1 day ago - zacks.com

EverQuote (EVER) rallies on the back of higher consumer traffic, solid performance of automotive and other insurance marketplace verticals, favorable growth estimates and solid capital position.

1 week ago - zacks.com

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

2 weeks ago - zacks.com

EverQuote (EVER) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

4 weeks ago - zacks.com

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

1 month ago - zacks.com

EverQuote (EVER) stock rallies on the back of higher consumer traffic, solid performance of automotive and other insurance marketplace verticals, favorable growth estimates and solid capital position.

1 month ago - zacks.com

EverQuote (EVER) reported earnings 30 days ago. What's next for the stock?

1 month ago - zacks.com

The consensus price target hints at a 34.6% upside potential for EverQuote (EVER). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

1 month ago - zacks.com

EverQuote (EVER) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - https://www.zacks.com

Voya Financial, Inc. (VOYA Quick QuoteVOYA - Free Report) has been gaining momentum on the back of strategic acquisitions, favorable retention, positive impacts of the Benefitfocus acquisition, improved investment income, stronger surplus income and sufficient liquidity.Growth ProjectionsThe Zacks Consensus Estimate for Voya Financial’s 2024 earnings per share indicates a year-over-year increase of 5.8%. The consensus estimate for revenues is pegged at $1.30 billion, implying a year-over-year improvement of 15.9%.The consensus estimate for 2025 earnings per share and revenues indicates a year-over-year increase of 11.7% and 3.2%, respectively, from the corresponding 2024 estimates.Earnings Surprise HistoryVoya Financial has a solid earnings surprise history. It beat estimates in three of the last four quarters and missed in one, the average being 7.94%.Zacks Rank & Price PerformanceVOYA currently carries a Zacks Rank #3 (Hold). Over the past year, the stock has gained 5.6% compared with the industry’s rise of 26.2%. Image Source: Zacks Investment ResearchBusiness TailwindsVOYA’s earnings are driven by its solid segmental performances across Wealth Solutions, Investment Management and Health Solutions. These businesses are higher-growth, capital-light and higher-return units, boasting the company’s solid presence in the market.The Wealth Solutions segment is steadily witnessing significant growth on the back of continued strength in underlying business results, higher surplus income, lower credited interest, improved investment income, weaker fee-based margin, a favorable change in deferred acquisition costs and value of business acquired and lower administrative expenses. In Wealth Solutions, full-service recurring deposits should continue to gain from growth in the corporate markets.The Investment Management segment should benefit from higher investment capital returns due to its overall market performance and improved fee revenues, driven by higher average equity markets and positive net flows.VOYA is constantly taking strategic steps to ramp up growth in its Investment Management segment. Voya Financial and Allianz Global Investors inked a long-term strategic partnership that added scale and diversification to Voya Investment Management. Voya Investment Management’s adjusted operating margin is expected to increase 30-32% for 2024.The Health Solutions segment of the insurer is likely to benefit from growth across all product lines, favorable retention and the positive impacts of the Benefitfocus acquisition.The company’s capital levels remain strong. As of Mar 31, 2024, the estimated combined RBC ratio, with adjustments for certain intercompany transactions, was 412%. Voya Financial exited the first quarter with cash and cash equivalents of $995 million, which jumped 37.4% year over year. This financial flexibility provides strength to the company. The free cash flow conversion rate remained above 90%. VOYA expects to generate more than $800 million of free cash flow in 2024.Operational excellence has been helping the company deploy capital to enhance shareholders’ value. For 2024, the company remains focused on deploying capital to shareholders via share repurchases and dividends, given the actions taken to reduce debt in 2023. VOYA reaffirmed the EPS CAGR target of 12% to 17% for the three years ending in 2024.The Zacks Consensus Estimate for VOYA’s 2024 earnings has moved north 0.7% in the past 30 days. This should instill investors' confidence in the stock. HeadwindsThe life insurer has been experiencing an increase in expenses due to higher policyholder benefits, interest credited to contract owner account balances, operating costs and interest expenses. If the company doesn't strive to generate revenue growth more than the magnitude of increase in expenses, the margin will continue to erode.Stocks to ConsiderSome better-ranked stocks from the industry are Reinsurance Group of America, Incorporated (RGA Quick QuoteRGA - Free Report) , Radian Group Inc. (RDN Quick QuoteRDN - Free Report) and EverQuote, Inc. (EVER Quick QuoteEVER - Free Report) . While Reinsurance Group sports a Zacks Rank #1 (Strong Buy), Radian Group and EverQuote carry a Zacks Rank #2 (Buy) at present. Reinsurance Group has a solid track record of beating earnings estimates in each of the trailing four quarters, the average being 19.48%. In the past year, shares of RGA have gained 42.4%.The Zacks Consensus Estimate for RGA’s 2024 and 2025 earnings implies year-over-year growth of 3% and 5.2%, respectively.Radian Group has a solid track record of beating earnings estimates in each of the trailing four quarters, the average being 22.79%. In the past year, shares of RDN have gained 24%.The Zacks Consensus Estimate for RDN’s 2024 and 2025 revenues implies year-over-year growth of 8.2% and 4.9%, respectively.EverQuote has a solid track record of beating earnings estimates in each of the trailing four quarters, the average being 65.16%. In the past year, shares of EVER have surged 171.1%.The Zacks Consensus Estimate for EVER’s 2024 and 2025 earnings implies year-over-year growth of 98% and 550%, respectively. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>

1 month ago - zacks.com

The consensus price target hints at a 25.4% upside potential for EverQuote (EVER). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

1 month ago - zacks.com

Here is how EverQuote (EVER) and Goldman Sachs (GS) have performed compared to their sector so far this year.

1 month ago - zacks.com

Does EverQuote (EVER) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - zacks.com

EverQuote (EVER) first-quarter 2024 results reflect the early stages of auto carrier recovery.

2 months ago - seekingalpha.com

EverQuote, Inc. (NASDAQ:EVER ) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants Brinlea Johnson - Investor Relations, The Blueshirt Group, LLC Jayme Mendal - Chief Executive Officer Joseph Sanborn - Chief Financial Officer Conference Call Participants Ralph Schackart - William Blair & Company Michael Graham - Canaccord Genuity Group Inc. Cory Carpenter - JPMorgan Chase & Co. Zach Cummins - B Riley Securities. Carl Bartyzal - Craig Hallum Capital Group LLC Jed Kelly - Oppenheimer & Co. Inc. Mayank Tandon - Needham & Company, LLC Operator Thank you for standing by.

2 months ago - zacks.com

While the top- and bottom-line numbers for EverQuote (EVER) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

2 months ago - zacks.com

EverQuote (EVER) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to loss of $0.08 per share a year ago.

2 months ago - globenewswire.com

CAMBRIDGE, Mass., May 06, 2024 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the first quarter ended March 31, 2024.

2 months ago - zacks.com

EverQuote (EVER) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - headlinesoftoday.com

CAMBRIDGE, Mass., April 18, 2024 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it will report first quarter 2024 financial results after the market close on Monday, May 6, 2024. Management will host a conference call and webcast to discuss the Company’s financial results, recent developments, and business … The post EverQuote to Announce First Quarter 2024 Financial Results appeared first on Headlines of Today...

2 months ago - globenewswire.com

CAMBRIDGE, Mass., April 18, 2024 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it will report first quarter 2024 financial results after the market close on Monday, May 6, 2024. Management will host a conference call and webcast to discuss the Company's financial results, recent developments, and business outlook at 4:30 p.m. ET.

2 months ago - zacks.com

EverQuote (EVER) gains from reduced operating expenses, the enhancement of its platform via machine learning and artificial intelligence, and expected recovery in the auto insurance business.

2 months ago - zacks.com

Does EverQuote (EVER) have what it takes to be a top stock pick for momentum investors? Let's find out.

3 months ago - zacks.com

EverQuote (EVER) reported earnings 30 days ago. What's next for the stock?

3 months ago - zacks.com

The mean of analysts' price targets for EverQuote (EVER) points to a 29.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

3 months ago - zacks.com

EverQuote (EVER) stands to gain from reduced operating expenses, revenue growth within the health direct-to-consumer agency and a robust capital position.