Should I buy or sell EngageSmart stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EngageSmart in the last twelve months. There are currently 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ESMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ESMT, but not buy additional shares or sell existing shares. View ESMT analyst ratings or view top-rated stocks .

What is EngageSmart's stock price target for 2024?

10 equities research analysts have issued twelve-month price objectives for EngageSmart's shares. Their ESMT share price targets range from $19.00 to $40.00. On average, they expect the company's share price to reach $24.38 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View analysts price targets for ESMT or view top-rated stocks among Wall Street analysts .

How have ESMT shares performed in 2023?

EngageSmart's stock was trading at $17.60 at the beginning of the year. Since then, ESMT shares have increased by 29.7% and is now trading at $22.82. View the best growth stocks for 2023 here .

Are investors shorting EngageSmart?

EngageSmart saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,480,000 shares, a decrease of 6.9% from the October 31st total of 1,590,000 shares. Based on an average daily volume of 1,180,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 3.5% of the company's stock are short sold. View EngageSmart's Short Interest .

When is EngageSmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024. View our ESMT earnings forecast .

How were EngageSmart's earnings last quarter?

EngageSmart, Inc. (NYSE:ESMT) issued its earnings results on Thursday, November, 2nd. The company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. The company earned $97.73 million during the quarter, compared to analyst estimates of $95.54 million. EngageSmart had a trailing twelve-month return on equity of 3.15% and a net margin of 6.83%.

What ETF holds EngageSmart's stock ?

Fidelity Digital Health ETF holds 6,137 shares of ESMT stock, representing 1.08% of its portfolio.

When did EngageSmart IPO?

(ESMT) raised $349 million in an IPO on Thursday, September 23rd 2021. The company issued 14,550,000 shares at a price of $23.00-$25.00 per share.

Who are EngageSmart's major shareholders?

EngageSmart's stock is owned by a number of retail and institutional investors. Top institutional investors include Jennison Associates LLC (0.92%), Adage Capital Partners GP L.L.C. (0.59%), Summit Creek Advisors LLC (0.34%), Northern Trust Corp (0.27%), Allspring Global Investments Holdings LLC (0.23%) and Charles Schwab Investment Management Inc. (0.21%). Insiders that own company stock include Cassandra Hudson , Diego A Rodriguez , General Atlantic Partners (Ber, Jonathan Cole Seltzer , Kevin William O'brien , Patrick F Donovan and Robert Paul Bennett . View institutional ownership trends .

How do I buy shares of EngageSmart?

Shares of ESMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

EngageSmart Stock Price, News & Analysis (NYSE:ESMT)

$22.82

-0.04 (-0.17%)

(As of 11/28/2023 ET)

Compare

Today's Range: $22.82
▼
$22.86
50-Day Range: $17.25
▼
$22.90
52-Week Range: $15.01
▼
$23.10

Volume: 732,364 shs
Average Volume: 705,738 shs
Market Capitalization: $3.84 billion

P/E Ratio: 152.13
Dividend Yield: N/A
Price Target: $24.38

EngageSmart MarketRank™ Stock Analysis

Analyst Rating: Hold
2.10 Rating Score
Upside/Downside: 6.8% Upside
$24.38 Price Target
Short Interest: Healthy
3.49% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.52
Based on 3 Articles This Week
Insider Trading: Selling Shares
$176,430 Sold Last Quarter
Proj. Earnings Growth: 27.27%
From $0.22 to $0.28 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Computer And Technology Sector

154th out of 597 stocks

Prepackaged Software Industry

34th out of 196 stocks

2.1

Analyst's Opinion

Consensus Rating
EngageSmart has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 1 buy rating, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.38, EngageSmart has a forecasted upside of 6.8% from its current price of $22.82.
Amount of Analyst Coverage
EngageSmart has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
3.49% of the float of EngageSmart has been sold short.
Short Interest Ratio / Days to Cover
EngageSmart has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in EngageSmart has recently decreased by 6.92%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
EngageSmart does not currently pay a dividend.
Dividend Growth
EngageSmart does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ESMT.

3.1

News and Social Media Coverage

News Sentiment
EngageSmart has a news sentiment score of 1.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for EngageSmart this week, compared to 3 articles on an average week.
MarketBeat Follows
5 people have added EngageSmart to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, EngageSmart insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $176,430.00 in company stock.
Percentage Held by Insiders
Only 2.65% of the stock of EngageSmart is held by insiders.
Percentage Held by Institutions
92.34% of the stock of EngageSmart is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for EngageSmart are expected to grow by 27.27% in the coming year, from $0.22 to $0.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of EngageSmart is 152.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 117.96.
Price to Earnings Ratio vs. Sector
The P/E ratio of EngageSmart is 152.13, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 249.84.
Price to Earnings Growth Ratio
EngageSmart has a PEG Ratio of 3.84. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
EngageSmart has a P/B Ratio of 4.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About EngageSmart Stock (NYSE:ESMT)

EngageSmart, Inc. provides vertically-tailored customer engagement and integrated payments solutions. The company operates through Enterprise Solutions and SMB Solutions segments. The Enterprise Solutions segment offers SaaS solutions to customer-client engagement through electronic billing and digital payments. The SMB Solutions segment provides end-to-end practice management solutions to health and wellness industry. It also offers SimplePractice, an end-to-end practice management and electronic health record platform that manages the practices, which enables virtual and in-person settings, schedule appointments, document cases, and billing and payment processing, as well as insurance claim processing; and InvoiceCloud, an electronic bill presentment and payment solution for government, utility, financial services customer digitize billing, client communications, and collections. In addition, the company provides HelathPay24, a patient engagement and payment platform for health systems, physician groups, dental practices, and medical billers, including patient self-pay collections; and DonorDrive, a fundraising platform for non-profits, healthcare organizations, and higher educational institutions, which produce virtual events, launch branded donation camping, and peer-to-peer fundraising. EngageSmart, Inc. was incorporated in 2018 and is headquartered in Braintree, Massachusetts.

ESMT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ESMT Stock News Headlines

November 28, 2023 | finance.yahoo.com

InvoiceCloud Releases Annual State of Online Payments Report

November 23, 2023 | finance.yahoo.com

EngageSmart Announces Expiration of "Go-Shop" Period

November 28, 2023 | RYSE INC. (Ad)

Secure your stake in the Smart Home industry.

Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.

November 21, 2023 | finance.yahoo.com

DonorDrive Releases Product Enhancements Designed to Help Enterprise Nonprofits Increase Revenue

November 19, 2023 | americanbankingnews.com

EngageSmart (NYSE:ESMT) Sees Unusually-High Trading Volume

November 19, 2023 | americanbankingnews.com

EngageSmart, Inc. (NYSE:ESMT) Given Average Recommendation of "Hold" by Analysts

November 15, 2023 | finance.yahoo.com

SimplePractice Launches a Measurement-Based Care Solution to Enhance Patient Progress Tracking

November 13, 2023 | finance.yahoo.com

EngageSmart Honored With Multiple Wins at 20th Annual Stevie® Awards for Women in Business

November 28, 2023 | RYSE INC. (Ad)

Secure your stake in the Smart Home industry.

Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.

November 8, 2023 | finance.yahoo.com

EngageSmart Named Among Fastest-Growing Companies in North America According to 2023 Deloitte Technology Fast 500™

November 7, 2023 | msn.com

William Blair Downgrades Engagesmart (ESMT)

November 2, 2023 | finance.yahoo.com

EngageSmart Inc (ESMT) Announces Q3 2023 Earnings: Revenue Up by 24% Year Over Year

November 2, 2023 | finance.yahoo.com

EngageSmart (ESMT) Reports Q3 Earnings: What Key Metrics Have to Say

November 2, 2023 | finance.yahoo.com

EngageSmart Announces Third Quarter 2023 Results

October 30, 2023 | benzinga.com

ENGAGESMART SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of EngageSmart, Inc. (NYSE: ESMT) and Encourages Investors to Contact the Firm

October 27, 2023 | msn.com

Truist Securities Downgrades Engagesmart (ESMT)

October 26, 2023 | seekingalpha.com

The EngageSmart Buyout Doesn't Feel Right

October 26, 2023 | finance.yahoo.com

InvoiceCloud Announces New Integrated Solution with Oracle Energy and Water

October 25, 2023 | benzinga.com

ESMT Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of EngageSmart, Inc.

October 25, 2023 | benzinga.com

ESMT ALERT: Levi & Korsinsky, LLP Announces Investigation of EngageSmart Inc.

October 25, 2023 | msn.com

Needham Downgrades Engagesmart (ESMT)

October 25, 2023 | businesswire.com

ENGAGESMART INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of EngageSmart, Inc ...

October 24, 2023 | msn.com

Keybanc Downgrades Engagesmart (ESMT)

October 24, 2023 | markets.businessinsider.com

EngageSmart To Be Taken Private By Vista Equity Partners In $4 Bln All-cash Deal

October 24, 2023 | tmcnet.com

SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of EngageSmart to Vista Equity. Is $23.00 a Fair Price?

October 24, 2023 | msn.com

Engagesmart Stock Is Soaring Today - Here's Why

October 24, 2023 | msn.com

EngageSmart (NYSE:ESMT) to Go Private in a $4 Billion Deal with Vista Equity

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 11/28/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:ESMT
CUSIP: N/A
CIK: 1863105
Web: www.engagesmart.com
Phone: 781-848-3733
Fax: N/A
Employees: 971
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $24.38
High Stock Price Target: $40.00
Low Stock Price Target: $19.00
Potential Upside/Downside: +6.7%
Consensus Rating: Hold
Rating Score (0-4): 2.10
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.15
Trailing P/E Ratio: 152.27
Forward P/E Ratio: 103.82
P/E Growth: 3.84
Net Income: $20.59 million
Net Margins: 6.83%
Pretax Margin: 12.27%
Return on Equity: 3.15%
Return on Assets: 2.86%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.71
Quick Ratio: 6.71

Sales & Book Value

Annual Sales: $303.92 million
Price / Sales: 12.63
Cash Flow: $0.31 per share
Price / Cash Flow: 73.06
Book Value: $4.86 per share
Price / Book: 4.70

Miscellaneous

Outstanding Shares: 168,100,000
Free Float: 163,642,000
Market Cap: $3.84 billion
Optionable: Not Optionable
Beta: 0.33

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Key Executives

Mr. Robert Paul Bennett (Age 66)
Founder, CEO & Director
Comp: $958.5k
Mr. Scott N. Semel (Age 67)
Chief Legal Officer & Secretary
Comp: $488.94k
Mr. Kevin O'Brien (Age 46)
President of Enterprise Solutions
Comp: $656.42k
Mr. Howard Spector
Founder & Executive Officer
Ms. Cassandra Hudson (Age 41)
Chief Financial Officer
Comp: $521.8k
Mr. Patrick F. Donovan (Age 35)
Chief Accounting Officer
Mr. Frank W. Laura
Chief Technology Officer
Josh Schmidt
Senior Vice President of Finance & Investor Relations
Ms. Alison Durant
Chief Marketing Officer
Mr. Alan J. Canzano J.D.
Executive Vice President of Corporate Development & Strategy

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ESMT Stock Analysis - Frequently Asked Questions

Should I buy or sell EngageSmart stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EngageSmart in the last twelve months. There are currently 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ESMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ESMT, but not buy additional shares or sell existing shares.
View ESMT analyst ratings or view top-rated stocks.
What is EngageSmart's stock price target for 2024?: 10 equities research analysts have issued twelve-month price objectives for EngageSmart's shares. Their ESMT share price targets range from $19.00 to $40.00. On average, they expect the company's share price to reach $24.38 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price.
View analysts price targets for ESMT or view top-rated stocks among Wall Street analysts.
How have ESMT shares performed in 2023?: EngageSmart's stock was trading at $17.60 at the beginning of the year. Since then, ESMT shares have increased by 29.7% and is now trading at $22.82.
View the best growth stocks for 2023 here.
Are investors shorting EngageSmart?: EngageSmart saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,480,000 shares, a decrease of 6.9% from the October 31st total of 1,590,000 shares. Based on an average daily volume of 1,180,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 3.5% of the company's stock are short sold.
View EngageSmart's Short Interest.
When is EngageSmart's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our ESMT earnings forecast.
How were EngageSmart's earnings last quarter?: EngageSmart, Inc. (NYSE:ESMT) issued its earnings results on Thursday, November, 2nd. The company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. The company earned $97.73 million during the quarter, compared to analyst estimates of $95.54 million. EngageSmart had a trailing twelve-month return on equity of 3.15% and a net margin of 6.83%.

What ETF holds EngageSmart's stock ?: Fidelity Digital Health ETF holds 6,137 shares of ESMT stock, representing 1.08% of its portfolio.
When did EngageSmart IPO?: (ESMT) raised $349 million in an IPO on Thursday, September 23rd 2021. The company issued 14,550,000 shares at a price of $23.00-$25.00 per share.
Who are EngageSmart's major shareholders?: EngageSmart's stock is owned by a number of retail and institutional investors. Top institutional investors include Jennison Associates LLC (0.92%), Adage Capital Partners GP L.L.C. (0.59%), Summit Creek Advisors LLC (0.34%), Northern Trust Corp (0.27%), Allspring Global Investments Holdings LLC (0.23%) and Charles Schwab Investment Management Inc. (0.21%). Insiders that own company stock include Cassandra Hudson, Diego A Rodriguez, General Atlantic Partners (Ber, Jonathan Cole Seltzer, Kevin William O'brien, Patrick F Donovan and Robert Paul Bennett.
View institutional ownership trends.
How do I buy shares of EngageSmart?: Shares of ESMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:ESMT) was last updated on 11/28/2023 by MarketBeat.com Staff

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EngageSmart Stock Price, News & Analysis (NYSE:ESMT)

EngageSmart MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About EngageSmart Stock (NYSE:ESMT)

ESMT Stock Price History

ESMT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ESMT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™