Market Insights: EverQuote Inc (EVER)’s Notable Drop of -3.96, Closing at 22.07

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As of close of business last night, EverQuote Inc’s stock clocked out at $22.07, down -3.96% from its previous closing price of $22.98. In other words, the price has decreased by -$3.96 from its previous closing price. On the day, 0.63 million shares were traded. EVER stock price reached its highest trading level at $23.23 during the session, while it also had its lowest trading level at $22.03.

Ratios:

To gain a deeper understanding of EVER’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.62. For the most recent quarter (mrq), Quick Ratio is recorded 2.13 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.

On February 27, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $15 to $25.

Raymond James Upgraded its Mkt Perform to Outperform on December 12, 2023, while the target price for the stock was maintained at $13.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 16 ’24 when Sanborn Joseph sold 747 shares for $22.62 per share. The transaction valued at 16,897 led to the insider holds 215,664 shares of the business.

Ayotte Jon sold 564 shares of EVER for $12,758 on Aug 16 ’24. The Chief Accounting Officer now owns 58,086 shares after completing the transaction at $22.62 per share. On Aug 16 ’24, another insider, Brainard David, who serves as the Chief Technology Officer of the company, sold 914 shares for $22.62 each. As a result, the insider received 20,675 and left with 169,042 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 774308288 and an Enterprise Value of 716784192. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.43 while its Price-to-Book (P/B) ratio in mrq is 7.68. Its current Enterprise Value per Revenue stands at 2.248 whereas that against EBITDA is -139.67.

Stock Price History:

Over the past 52 weeks, EVER has reached a high of $28.09, while it has fallen to a 52-week low of $5.52. The 50-Day Moving Average of the stock is -2.10%, while the 200-Day Moving Average is calculated to be 28.72%.

Shares Statistics:

It appears that EVER traded 527.58K shares on average per day over the past three months and 943880 shares per day over the past ten days. A total of 28.57M shares are outstanding, with a floating share count of 24.88M. Insiders hold about 29.00% of the company’s shares, while institutions hold 66.36% stake in the company. Shares short for EVER as of 1722384000 were 1769090 with a Short Ratio of 3.35, compared to 1719532800 on 1606187. Therefore, it implies a Short% of Shares Outstanding of 1769090 and a Short% of Float of 6.140000000000001.

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