Citizens Jmp Downgrades EverCommerce (NASDAQ:EVCM) to Market Perform

EverCommerce (NASDAQ:EVCM) was downgraded by Citizens Jmp from an “outperform” rating to a “market perform” rating in a research note issued on Friday, Marketbeat.com reports.

Several other analysts have also recently commented on the company. Royal Bank Of Canada cut EverCommerce from an “outperform” rating to a “sector perform” rating and set a $12.00 price target for the company. in a report on Monday, January 5th. Raymond James Financial lowered shares of EverCommerce from a “moderate buy” rating to a “hold” rating in a report on Tuesday, January 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of EverCommerce in a research report on Thursday, January 22nd. Finally, Zacks Research lowered shares of EverCommerce from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 12th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $10.71.

EverCommerce Price Performance

NASDAQ:EVCM opened at $10.05 on Friday. EverCommerce has a 12-month low of $7.66 and a 12-month high of $14.41. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 111.68, a price-to-earnings-growth ratio of 2.04 and a beta of 1.04. The company’s 50-day moving average is $11.46 and its two-hundred day moving average is $11.10. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.71.

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). EverCommerce had a return on equity of 2.47% and a net margin of 2.99%.The firm had revenue of $151.15 million for the quarter, compared to analysts’ expectations of $150.06 million. During the same quarter last year, the firm earned ($0.07) earnings per share. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. Research analysts expect that EverCommerce will post -0.17 EPS for the current year.

Insider Activity

In other news, CEO Eric Richard Remer sold 6,279 shares of EverCommerce stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $12.05, for a total value of $75,661.95. Following the transaction, the chief executive officer directly owned 2,554,791 shares of the company’s stock, valued at $30,785,231.55. The trade was a 0.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, President Matthew David Feierstein sold 5,000 shares of the business’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 owned 1,984,941 shares of the company’s stock, valued at $24,156,731.97. The trade was a 0.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 329,197 shares of company stock valued at $3,836,391 over the last 90 days. 10.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership lifted its position in EverCommerce by 328.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 714,519 shares of the company’s stock valued at $7,502,000 after buying an additional 547,712 shares in the last quarter. Tudor Investment Corp ET AL raised its stake in shares of EverCommerce by 200.7% in the 3rd quarter. Tudor Investment Corp ET AL now owns 125,553 shares of the company’s stock valued at $1,397,000 after acquiring an additional 83,794 shares during the period. JPMorgan Chase & Co. raised its stake in shares of EverCommerce by 11.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 112,574 shares of the company’s stock valued at $1,107,000 after acquiring an additional 11,996 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of EverCommerce by 94.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 104,563 shares of the company’s stock valued at $1,266,000 after acquiring an additional 50,854 shares in the last quarter. Finally, Los Angeles Capital Management LLC lifted its holdings in shares of EverCommerce by 136.9% during the 2nd quarter. Los Angeles Capital Management LLC now owns 82,142 shares of the company’s stock valued at $862,000 after acquiring an additional 47,470 shares in the last quarter. 97.91% of the stock is owned by institutional investors and hedge funds.

EverCommerce News Roundup

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.

About EverCommerce

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.