EverQuote Stock: A Deep Dive Into Analyst Perspectives (8 Ratings)

In the last three months, 8 analysts have published ratings on EverQuote EVER, offering a diverse range of perspectives from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $18.88, a high estimate of $25.00, and a low estimate of $13.00. This current average reflects an increase of 45.23% from the previous average price target of $13.00.

Breaking Down Analyst Ratings: A Detailed Examination

The standing of EverQuote among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to EverQuote. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of EverQuote compared to the broader market.
• Price Targets: Gaining insights, analysts provide estimates for the future value of EverQuote's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into EverQuote's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on EverQuote analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Discovering EverQuote: A Closer Look

EverQuote Inc is engaged in the business activity of offering an online marketplace for insurance shopping. The online marketplace offers consumers to find relevant insurance quotes based on car insurance, home insurance, and life insurance. The platform of the company is driven by data science. The firm's data and technology platform match and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers. It derives a majority of revenue from Direct channels.

Understanding the Numbers: EverQuote's Finances

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Challenges: EverQuote's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -46.71%. This indicates a decrease in top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -53.11%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): EverQuote's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -31.18%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): EverQuote's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -22.56%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: With a below-average debt-to-equity ratio of 0.03, EverQuote adopts a prudent financial strategy, indicating a balanced approach to debt management.

Analyst Ratings: Simplified

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.