At the time of writing, Weave Communications Inc [WEAV] stock is trading at $17.44, up 1.34%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WEAV shares have gain 6.41% over the last week, with a monthly amount glided 10.38%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Weave Communications Inc [NYSE: WEAV] stock has seen the most recent analyst activity on February 26, 2024, when Raymond James upgraded its rating to a Strong Buy but kept the price target unchanged to $15 for it. Previously, Piper Sandler upgraded its rating to Overweight on January 02, 2024, and elevated its price target to $15. On June 26, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $13 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $6 on May 04, 2023. Loop Capital downgraded its rating to a Hold and reduced its price target to $5 on August 04, 2022. Raymond James downgraded its rating to Mkt Perform for this stock on March 03, 2022. In a note dated March 03, 2022, Piper Sandler downgraded an Neutral rating on this stock but restated the target price of $9.
For the past year, the stock price of Weave Communications Inc fluctuated between $8.10 and $17.45. Currently, Wall Street analysts expect the stock to reach $17.5 within the next 12 months. Weave Communications Inc [NYSE: WEAV] shares were valued at $17.44 at the most recent close of the market. An investor can expect a potential return of 0.34% based on the average WEAV price forecast.
Analyzing the WEAV fundamentals
According to Weave Communications Inc [NYSE:WEAV], the company’s sales were 195.84M for trailing twelve months, which represents an 20.31% jump. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.15%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.39 and Total Capital is -0.28. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.16 points at the first support level, and at 16.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.59, and for the 2nd resistance point, it is at 17.73.
Ratios To Look Out For
It is important to note that Weave Communications Inc [NYSE:WEAV] has a current ratio of 1.45. Further, the Quick Ratio stands at 1.45, while the Cash Ratio is 0.66. Considering the valuation of this stock, the price to sales ratio is 6.48, the price to book ratio is 18.37.
Transactions by insiders
Recent insider trading involved PELION VENTURES VI-A LP, 10% Owner, that happened on Feb 07 ’25 when 77535.0 shares were purchased. 10% Owner, PELION VENTURES VI LP completed a deal on Feb 07 ’25 to buy 1.13 million shares. Meanwhile, Director Modersitzki Blake G sold 0.1 million shares on Jan 31 ’25.
