EngageSmart, Inc. (ESMT)

NYSE: ESMT · IEX Real-Time Price · USD
16.68
-0.22 (-1.30%)
Nov 29, 2022 3:14 PM EDT - Market open
-1.3%
Market Cap 2.80B
Revenue (ttm) 281.64M
Net Income (ttm) 14.76M
Shares Out 164.43M
EPS (ttm) 0.08
PE Ratio 208.50
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 107,713
Open 16.91
Previous Close 16.9
Day's Range 16.6 - 16.97
52-Week Range 15.64 - 25.26
Beta n/a
Analysts Buy
Price Target 28.56 (+71.2%)
Earnings Date Nov 3, 2022

About ESMT

EngageSmart, Inc. provides Software-as-a-Service based customer engagement software and integrated payment solutions. It operates through two segments, Enterprise Solutions and SMB (small and medium sized business) Solutions. The company offers SimplePractice, an end-to-end practice management and electronic health record platform for health and wellness professionals to manage their practices; and InvoiceCloud, an electronic bill presentment and payment solution that helps government, utility, and financial services customers to digitize billi... [Read more]

Industry Software-Infrastructure
IPO Date Sep 23, 2021
Employees 789
Stock Exchange NYSE
Ticker Symbol ESMT
Full Company Profile

Financial Performance

In 2021, EngageSmart's revenue was $216.28 million, an increase of 47.57% compared to the previous year's $146.56 million. Losses were -$8.97 million, 34.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for ESMT stock is "Buy." The 12-month stock price forecast is 28.56, which is an increase of 71.22% from the latest price.

Price Target
$28.56
(71.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Here's Why EngageSmart (ESMT) Could be Great Choice for a Bottom Fisher

EngageSmart (ESMT) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall...

1 week ago - Zacks Investment Research

EngageSmart Named One of the Fastest-Growing Companies in North America on the 2022 Deloitte Technology Fast 500™

BOSTON--( BUSINESS WIRE )--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, has ranked number 435 on the Deloitte...

1 week ago - Business Wire

Can EngageSmart (ESMT) Climb 56% to Reach the Level Wall Street Analysts Expect?

The consensus price target hints at a 55.8% upside potential for EngageSmart (ESMT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimat...

2 weeks ago - Zacks Investment Research

EngageSmart to Present at Citi's 2022 FinTech Conference on November 15, 2022

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today announced that company executives...

2 weeks ago - Business Wire

EngageSmart (ESMT) Q3 Earnings Match Estimates

EngageSmart (ESMT) delivered earnings and revenue surprises of 0% and 5.75%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

EngageSmart Announces Third Quarter 2022 Results

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today reported financial results for th...

3 weeks ago - Business Wire

EngageSmart to Announce Third Quarter 2022 Financial Results on November 3, 2022

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, will report third quarter 2022 financia...

1 month ago - Business Wire

EngageSmart Named Top Workplace for Employee Well-Being

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, has been named a Top Workplace 2022 for...

1 month ago - Business Wire

DonorDrive and Dixper Announce Integration to Drive Higher Livestream Engagement and Fundraising for Nonprofits Throu...

CINCINNATI & MADRID--(BUSINESS WIRE)--DonorDrive, an EngageSmart (NYSE: ESMT) solution and creator of an advanced enterprise digital fundraising platform, and Dixper, a monetization and interaction plat...

1 month ago - Business Wire

HealthPay24 Spotlights Patient Payment Solution at Becker's Health IT and Revenue Cycle Conference

MECHANICSBURG, Pa.--(BUSINESS WIRE)--HealthPay24, an EngageSmart (NYSE: ESMT) solution and complete patient payment platform, will showcase new features and benefits of its cloud-based solution at the B...

1 month ago - Business Wire

FREY Municipal Software and InvoiceCloud Offer Municipalities Expanded Payment Options to Improve Customer Experience

FORT THOMAS, Ky. & BOSTON--(BUSINESS WIRE)--FREY Municipal Software (FMS) and InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, will offer municipalities a payment pla...

2 months ago - Business Wire

InvoiceCloud and Intellagents to Provide Premier Payments Experience to Insurance Ecosystems

HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, announced a new relationship with insurance software supplier Intellagents...

2 months ago - Business Wire

SimplePractice Enterprise Launches API to Expand Access to Covered Behavioral Health Care

LOS ANGELES--(BUSINESS WIRE)--SimplePractice, an EngageSmart (NYSE: ESMT) solution and industry-leading platform simplifying the health and wellness experience for more than 140,000 solo and small-group...

2 months ago - Business Wire

InvoiceCloud Delivers 123% Increase in Online Payments for The City of Wylie, Texas

WYLIE, Texas & BOSTON--(BUSINESS WIRE)--The City of Wylie, Texas has seen a 123% increase in electronic payment adoption within the first 11 months of implementing InvoiceCloud, an EngageSmart (NYSE: ES...

2 months ago - Business Wire

EngageSmart to Present at the 2022 Goldman Sachs Communacopia + Technology Conference on September 14, 2022

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today announced that company executives...

2 months ago - Business Wire

How Much Upside is Left in EngageSmart (ESMT)? Wall Street Analysts Think 48%

The consensus price target hints at a 48% upside potential for EngageSmart (ESMT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate ...

3 months ago - Zacks Investment Research

EngageSmart to Present at the Deutsche Bank Technology Conference on August 31, 2022

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today announced that company executives...

3 months ago - Business Wire

Bona Vista Water Receives 75% of Bill Payments Electronically with InvoiceCloud's Payment Solution

FARR WEST, Utah & BOSTON--(BUSINESS WIRE)--Bona Vista Water Improvement District has received 75% of bill payments electronically since implementing InvoiceCloud, an EngageSmart (NYSE: ESMT) solution fo...

3 months ago - Business Wire

InvoiceCloud Customer Ellington Mutual Achieves 7x Increase in AutoPay Adoption

HORTONVILLE, Wis. & BOSTON--(BUSINESS WIRE)--Ellington Mutual Insurance Company has leveraged InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, to streamline payment p...

3 months ago - Business Wire

EngageSmart (ESMT) Upgraded to Buy: Here's Why

EngageSmart (ESMT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

3 months ago - Zacks Investment Research

EngageSmart Solution SimplePractice Honored as Gold Stevie® Award Winner in 2022 Stevie Awards for Great Employers

SANTA MONICA, Calif.--(BUSINESS WIRE)--SimplePractice, an EngageSmart (NYSE: ESMT) solution and industry-leading platform simplifying the health and wellness experience, has been named the winner of a G...

3 months ago - Business Wire

Wall Street Analysts Think EngageSmart (ESMT) Could Surge 44%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 43.7% in EngageSmart (ESMT). While the effectiveness of this highly sought-after metric is questionable, the posi...

3 months ago - Zacks Investment Research

EngageSmart Announces Second Quarter 2022 Results

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today reported financial results for th...

3 months ago - Business Wire

EngageSmart to Present at the KeyBanc Technology Leadership Forum on August 9, 2022

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today announced that company executives...

3 months ago - Business Wire