EverCommerce (EVCM) Set to Announce Quarterly Earnings on Tuesday

EverCommerce (NASDAQ:EVCM - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect EverCommerce to post earnings of ($0.01) per share for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

EverCommerce (NASDAQ:EVCM - Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). EverCommerce had a negative net margin of 6.31% and a negative return on equity of 5.33%. The company had revenue of $177.39 million during the quarter, compared to the consensus estimate of $171.88 million. The company's quarterly revenue was up 4.3% compared to the same quarter last year. On average, analysts expect EverCommerce to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

EverCommerce Trading Up 0.6 %

Shares of NASDAQ EVCM traded up $0.07 during mid-day trading on Tuesday, hitting $10.94. The stock had a trading volume of 124,207 shares, compared to its average volume of 140,378. The business has a 50 day moving average price of $10.45 and a two-hundred day moving average price of $10.40. 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 0.67, a quick ratio of 1.68 and a current ratio of 1.68. The firm has a market cap of $2.02 billion, a P/E ratio of -47.43 and a beta of 1.07.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on EVCM shares. Evercore ISI lifted their price target on shares of EverCommerce from $10.00 to $11.00 and gave the company an "outperform" rating in a report on Wednesday, August 7th. JPMorgan Chase & Co. raised their price objective on shares of EverCommerce from $10.00 to $11.00 and gave the stock an "underweight" rating in a report on Wednesday, August 7th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on EverCommerce from $12.00 to $13.00 and gave the stock a "buy" rating in a research report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $11.45.

Insider Buying and Selling at EverCommerce

In other EverCommerce news, CEO Eric Richard Remer sold 10,311 shares of the business's stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $10.69, for a total value of $110,224.59. Following the completion of the transaction, the chief executive officer now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have sold 60,298 shares of company stock worth $633,516. Insiders own 11.60% of the company's stock.

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.