EverQuote stock: buy or sell?
February 26th, 2020
Should I buy EverQuote stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, EverQuote stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is EverQuote stock a buy?
Banks and financial institutions post stock ratings everyday.Unfortunately, we couldn't find any rating for EVER stock for the last month.
EverQuote stock analysis
After reaching all time highs on February 24th, EverQuote eased -2.10% to $39.17.
After reaching all time highs on Feb 24th, EverQuote eased -2.10% today to $39.17. From a daily outlook perspective, EVER is drawing an uptrend of rising tops and rising bottoms. Since its last top on Feb/24 at $48.23, price slid and bounced up back from $37.46. Breaking down under $37.46 would cancel the current uptrend and it might slide further to test lower supports. Note that $48.23 might act as a resistance line. Trading the long side, we should wait to a new breakout over $48.23 to find the next buy point. On October EVER price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On February/24, EVER hit new all time highs, pushing higher previous ATH of $47.44 recorded on Friday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Shares of EverQuote closed this week at $39.17 after reaching a new all time high ($48.23) even it couldn't close with gains and plummed a chilling -16.03%. Last week EVER boosted an extraordinary 12.07% in just one week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $42.59 resistance. By mid June 2019, SMA20w and SMA40w crossed up triggering a rise of 215.89%. Since price and SMA40w lines crossed up early May, EVER climbed $30.32 (342.60%).
EverQuote stock price history
EverQuote IPO was on June 28th, 2018 at $20.59 per share1. Since then, EVER stock grew a 90.20%, with a yearly average of 90.20%. If you had invested right after EVER's IPO a $1,000 in EverQuote stock in 2018, it would worth $902.00 today.
1: Adjusted price after possible price splits or reverse-splits.
EverQuote stock historical price chart
EVER stock reached all-time highs on Feb 24th with a price of $48.23.
EverQuote stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price forecast for EverQuote stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, EverQuote failed to meet the forecasts of the analysts and reported an ugly EPS of $-0.28 per share when experts were expecting $-0.29.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, EverQuote annual revenues climbed a super good 29.39% to $163.35 million USD from $126.24 marked in 2017. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) declined a -4.43% to -8.44%.
|2016||$123 M||-||$-0.93 M-0.8%||-|
|2017||$126 M||2.82%||$-5.07 M-4.0%||443.52%|
|2018||$163 M||29.39%||$-13.79 M-8.4%||171.96%|
Quarterly financial resultsEverQuote reported $39.78 M in sales for 2018-Q4, a -4.72% decline compared to previous quarter. Reported quarter income marked $-6.93 million with a profit margin of -17.41%. Profit margin fell a -8.29% compared to previous quarter when profit margin was -9.12%. When comparing sales to same quarter last year, EverQuote sales marked a dazzling gain and rocketed a 22.86%.
|2017-Q1||$32 M||-||$-1.62 M-5.1%||-|
|2017-Q2||$30 M||-5.46%||$-1.67 M-5.5%||2.90%|
|2017-Q4||$32 M||7.86%||$-0.65 M-2.0%||-60.78%|
|2018-Q1||$41 M||25.80%||$-1.33 M-3.3%||103.37%|
|2018-Q2||$41 M||0.89%||$-1.73 M-4.2%||30.27%|
|2018-Q3||$42 M||1.60%||$-3.81 M-9.1%||120.12%|
|2018-Q4||$40 M||-4.72%||$-6.93 M-17.4%||81.85%|
EverQuote ownershipWhen you are planning to buy a stock, it's always worth to check its ownership structure.
EverQuote shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 29.47% of all shares.
Bearish positions for EVER stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to EverQuote:
|Market cap||$493.9 M|
|Total shares||12.6 M|
|Float shares||6.1 M|
|- Institutional holdings (%)||96.8%|
|- Insider holdings (%)||29.5%|
|Shares in short selling||0.0%|
|Wednesday, February 26th, 2020|
|Day range||$38.00 - $40.50|
|Average true range||$3.96|
|50d mov avg||$36.60|
|100d mov avg||$31.59|
|200d mov avg||$24.04|
EverQuote performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For EverQuote, the comparison is made against .