EverCommerce (EVCM) to Release Earnings on Thursday

EverCommerce (NASDAQ:EVCM) is anticipated to post its quarterly earnings results 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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

EverCommerce Trading Up 0.3 %

NASDAQ:EVCM opened at $9.09 on Wednesday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.68. The company has a fifty day moving average of $10.27 and a 200 day moving average of $10.74. The firm has a market capitalization of $1.67 billion, a P/E ratio of -32.46 and a beta of 1.12. EverCommerce has a 52 week low of $6.22 and a 52 week high of $12.35.

Insider Buying and Selling

In related news, President Matthew David Feierstein sold 5,513 shares of EverCommerce stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.07, for a total value of $55,515.91. Following the completion of the sale, the president now directly owns 2,187,695 shares in the company, valued at $22,030,088.65. The trade was a 0.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Eric Richard Remer sold 7,130 shares of EverCommerce stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $11.99, for a total value of $85,488.70. Following the completion of the sale, the chief executive officer now owns 7,913,929 shares of the company’s stock, valued at $94,888,008.71. The trade was a 0.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 173,808 shares of company stock worth $1,827,162 over the last three months. 11.60% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Royal Bank of Canada upped their target price on shares of EverCommerce from $12.00 to $14.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Piper Sandler upped their target price on shares of EverCommerce from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 13th. Barclays upped their target price on shares of EverCommerce from $9.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Oppenheimer upped their target price on shares of EverCommerce from $12.00 to $13.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Finally, JMP Securities increased their price objective on shares of EverCommerce from $12.00 to $15.00 and gave the company a “market outperform” rating in a research report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, EverCommerce currently has an average rating of “Moderate Buy” and an average price target 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.