Analyst Expectations For EverQuote's Future

Ratings for EverQuote EVER were provided by 6 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $22.0, a high estimate of $25.00, and a low estimate of $15.00. This current average has increased by 57.14% from the previous average price target of $14.00.

Decoding Analyst Ratings: A Detailed Look

The perception of EverQuote by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to EverQuote. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of EverQuote compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of EverQuote's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into EverQuote's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

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Get to Know EverQuote Better

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.

A Deep Dive into EverQuote's Financials

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Challenges: EverQuote's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -36.92%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Communication Services sector.

Net Margin: EverQuote's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -11.4% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): EverQuote's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -7.8%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): EverQuote's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -5.64%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: EverQuote's debt-to-equity ratio is below the industry average. With a ratio of 0.03, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Core of Analyst Ratings: What Every Investor Should Know

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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