EverCommerce (EVCM) Stock Price, News & Analysis

Company Overview

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. It also provides EverPro suite of solutions in home services; EverHealth suite of solutions within health services; and EverWell suite of solutions in fitness and wellness services. In addition, the company offers professional services, such as implementation, configuration, installation, or training services. It serves home service professionals, including home improvement contractors and home maintenance technicians; physician practices and therapists in the health services industry; and personal trainers and salon owners in the fitness and wellness sectors. The company was formerly known as PaySimple Holdings, Inc. and changed its name to EverCommerce Inc. in December 2020. EverCommerce Inc. was incorporated in 2016 and is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $11.25 to $11.34
• 50-Day Range: $9.97 to $12.15
• 52-Week Range: $6.22 to $12.35
• Volume: 1,485 shs
• Average Volume: 140,227 shs
• Market Capitalization: $2.06 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $12.56
• Consensus Rating: Moderate Buy

EverCommerce Stock Analysis - MarketRank™

EverCommerce scored higher than 46% of companies evaluated by MarketBeat, and ranked 453rd out of 651 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

EverCommerce has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

EverCommerce has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for EverCommerce are expected to grow in the coming year, from ($0.09) to $0.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of EverCommerce is -40.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of EverCommerce is -40.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

EverCommerce has a P/B Ratio of 2.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.12% of the float of EverCommerce has been sold short.

Short Interest Ratio / Days to Cover

EverCommerce has a short interest ratio ("days to cover") of 10.6, which indicates bearish sentiment.

Change versus previous month

Short interest in EverCommerce has recently increased by 26.69%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

EverCommerce does not currently pay a dividend.

Dividend Growth

EverCommerce does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.12% of the float of EverCommerce has been sold short.

Short Interest Ratio / Days to Cover

EverCommerce has a short interest ratio ("days to cover") of 10.6, which indicates bearish sentiment.

Change versus previous month

Short interest in EverCommerce has recently increased by 26.69%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.48

News Sentiment

EverCommerce has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for EverCommerce this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for EVCM on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added EverCommerce to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, EverCommerce insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,217,786.00 in company stock.

Percentage Held by Insiders

11.60% of the stock of EverCommerce is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

97.91% of the stock of EverCommerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EVCM Stock Analysis - Frequently Asked Questions

How have EVCM shares performed this year?

EverCommerce's stock was trading at $11.03 on January 1st, 2024. Since then, EVCM shares have increased by 2.1% and is now trading at $11.26.
View the best growth stocks for 2024 here.

How were EverCommerce's earnings last quarter?

EverCommerce Inc. (NASDAQ:EVCM) released its quarterly earnings results on Tuesday, November, 12th. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by $0.04. The firm's revenue was up .9% on a year-over-year basis.

When did EverCommerce IPO?

EverCommerce (EVCM) raised $325 million in an initial public offering (IPO) on Thursday, July 1st 2021. The company issued 19,117,648 shares at $16.00-$18.00 per share.

Who are EverCommerce's major shareholders?

Top institutional shareholders of EverCommerce include Geode Capital Management LLC (0.34%), State Street Corp (0.28%), Janus Henderson Group PLC (0.17%) and Charles Schwab Investment Management Inc. (0.09%). Insiders that own company stock include Eric Richard Remer, Matthew David Feierstein, Marc Christopher Thompson, Evan Berlin, Shane Driggers, Sarah Michelle Jordan, Lisa E Storey, Samuel Christopher Alaimo, Ryan H Siurek, Lee Dabberdt and Debby Soo.
View institutional ownership trends.

How do I buy shares of EverCommerce?

Shares of EVCM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of EverCommerce own?

Based on aggregate information from My MarketBeat watchlists, some other companies that EverCommerce investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/13/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:EVCM
• CUSIP: N/A
• CIK: 1853145
• Web: www.evercommerce.com
• Phone: 720-647-4948
• Fax: N/A
• Employees: 2,100
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $12.56
• High Stock Price Target: $15.00
• Low Stock Price Target: $11.00
• Potential Upside/Downside: +11.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.56
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.28)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-45,620,000.00
• Net Margins: -7.53%
• Pretax Margin: -6.01%
• Return on Equity: -6.56%
• Return on Assets: -3.53%

Debt

• Debt-to-Equity Ratio: 0.68
• Current Ratio: 1.81
• Quick Ratio: 1.81

Sales & Book Value

• Annual Sales: $693.21 million
• Price / Sales: 2.98
• Cash Flow: $0.32 per share
• Price / Cash Flow: 34.84
• Book Value: $4.38 per share
• Price / Book: 2.57

Miscellaneous

• Outstanding Shares: 183,484,000
• Free Float: 162,200,000
• Market Cap: $2.07 billion
• Optionable: Optionable
• Beta: 1.07