EverCommerce (EVCM) to Release Quarterly Earnings on Thursday

EverCommerce (NASDAQ:EVCM - Get Free Report) will likely be releasing 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 Price Performance

EVCM stock traded up $0.02 on Friday, reaching $9.46. The company had a trading volume of 93,646 shares, compared to its average volume of 135,933. EverCommerce has a 1 year low of $6.22 and a 1 year 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. The company's fifty day moving average is $10.35 and its 200 day moving average is $10.75. The company has a market cap of $1.74 billion, a P/E ratio of -33.78 and a beta of 1.12.

Insider Buying and Selling

In related news, CEO Eric Richard Remer sold 8,688 shares of the stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $9.51, for a total value of $82,622.88. Following the transaction, the chief executive officer now directly owns 7,716,630 shares of the company's stock, valued at approximately $73,385,151.30. This trade represents a 0.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Matthew David Feierstein sold 2,888 shares of the stock in a transaction 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 transaction, the president now directly owns 2,209,807 shares in the company, valued at $22,120,168.07. This trade represents a 0.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 190,823 shares of company stock valued at $2,030,833. 11.60% of the stock is currently owned by company insiders.

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Wall Street Analyst Weigh In

A number of research firms recently issued reports on EVCM. Barclays upped their target price on EverCommerce from $9.00 to $12.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 13th. Royal Bank of Canada upped their target price on EverCommerce from $12.00 to $14.00 and gave the company an "outperform" rating in a research note on Wednesday, November 13th. Piper Sandler upped their target price on EverCommerce from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Wednesday, November 13th. JMP Securities raised their price objective on EverCommerce from $12.00 to $15.00 and gave the stock a "market outperform" rating in a report on Wednesday, November 13th. Finally, Oppenheimer raised their price objective on EverCommerce from $12.00 to $13.00 and gave the stock an "outperform" rating in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.