EverQuote Inc (NASDAQ: EVER)’s stock price has decreased by -2.09 compared to its previous closing price of 19.18. However, the company has seen a 0.16% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-27 that EverQuote (EVER) reported earnings 30 days ago. What’s next for the stock?
Is It Worth Investing in EverQuote Inc (NASDAQ: EVER) Right Now?
Additionally, the 36-month beta value for EVER is 0.86. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 4 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for EVER is 22.99M and currently, short sellers hold a 5.12% ratio of that float. The average trading volume of EVER on April 05, 2024 was 359.25K shares.
EVER’s Market Performance
EVER stock saw an increase of 0.16% in the past week, with a monthly gain of 23.72% and a quarterly increase of 61.76%. The volatility ratio for the week is 6.19%, and the volatility levels for the last 30 days are 5.85% for EverQuote Inc (EVER). The simple moving average for the last 20 days is 5.56% for EVER stock, with a simple moving average of 87.55% for the last 200 days.
Analysts’ Opinion of EVER
Many brokerage firms have already submitted their reports for EVER stocks, with Needham repeating the rating for EVER by listing it as a “Buy.” The predicted price for EVER in the upcoming period, according to Needham is $25 based on the research report published on February 27, 2024 of the current year 2024.
Raymond James, on the other hand, stated in their research note that they expect to see EVER reach a price target of $13. The rating they have provided for EVER stocks is “Outperform” according to the report published on December 12th, 2023.
Craig Hallum gave a rating of “Buy” to EVER, setting the target price at $16 in the report published on December 05th of the previous year.
EVER Trading at 17.62% from the 50-Day Moving Average
After a stumble in the market that brought EVER to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.67% of loss for the given period.
Volatility was left at 5.85%, however, over the last 30 days, the volatility rate increased by 6.19%, as shares surge +27.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +59.15% upper at present.
During the last 5 trading sessions, EVER rose by +0.16%, which changed the moving average for the period of 200-days by +160.11% in comparison to the 20-day moving average, which settled at $17.99. In addition, EverQuote Inc saw 53.43% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EVER starting from Brainard David, who sale 2,245 shares at the price of $18.73 back on Apr 02 ’24. After this action, Brainard David now owns 183,505 shares of EverQuote Inc, valued at $42,049 using the latest closing price.
Sanborn Joseph, the Chief Financial Officer of EverQuote Inc, sale 664 shares at $18.73 during a trade that took place back on Apr 02 ’24, which means that Sanborn Joseph is holding 229,037 shares at $12,437 based on the most recent closing price.
Stock Fundamentals for EVER
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.92 for the gross margin
The net margin for EverQuote Inc stands at -0.18. The total capital return value is set at -0.64. Equity return is now at value -54.45, with -38.35 for asset returns.
Based on EverQuote Inc (EVER), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -1.31. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 125.87.
Currently, EBITDA for the company is -22.36 million with net debt to EBITDA at -33.21. When we switch over and look at the enterprise to sales, we see a ratio of 2.11. The receivables turnover for the company is 11.28for trailing twelve months and the total asset turnover is 2.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.31.
Conclusion
In conclusion, EverQuote Inc (EVER) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
