EverCommerce Inc. (NASDAQ:EVCM – Get Score) has been given a median ranking of “Reasonable Purchase” by the twelve rankings corporations which can be presently overlaying the corporate, MarketBeat stories. One analysis analyst has rated the inventory with a maintain suggestion and eight have given a purchase suggestion to the corporate. The typical twelve-month goal worth amongst brokers which have issued rankings on the inventory within the final yr is eighteen.25.
EVCM has been the subject of a lot of current analyst stories. Jefferies Monetary Group lowered their worth goal on shares of EverCommerce from $14.00 to $11.00 in a report on Monday, Might twenty third. Oppenheimer reissued a “purchase” ranking and issued a $18.00 worth goal on shares of EverCommerce in a report on Friday, June seventeenth. Piper Sandler decreased their worth goal on shares of EverCommerce from $18.00 to $16.00 and set an “obese” ranking on the inventory in a report on Tuesday, August ninth. Evercore ISI lifted their worth goal on EverCommerce to $15.00 in a analysis word on Monday, August fifteenth. Lastly, Canaccord Genuity Group decreased their goal worth on EverCommerce from $20.00 to $17.00 and set a “purchase” ranking on the inventory in a analysis word on Tuesday, Might tenth.
EverCommerce Inventory Efficiency
Shares of EVCM opened at 11.69 on Tuesday. EverCommerce has a 52-week low of seven.73 and a 52-week excessive of twenty-two.99. The inventory’s 50-day easy transferring common is 10.88 and its 200 day easy transferring common is 11.29. The corporate has a debt-to-equity ratio of 0.55, a fast ratio of 1.84 and a present ratio of 1.84. The inventory has a market capitalization of $2.27 billion and a price-to-earnings ratio of -32.47.
Insiders Place Their Bets
In different information, President Matthew David Feierstein offered 5,155 shares of the inventory in a transaction that occurred on Tuesday, July fifth. The inventory was offered at a median worth of 8.93, for a complete transaction of 46,034.15. Following the completion of the sale, the president now owns 2,081,228 shares of the corporate’s inventory, valued at 18,585,366.04. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by way of the SEC web site. In associated information, CFO Marc Christopher Thompson offered 5,221 shares of the agency’s inventory in a transaction dated Tuesday, July fifth. The inventory was offered at a median worth of 8.93, for a complete worth of 46,623.53. Following the sale, the chief monetary officer now straight owns 984,478 shares of the corporate’s inventory, valued at 8,791,388.54. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which will be accessed by way of the SEC web site. Additionally, President Matthew David Feierstein offered 5,155 shares of the enterprise’s inventory in a transaction dated Tuesday, July fifth. The shares have been offered at a median worth of 8.93, for a complete worth of 46,034.15. Following the transaction, the president now owns 2,081,228 shares within the firm, valued at roughly 18,585,366.04. The disclosure for this sale will be discovered right here. Insiders have offered 26,006 shares of firm inventory valued at $232,234 within the final ninety days. Firm insiders personal 9.50% of the corporate’s inventory.
Institutional Traders Weigh In On EverCommerce
Giant buyers have just lately modified their holdings of the inventory. Authorized & Common Group Plc grew its stake in shares of EverCommerce by 196.6% within the 2nd quarter. Authorized & Common Group Plc now owns 8,707 shares of the corporate’s inventory price $79,000 after shopping for an extra 5,771 shares over the last quarter. State Road Corp grew its stake in shares of EverCommerce by 39.5% in the course of the 2nd quarter. State Road Corp now owns 480,094 shares of the corporate’s inventory valued at $4,340,000 after buying an extra 135,890 shares in the course of the interval. Cubist Systematic Methods LLC bought a brand new stake in shares of EverCommerce within the second quarter price $194,000. Citadel Advisors LLC bought a brand new place in shares of EverCommerce within the second quarter valued at about $882,000. Lastly, Millennium Administration LLC lifted its holdings in EverCommerce by 11.1% within the 2nd quarter. Millennium Administration LLC now owns 489,332 shares of the corporate’s inventory price $4,424,000 after buying an extra 48,826 shares within the final quarter. Institutional buyers personal 87.59% of the corporate’s inventory.
EverCommerce Firm Profile
EverCommerce Inc, along with its subsidiaries, engages in offering built-in software-as-a-service options for service-based small and medium sized companies in america and internationally. The corporate’s options embrace enterprise administration software program, together with route-based dispatching, medical observe administration, and gymnasium member administration options; billing and cost options that comprise e-invoicing, cellular funds, and built-in cost processing; buyer engagement purposes, which embrace fame administration and messaging options; and advertising and marketing know-how options that cowl web sites, internet hosting, and digital lead era.
This on the spot information alert was generated by narrative science know-how and monetary knowledge from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to [email protected].
Earlier than you think about EverCommerce, you may wish to hear this.
MarketBeat retains monitor of Wall Road’s top-rated and finest performing analysis analysts and the shares they advocate to their shoppers each day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and EverCommerce wasn’t on the record.
Whereas EverCommerce at the moment has a “Reasonable Purchase” ranking amongst analysts, top-rated analysts imagine these 5 shares are higher buys.
View The 5 Shares Right here