EverCommerce (NASDAQ:EVCM) Lowered to Market Perform Rating by Citizens Jmp

Citizens Jmp cut shares of EverCommerce (NASDAQ:EVCM) from an outperform rating to a market perform rating in a research report released on Friday morning, Marketbeat reports.

Several other brokerages have also recently issued reports on EVCM. Royal Bank Of Canada cut EverCommerce from an “outperform” rating to a “sector perform” rating and set a $12.00 price objective for the company. in a research note on Monday, January 5th. Raymond James Financial downgraded shares of EverCommerce from a “moderate buy” rating to a “hold” rating in a report on Tuesday, January 6th. Zacks Research lowered shares of EverCommerce from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 12th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of EverCommerce in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $10.71.

EverCommerce Price Performance

NASDAQ EVCM opened at $10.05 on Friday. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 111.68, a PEG ratio of 2.45 and a beta of 1.04. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.02 and a quick ratio of 2.02. The stock’s fifty day moving average price is $11.46 and its 200 day moving average price is $11.10. EverCommerce has a 1 year low of $7.66 and a 1 year high of $14.41.

EverCommerce (NASDAQ:EVCM) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The firm had revenue of $151.15 million for the quarter, compared to analyst estimates of $150.06 million. EverCommerce had a return on equity of 2.47% and a net margin of 2.99%.The business’s revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.07) EPS. As a group, equities research analysts forecast that EverCommerce will post -0.17 earnings per share for the current year.

Insider Transactions at EverCommerce

In related news, CEO Eric Richard Remer sold 6,279 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $12.05, for a total transaction of $75,661.95. Following the sale, the chief executive officer directly owned 2,554,791 shares of the company’s stock, valued at $30,785,231.55. This trade represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Matthew David Feierstein sold 5,000 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $12.17, for a total value of $60,850.00. Following the sale, the president directly owned 1,984,941 shares in the company, valued at approximately $24,156,731.97. This trade represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 329,197 shares of company stock worth $3,836,391 in the last 90 days. Company insiders own 10.40% of the company’s stock.

Institutional Investors Weigh In On EverCommerce

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Federated Hermes Inc. lifted its stake in shares of EverCommerce by 118.3% in the 3rd quarter. Federated Hermes Inc. now owns 3,076 shares of the company’s stock valued at $34,000 after purchasing an additional 1,667 shares during the period. State of Alaska Department of Revenue acquired a new stake in EverCommerce during the third quarter valued at $91,000. R Squared Ltd acquired a new stake in EverCommerce during the third quarter valued at $122,000. Prudential Financial Inc. increased its holdings in EverCommerce by 9.6% in the second quarter. Prudential Financial Inc. now owns 13,546 shares of the company’s stock valued at $142,000 after buying an additional 1,190 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC purchased a new position in EverCommerce in the fourth quarter valued at $177,000. Institutional investors and hedge funds own 97.91% of the company’s stock.

Key Stories Impacting EverCommerce

Here are the key news stories impacting EverCommerce this week:

• Positive Sentiment: AI product traction — Management highlighted new AI offerings (EverHealth Scribe) and partnerships that support the company’s pivot to higher‑margin, product‑led growth. Read More.
• Positive Sentiment: Gross‑profit improvement — Reported gross profit expanded sharply in the quarter, which could indicate improving unit economics if sustainable. Read More.
• Positive Sentiment: Balance‑sheet buffer — Management reported roughly $130M of cash and equivalents, providing runway to invest in AI initiatives without immediate financing pressure. Read More.
• Neutral Sentiment: Earnings materials available — Full Q4 call transcript and slide deck were posted; upcoming management commentary on AI adoption, churn and pipeline will be key to near‑term sentiment. Read More.
• Negative Sentiment: EPS miss — Q4 EPS of $0.03 missed consensus (~$0.04), disappointing investors focused on near‑term profitability despite year‑over‑year improvement from a loss a year ago. Read More.
• Negative Sentiment: Guidance below street expectations — Q1 revenue guidance ($145.5M–$148.5M) and FY‑2026 revenue range ($612M–$632M) are under the consensus figure, raising short‑term growth concerns and repricing risk. Read More.
• Negative Sentiment: Analyst downgrades & lower targets — Multiple firms trimmed price targets and ratings (RBC, Goldman/others noted), which reduces buy‑side support and amplifies downside pressure. Read More.
• Negative Sentiment: Insider selling & institutional outflows — CEO disclosed multiple recent sales and third‑party data show institutional reductions, which can sap sentiment even if some sales are routine. Read More.

EverCommerce Company Profile

EverCommerce, Inc is a provider of cloud-based software-as-a-service (SaaS) solutions designed for local service businesses. The company delivers an integrated platform that helps organizations manage customer interactions, streamline operations and facilitate recurring revenue. By combining multiple functions into a single interface, EverCommerce aims to simplify back-office processes and enhance the overall customer experience.

The company’s offerings encompass tools for appointment scheduling, payment processing, client relationship management, marketing automation, reputation management and reporting analytics.