EverQuote Inc (EVER) Stock: A Look at the Monthly Trend

In the past week, EVER stock has gone up by 11.41%, with a monthly decline of -4.56% and a quarterly surge of 3.39%. The volatility ratio for the week is 4.96%, and the volatility levels for the last 30 days are 6.85% for EverQuote Inc The simple moving average for the past 20 days is 7.90% for EVER’s stock, with a 38.25% simple moving average for the past 200 days.

Is It Worth Investing in EverQuote Inc (NASDAQ: EVER) Right Now?

The 36-month beta value for EVER is also noteworthy at 1.04. 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.”

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The public float for EVER is 24.94M, and at present, short sellers hold a 7.67% of that float. The average trading volume of EVER on September 02, 2024 was 546.51K shares.

EVER) stock’s latest price update

EverQuote Inc (NASDAQ: EVER) has seen a rise in its stock price by 4.75 in relation to its previous close of 23.58. However, the company has experienced a 11.41% gain in its stock price over the last five trading sessions. zacks.com reported 2024-08-26 that The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here’s why you should take advantage.

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 8.18% 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 -12.07% of loss for the given period.

Volatility was left at 6.85%, however, over the last 30 days, the volatility rate increased by 4.96%, as shares sank -0.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.39% upper at present.

During the last 5 trading sessions, EVER rose by +11.41%, which changed the moving average for the period of 200-days by +203.81% in comparison to the 20-day moving average, which settled at $22.89. In addition, EverQuote Inc saw 101.80% 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 Mendal Jayme, who sale 5,750 shares at the price of $23.04 back on Aug 28 ’24. After this action, Mendal Jayme now owns 408,555 shares of EverQuote Inc, valued at $132,480 using the latest closing price.

Sanborn Joseph, the Chief Financial Officer of EverQuote Inc, sale 4,800 shares at $22.50 during a trade that took place back on Aug 26 ’24, which means that Sanborn Joseph is holding 202,891 shares at $108,000 based on the most recent closing price.

Stock Fundamentals for EVER

Current profitability levels for the company are sitting at:

  • -0.09 for the present operating margin
  • 0.93 for the gross margin

The net margin for EverQuote Inc stands at -0.09. The total capital return value is set at -0.27. Equity return is now at value -26.41, with -17.99 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 5.27. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -67.96.

Currently, EBITDA for the company is -22.36 million with net debt to EBITDA at -3.34. When we switch over and look at the enterprise to sales, we see a ratio of 2.54. The receivables turnover for the company is 6.17for trailing twelve months and the total asset turnover is 2.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.13.

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.

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