Forecasting The Future: 4 Analyst Projections For Weave Communications
Across the recent three months, 4 analysts have shared their insights on Weave Communications (NYSE:WEAV), expressing a variety of opinions spanning from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 2 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $15.75, a high estimate of $18.00, and a low estimate of $15.00. Observing a 36.96% increase, the current average has risen from the previous average price target of $11.50.
Investigating Analyst Ratings: An Elaborate Study
The analysis of recent analyst actions sheds light on the perception of Weave Communications by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Alexander Sklar | Raymond James | Announces | Strong Buy | $15.00 | - |
| Parker Lane | Stifel | Raises | Buy | $18.00 | $15.00 |
| Brent Bracelin | Piper Sandler | Maintains | Overweight | $15.00 | - |
| Brent Bracelin | Piper Sandler | Raises | Overweight | $15.00 | $8.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Weave Communications. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Weave Communications compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Weave Communications's stock. This analysis reveals shifts in analysts' expectations over time.
For valuable insights into Weave Communications's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Weave Communications analyst ratings.
If you are interested in following small-cap stock news and performance you can start by tracking it here.
Delving into Weave Communications's Background
Weave Communications Inc sells subscriptions for its integrated communications platform, which combines software, communication and analysis tools with voice over internet protocol (VoIP) phone services. The Company derives substantially all revenue from subscription services by providing customers access to its platform.
Weave Communications: A Financial Overview
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Weave Communications's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 20.19%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Weave Communications's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -16.41% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Weave Communications's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -9.14%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Weave Communications's ROA stands out, surpassing industry averages. With an impressive ROA of -3.46%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Weave Communications's debt-to-equity ratio is below the industry average at 0.87, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Basics of Analyst Ratings
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.