Evolving Systems Inc. [EVOL] Is Still Undervalued at $2.09

Evolving Systems Inc. [EVOL] shares are up more than 122.34% this year and recently increased 0.11% or $0.23 to settle at $2.09. Analysts expect EVOL to grow earnings at a 15.00% annual rate over the next 5 years. EVOL has a short ratio of 0.24. This implies that the market is currently less bullish on the outlook for EVOL.

On 7, December 2020, Evolving Systems Anticipates Opportunities for Telecoms Industry in 2021. According to news published on Yahoo Finance, Expect the use of customer data to mature, 5g to move from the drawing board, and the coronavirus pandemic to continue to accelerate digital adoption.

Analyst Birdseye View:

The most recent analyst activity for Evolving Systems Inc. [NASDAQ:EVOL] stock was on August 05, 2015, when it was Reiterated with a Buy rating from Maxim Group, which also lowered its 12-month price target on the stock from $12 to $10. Before that, on May 04, 2016, Maxim Group Recapitulated a Buy rating and elevated its amount target to $8. On August 05, 2015, DA Davidson Downgrade a Neutral rating. On July 23, 2015, Maxim Group Reiterated a Buy rating and decreased its price target from $14 to $12. On April 10, 2015, Maxim Group Initiated a Buy rating and increased its price target to $14. On October 06, 2009, Kaufman Bros Initiated a Buy rating and boosted its amount on this stock to $11.50.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.56 and a peak of $1.90. Right now, the middling Wall Street analyst 12-month amount mark is $7.00. At the most recent market close, shares of Evolving Systems Inc. [NASDAQ:EVOL] were valued at $2.09.

FUNDAMENTAL ANALYSIS

Evolving Systems Inc. [NASDAQ:EVOL] most recently reported quarterly sales of 6.77 billion, which represented growth of 11.50%. This publicly-traded organization’s revenue is $98,659 per employee, while its income is -$37,146 per employee. This company’s Gross Margin is currently 65.90%, its Operating Margin is 2.30%, its Pretax Margin is -33.37, and its Net Margin is -37.65. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -36.64, -70.41, -6.64 and -62.75 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 24.11 and the whole liability to whole assets at 14.36. It shows enduring liability to the whole principal at 8.31 and enduring liability to assets at 0.05 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 1.92 points at 1st support level, the second support level is making up to 1.76. But as of 1st resistance point, this stock is sitting at 2.22 and at 2.36 for 2nd resistance point.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Evolving Systems Inc. [NASDAQ:EVOL] is 1.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.32. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.42 and it’s amount to book ratio is 1.19.

Insider Stories

The most recent insider trade was by NICOL DAVID J, Director, and it was the purchase of 9000.0 shares on Dec 27.