What is William Blair’s Forecast for EverQuote Q4 Earnings?

EverQuote, Inc. (NASDAQ:EVER) – William Blair cut their Q4 2024 earnings estimates for EverQuote in a research report issued on Tuesday, November 5th. William Blair analyst R. Schackart now anticipates that the company will post earnings of $0.20 per share for the quarter, down from their previous forecast of $0.23. The consensus estimate for EverQuote’s current full-year earnings is $0.57 per share. William Blair also issued estimates for EverQuote’s Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.24 EPS and FY2025 earnings at $0.89 EPS.

Other research analysts also recently issued reports about the stock. Needham & Company LLC upped their target price on shares of EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Craig Hallum upped their target price on shares of EverQuote from $30.00 to $33.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. JPMorgan Chase & Co. decreased their target price on shares of EverQuote from $34.00 to $28.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, B. Riley decreased their target price on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a research note on Tuesday. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $28.50.

EverQuote Trading Up 5.9 %

Shares of EVER stock opened at $19.08 on Thursday. The company has a market capitalization of $669.33 million, a PE ratio of 56.12 and a beta of 1.06. The firm has a fifty day simple moving average of $20.55 and a 200-day simple moving average of $21.79. EverQuote has a twelve month low of $7.95 and a twelve month high of $28.09.

EverQuote (NASDAQ:EVER) last released its quarterly earnings data on Monday, November 4th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.09. EverQuote had a net margin of 3.31% and a return on equity of 15.01%. The company had revenue of $144.53 million during the quarter, compared to the consensus estimate of $140.30 million. During the same period in the previous year, the firm earned ($0.40) earnings per share. EverQuote’s revenue for the quarter was up 162.7% on a year-over-year basis.

Institutional Trading of EverQuote

A number of institutional investors and hedge funds have recently modified their holdings of the business. nVerses Capital LLC raised its holdings in shares of EverQuote by 41.2% during the third quarter. nVerses Capital LLC now owns 2,400 shares of the company’s stock worth $51,000 after purchasing an additional 700 shares during the period. Quarry LP increased its holdings in shares of EverQuote by 215.5% in the 2nd quarter. Quarry LP now owns 1,442 shares of the company’s stock worth $30,000 after acquiring an additional 985 shares during the period. CWM LLC increased its holdings in shares of EverQuote by 133.2% in the 2nd quarter. CWM LLC now owns 1,861 shares of the company’s stock worth $39,000 after acquiring an additional 1,063 shares during the period. Gladius Capital Management LP acquired a new stake in shares of EverQuote in the 3rd quarter worth about $26,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of EverQuote in the 2nd quarter worth about $76,000. 91.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity at EverQuote

In related news, CFO Joseph Sanborn sold 4,800 shares of the company’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $21.54, for a total value of $103,392.00. Following the sale, the chief financial officer now directly owns 207,691 shares of the company’s stock, valued at $4,473,664.14. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other EverQuote news, CTO David Brainard sold 3,164 shares of the stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $22.02, for a total transaction of $69,671.28. Following the sale, the chief technology officer now directly owns 160,986 shares of the company’s stock, valued at approximately $3,544,911.72. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Joseph Sanborn sold 4,800 shares of the stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $21.54, for a total transaction of $103,392.00. Following the sale, the chief financial officer now directly owns 207,691 shares in the company, valued at $4,473,664.14. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 20,270 shares of company stock valued at $431,011 over the last ninety days. Corporate insiders own 29.79% of the company’s stock.

About EverQuote

EverQuote, Inc operates an online marketplace for insurance shopping in the United States. The company offers auto, home and renters, and life insurance. The company serves carriers and agents, as well as indirect distributors. The company was formerly known as AdHarmonics, Inc, and changed its name to EverQuote, Inc in November 2014.