Evolving Systems Company Profile (NASDAQ:EVOL)

About Evolving Systems

Evolving Systems logoEvolving Systems, Inc. is a provider of software solutions for service enablement, on-device activation and management of services for connected devices for network operators. The Company operates in two segments: license fees and services revenue, and customer support revenue. Its service activation solution, Tertio is used to activate voice, video and data services for wireless, wireline and cable network operators. Its Subscriber Identity Module (SIM) card activation solution, Dynamic SIM Allocation is used to allocate and assign resources to Mobile Network Operators devices that rely on SIM cards. Its Mobile Data Enablement solution provides a data consumption and policy management solution for wireless carriers and Mobile Virtual Network Operators that monitor the usage and consumption of data services. Its Total Number Management product is an automated database solution that enables operators to manage their telephone numbers, as well as other communication identifiers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Technical & System Software
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: EVOL
  • CUSIP:
Key Metrics:
  • Previous Close: $4.75
  • 50 Day Moving Average: $4.34
  • 200 Day Moving Average: $4.21
  • 52-Week Range: $3.10 - $6.00
  • Trailing P/E Ratio: 17.59
  • Foreward P/E Ratio: 13.97
  • P/E Growth: 0.00
  • Market Cap: $56.56M
  • Outstanding Shares: 11,907,000
  • Beta: -0.09
Profitability:
  • Net Margins: 12.57%
  • Return on Equity: 15.94%
  • Return on Assets: 10.34%
Debt:
  • Debt-to-Equity Ratio: 0.15%
  • Current Ratio: 1.72%
  • Quick Ratio: 1.37%
Additional Links:
Companies Related to Evolving Systems:

Analyst Ratings

Consensus Ratings for Evolving Systems (NASDAQ:EVOL) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $9.50 (100.00% upside)

Analysts' Ratings History for Evolving Systems (NASDAQ:EVOL)
Show:
DateFirmActionRatingPrice TargetDetails
5/4/2016Maxim GroupBoost Price TargetBuy$8.00 -> $10.00View Rating Details
3/16/2016B. RileyReiterated RatingBuy$9.00View Rating Details
9/15/2015DA DavidsonReiterated RatingHoldView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Evolving Systems (NASDAQ:EVOL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/13/2017        
5/3/2016Q116$0.04$0.04$6.98 million$6.48 millionViewN/AView Earnings Details
3/15/2016Q4$0.03$0.14$7.10 million$7.60 millionViewListenView Earnings Details
11/10/2015Q3$0.07$0.05$7.56 million$5.80 millionViewListenView Earnings Details
8/4/2015Q215$0.09$0.07$6.82 million$6.10 millionViewN/AView Earnings Details
5/5/2015Q115$0.10$0.07$6.99 million$6.70 millionViewN/AView Earnings Details
3/17/2015Q414$0.14$0.13$7.80 million$7.60 millionViewN/AView Earnings Details
11/5/2014$0.08$0.14ViewN/AView Earnings Details
8/5/2014Q2 14$0.12$0.15ViewN/AView Earnings Details
5/6/2014$0.10$0.07ViewN/AView Earnings Details
3/11/2014Q213$0.10$0.07$6.63 million$6.60 millionViewN/AView Earnings Details
11/12/2013Q3$0.01$0.08ViewListenView Earnings Details
8/13/2013Q2 2013$0.09$0.09ViewN/AView Earnings Details
5/7/2013Q113$0.11$0.10$6.70 million$6.70 millionViewN/AView Earnings Details
11/13/2012Q312$0.10$0.11$6.43 million$6.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Evolving Systems (NASDAQ:EVOL)
Current Year EPS Consensus Estimate: $0.26 EPS
Next Year EPS Consensus Estimate: $0.34 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.04$0.04$0.04
Q2 20161$0.07$0.07$0.07
Q3 20161$0.08$0.08$0.08
Q4 20161$0.11$0.11$0.11
Q1 20171$0.10$0.10$0.10
Q2 20171$0.11$0.11$0.11
Q3 20171$0.11$0.11$0.11
Q4 20171$0.13$0.13$0.13
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Evolving Systems (NASDAQ:EVOL)
Annual Dividend:$0.22
Dividend Yield:4.63%
Payout Ratio:78.57% (Based on Trailing 12 Months of Earnings)
84.62% (Based on Current Year Consensus EPS Estimate)
64.71% (Based on Next Year Consensus EPS Estimate)

Dividend History for Evolving Systems (NASDAQ:EVOL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/4/2016quarterly$0.117.9%6/1/20166/3/20167/1/2016
3/16/2016quarterly$0.117.52%3/23/20163/28/20164/1/2016
11/11/2015quarterly$0.117.69%11/24/201511/27/201512/4/2015
8/5/2015quarterly$0.116.57%8/19/20158/21/20158/28/2015
5/6/2015quarterly$0.114.92%5/20/20155/22/20155/29/2015
3/17/2015quarterly$0.115.18%3/20/20153/24/20153/31/2015
11/5/2014quarterly$0.114.13%11/14/201411/18/201411/25/2014
8/5/2014quarterly$0.114.38%8/20/20148/22/20148/29/2014
5/6/2014quarterly$0.105.03%5/16/20145/20/20145/30/2014
3/11/2014quarterly$0.104.42%3/20/20143/24/20143/31/2014
11/13/2013quarterly$0.104.1%11/26/201311/29/201312/13/2013
8/13/2013quarterly$0.104.81%8/28/20138/30/20139/13/2013
5/7/2013quarterly$0.085.75%6/6/20136/10/20137/12/2013
3/12/2013quarterly$0.084.66%3/20/20133/22/20134/12/2013
12/9/2012special$0.1512/18/201212/20/201212/26/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Evolving Systems (NASDAQ:EVOL)
Insider Ownership Percentage: 8.10%
Institutional Ownership Percentage: 22.81%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/30/2016Julian D SingerDirectorBuy54,580$3.95$215,591.00View SEC Filing  
8/29/2016Julian D SingerDirectorBuy31,000$4.00$124,000.00View SEC Filing  
8/29/2016Thomas ThekkethalaCEOBuy30,000$4.00$120,000.00View SEC Filing  
8/16/2016Julian D SingerDirectorBuy19,900$4.20$83,580.00View SEC Filing  
8/15/2016Julian D SingerDirectorBuy3,511$4.18$14,675.98View SEC Filing  
8/12/2016Julian D SingerDirectorBuy4,961$4.19$20,786.59View SEC Filing  
8/10/2016Julian D SingerDirectorBuy8,982$4.12$37,005.84View SEC Filing  
12/14/2015Julian D SingerDirectorBuy6,286$5.54$34,824.44View SEC Filing  
12/10/2015Julian D SingerDirectorBuy50,400$5.56$280,224.00View SEC Filing  
12/9/2015Thomas ThekkethalaPresidentBuy5,962$5.67$33,804.54View SEC Filing  
12/8/2015Julian D SingerDirectorBuy10,166$5.65$57,437.90View SEC Filing  
12/7/2015Thomas ThekkethalaPresidentBuy3,150$5.70$17,955.00View SEC Filing  
12/3/2015Thomas ThekkethalaPresidentBuy12,409$5.70$70,731.30View SEC Filing  
12/2/2015Julian D SingerDirectorBuy11,500$5.70$65,550.00View SEC Filing  
12/1/2015Thomas ThekkethalaPresidentBuy5,962$5.67$33,804.54View SEC Filing  
11/30/2015Julian D SingerDirectorBuy2,413$5.60$13,512.80View SEC Filing  
11/30/2015Thomas ThekkethalaPresidentBuy1,662$5.60$9,307.20View SEC Filing  
11/24/2015Julian D. SingerDirectorBuy25,600$5.30$135,680.00View SEC Filing  
11/24/2015Thaddeus DupperCEOSell58,522$5.37$314,263.14View SEC Filing  
11/19/2015Thaddeus DupperCEOSell15,656$5.51$86,264.56View SEC Filing  
5/8/2014Thaddeus DupperCEOBuy3,200$8.10$25,920.00View SEC Filing  
6/25/2013Karen SingerMajor ShareholderBuy31,834$6.55$208,512.70View SEC Filing  
6/24/2013Karen SingerMajor ShareholderBuy2,330$6.50$15,145.00View SEC Filing  
6/19/2013Karen SingerMajor ShareholderBuy49,000$6.58$322,420.00View SEC Filing  
6/18/2013Karen SingerMajor ShareholderBuy2,395$6.54$15,663.30View SEC Filing  
6/17/2013Karen SingerMajor ShareholderBuy13,403$6.54$87,655.62View SEC Filing  
6/7/2013John SpirtosDirectorSell24,500$6.44$157,780.00View SEC Filing  
5/13/2013Karen SingerMajor ShareholderBuy4,599$5.88$27,042.12View SEC Filing  
5/10/2013Thaddeus DupperCEOBuy15,000$5.72$85,800.00View SEC Filing  
5/9/2013Karen SingerMajor ShareholderBuy72,100$5.56$400,876.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Evolving Systems (NASDAQ:EVOL)
DateHeadline
News IconECube Systems Interviews VSIs Brett Cameron on OpenVMS, Open Source and Developer Tools (NASDAQ:EVOL)
www.cbs58.com - February 13 at 8:58 AM
investopedia.com logoSymantec’s CEO on Cybercrime: ‘New Theater of War’ (NASDAQ:EVOL)
www.investopedia.com - February 9 at 5:42 PM
News IconEvolving Systems inks deal with Southeast Asia wireless carrier (NASDAQ:EVOL)
www.financial-news.co.uk - February 7 at 6:16 PM
News IconEvolving Systems inks multi-year deal with SE Asia wireless carrier for managed services (NASDAQ:EVOL)
www.innovationews.com - February 7 at 6:16 PM
reuters.com logoBRIEF-Evolving Systems signs multi-year managed services deal with Southeast Asia wireless carrier (NASDAQ:EVOL)
www.reuters.com - February 6 at 10:09 PM
us.rd.yahoo.com logoEvolving Systems Signs Multi-Year Managed Services Deal with Southeast Asia Wireless Carrier for Customer Acquisition, Activation and Upsell (NASDAQ:EVOL)
us.rd.yahoo.com - February 6 at 10:18 AM
News IconEvolving Systems inks customer acquisition deal with Latin America wireless carrier (NASDAQ:EVOL)
www.financial-news.co.uk - February 2 at 11:13 PM
reuters.com logoBRIEF-Evolving Systems signs multi-year managed services deal for customer acquisition, activation with Latin America wireless carrier (NASDAQ:EVOL)
www.reuters.com - January 30 at 4:30 PM
4-traders.com logoEvolving Systems : Signs Multi-Year Managed Services Deal for Customer Acquisition and Activation with Latin America Wireless Carrier (NASDAQ:EVOL)
www.4-traders.com - January 30 at 4:30 PM
finance.yahoo.com logoEvolving Systems Signs Multi-Year Managed Services Deal for Customer Acquisition and Activation with Latin America Wireless Carrier (NASDAQ:EVOL)
finance.yahoo.com - January 30 at 12:15 PM
News IconCanniMed Therapeutics Inc CEO Brent Zettl on the Cannabis Evolution of Prairie Plant Systems (NASDAQ:EVOL)
www.midasletter.com - January 25 at 3:50 AM
finance.yahoo.com logoCisco Systems' Expansion Into Internet of Things Is a Promising Endeavor (NASDAQ:EVOL)
finance.yahoo.com - January 19 at 6:35 PM
News IconOMNI Systems Receives Smart Business 'Evolution of Manufacturing' Award (NASDAQ:EVOL)
patch.com - January 19 at 6:35 PM
finance.yahoo.com logoOMNI Systems Receives Smart Business “Evolution of Manufacturing” Award (NASDAQ:EVOL)
finance.yahoo.com - January 19 at 3:32 AM
us.rd.yahoo.com logoEvolving Systems Signs Multi-Year Managed Services Deal for Customer Acquisition and Activation with Market-Leading Southeast Asian Wireless Carrier (NASDAQ:EVOL)
us.rd.yahoo.com - January 10 at 6:01 PM
us.rd.yahoo.com logo7:02 am Evolving Systems (thinly-traded) announces that 'one of the market-leading' wireless carriers in Southeast Asia has selected its Acquisition and Activation Managed Service to support its base of 60+ mln subscribers (NASDAQ:EVOL)
us.rd.yahoo.com - January 10 at 6:01 PM
finance.yahoo.com logoEvolving Systems' Customer Acquisition and Activation Managed Service Selected by One of Asia's Largest Wireless Carriers (NASDAQ:EVOL)
finance.yahoo.com - January 5 at 5:56 PM
finance.yahoo.com logo7:06 am Evolving Systems announces its Customer Acquisition and Activation Managed Service selected by 'one of Asia's largest wireless carriers' to support the acquisition, upgrades, upsell and activations of its over 200 mln subscribers (NASDAQ:EVOL)
finance.yahoo.com - January 5 at 5:56 PM
publicnow.com logoEvolving Systems’ Customer Acquisition and Activation Managed Service Selected by One of Asia’s Largest Wireless Carriers (NASDAQ:EVOL)
www.publicnow.com - January 5 at 5:56 PM
News IconSleep science evolving, finding new ways to help patients (NASDAQ:EVOL)
www.chicagotribune.com - January 4 at 12:20 AM
reuters.com logoFitch Affirms Community Health Systems at 'B'; Outlook Negative (NASDAQ:EVOL)
www.reuters.com - December 29 at 5:12 PM
News IconHome Audio Equipment Market size to exceed $23.97bn by 2022 (NASDAQ:EVOL)
reports.pr-inside.com - December 23 at 3:21 AM
tmcnet.com logoMercury Systems Receives $10.8M Order from US Navy for DRFM Jammers (NASDAQ:EVOL)
www.tmcnet.com - December 22 at 5:19 PM
News IconRowdMap Inc. Joins CVS, Walgreens, Harvard Medical School to Speak at ConvUrgentCare Strategy Symposium on the Evolution of Primary Care (NASDAQ:EVOL)
forextv.com - December 14 at 3:44 AM
capitalcube.com logoETFs with exposure to Evolving Systems, Inc. : December 13, 2016 (NASDAQ:EVOL)
www.capitalcube.com - December 13 at 5:41 PM
News IconFacing evolving cyberthreats and crippled by ransomware attacks, can hospitals ever really be prepared? (NASDAQ:EVOL)
www.metrocorpcounsel.com - December 8 at 5:43 PM
sbwire.com logoGlobal Drug Delivery Technologies Market Report; Launched via MarketResearchReports.com (NASDAQ:EVOL)
www.sbwire.com - December 8 at 5:43 PM
News IconMedical Image Processing Market - Technological Advancements, Evolving Industry Trends and Insights 2014 - 2020 (NASDAQ:EVOL)
reports.pr-inside.com - December 8 at 5:43 PM
News IconFUJIFILM to showcase evolving Enterprise Imaging portfolio of Synapse integrated solutions ar RSNA 2016 (NASDAQ:EVOL)
www.pharmabiz.com - November 24 at 6:26 AM
News IconFUJIFILM to display evolving Enterprise Imaging portfolio of Synapse integrated solutions at RSNA 2016 (NASDAQ:EVOL)
www.news-medical.net - November 23 at 8:47 AM
News IconCGI Expands Cybersecurity Capabilities by Opening New Security Operations Center in France (NASDAQ:EVOL)
www.advfn.com - November 22 at 8:10 AM
capitalcube.com logoETFs with exposure to Evolving Systems, Inc. : November 14, 2016 (NASDAQ:EVOL)
www.capitalcube.com - November 14 at 5:08 PM
capitalcube.com logoEvolving Systems, Inc. :EVOL-US: Earnings Analysis: Q3, 2016 By the Numbers : November 10, 2016 (NASDAQ:EVOL)
www.capitalcube.com - November 10 at 12:49 PM
reuters.com logoBRIEF-Evolving systems reports third quarter 2016 financial results (NASDAQ:EVOL)
www.reuters.com - November 9 at 9:04 PM
sg.finance.yahoo.com logoEvolving Systems posts 3Q profit (NASDAQ:EVOL)
sg.finance.yahoo.com - November 8 at 10:22 PM
biz.yahoo.com logoEVOLVING SYSTEMS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi (NASDAQ:EVOL)
biz.yahoo.com - November 8 at 10:22 PM
finance.yahoo.com logoEvolving Systems Reports Third Quarter 2016 Financial Results (NASDAQ:EVOL)
finance.yahoo.com - November 8 at 4:02 PM
biz.yahoo.com logoQ3 2016 Evolving Systems Inc Earnings Release - After Market Close (NASDAQ:EVOL)
biz.yahoo.com - November 8 at 8:04 AM
wsj.com logoChip maker Broadcom to Buy Brocade for $5.5 Billion (NASDAQ:EVOL)
www.wsj.com - November 2 at 5:03 PM
finance.yahoo.com logoEvolving Systems Sets Date for 2016 Third Quarter Financial Results News Release and Conference Call (NASDAQ:EVOL)
finance.yahoo.com - November 1 at 9:21 AM
News IconHome design concepts are constantly evolving (NASDAQ:EVOL)
www.insidetoronto.com - October 9 at 9:29 AM
capitalcube.com logoETF’s with exposure to Evolving Systems, Inc. : October 5, 2016 (NASDAQ:EVOL)
www.capitalcube.com - October 5 at 5:07 PM
News IconNeed for speed: Demand for faster DCI technology grows (NASDAQ:EVOL)
searchnetworking.techtarget.com - October 3 at 4:47 PM
capitalcube.com logoETF’s with exposure to Evolving Systems, Inc. : September 21, 2016 (NASDAQ:EVOL)
www.capitalcube.com - September 21 at 5:27 PM
publicnow.com logoPublic Notice of Dividend Paid on July 1, 2016 in accordance with IRC §6045B (NASDAQ:EVOL)
www.publicnow.com - September 20 at 8:44 AM
reuters.com logoFitch Rates Stichting Elisabeth-TweeSteden Ziekenhuis 'A'; Outlook Stable (NASDAQ:EVOL)
www.reuters.com - September 19 at 3:50 PM
finance.yahoo.com logoFitch Places Community Health Systems' Ratings on Evolving Watch (NASDAQ:EVOL)
finance.yahoo.com - September 19 at 3:50 PM
finance.yahoo.com logoEvolving Systems Solutions Expanded to Support New Services and Subscriber Acquisition at Leading North Africa Mobile Carrier (NASDAQ:EVOL)
finance.yahoo.com - September 19 at 9:35 AM
News IconTelemedicine Market to Reach $ 57.92 Billion by 2020, Thanks to Evolving Reimbursement Policies; Reveals Market Data Forecast Analysis (NASDAQ:EVOL)
www.medindia.net - September 15 at 5:31 AM
finance.yahoo.com logoEvolving Systems Selected to Optimize Customer Acquisition and Activation for Southern African Mobile Carrier (NASDAQ:EVOL)
finance.yahoo.com - September 14 at 9:05 AM

Social

What is Evolving Systems' stock symbol?

Evolving Systems trades on the NASDAQ under the ticker symbol "EVOL."

How often does Evolving Systems pay dividends? What is the dividend yield for Evolving Systems?

Evolving Systems declared a quarterly dividend on Wednesday, May 4th. Shareholders of record on Friday, June 3rd will be given a dividend of $0.11 per share on Friday, July 1st. This represents a $0.44 annualized dividend and a yield of 9.26%. The ex-dividend date is Wednesday, June 1st.

Where is Evolving Systems' stock going? Where will Evolving Systems' stock price be in 2017?

2 analysts have issued 12-month price objectives for Evolving Systems' shares. Their forecasts range from $9.00 to $10.00. On average, they expect Evolving Systems' stock price to reach $9.50 in the next twelve months.

When will Evolving Systems announce their earnings?

Evolving Systems is scheduled to release their next quarterly earnings announcement on Monday, March, 13th 2017.

Who owns Evolving Systems stock?

Evolving Systems' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (4.14%), Perritt Capital Management Inc. (1.29%), Dimensional Fund Advisors LP (0.77%) and GRT Capital Partners L.L.C. (0.26%). Company insiders that own Evolving Systems stock include Julian D Singer, Thaddeus Dupper and Thomas Thekkethala.

Who bought Evolving Systems stock? Who is buying Evolving Systems stock?

Evolving Systems' stock was purchased by a variety of institutional investors in the last quarter, including GRT Capital Partners L.L.C., Renaissance Technologies LLC, Perritt Capital Management Inc. and Dimensional Fund Advisors LP. Company insiders that have bought Evolving Systems stock in the last two years include Julian D Singer and Thomas Thekkethala.

How do I buy Evolving Systems stock?

Shares of Evolving Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Evolving Systems stock cost?

One share of Evolving Systems stock can currently be purchased for approximately $4.75.

Evolving Systems (NASDAQ:EVOL) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Evolving Systems (NASDAQ:EVOL)

Earnings History Chart

Earnings by Quarter for Evolving Systems (NASDAQ:EVOL)

Dividend History Chart

Dividend Payments by Quarter for Evolving Systems (NASDAQ:EVOL)

Last Updated on 2/24/2017 by MarketBeat.com Staff