highest revenue estimate was $333M, while the lowest revenue estimate was $246.64M, resulting in an average revenue estimate of $311.94M. In the same quarter a year ago, actual revenue was $287.92M, up 8.30% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $386.54M in the next fiscal year. The high estimate is $420.8M and the low estimate is $358.34M. The average revenue growth estimate for next year is up 23.90% from the average revenue estimate for this year.
