In This Article:
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
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
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
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 boasts a Growth Style Score of A and VGM Score of B, and holds a Zacks Rank #1 (Strong Buy) rating. Its bottom-line is projected to rise 147.4% year-over-year for 2024, while Wall Street anticipates its top line to improve by 69.1%.
Two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.08 to $0.73 per share for 2024. EVER boasts an average earnings surprise of 149.6%.
EverQuote is also cash rich. The company has generated cash flow growth of 8%, and is expected to report cash flow expansion of 42.5% in 2024.
EVER should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
EverQuote, Inc. (EVER) : Free Stock Analysis Report