Everquote Class A Stock Price Prediction

EVER Stock  USD 18.75  0.47  2.57%   
The relative strength index (RSI) of EverQuote's share price is above 70 as of today suggesting that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling EverQuote, making its price go up or down.

Oversold Vs Overbought

71

 
Oversold
 
Overbought
EverQuote Class A stock price prediction is an act of determining the future value of EverQuote shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of EverQuote's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of EverQuote and does not consider all of the tangible or intangible factors available from EverQuote's fundamental data. We analyze noise-free headlines and recent hype associated with EverQuote Class A, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting EverQuote's stock price prediction:
EPS Estimate Next Quarter
(0.24)
EPS Estimate Current Year
(0.39)
EPS Estimate Next Year
(0.21)
Wall Street Target Price
24
EPS Estimate Current Quarter
(0.32)
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of EverQuote based on different types of headlines from major news networks to social media. The EverQuote stock price prediction module provides an analysis of price elasticity to changes in media outlook on EverQuote over a specific investment horizon. Using EverQuote hype-based prediction, you can estimate the value of EverQuote Class A from the perspective of EverQuote response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards EverQuote using EverQuote's stock options and short interest. It helps to benchmark the overall future attitude of investors towards EverQuote using crowd psychology based on the activity and movement of EverQuote's stock price.

EverQuote Implied Volatility

    
  57.7  
EverQuote's implied volatility exposes the market's sentiment of EverQuote Class A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if EverQuote's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that EverQuote stock will not fluctuate a lot when EverQuote's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in EverQuote. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in EverQuote to buy its stock at a price that has no basis in reality. In that case, they are not buying EverQuote because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

EverQuote after-hype prediction price

    
  USD 19.7  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out EverQuote Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EverQuote's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
9.1512.8820.63
Details
Naive
Forecast
LowNextHigh
15.2518.9822.71
Details
7 Analysts
Consensus
LowTargetHigh
7.968.759.71
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.1-0.07-0.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EverQuote. Your research has to be compared to or analyzed against EverQuote's peers to derive any actionable benefits. When done correctly, EverQuote's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in EverQuote Class A.

EverQuote After-Hype Price Prediction Density Analysis

As far as predicting the price of EverQuote at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in EverQuote or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of EverQuote, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

EverQuote Estimiated After-Hype Price Volatility

In the context of predicting EverQuote's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on EverQuote's historical news coverage. EverQuote's after-hype downside and upside margins for the prediction period are 15.97 and 23.43, respectively. We have considered EverQuote's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
18.75
19.70
After-hype Price
23.43
Upside
EverQuote is somewhat reliable at this time. Analysis and calculation of next after-hype price of EverQuote Class A is based on 3 months time horizon.

EverQuote Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as EverQuote is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading EverQuote backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with EverQuote, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.77 
3.73
  0.95 
  0.18 
10 Events / Month
3 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
18.75
19.70
5.07 
300.81  
Notes

EverQuote Hype Timeline

EverQuote Class A is currently traded for 18.75. The entity has historical hype elasticity of 0.95, and average elasticity to hype of competition of 0.18. EverQuote is forecasted to increase in value after the next headline, with the price projected to jump to 19.7 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 5.07%, whereas the daily expected return is currently at 0.77%. The volatility of related hype on EverQuote is about 1554.17%, with the expected price after the next announcement by competition of 18.93. EverQuote Class A currently holds about 41.27 M in cash with (2.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.3. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days.
Check out EverQuote Basic Forecasting Models to cross-verify your projections.

EverQuote Related Hype Analysis

Having access to credible news sources related to EverQuote's direct competition is more important than ever and may enhance your ability to predict EverQuote's future price movements. Getting to know how EverQuote rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how EverQuote may potentially react to the hype associated with one of its peers.

EverQuote Additional Predictive Modules

Most predictive techniques to examine EverQuote price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for EverQuote using various technical indicators. When you analyze EverQuote charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About EverQuote Predictive Indicators

The successful prediction of EverQuote stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as EverQuote Class A, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of EverQuote based on analysis of EverQuote hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to EverQuote's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to EverQuote's related companies.
 2022 2023 2024 (projected)
Fixed Asset Turnover33.0539.2544.25
Current Ratio1.782.311.48

Story Coverage note for EverQuote

The number of cover stories for EverQuote depends on current market conditions and EverQuote's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that EverQuote is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about EverQuote's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

EverQuote Short Properties

EverQuote's future price predictability will typically decrease when EverQuote's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of EverQuote Class A often depends not only on the future outlook of the potential EverQuote's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. EverQuote's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding33.4 M
Cash And Short Term Investments38 M
When determining whether EverQuote Class A is a strong investment it is important to analyze EverQuote's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EverQuote's future performance. For an informed investment choice regarding EverQuote Stock, refer to the following important reports:
Check out EverQuote Basic Forecasting Models to cross-verify your projections.
Note that the EverQuote Class A information on this page should be used as a complementary analysis to other EverQuote's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for EverQuote Stock analysis

When running EverQuote's price analysis, check to measure EverQuote's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EverQuote is operating at the current time. Most of EverQuote's value examination focuses on studying past and present price action to predict the probability of EverQuote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EverQuote's price. Additionally, you may evaluate how the addition of EverQuote to your portfolios can decrease your overall portfolio volatility.
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Is EverQuote's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EverQuote. If investors know EverQuote will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EverQuote listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.54)
Revenue Per Share
8.633
Quarterly Revenue Growth
(0.37)
Return On Assets
(0.13)
Return On Equity
(0.54)
The market value of EverQuote Class A is measured differently than its book value, which is the value of EverQuote that is recorded on the company's balance sheet. Investors also form their own opinion of EverQuote's value that differs from its market value or its book value, called intrinsic value, which is EverQuote's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EverQuote's market value can be influenced by many factors that don't directly affect EverQuote's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EverQuote's value and its price as these two are different measures arrived at by different means. Investors typically determine if EverQuote is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EverQuote's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.