In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, EverQuote Inc’s stock clocked out at $25.29, up 18.40% from its previous closing price of $21.36. In other words, the price has increased by $18.40 from its previous closing price. On the day, 2.45 million shares were traded. EVER stock price reached its highest trading level at $25.69 during the session, while it also had its lowest trading level at $21.78.
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 18.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 167.30. 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 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 May 03 ’24 when BLUNDIN DAVID B sold 51,934 shares for $21.90 per share. The transaction valued at 1,137,355 led to the insider holds 529,055 shares of the business.
BLUNDIN DAVID B sold 41,789 shares of EVER for $915,179 on May 03 ’24. The Director now owns 469,907 shares after completing the transaction at $21.90 per share. On May 03 ’24, another insider, LINK VENTURES, LLLP, who serves as the 10% Owner of the company, sold 4,884 shares for $21.90 each. As a result, the insider received 106,960 and left with 1,548,546 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 865669120. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.26 while its Price-to-Book (P/B) ratio in mrq is 10.68.
Stock Price History:
Over the past 52 weeks, EVER has reached a high of $22.27, while it has fallen to a 52-week low of $5.36. The 50-Day Moving Average of the stock is 37.80%, while the 200-Day Moving Average is calculated to be 120.54%.
Shares Statistics:
It appears that EVER traded 450.99K shares on average per day over the past three months and 484960 shares per day over the past ten days. A total of 28.57M shares are outstanding, with a floating share count of 23.88M. Insiders hold about 31.25% of the company’s shares, while institutions hold 59.89% stake in the company. Shares short for EVER as of 1713139200 were 1185502 with a Short Ratio of 2.63, compared to 1710460800 on 1177402. Therefore, it implies a Short% of Shares Outstanding of 1185502 and a Short% of Float of 4.4799999999999995.
