EverCommerce (EVCM) Projected to Post Earnings on Thursday

EverCommerce (NASDAQ:EVCM) is anticipated to release its earnings data after the market closes on Thursday, March 13th. Analysts expect EverCommerce to post earnings of ($0.02) per share and revenue of $170.48 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

EverCommerce Stock Performance

NASDAQ:EVCM opened at $9.73 on Thursday. The company has a fifty day simple moving average of $10.43 and a two-hundred day simple moving average of $10.77. The company has a market cap of $1.79 billion, a price-to-earnings ratio of -34.75 and a beta of 1.13. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.68. EverCommerce has a 52 week low of $6.22 and a 52 week high of $12.35.

Insider Buying and Selling at EverCommerce

In other EverCommerce news, CEO Eric Richard Remer sold 9,560 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $11.90, for a total value of $113,764.00. Following the completion of the transaction, the chief executive officer now owns 7,935,672 shares in the company, valued at $94,434,496.80. This represents a 0.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, President Matthew David Feierstein sold 7,455 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $12.06, for a total transaction of $89,907.30. Following the completion of the transaction, the president now owns 2,239,169 shares of the company’s stock, valued at $27,004,378.14. This represents a 0.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 199,680 shares of company stock worth $2,157,347 over the last 90 days. Corporate insiders own 11.60% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on EVCM. Barclays boosted their price target on shares of EverCommerce from $9.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 13th. Oppenheimer boosted their price target on shares of EverCommerce from $12.00 to $13.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Royal Bank of Canada boosted their price target on shares of EverCommerce from $12.00 to $14.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Piper Sandler boosted their price target on shares of EverCommerce from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 13th. Finally, JMP Securities boosted their target price on shares of EverCommerce from $12.00 to $15.00 and gave the stock a “market outperform” rating in a research note on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, EverCommerce currently has a consensus rating of “Moderate Buy” and an average target price of $12.56.

About EverCommerce

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.