Recent Investment Analysts’ Ratings Updates for EverCommerce (EVCM)

Several brokerages have updated their recommendations and price targets on shares of EverCommerce (NASDAQ: EVCM) in the last few weeks:

• 3/17/2025 – EverCommerce had its price target lowered by analysts at Piper Sandler from $11.00 to $9.00. They now have a “neutral” rating on the stock.
• 3/14/2025 – EverCommerce had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $9.00 to $8.00. They now have a “sell” rating on the stock.
• 3/14/2025 – EverCommerce had its price target lowered by analysts at Royal Bank of Canada from $14.00 to $11.00. They now have an “outperform” rating on the stock.
• 3/14/2025 – EverCommerce had its price target lowered by analysts at Oppenheimer Holdings Inc. from $13.00 to $12.00. They now have an “outperform” rating on the stock.
• 3/14/2025 – EverCommerce had its price target lowered by analysts at Jefferies Financial Group Inc. from $12.00 to $10.00. They now have a “hold” rating on the stock.
• 3/14/2025 – EverCommerce had its price target lowered by analysts at Barclays PLC from $12.00 to $9.00. They now have an “equal weight” rating on the stock.

EverCommerce Stock Performance

Shares of EverCommerce stock traded up $0.17 during trading on Wednesday, hitting $10.41. 107,393 shares of the stock were exchanged, compared to its average volume of 136,942. The stock has a market cap of $1.91 billion, a PE ratio of -37.18 and a beta of 1.12. The stock’s fifty day moving average is $10.14 and its 200 day moving average is $10.69. EverCommerce Inc. has a 12 month low of $8.10 and a 12 month high of $12.35. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.81 and a current ratio of 1.81.

EverCommerce (NASDAQ:EVCM) last posted its earnings results on Thursday, March 13th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.05). EverCommerce had a negative net margin of 7.53% and a negative return on equity of 6.56%. The business had revenue of $175.00 million during the quarter, compared to analyst estimates of $170.48 million. During the same quarter in the prior year, the business earned ($0.12) earnings per share. The firm’s revenue was up 3.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that EverCommerce Inc. will post -0.17 EPS for the current year.

Insider Activity at EverCommerce

In other EverCommerce news, President Matthew David Feierstein sold 2,888 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $10.01, for a total value of $28,908.88. Following the completion of the sale, the president now directly owns 2,209,807 shares in the company, valued at $22,120,168.07. This represents a 0.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Eric Richard Remer sold 13,856 shares of EverCommerce stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $10.81, for a total value of $149,783.36. Following the transaction, the chief executive officer now directly owns 7,783,096 shares in the company, valued at approximately $84,135,267.76. The trade was a 0.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 239,363 shares of company stock worth $2,439,272 over the last ninety days. 11.60% of the stock is currently owned by corporate insiders.

Institutional Trading of EverCommerce

A number of hedge funds and other institutional investors have recently made changes to their positions in EVCM. Barclays PLC increased its holdings in shares of EverCommerce by 305.6% in the third quarter. Barclays PLC now owns 29,677 shares of the company’s stock valued at $307,000 after buying an additional 22,360 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of EverCommerce by 161.4% during the third quarter. JPMorgan Chase & Co. now owns 102,265 shares of the company’s stock worth $1,059,000 after purchasing an additional 63,139 shares during the period. Edgestream Partners L.P. acquired a new stake in EverCommerce during the 3rd quarter worth about $536,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of EverCommerce by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 168,587 shares of the company’s stock worth $1,856,000 after buying an additional 1,092 shares during the period. Finally, Janus Henderson Group PLC increased its position in shares of EverCommerce by 1.2% in the third quarter. Janus Henderson Group PLC now owns 318,136 shares of the company’s stock worth $3,296,000 after acquiring an additional 3,837 shares in the last quarter. 97.91% of the stock is currently owned by institutional investors.

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.