NasdaqGM:EVER

Stock Analysis Report

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Market Cap

US$868.4m

Last Updated

2021/08/01 22:36 UTC

Data Sources

Company Financials +

Executive Summary

EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has EverQuote's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EVER is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: EVER's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

1.1%

EVER

-0.9%

US Interactive Media and Services

-0.4%

US Market


1 Year Return

-44.6%

EVER

63.9%

US Interactive Media and Services

35.9%

US Market

Return vs Industry: EVER underperformed the US Interactive Media and Services industry which returned 64% over the past year.

Return vs Market: EVER underperformed the US Market which returned 35.9% over the past year.


Shareholder returns

EVERIndustryMarket
7 Day1.1%-0.9%-0.4%
30 Day-5.7%3.6%-0.3%
90 Day-12.3%11.2%3.1%
1 Year-44.6%-44.6%64.2%63.9%38.0%35.9%
3 Year110.3%110.3%99.5%99.2%62.9%52.7%
5 Yearn/a192.3%191.8%121.3%96.9%

Long-Term Price Volatility Vs. Market

How volatile is EverQuote's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is EverQuote undervalued compared to its fair value and its price relative to the market?

37.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EVER ($30.18) is trading below our estimate of fair value ($48.45)

Significantly Below Fair Value: EVER is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EVER is unprofitable, so we can't compare its PE Ratio to the US Interactive Media and Services industry average.

PE vs Market: EVER is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EVER's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EVER is overvalued based on its PB Ratio (11.4x) compared to the US Interactive Media and Services industry average (3.4x).


Future Growth

How is EverQuote forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

64.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVER is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: EVER is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EVER's is expected to become profitable in the next 3 years.

Revenue vs Market: EVER's revenue (13.1% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: EVER's revenue (13.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EVER's Return on Equity is forecast to be high in 3 years time (31.6%)


Past Performance

How has EverQuote performed over the past 5 years?

21.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVER is currently unprofitable.

Growing Profit Margin: EVER is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EVER is unprofitable, but has reduced losses over the past 5 years at a rate of 21.4% per year.

Accelerating Growth: Unable to compare EVER's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EVER is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (9.9%).


Return on Equity

High ROE: EVER has a negative Return on Equity (-17.85%), as it is currently unprofitable.


Financial Health

How is EverQuote's financial position?


Financial Position Analysis

Short Term Liabilities: EVER's short term assets ($104.2M) exceed its short term liabilities ($49.1M).

Long Term Liabilities: EVER's short term assets ($104.2M) exceed its long term liabilities ($10.6M).


Debt to Equity History and Analysis

Debt Level: EVER is debt free.

Reducing Debt: EVER had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable EVER has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: EVER is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 54.8% per year.


Dividend

What is EverQuote current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EVER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EVER's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EVER's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EVER's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EVER's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Jayme Mendal (35 yo)

0.67

Tenure

US$4,390,305

Compensation

Mr. Jayme Mendal serves as Chief Executive Officer and Director at EverQuote, Inc. since November 28, 2020. Mr. Mendal had been a Chief Operating Officer at EverQuote, Inc. since February 13, 2019 until No...


CEO Compensation Analysis

Compensation vs Market: Jayme's total compensation ($USD4.39M) is above average for companies of similar size in the US market ($USD2.44M).

Compensation vs Earnings: Jayme's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: EVER's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: EVER's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EVER insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.4%.


Top Shareholders

Company Information

EverQuote, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EverQuote, Inc.
  • Ticker: EVER
  • Exchange: NasdaqGM
  • Founded: 2008
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: US$868.403m
  • Shares outstanding: 28.77m
  • Website: https://www.everquote.com

Number of Employees


Location

  • EverQuote, Inc.
  • 210 Broadway
  • Cambridge
  • Massachusetts
  • 2139
  • United States

Listings


Biography

EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. The company’s online marketplace offers consumers shopping for auto, home and renters, life, health, and commerci...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/01 22:36
End of Day Share Price2021/07/30 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.