EverCommerce (EVCM) Expected to Announce Earnings on Thursday

EverCommerce (NASDAQ:EVCM - Get Free Report) will likely be releasing its Q1 2025 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 released its earnings results on Thursday, March 13th. The company reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.05). The business had revenue of $175.00 million during the quarter, compared to analyst estimates of $170.48 million. EverCommerce had a negative net margin of 7.53% and a negative return on equity of 6.56%. EverCommerce's revenue was up 3.3% compared to the same quarter last year. During the same period last year, the business posted ($0.12) EPS. On average, analysts expect EverCommerce to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

EverCommerce Stock Performance

Shares of EVCM remained flat at $9.97 during trading hours on Tuesday. 112,263 shares of the stock were exchanged, compared to its average volume of 134,427. The firm has a 50-day moving average of $9.90 and a 200 day moving average of $10.61. The stock has a market capitalization of $1.83 billion, a P/E ratio of -35.61 and a beta of 1.07. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.68. EverCommerce has a 1-year low of $8.10 and a 1-year high of $12.35.

Insider Buying and Selling

In other EverCommerce news, President Matthew David Feierstein sold 8,963 shares of the business's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $10.02, for a total transaction of $89,809.26. Following the sale, the president now directly owns 2,408,089 shares in the company, valued at approximately $24,129,051.78. The trade was a 0.37 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Eric Richard Remer sold 11,200 shares of the stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $10.12, for a total value of $113,344.00. Following the transaction, the chief executive officer now directly owns 7,796,952 shares of the company's stock, valued at approximately $78,905,154.24. The trade was a 0.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 261,812 shares of company stock valued at $2,626,554. Insiders own 11.60% of the company's stock.

Wall Street Analyst Weigh In

EVCM has been the topic of several recent research reports. Oppenheimer decreased their price objective on shares of EverCommerce from $13.00 to $12.00 and set an "outperform" rating on the stock in a research report on Friday, March 14th. The Goldman Sachs Group reduced their price objective on EverCommerce from $9.00 to $8.00 and set a "sell" rating on the stock in a research report on Friday, March 14th. Barclays cut their target price on shares of EverCommerce from $12.00 to $9.00 and set an "equal weight" rating for the company in a research note on Friday, March 14th. Piper Sandler cut their price objective 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. Finally, Royal Bank of Canada decreased their target price on shares of EverCommerce from $14.00 to $11.00 and set an "outperform" rating on the stock in a research report on Friday, March 14th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $11.09.

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.