The stock of EverQuote Inc (EVER) has seen a 19.08% increase in the past week, with a 15.54% gain in the past month, and a 61.16% flourish in the past quarter. The volatility ratio for the week is 4.56%, and the volatility levels for the past 30 days are at 5.45% for EVER. The simple moving average for the last 20 days is 15.63% for EVER stock, with a simple moving average of 97.05% for the last 200 days.
Is It Worth Investing in EverQuote Inc (NASDAQ: EVER) Right Now?
Additionally, the 36-month beta value for EVER is 0.97. 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 23.55M and currently, short sellers hold a 5.03% ratio of that float. The average trading volume of EVER on May 02, 2024 was 427.93K shares.
EVER) stock’s latest price update
The stock price of EverQuote Inc (NASDAQ: EVER) has surged by 8.47 when compared to previous closing price of 20.43, but the company has seen a 19.08% gain in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-04-18 that CAMBRIDGE, Mass., April 18, 2024 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it will report first quarter 2024 financial results after the market close on Monday, May 6, 2024. Management will host a conference call and webcast to discuss the Company’s financial results, recent developments, and business outlook at 4:30 p.m. ET.
Analysts’ Opinion of EVER
Many brokerage firms have already submitted their reports for EVER stocks, with B. Riley Securities repeating the rating for EVER by listing it as a “Buy.” The predicted price for EVER in the upcoming period, according to B. Riley Securities is $24 based on the research report published on April 19, 2024 of the current year 2024.
Needham, on the other hand, stated in their research note that they expect to see EVER reach a price target of $25, previously predicting the price at $15. The rating they have provided for EVER stocks is “Buy” according to the report published on February 27th, 2024.
Raymond James gave a rating of “Outperform” to EVER, setting the target price at $13 in the report published on December 12th of the previous year.
EVER Trading at 22.79% 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 able to rebound, for now settling with 5.95% of gains for the given period.
Volatility was left at 5.45%, however, over the last 30 days, the volatility rate increased by 4.56%, as shares surge +16.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.14% upper at present.
During the last 5 trading sessions, EVER rose by +17.71%, which changed the moving average for the period of 200-days by +229.89% in comparison to the 20-day moving average, which settled at $19.32. In addition, EverQuote Inc saw 81.05% 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 27,364 shares at the price of $20.48 back on Apr 17 ’24. After this action, BLUNDIN DAVID B now owns 668,197 shares of EverQuote Inc, valued at $560,415 using the latest closing price.
BLUNDIN DAVID B, the Director of EverQuote Inc, sale 22,018 shares at $20.48 during a trade that took place back on Apr 17 ’24, which means that BLUNDIN DAVID B is holding 593,492 shares at $450,929 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 2.55. 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.
