EverQuote stock: buy or sell?

EVER stock price: $39.17 -2.10% At close on February 26th, 2020

Updated on:
February 26th, 2020

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After reaching all time highs on February 24th, EverQuote eased -2.10% to $39.17. Yesterday EVER plunged a dreadful -14.32%. With Wednesday it's been 3 sliding days in a row, loosing $-7.48 (-16.56%).

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

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.

EVER stock chart (daily)

Weekly outlook

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%).

EVER stock chart (weekly)

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 target

Predicting 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.
EVER earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
0000-Q2-n/an/an/a
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q22018-08-06-0.14-0.19n/a
2018-Q32018-11-12-0.12-0.15n/a
2018-Q42019-02-25-0.29-0.28n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 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%.

EVER annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2016$123 M-$-0.93 M-0.8%-
2017$126 M2.82%$-5.07 M-4.0%443.52%
2018$163 M29.39%$-13.79 M-8.4%171.96%

Quarterly financial results

EverQuote 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%.
EVER quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$32 M-$-1.62 M-5.1%-
2017-Q2$30 M-5.46%$-1.67 M-5.5%2.90%
2017-Q4$32 M7.86%$-0.65 M-2.0%-60.78%
2018-Q1$41 M25.80%$-1.33 M-3.3%103.37%
2018-Q2$41 M0.89%$-1.73 M-4.2%30.27%
2018-Q3$42 M1.60%$-3.81 M-9.1%120.12%
2018-Q4$40 M-4.72%$-6.93 M-17.4%81.85%

EverQuote ownership

When 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:

EVER
Market cap$493.9 M
Total shares12.6 M
Float shares6.1 M
  - Institutional holdings (%)96.8%
  - Insider holdings (%)29.5%
Shares in short selling0.0%

EverQuote summary

Wednesday, February 26th, 2020
Open$38.00
Close$39.17
Day range$38.00 - $40.50
Previous close$40.01
Session gain-2.10%
Average true range$3.96
50d mov avg$36.60
100d mov avg$31.59
200d mov avg$24.04
Daily patternlb03a
Weekly pattern lb02a

EverQuote performance

Performance 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 .
Stock3m6m12m
EVEREverQuote11.25%74.94%430.76%

EverQuote competitors

Unfortunately, we could not find any public company that could be defined as EverQuote competitor. This doesn't mean EverQuote does not have any competitor in the market, it's just we could not detected it.