Professional
Added to YB: 2024-02-16
Pitch date: 2024-02-14
EVER [neutral]
EverQuote, Inc.
+74.25%
current return
Author Info
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Company Info
EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. The company offers automotive, and home and renters insurance, as well as campaign management tools.
Market Cap
$773.8M
Pitch Price
$15.92
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.31
P/E
24.61
EV/Sales
1.35
Sector
Interactive Media and Services
Category
N/A
Pernas Research: Everquote - $EVER
EVER ($15.50, $508M mkt cap): Initially seen as insurance Booking.com, but actually lead-gen platform. Spends big on marketing to monetize customer info, selling to insurers like Progressive & State Farm (30% of revs). Needs to prove evolution to consumer brand saving customers $. Auto insurance reliant biz model, diversification attempts unsuccessful so far.
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