Yahoo Finance Here's Why EverQuote (EVER) is a Strong Growth Stock
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
EverQuote (EVER)
Founded in 2011 and headquartered in Cambridge, MA, EverQuote is an online insurance marketplace. It was incorporated in the state of Delaware in 2008. Through its Internet websites, the company operates an online marketplace for consumers shopping for auto, home and renters and life insurance. EVER is presently reporting two main verticals — Auto and Home and Renters.
EVER sits at a Zacks Rank #2 (Buy), holds a Growth Style Score of A, and has a VGM Score of B. Earnings and sales are forecasted to increase 103.3% and 33.9% year-over-year, respectively.
Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.47 to $0.05 per share. EVER boasts an average earnings surprise of 65.2%.
On a historic basis, EverQuote has generated cash flow growth of 8%, and is expected to report cash flow expansion of 42.5% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, EVER should be on investors' short lists.
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EverQuote, Inc. (EVER) : Free Stock Analysis Report
