EverCommerce (EVCM) to Release Earnings on Tuesday

EverCommerce (NASDAQ:EVCM) is scheduled to post its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect EverCommerce to post earnings of ($0.01) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

EverCommerce Price Performance

NASDAQ EVCM opened at $11.70 on Friday. The company has a 50-day moving average price of $10.53 and a 200-day moving average price of $10.46. EverCommerce has a 52 week low of $6.22 and a 52 week high of $12.35. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $2.16 billion, a P/E ratio of -50.87 and a beta of 1.07.

Insider Buying and Selling at EverCommerce

In other news, CEO Eric Richard Remer sold 7,099 shares of the company’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $10.69, for a total value of $75,888.31. Following the completion of the transaction, the chief executive officer now owns 8,124,163 shares of the company’s stock, valued at $86,847,302.47. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold a total of 89,310 shares of company stock valued at $965,566 over the last ninety days. 11.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have weighed in on EVCM shares. JPMorgan Chase & Co. increased their price target on shares of EverCommerce from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft raised their target price on EverCommerce from $12.00 to $13.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. Finally, Evercore ISI boosted their price target on EverCommerce from $10.00 to $11.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $11.33.

EverCommerce Company Profile

EverCommerce Inc, together with its subsidiaries, provides integrated software-as-a-service solutions for service-based small and medium sized businesses in the United States and internationally. The company’s solutions include business management software that offers route-based dispatching, medical practice management, and gym member management solutions; billing and payment solutions comprising e-invoicing, mobile payments, and integrated payment processing; customer experience solution, which include reputation management and messaging solutions; and marketing technology solutions that cover websites, hosting, and digital lead generation.