EverCommerce (EVCM) Expected to Announce Earnings on Thursday

EverCommerce (NASDAQ:EVCM - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $146.28 million for the quarter. EverCommerce has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

EverCommerce (NASDAQ:EVCM - Get Free Report) last announced its quarterly earnings results on Thursday, March 13th. The company reported ($0.07) earnings per share (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 company had revenue of $175.00 million for the quarter, compared to analysts' expectations of $170.48 million. During the same quarter in the prior year, the firm earned ($0.12) EPS. EverCommerce's quarterly revenue was up 3.3% 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 Stock Up 3.3 %

EverCommerce stock traded up $0.32 during trading hours on Friday, hitting $10.00. 149,485 shares of the stock traded hands, compared to its average volume of 134,762. EverCommerce has a one year low of $8.10 and a one year high of $12.35. The firm's 50-day moving average price is $9.90 and its two-hundred day moving average price is $10.62. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.68. The company has a market cap of $1.83 billion, a PE ratio of -35.71 and a beta of 1.06.

Wall Street Analysts Forecast Growth

EVCM has been the subject of a number of research reports. Barclays decreased their price objective on EverCommerce from $12.00 to $9.00 and set an "equal weight" rating for the company in a report on Friday, March 14th. Piper Sandler lowered their price target on shares of EverCommerce from $11.00 to $9.00 and set a "neutral" rating for the company in a research report on Monday, March 17th. Jefferies Financial Group cut their price objective on shares of EverCommerce from $12.00 to $10.00 and set a "hold" rating on the stock in a report on Friday, March 14th. Oppenheimer lowered their target price on shares of EverCommerce from $13.00 to $12.00 and set an "outperform" rating for the company in a report on Friday, March 14th. Finally, The Goldman Sachs Group cut their price target on EverCommerce from $9.00 to $8.00 and set a "sell" rating on the stock in a research note on Friday, March 14th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $11.09.

Insider Activity at EverCommerce

In related news, President Matthew David Feierstein sold 21,624 shares of the firm's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $10.13, for a total value of $219,051.12. Following the transaction, the president now directly owns 2,370,628 shares of the company's stock, valued at approximately $24,014,461.64. This trade represents a 0.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Eric Richard Remer sold 7,507 shares of EverCommerce stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $10.05, for a total transaction of $75,445.35. Following the transaction, the chief executive officer now directly owns 7,814,873 shares in the company, valued at $78,539,473.65. This represents a 0.10 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 272,207 shares of company stock valued at $2,730,908 over the last ninety days. Insiders own 11.60% of the company's stock.

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.