Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Is This 1 Momentum Stock a Screaming Buy Right Now?
Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
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 #1 (Strong Buy), holds a Momentum Style Score of A, and has a VGM Score of B. The stock is up 3.3% and up 22.7% over the past one-week and four-week period, respectively, and EverQuote has gained 51.6% in the last one-year period as well. Additionally, an average of 691,449.25 shares were traded over the last 20 trading sessions.
A company's earnings performance is important for momentum investors as well. For fiscal 2025, six analysts revised their earnings estimate higher in the last 60 days for EVER, while the Zacks Consensus Estimate has increased $0.38 to $1.18 per share. EVER also boasts an average earnings surprise of 160.7%.
Investors should take the time to consider EVER for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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EverQuote, Inc. (EVER) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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