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: $4.31
  • 50 Day Moving Average: $4.36
  • 200 Day Moving Average: $4.94
  • 52-Week Range: $3.87 - $6.28
  • Trailing P/E Ratio: 18.33
  • Foreward P/E Ratio: 11.24
  • P/E Growth: 1.11
  • Market Cap: $51.94M
  • Outstanding Shares: 11,805,000
  • Beta: 0.05
  • Net Margins: 11.27%
  • Return on Equity: 14.04%
  • Return on Assets: 8.87%
  • Debt-to-Equity Ratio: 0.17%
  • Current Ratio: 1.64%
  • Quick Ratio: 1.31%
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 (122.48% upside)

Analysts' Ratings History for Evolving Systems (NASDAQ:EVOL)
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 10/21/2014 forward)


Earnings History for Evolving Systems (NASDAQ:EVOL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for Evolving Systems (NASDAQ:EVOL)
Current Year EPS Consensus Estimate: $0.26 EPS
Next Year EPS Consensus Estimate: $0.38 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)


Current Dividend Information for Evolving Systems (NASDAQ:EVOL)
Annual Dividend:$0.44
Dividend Yield:10.30%
Payout Ratio:176.00% (Based on Trailing 12 Months of Earnings)
169.23% (Based on Current Year Consensus EPS Estimate)
115.79% (Based on Next Year Consensus EPS Estimate)

Dividend History for Evolving Systems (NASDAQ:EVOL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(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: 25.25%
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)


Latest Headlines for Evolving Systems (NASDAQ:EVOL)
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
publicnow.com logoEvolving Systems Selected to Accelerate Customer Acquisition and Optimize Retail Channels for Major Middle East Mobile Carrier (NASDAQ:EVOL)
www.publicnow.com - September 12 at 9:46 AM
capitalcube.com logoETF’s with exposure to Evolving Systems, Inc. : September 6, 2016 (NASDAQ:EVOL)
www.capitalcube.com - September 6 at 4:49 PM
prnewswire.com logoNext Generation Network OSS/BSS Market and Forecast 2016 - 2021 (NASDAQ:EVOL)
www.prnewswire.com - September 1 at 6:34 AM
finance.yahoo.com logoEvolving Systems Inc (EVOL) CEO and President Thomas Thekkethala Bought $120,000 of Stocks (NASDAQ:EVOL)
finance.yahoo.com - August 31 at 9:42 AM
bizjournals.com logoNetDirector Receives Prominent Recognition in 2016 Including 6th Consecutive Inclusion on Inc. 5000 List (NASDAQ:EVOL)
www.bizjournals.com - August 23 at 10:03 PM
einnews.com logoRecall Masters Integrates with Auto Rental Systems Cloud-Based Loaner Car Management System (NASDAQ:EVOL)
www.einnews.com - August 23 at 10:03 PM
News IconSCIO Health Analytics Offers Complimentary Access to HIMSS Virtual Briefing on Evolving Payer-Provider Collaboration (NASDAQ:EVOL)
www.kswo.com - August 22 at 4:58 PM
reuters.com logoBRIEF-LinkedIn says proposal to adopt plan of merger among Co, Microsoft, Liberty Merger Was approved (NASDAQ:EVOL)
uk.reuters.com - August 22 at 4:58 PM
reuters.com logoBRIEF-Evolving systems appointS Matthew Stecker as chairman of board (NASDAQ:EVOL)
www.reuters.com - August 22 at 4:58 PM
4-traders.com logoEVOLVING SYSTEMS INC : Change in Directors or Principal Officers (form 8-K) (NASDAQ:EVOL)
www.4-traders.com - August 22 at 4:58 PM
biz.yahoo.com logoEVOLVING SYSTEMS INC Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:EVOL)
biz.yahoo.com - August 22 at 4:58 PM
investing.com logoCisco Systems: Slow But Steady (NASDAQ:EVOL)
www.investing.com - August 20 at 4:52 PM
finance.yahoo.com logoResearch and Markets - Global Wearable Robots & Exoskeleton Market Report 2016-2021 Featuring Ekso, Lockheed … (NASDAQ:EVOL)
finance.yahoo.com - August 19 at 4:53 PM
sbwire.com logoMass Notification Systems Market Revenue Is Expected to Reach US$ 3.8 Bn by 2016 (NASDAQ:EVOL)
www.sbwire.com - August 19 at 4:53 PM
News IconKPMG and Vertex Partner for Indirect Tax Compliance (NASDAQ:EVOL)
www.cpapracticeadvisor.com - August 19 at 4:53 PM
4-traders.com logoLandstar System : Earns Top 100 3PL Provider and Top 10 3PL Excellence Awards from Inbound Logistics (NASDAQ:EVOL)
www.4-traders.com - August 18 at 4:57 PM
News IconReports: Possible Massive Layoffs Coming to Cisco System, Inc. (NASDAQ:EVOL)
www.twcnews.com - August 18 at 4:57 PM
finance.yahoo.com logoEdited Transcript of EVOL earnings conference call or presentation 2-Aug-16 8:30pm GMT (NASDAQ:EVOL)
finance.yahoo.com - August 17 at 5:05 PM
News IconGOOG Googles Daydream Could Be Huge Release Date (NASDAQ:EVOL)
investorsbuz.com - August 13 at 4:51 PM
News IconChain Partners With IC3 To Create Better Financial Blockchain Networks (NASDAQ:EVOL)
www.livebitcoinnews.com - August 13 at 6:31 AM
News IconGoogle Daydream Release Date: This Could Be Huge for Google Stock (NASDAQ:EVOL)
www.profitconfidential.com - August 13 at 6:31 AM
finance.yahoo.com logoAgadia Systems, Inc. Announces Agreement with Pharmacy Benefit Manager, Serve You Custom Rx Management, … (NASDAQ:EVOL)
finance.yahoo.com - August 10 at 12:17 PM
News IconContract to Provide Motion Control System for Q-53 Radar Production (NASDAQ:EVOL)
www.asdnews.com - August 10 at 12:17 PM
capitalcube.com logoEvolving Systems, Inc. :EVOL-US: Earnings Analysis: Q2, 2016 By the Numbers : August 9, 2016 (NASDAQ:EVOL)
www.capitalcube.com - August 9 at 3:37 PM
finance.yahoo.com logoEVOLVING SYSTEMS INC Financials (NASDAQ:EVOL)
finance.yahoo.com - August 9 at 3:37 PM
twst.com logoEvolving Systems Inc.: Evolving Systems Reports Second Quarter 2016 Financial Results (NASDAQ:EVOL)
www.twst.com - August 3 at 6:28 AM
sg.finance.yahoo.com logoEvolving Systems posts 2Q profit (NASDAQ:EVOL)
sg.finance.yahoo.com - August 2 at 10:31 PM
marketwired.com logoEvolving Systems Reports Second Quarter 2016 Financial Results (NASDAQ:EVOL)
www.marketwired.com - August 2 at 5:05 PM
biz.yahoo.com logoQ2 2016 Evolving Systems Inc Earnings Release - After Market Close (NASDAQ:EVOL)
biz.yahoo.com - August 2 at 9:45 AM
News IconBentley Systems, Inc. (NASDAQ:EVOL)
www.enr.com - August 1 at 4:51 PM
4-traders.com logoEvolving Systems : Sets Date for 2016 Second Quarter Financial Results News Release and Conference Call (NASDAQ:EVOL)
www.4-traders.com - July 27 at 10:37 PM
finance.yahoo.com logoEvolving Systems Sets Date for 2016 Second Quarter Financial Results News Release and Conference Call (NASDAQ:EVOL)
finance.yahoo.com - July 27 at 4:15 PM
publicnow.com logoEvolving Systems Selected to Provide Managed Services for Online Gaming Network (NASDAQ:EVOL)
www.publicnow.com - July 12 at 8:43 AM
publicnow.com logoMiddle East Operator Selects Evolving Systems Managed Services for Its Marketing Solutions (NASDAQ:EVOL)
www.publicnow.com - July 5 at 7:21 AM
finance.yahoo.com logo5 Tech Stocks with Dividend Yields Over 3% (NASDAQ:EVOL)
finance.yahoo.com - June 21 at 10:45 AM
4-traders.com logoTSX edges higher as commodities rally (NASDAQ:EVOL)
www.4-traders.com - June 17 at 4:42 PM
biz.yahoo.com logoEVOLVING SYSTEMS INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:EVOL)
biz.yahoo.com - June 17 at 4:16 PM
finance.yahoo.com logoEvolving Systems (EVOL) Enters Oversold Territory (NASDAQ:EVOL)
finance.yahoo.com - June 17 at 8:59 AM
marketwired.com logoNorth African Operator Upgrades Evolving Systems' Dynamic SIM Allocation™ Solution (NASDAQ:EVOL)
www.marketwired.com - June 16 at 10:07 PM
publicnow.com logoNorth African Operator Upgrades Evolving Systems’ Dynamic SIM Allocation™ Solution (NASDAQ:EVOL)
www.publicnow.com - June 16 at 8:39 AM


Evolving Systems (NASDAQ:EVOL) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by MarketBeat.com Staff