EverCommerce (EVCM) to Release Quarterly Earnings on Tuesday

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

EverCommerce Price Performance

Shares of EverCommerce stock opened at $11.70 on Friday. The firm has a market cap of $2.16 billion, a PE ratio of -50.87 and a beta of 1.07. The stock has a 50 day moving average of $10.53 and a 200 day moving average of $10.46. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.67. EverCommerce has a 12 month low of $6.22 and a 12 month high of $12.35.

Insider Activity

In related news, CEO Eric Richard Remer sold 10,311 shares of EverCommerce stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $10.69, for a total transaction of $110,224.59. Following the completion of the transaction, the chief executive officer now directly owns 8,138,352 shares of the company’s stock, valued at approximately $86,998,982.88. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have sold 89,310 shares of company stock valued at $965,566. 11.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. increased their target price on EverCommerce from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of EverCommerce from $12.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, August 7th. Finally, Evercore ISI lifted their price objective on shares of EverCommerce from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. 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 company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target 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.