EverQuote Inc (NASDAQ:EVER) price on Friday, December 27, fall -2.14% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.68.
A look at the stock’s price movement, the close in the last trading session was $20.11, moving within a range at $19.05 and $20.005. The beta value (5-Year monthly) was 1.055 while the PE ratio in trailing twelve months stood at 55.99. Turning to its 52-week performance, $28.09 and $10.21 were the 52-week high and 52-week low respectively. Overall, EVER moved 0.05% over the past month.
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EverQuote Inc’s market cap currently stands at around $695.72 million, with investors looking forward to this quarter’s earnings report slated for in January.
Analysts have a consensus estimate of 133.83M for the company’s revenue for the quarter, with a low and high estimate of 132.39M and 135.51M respectively. The average forecast suggests up to a 140.26% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 486.48M, representing a 68.96% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that EVER is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 5 recommend EVER as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
EVER’s current price about 7.41% and 6.09% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.85, while 7-day volatility ratio is 4.70% and 5.00% in the 30-day chart. Further, EverQuote Inc (EVER) has a beta value of 0.96, and an average true range (ATR) of 1.02. Analysts have given the company’s stock an average 52-week price target of $34, forecast between a low of $30 and high of $36.5. Looking at the price targets, the low is -52.44% off current price level while to achieve the yearly target high, price needs to move -85.47%. Nonetheless, investors will most likely welcome a -72.76% jump to $34 which is the analysts’ median price.
If we refocus on EverQuote Inc (NASDAQ:EVER), historical trading data shows that trading volumes averaged 0.47 over the past 10 days and 509.99K over the past 3 months. The company’s latest data on shares outstanding shows there are 31.75 million shares.
The 26.92% of EverQuote Inc’s shares are in the hands of company insiders while institutional holders own 70.47% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.18 million on 2024-11-29, giving us a short ratio of 3.43. The data shows that as of 2024-11-29 short interest in EverQuote Inc (EVER) stood at 751.00005 of shares outstanding, with shares short rising to 1.88 million registered in 2024-10-31. Current price change has pushed the stock 60.78% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the EVER stock continues to rise going into the next quarter.
