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NYSE:WEAV

Weave Communications (WEAV) Stock Price, News & Analysis

$13.00
+0.47 (+3.75%)
(As of 10/4/2024 ET)

About Weave Communications Stock (NYSE:WEAV)

Key Stats

Today's Range
$12.54
$13.02
50-Day Range
$9.92
$12.99
52-Week Range
$6.67
$13.80
Volume
655,642 shs
Average Volume
419,509 shs
Market Capitalization
$933.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.33
Consensus Rating
Buy

Company Overview

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. The company's products include Unified Phone Number; Customized Phone System, a smarter phone system to identify whether incoming calls are from new or current patients, provide information at every call, and manages heavy call times; Softphones to make and receive calls from anywhere with an internet connection; Text Messaging to communicate with patients; Missed Call Text to take action in real time upon notification of a missed call; Missed Text Auto-Reply; Team Chat, a group messaging solution that helps practitioners and their staff communicate with each other from their work stations; and Weave Mobile App; It also offers Weave Reviews and Respond Assistant to request, collect, monitor, and respond to reviews; Weave Email Marketing and Email Assistant; Text Connect to interact with their existing and potential patients online directly through their websites; Weave Payments, a payment processing solution; Practice Analytics provides real-time data on patient retention, appointment scheduling, treatment acceptance rates, and revenue generation; and Call Intelligence. In addition, the company provides Digital Forms to collect patient information; Insurance Verification that provides patient insurance plan details; and Scheduling to send automatic scheduling reminders through text message. It serves customers in dental, optometry, veterinary, medical, plastic surgery, physical therapy, medical spa, and other medical specialty industries. The company was formerly known as Recall Solutions, LLC and changed its name to Weave Communications, Inc. in October 2015. Weave Communications, Inc. was founded in 2008 and is headquartered in Lehi, Utah.

Weave Communications Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
80th Percentile Overall Score

WEAV MarketRank™: 

Weave Communications scored higher than 80% of companies evaluated by MarketBeat, and ranked 206th out of 664 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Weave Communications has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Weave Communications has only been the subject of 1 research reports in the past 90 days.

  • Read more about Weave Communications' stock forecast and price target.
  • Earnings Growth

    Earnings for Weave Communications are expected to grow in the coming year, from ($0.44) to ($0.37) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Weave Communications is -30.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Weave Communications is -30.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Weave Communications has a P/B Ratio of 11.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Weave Communications' valuation and earnings.
  • Percentage of Shares Shorted

    0.89% of the float of Weave Communications has been sold short.
  • Short Interest Ratio / Days to Cover

    Weave Communications has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Weave Communications has recently decreased by 7.67%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Weave Communications does not currently pay a dividend.

  • Dividend Growth

    Weave Communications does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.89% of the float of Weave Communications has been sold short.
  • Short Interest Ratio / Days to Cover

    Weave Communications has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Weave Communications has recently decreased by 7.67%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Weave Communications has a news sentiment score of 0.33. 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 lower news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Weave Communications this week, compared to 5 articles on an average week.
  • Search Interest

    Only 4 people have searched for WEAV on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Weave Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Weave Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $711,755.00 in company stock.

  • Percentage Held by Insiders

    36.30% of the stock of Weave Communications is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    86.83% of the stock of Weave Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Weave Communications' insider trading history.
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WEAV Stock News Headlines

AI Expert Reveals New Pick
Everyone’s talking about AI right now, but I’ve been talking about it for years. And now I’ve just released my latest prediction and believe it or not, I’m advising NOT pour all your money into Nvidia right now
Weave Communications CFO sells over $59k in company stock
See More Headlines

WEAV Stock Analysis - Frequently Asked Questions

Weave Communications' stock was trading at $11.47 on January 1st, 2024. Since then, WEAV shares have increased by 13.3% and is now trading at $13.00.
View the best growth stocks for 2024 here
.

Weave Communications, Inc. (NYSE:WEAV) announced its quarterly earnings results on Wednesday, May, 1st. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by $0.08. The company had revenue of $47.17 million for the quarter, compared to the consensus estimate of $45.89 million. Weave Communications had a negative trailing twelve-month return on equity of 28.57% and a negative net margin of 16.01%.

Weave Communications (WEAV) raised $132 million in an IPO on Thursday, November 11th 2021. The company issued 5,000,000 shares at $25.00-$28.00 per share.

Top institutional investors of Weave Communications include SG Americas Securities LLC (0.02%). Insiders that own company stock include Bessemer Venture Partners Ix L, Tiger Global Management Llc, Erin Goodsell, Matthew C Hyde, Alan Taylor, Marcus Bertilson and Blake G Modersitzki.
View institutional ownership trends
.

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

Company Calendar

Last Earnings
5/01/2024
Today
10/06/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Fax
N/A
Employees
890
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.33
High Stock Price Target
$18.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+25.6%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Net Income
$-31,030,000.00
Pretax Margin
-15.87%

Debt

Sales & Book Value

Annual Sales
$170.47 million
Book Value
$1.14 per share

Miscellaneous

Free Float
45,305,000
Market Cap
$933.53 million
Optionable
Optionable
Beta
2.10
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This page (NYSE:WEAV) was last updated on 10/6/2024 by MarketBeat.com Staff
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