The 36-month beta value for EVER is also noteworthy at 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 23.88M, and at present, short sellers hold a 4.96% of that float. The average trading volume of EVER on May 07, 2024 was 450.99K shares.
EVER) stock’s latest price update
EverQuote Inc (NASDAQ: EVER) has experienced a rise in its stock price by 12.40 compared to its previous closing price of 21.36. However, the company has seen a gain of 19.03% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-06 that EverQuote, Inc. (NASDAQ:EVER ) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants Brinlea Johnson – Investor Relations, The Blueshirt Group, LLC Jayme Mendal – Chief Executive Officer Joseph Sanborn – Chief Financial Officer Conference Call Participants Ralph Schackart – William Blair & Company Michael Graham – Canaccord Genuity Group Inc. Cory Carpenter – JPMorgan Chase & Co. Zach Cummins – B Riley Securities. Carl Bartyzal – Craig Hallum Capital Group LLC Jed Kelly – Oppenheimer & Co. Inc. Mayank Tandon – Needham & Company, LLC Operator Thank you for standing by.
EVER’s Market Performance
EverQuote Inc (EVER) has seen a 19.03% rise in stock performance for the week, with a 23.57% gain in the past month and a 80.66% surge in the past quarter. The volatility ratio for the week is 4.32%, and the volatility levels for the past 30 days are at 5.18% for EVER. The simple moving average for the past 20 days is 22.87% for EVER’s stock, with a 109.37% simple moving average for the past 200 days.
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 30.82% 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 7.81% of gains for the given period.
Volatility was left at 5.18%, however, over the last 30 days, the volatility rate increased by 4.32%, as shares surge +25.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +40.05% upper at present.
During the last 5 trading sessions, EVER rose by +19.01%, which changed the moving average for the period of 200-days by +240.74% in comparison to the 20-day moving average, which settled at $19.79. In addition, EverQuote Inc saw 96.15% 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 51,934 shares at the price of $21.90 back on May 03 ’24. After this action, BLUNDIN DAVID B now owns 529,055 shares of EverQuote Inc, valued at $1,137,355 using the latest closing price.
BLUNDIN DAVID B, the Director of EverQuote Inc, sale 41,789 shares at $21.90 during a trade that took place back on May 03 ’24, which means that BLUNDIN DAVID B is holding 469,907 shares at $915,179 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 -0.17. The total capital return value is set at -0.35. Equity return is now at value -54.45, with -38.35 for asset returns.
Currently, EBITDA for the company is -22.36 million with net debt to EBITDA at -11.88. When we switch over and look at the enterprise to sales, we see a ratio of 2.94. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.31.
Conclusion
In summary, EverQuote Inc (EVER) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others 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.
