Weave Communications Inc
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- Market Cap.:
- $699.80 million
- Book Value:
- Revenue TTM:
- $155.15 million
- Operating Margin TTM:
- Gross Profit TTM:
- $88.84 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Weave Communications Inc had its IPO on 2021-11-11 under the ticker symbol WEAV.
The company operates in the Technology sector and Software-Application industry. Weave Communications Inc has a staff strength of 806 employees.
Shares of Weave Communications Inc opened at $8.76 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $8.7 - $9, and closed at $8.84.
This is a -0.45% slip from the previous day's closing price.
A total volume of 268,390 shares were traded at the close of the day’s session.
In the last one week, shares of Weave Communications Inc have slipped by -14.67%.
Weave Communications Inc's Key Ratios
Weave Communications Inc has a market cap of $699.80 million, indicating a price to book ratio of 3.1985 and a price to sales ratio of 2.0117.
In the last 12-months Weave Communications Inc’s revenue was $155.15 million with a gross profit of $88.84 million and an EBITDA of $-27686000. The EBITDA ratio measures Weave Communications Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Weave Communications Inc’s operating margin was -25.75% while its return on assets stood at -11.85% with a return of equity of -45.32%.
In Q2, Weave Communications Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 19.3%.
Weave Communications Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-0.58 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Weave Communications Inc’s profitability.
Weave Communications Inc stock is trading at a EV to sales ratio of 1.7063 and a EV to EBITDA ratio of -6.3169. Its price to sales ratio in the trailing 12-months stood at 2.0117.
Weave Communications Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $202.58 million
- Total Liabilities
- $66.26 million
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Weave Communications Inc ended 2023 with $202.58 million in total assets and $0 in total liabilities. Its intangible assets were valued at $202.58 million while shareholder equity stood at $75.39 million.
Weave Communications Inc ended 2023 with $0 in deferred long-term liabilities, $66.26 million in other current liabilities, in common stock, $-248483000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $52.13 million and cash and short-term investments were $110.91 million. The company’s total short-term debt was $10,669,000 while long-term debt stood at $10.00 million.
Weave Communications Inc’s total current assets stands at $129.47 million while long-term investments were $0 and short-term investments were $58.78 million. Its net receivables were $3.28 million compared to accounts payable of $4.27 million and inventory worth $10.40 million.
In 2023, Weave Communications Inc's operating cash flow was $-2342000.00 while its capital expenditure stood at $675000.
Comparatively, Weave Communications Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Weave Communications Inc stock is currently trading at $8.84 per share. It touched a 52-week high of $12.45 and a 52-week low of $12.45. Analysts tracking the stock have a 12-month average target price of $13.43.
Its 50-day moving average was $10.56 and 200-day moving average was $6.82 The short ratio stood at 1.39 indicating a short percent outstanding of 0%.
Around 493.9% of the company’s stock are held by insiders while 7010.2% are held by institutions.
Frequently Asked Questions About Weave Communications Inc
Similar Industry Stocks (Software-Application)
Weave Communications, Inc. provides a customer communications and engagement software platform in the United States and Canada. Its platform enables small and medium-sized businesses to maximize the value of their customer interactions and minimize the time and effort spent on manual or mundane tasks. The company’s products include Customized Phone System, a smarter phone system to identify whether incoming calls are from new or current customers, provide information at every call, and manages heavy call times; Weave Text Messaging to communicate with customers; Weave Missed Call Text to take action in real time upon notification of a missed call; Weave Team, a group messaging solution that helps businesses and their team members communicate with each other from their work stations; and Weave Mobile App to text customers, request payments, and receive and make calls. It also offers Weave Reviews to request, collect, monitor, and respond to reviews; Weave Email Marketing, an email system; Text Connect to interact with their existing and potential customers online directly through their websites; Weave Payments, a payment processing solution; Customer Insights to collect payments faster, improve personalized engagement with each customer, and recommend follow-up items. In addition, the company provides Digital Forms to fill out critical information; Insurance Verification that provides patient insurance plan details; and Scheduling to send automatic scheduling reminders through text message or email reminders. It serves customers in dental, optometry, veterinary, physical therapy, home services, audiology, medical specialty services, and podiatry 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.