NYSE:ESMT

EngageSmart - ESMT Stock Forecast, Price & News

$17.19

+0.12 (+0.70%)

(As of 11/25/2022 08:57 PM ET)

Add

Compare

Today's Range: $17.06
▼
$17.28
50-Day Range: $16.79
▼
$22.27
52-Week Range: $15.64
▼
$25.26

Volume: 105,100 shs
Average Volume: 510,135 shs
Market Capitalization: $2.84 billion

P/E Ratio: 214.90
Dividend Yield: N/A
Price Target: $28.50

EngageSmart MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 65.8% Upside
$28.50 Price Target
Short Interest: Healthy
9.19% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.61
Based on 4 Articles This Week
Insider Trading: Selling Shares
$731,460 Sold Last Quarter
Proj. Earnings Growth: -8.00%
From $0.25 to $0.23 Per Share

Overall MarketRank^™

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

2.37 out of 5 stars

Computer And Technology Sector

223rd out of 633 stocks

Prepackaged Software Industry

83rd out of 221 stocks

3.5

Analyst's Opinion

Consensus Rating
EngageSmart has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.50, EngageSmart has a forecasted upside of 65.8% from its current price of $17.19.
Amount of Analyst Coverage
EngageSmart has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
9.19% 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 3.2, 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 17.14%, 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 0.61. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for EngageSmart this week, compared to 3 articles on an average week.
Search Interest
6 people have searched for ESMT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
4 people have added EngageSmart to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 $731,460.00 in company stock.
Percentage Held by Insiders
Only 2.70% of the stock of EngageSmart is held by insiders.
Percentage Held by Institutions
89.65% of the stock of EngageSmart is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for EngageSmart are expected to decrease by -8.00% in the coming year, from $0.25 to $0.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of EngageSmart is 214.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 126.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of EngageSmart is 214.90, 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 360.99.
Price to Book Value per Share Ratio
EngageSmart has a P/B Ratio of 3.58. 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 (NYSE:ESMT) Stock

EngageSmart, Inc. provides Software-as-a-Service based customer engagement software and integrated payment solutions. It operates through two segments, Enterprise Solutions and SMB (small and medium sized business) Solutions. The company offers SimplePractice, an end-to-end practice management and electronic health record platform for health and wellness professionals to manage their practices; and InvoiceCloud, an electronic bill presentment and payment solution that helps government, utility, and financial services customers to digitize billing, client communications, and collections. It also provides HealthPay24, a patient engagement and payment platform that helps health systems, physician groups, dental practices, and medical billers to drive patient self-pay collections; and DonorDrive, a fundraising software platform that helps non-profits, healthcare organizations, and higher education institutions produce virtual events, launch branded donation campaigns, and create peer-to-peer fundraising experiences. The company was formerly known as EngageSmart, LLC. and changed its name to EngageSmart, Inc. in June 2021. EngageSmart, Inc. was incorporated in 2018 and is headquartered in Braintree, Massachusetts.

Receive ESMT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EngageSmart and its competitors with MarketBeat's FREE daily newsletter.

ESMT Stock News Headlines

November 25, 2022 | americanbankingnews.com

EngageSmart, Inc. (NYSE:ESMT) Receives $28.50 Average Target Price from Analysts

November 23, 2022 | msn.com

Engagesmart Earnings Perspective: Return On Invested Capital

November 21, 2022 | finance.yahoo.com

Here's Why EngageSmart (ESMT) Could be Great Choice for a Bottom Fisher

November 16, 2022 | finance.yahoo.com

EngageSmart Named One of the Fastest-Growing Companies in North America on the 2022 Deloitte Technology Fast 500™

November 14, 2022 | finance.yahoo.com

Can EngageSmart (ESMT) Climb 56% to Reach the Level Wall Street Analysts Expect?

November 10, 2022 | finance.yahoo.com

Soquel Creek Water District Sees 47% Increase in Electronic Payment Adoption with InvoiceCloud’s Innovative Payment Solution

November 9, 2022 | finance.yahoo.com

EngageSmart to Present at Citi’s 2022 FinTech Conference on November 15, 2022

November 9, 2022 | finance.yahoo.com

EngageSmart Third Quarter 2022 Earnings: Beats Expectations

November 5, 2022 | seekingalpha.com

EngageSmart, Inc. (ESMT) Q3 2022 Earnings Call Transcript

November 4, 2022 | markets.businessinsider.com

Needham Reaffirms Their Buy Rating on EngageSmart (ESMT)

November 3, 2022 | msn.com

Recap: Engagesmart Q3 Earnings

November 3, 2022 | apnews.com

EngageSmart: Q3 Earnings Snapshot

November 3, 2022 | msn.com

EngageSmart (ESMT) Q3 Earnings Match Estimates

November 3, 2022 | finance.yahoo.com

EngageSmart Announces Third Quarter 2022 Results

October 20, 2022 | finance.yahoo.com

EngageSmart to Announce Third Quarter 2022 Financial Results on November 3, 2022

October 20, 2022 | finance.yahoo.com

EngageSmart (NYSE:ESMT) Is Experiencing Growth In Returns On Capital

October 19, 2022 | finance.yahoo.com

EngageSmart Named Top Workplace for Employee Well-Being

October 6, 2022 | finance.yahoo.com

DonorDrive and Dixper Announce Integration to Drive Higher Livestream Engagement and Fundraising for Nonprofits Through Interactive Incentives

October 4, 2022 | finance.yahoo.com

HealthPay24 Spotlights Patient Payment Solution at Becker's Health IT and Revenue Cycle Conference

September 28, 2022 | nasdaq.com

ESMT Crosses Above Key Moving Average Level

September 23, 2022 | nasdaq.com

Investors are selling off EngageSmart (NYSE:ESMT), lack of profits no doubt contribute to shareholders one-year loss

September 23, 2022 | finance.yahoo.com

EngageSmart (NYSE:ESMT) dips 7.9% this week as increasing losses might not be inspiring confidence among its investors

September 13, 2022 | finance.yahoo.com

SimplePractice Enterprise Launches API to Expand Access to Covered Behavioral Health Care

September 12, 2022 | finance.yahoo.com

InvoiceCloud Delivers 123% Increase in Online Payments for The City of Wylie, Texas

September 7, 2022 | finance.yahoo.com

EngageSmart to Present at the 2022 Goldman Sachs Communacopia + Technology Conference on September 14, 2022

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive ESMT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EngageSmart and its competitors with MarketBeat's FREE daily newsletter.

ESMT Company Calendar

Today: 11/27/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/21/2023

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: 789
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $28.50
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $24.00
Forecasted Upside/Downside: +65.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.08
Trailing P/E Ratio: 214.90
Forward P/E Ratio: 68.76
P/E Growth: N/A
Net Income: $-8,970,000.00
Net Margins: 5.24%
Pretax Margin: 4.21%
Return on Equity: 2.71%
Return on Assets: 2.49%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.90
Quick Ratio: 6.90

Sales & Book Value

Annual Sales: $216.28 million
Price / Sales: 13.15
Cash Flow: $0.13 per share
Price / Cash Flow: 128.98
Book Value: $4.80 per share
Price / Book: 3.58

Miscellaneous

Outstanding Shares: 165,482,000
Free Float: 161,014,000
Market Cap: $2.84 billion
Optionable: Not Optionable
Beta: 0.68

Key Executives

Mr. Robert Paul Bennett (Age 65)
Founder, CEO & Director
Comp: $881.3k

Mr. Howard Spector
Founder & Exec. Officer

Ms. Cassandra Hudson (Age 40)
Chief Financial Officer
Comp: $521.8k

Mr. Frank W. Laura
Chief Technology Officer

Mr. Scott N. Semel (Age 66)
Sr. VP & Gen. Counsel

Ms. Alison Durant
Chief Marketing Officer

Mr. Alan J. Canzano J.D.
Exec. VP of Corp. Devel. & Strategy

Ms. Kristen Kenny
Chief People Officer

Mr. Jonathan Cole Seltzer (Age 40)
Pres of SMB Solutions

Mr. Barry Anderson
Chief of Staff

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ESMT Stock - Frequently Asked Questions

Should I buy or sell EngageSmart stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EngageSmart in the last twelve months. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ESMT shares.
View ESMT analyst ratings or view top-rated stocks.
What is EngageSmart's stock price forecast for 2023?: 6 brokerages have issued 12 month target prices for EngageSmart's stock. Their ESMT share price forecasts range from $24.00 to $35.00. On average, they predict the company's share price to reach $28.50 in the next twelve months. This suggests a possible upside of 65.8% 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 2022?: EngageSmart's stock was trading at $24.12 at the start of the year. Since then, ESMT stock has decreased by 28.7% and is now trading at $17.19.
View the best growth stocks for 2022 here.
Are investors shorting EngageSmart?: EngageSmart saw a drop in short interest in October. As of October 31st, there was short interest totaling 1,740,000 shares, a drop of 17.1% from the October 15th total of 2,100,000 shares. Based on an average daily volume of 536,300 shares, the short-interest ratio is currently 3.2 days. Approximately 9.2% 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 Tuesday, February 21st 2023.
View our ESMT earnings forecast.
What guidance has EngageSmart issued on next quarter's earnings?: EngageSmart issued an update on its FY 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $300.50 million-$302.00 million, compared to the consensus revenue estimate of $297.31 million.

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.
What is EngageSmart's stock symbol?: EngageSmart trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESMT."
Who are EngageSmart's major shareholders?: EngageSmart's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.65%), Vanguard Group Inc. (1.49%), Macquarie Group Ltd. (0.76%), State Street Corp (0.44%), Nuveen Asset Management LLC (0.41%) and Cat Rock Capital Management LP (0.32%). Insiders that own company stock include Jonathan Cole Seltzer 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.
What is EngageSmart's stock price today?: One share of ESMT stock can currently be purchased for approximately $17.19.
How much money does EngageSmart make?: EngageSmart (NYSE:ESMT) has a market capitalization of $2.84 billion and generates $216.28 million in revenue each year. The company earns $-8,970,000.00 in net income (profit) each year or $0.08 on an earnings per share basis.
How many employees does EngageSmart have?: The company employs 789 workers across the globe.
How can I contact EngageSmart?: EngageSmart's mailing address is 30 BRAINTREE HILL OFFICE PARK SUITE 101, BRAINTREE MA, 02184. The official website for the company is www.engagesmart.com. The company can be reached via phone at 781-848-3733 or via email at esmt@investorrelations.com.

This page (NYSE:ESMT) was last updated on 11/28/2022 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial