Weave Communications (WEAV) to Release Earnings on Monday

Weave Communications (NYSE:WEAV - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $54.72 million for the quarter. Weave Communications has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

Weave Communications (NYSE:WEAV - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.12). Weave Communications had a negative return on equity of 28.37% and a negative net margin of 13.87%. The company had revenue of $54.17 million during the quarter, compared to analyst estimates of $53.23 million. On average, analysts expect Weave Communications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Weave Communications Stock Up 0.9 %

WEAV traded up $0.09 during trading hours on Thursday, hitting $10.69. 458,065 shares of the company's stock were exchanged, compared to its average volume of 729,899. Weave Communications has a 12-month low of $8.10 and a 12-month high of $17.63. The firm has a 50 day moving average of $10.83 and a 200 day moving average of $13.63. The firm has a market cap of $800.98 million, a P/E ratio of -27.42 and a beta of 1.97. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.09.

Insider Activity at Weave Communications

In other news, insider Branden Neish sold 25,510 shares of the business's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $11.33, for a total transaction of $289,028.30. Following the transaction, the insider now directly owns 460,908 shares in the company, valued at $5,222,087.64. The trade was a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Alan Taylor sold 31,262 shares of the business's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $11.16, for a total value of $348,883.92. Following the transaction, the chief financial officer now owns 247,484 shares in the company, valued at $2,761,921.44. The trade was a 11.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 552,885 shares of company stock valued at $7,494,445 over the last ninety days. Insiders own 18.40% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Stifel Nicolaus dropped their price objective on shares of Weave Communications from $20.00 to $16.00 and set a "buy" rating on the stock in a research report on Thursday, April 24th. Piper Sandler dropped their price objective on shares of Weave Communications from $17.00 to $14.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 23rd. Finally, Raymond James dropped their price objective on shares of Weave Communications from $20.00 to $17.00 and set a "strong-buy" rating on the stock in a research report on Tuesday. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $15.90.

Weave Communications Company Profile

Weave Communications, Inc provides a customer experience and payments software platform in the United States and Canada. Its platform enables small and medium-sized healthcare businesses to maximize the value of their patient interactions and minimize the time and effort spent on manual or mundane tasks.