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Is EverQuote (EVER) Stock Outpacing Its Finance Peers This Year?

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For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. EverQuote (EVER - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of EVER and the rest of the Finance group's stocks.

EverQuote is a member of our Finance group, which includes 839 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. EVER is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for EVER's full-year earnings has moved 39.69% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, EVER has moved about 708.37% on a year-to-date basis. At the same time, Finance stocks have gained an average of 20.16%. As we can see, EverQuote is performing better than its sector in the calendar year.

Looking more specifically, EVER belongs to the Insurance - Multi line industry, which includes 27 individual stocks and currently sits at #159 in the Zacks Industry Rank. On average, this group has gained an average of 20.93% so far this year, meaning that EVER is performing better in terms of year-to-date returns.

Investors in the Finance sector will want to keep a close eye on EVER as it attempts to continue its solid performance.


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