In the past week, EVER stock has gone up by 7.24%, with a monthly gain of 15.61% and a quarterly surge of 80.45%. The volatility ratio for the week is 5.31%, and the volatility levels for the last 30 days are 4.80% for EverQuote Inc The simple moving average for the last 20 days is 5.93% for EVER’s stock, with a simple moving average of 87.63% for the last 200 days.
Is It Worth Investing in EverQuote Inc (NASDAQ: EVER) Right Now?
Moreover, the 36-month beta value for EVER is 0.84. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for EVER is 23.10M and currently, short sellers hold a 5.10% of that float. On April 17, 2024, EVER’s average trading volume was 381.73K shares.
EVER) stock’s latest price update
EverQuote Inc (NASDAQ: EVER) has experienced a decline in its stock price by 0.00 compared to its previous closing price of 19.85. However, the company has seen a gain of 7.24% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-09 that Does EverQuote (EVER) have what it takes to be a top stock pick for momentum investors? Let’s find out.
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 16.13% 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 -2.41% of loss for the given period.
Volatility was left at 4.80%, however, over the last 30 days, the volatility rate increased by 5.31%, as shares surge +16.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +51.63% upper at present.
During the last 5 trading sessions, EVER rose by +7.73%, which changed the moving average for the period of 200-days by +206.77% in comparison to the 20-day moving average, which settled at $18.88. In addition, EverQuote Inc saw 62.17% 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 BLUNDIN DAVID B, who sale 1,164 shares at the price of $20.00 back on Apr 12 ’24. After this action, BLUNDIN DAVID B now owns 692,988 shares of EverQuote Inc, valued at $23,280 using the latest closing price.
BLUNDIN DAVID B, the Director of EverQuote Inc, sale 936 shares at $20.00 during a trade that took place back on Apr 12 ’24, which means that BLUNDIN DAVID B is holding 615,510 shares at $18,720 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 2.23. 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
To wrap up, the performance of EverQuote Inc (EVER) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
