The Short-term Rise and Fall of EverQuote Inc (EVER) Stock

EverQuote Inc [EVER] stock is trading at $20.86, up 2.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EVER shares have gain 7.86% over the last week, with a monthly amount drifted -14.09%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Needham reaffirmed its Buy rating on February 27, 2024, and elevated its price target to $25. On December 12, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $13 on the stock. Craig Hallum started tracking the stock assigning a Buy rating and suggested a price target of $16 on December 05, 2023. B. Riley Securities upgraded its rating to a Buy and raised its price target to $14 on November 30, 2023. In a note dated April 17, 2023, Oppenheimer downgraded an Perform rating on this stock.

EverQuote Inc [EVER] stock has fluctuated between $5.36 and $25.69 over the past year. Currently, Wall Street analysts expect the stock to reach $22.5 within the next 12 months. EverQuote Inc [NASDAQ: EVER] shares were valued at $20.86 at the most recent close of the market. An investor can expect a potential return of 7.86% based on the average EVER price forecast.

Analyzing the EVER fundamentals

EverQuote Inc [NASDAQ:EVER] reported sales of 269.77M for the trailing twelve months, which represents a drop of -16.62%. Gross Profit Margin for this corporation currently stands at 0.92% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.35, Equity is -0.53 and Total Capital is -0.54. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.23 points at the first support level, and at 19.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.64, and for the 2nd resistance point, it is at 22.41.

Ratios To Look Out For

For context, EverQuote Inc’s Current Ratio is 2.03. In addition, the Quick Ratio stands at 2.03 and the Cash Ratio stands at 1.03. Considering the valuation of this stock, the price to sales ratio is 2.69, the price to book ratio is 8.18.

Transactions by insiders

Recent insider trading involved Shields John L., Director, that happened on Jun 12 ’24 when 2000.0 shares were sold. Chief Accounting Officer, Ayotte Jon completed a deal on Jun 11 ’24 to sell 5688.0 shares. Meanwhile, General Counsel Brncic Julia sold 2622.0 shares on Jun 11 ’24.

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