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WEAV

Weave Communications NYSE:WEAV Stock Report

Last Price

US$5.37

Market Cap

US$350.7m

7D

13.1%

1Y

n/a

Updated

03 Oct, 2022

Data

Company Financials +
WEAV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health4/6
Dividends0/6

WEAV Stock Overview

Weave Communications, Inc. provides a customer communications and engagement software platform in the United States and Canada.

Weave Communications Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Weave Communications
Historical stock prices
Current Share PriceUS$5.37
52 Week HighUS$22.40
52 Week LowUS$2.91
Beta0
1 Month Change-10.65%
3 Month Change61.26%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-71.42%

Recent News & Updates

Oct 04

Weave appoints Brett White as CEO

Weave (NYSE:WEAV) has announced the appointment of Brett White as CEO, earlier White was appointed as Interim CEO in August when Roy Banks resigned due to health and family reasons. Prior to his work with Weave, White served as COO and CFO at wellness software provider Mindbody and has extensive background as a public company executive with a focus in SaaS and Payments.

Shareholder Returns

WEAVUS SoftwareUS Market
7D13.1%2.1%1.0%
1Yn/a-29.4%-20.0%

Return vs Industry: Insufficient data to determine how WEAV performed against the US Software industry.

Return vs Market: Insufficient data to determine how WEAV performed against the US Market.

Price Volatility

Is WEAV's price volatile compared to industry and market?
WEAV volatility
WEAV Average Weekly Movement11.3%
Software Industry Average Movement8.7%
Market Average Movement6.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: WEAV is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: WEAV's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2008889Brett Whitehttps://www.getweave.com

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.

Weave Communications Fundamentals Summary

How do Weave Communications's earnings and revenue compare to its market cap?
WEAV fundamental statistics
Market CapUS$350.68m
Earnings (TTM)-US$57.80m
Revenue (TTM)US$130.34m

2.7x

P/S Ratio

-6.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WEAV income statement (TTM)
RevenueUS$130.34m
Cost of RevenueUS$54.05m
Gross ProfitUS$76.30m
Other ExpensesUS$134.09m
Earnings-US$57.80m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.89
Gross Margin58.53%
Net Profit Margin-44.34%
Debt/Equity Ratio10.9%

How did WEAV perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is WEAV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WEAV?

Other financial metrics that can be useful for relative valuation.

WEAV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.3x
Enterprise Value/EBITDA-7.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does WEAV's PS Ratio compare to its peers?

WEAV PS Ratio vs Peers
The above table shows the PS ratio for WEAV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.9x
RBT Rubicon Technologies
0.2x28.7%US$334.4m
SSTI ShotSpotter
4.9x16.9%US$340.5m
KLTR Kaltura
1.7x7.8%US$290.0m
CGNT Cognyte Software
0.7x0.3%US$269.4m
WEAV Weave Communications
2.7x17.7%US$350.7m

Price-To-Sales vs Peers: WEAV is expensive based on its Price-To-Sales Ratio (2.7x) compared to the peer average (1.9x).


Price to Earnings Ratio vs Industry

How does WEAV's PE Ratio compare vs other companies in the US Software Industry?

Price-To-Sales vs Industry: WEAV is good value based on its Price-To-Sales Ratio (2.7x) compared to the US Software industry average (4.3x)


Price to Sales Ratio vs Fair Ratio

What is WEAV's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WEAV PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.7x
Fair PS Ratio3.2x

Price-To-Sales vs Fair Ratio: WEAV is good value based on its Price-To-Sales Ratio (2.7x) compared to the estimated Fair Price-To-Sales Ratio (3.2x).


Share Price vs Fair Value

What is the Fair Price of WEAV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WEAV ($5.37) is trading above our estimate of fair value ($4.25)

Significantly Below Fair Value: WEAV is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is Weave Communications forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


6.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WEAV is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: WEAV is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: WEAV is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: WEAV's revenue (17.7% per year) is forecast to grow faster than the US market (7.7% per year).

High Growth Revenue: WEAV's revenue (17.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WEAV is forecast to be unprofitable in 3 years.


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Past Performance

How has Weave Communications performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-27.3%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: WEAV is currently unprofitable.

Growing Profit Margin: WEAV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if WEAV's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare WEAV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WEAV is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (14.3%).


Return on Equity

High ROE: WEAV has a negative Return on Equity (-61.9%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Weave Communications's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: WEAV's short term assets ($140.7M) exceed its short term liabilities ($63.9M).

Long Term Liabilities: WEAV's short term assets ($140.7M) exceed its long term liabilities ($63.0M).


Debt to Equity History and Analysis

Debt Level: WEAV has more cash than its total debt.

Reducing Debt: Insufficient data to determine if WEAV's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: WEAV has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if WEAV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is Weave Communications's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Weave Communications Dividend Yield vs Market
How does Weave Communications dividend yield compare to the market?
SegmentDividend Yield
Company (Weave Communications)n/a
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.6%
Industry Average (Software)1.1%
Analyst forecast in 3 Years (Weave Communications)0%

Notable Dividend: Unable to evaluate WEAV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WEAV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WEAV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WEAV's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as WEAV has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average management tenure


CEO

Brett White (59 yo)

2.25yrs

Tenure

US$7,024

Compensation

Mr. Brett T. White is Director of Inspired Flight Technologies since January 2022. He has served as Independent Director of Weave Communications Inc. and serves as its Director since July 2020. He is Presi...


Leadership Team

Experienced Management: WEAV's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: WEAV's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

NYSE:WEAV Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
13 May 22SellUS$130,383Tiger Global Management, LLCCompany26,086US$5.00
11 May 22SellUS$1,637,213Tiger Global Management, LLCCompany368,190US$4.95
07 Mar 22BuyUS$239,390Blake ModersitzkiIndividual37,000US$6.47
16 Nov 21BuyUS$21,380Marty SmuinIndividual1,000US$21.38
15 Nov 21BuyUS$15,000,000Tiger Global Management, LLCCompany625,000US$24.00
15 Nov 21BuyUS$9,600,000Pelion, IncCompany400,000US$24.00
12 Nov 21BuyUS$39,982Wendy HarperIndividual2,111US$18.94
12 Nov 21BuyUS$49,689Stuart HarveyIndividual2,660US$18.68
11 Nov 21BuyUS$9,600,000CrossLink Capital, Inc.Company400,000US$24.00
25 Oct 21BuyUS$887,745CrossLink Capital, Inc.Company37,222US$23.85

Ownership Breakdown

What is the ownership structure of WEAV?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders473,2060.7%
Institutions5,287,8838.1%
Hedge Funds7,032,57010.8%
General Public15,379,84223.6%
VC/PE Firms37,130,15056.9%

Dilution of Shares: WEAV only recently listed within the past 12 months.


Top Shareholders

Top 25 shareholders own 76.04% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
16.73%
Catalyst Investors, L.L.C.
10,928,422$58.7m0%100%
14.68%
CrossLink Capital, Inc.
9,589,064$51.5m0%13.42%
11.59%
Deer Management Company, LLC
7,566,659$40.6m0%1.59%
10.77%
Tiger Global Management, LLC
7,032,570$37.8m-5.31%0.29%
8.49%
Pelion, Inc
5,545,371$29.8m0%14.08%
5.36%
Lead Edge Capital Management, LLC
3,500,634$18.8m0%3.15%
2.95%
W Capital Management, LLC
1,926,646$10.3m0%4.34%
1.39%
The Vanguard Group, Inc.
909,435$4.9m1424.29%no data
0.56%
Millennium Management LLC
365,552$2.0m3252.77%no data
0.46%
Marty Smuin
301,000$1.6m0%no data
0.45%
Vista Wealth Management, LLC
294,814$1.6m0%0.22%
0.37%
BlackRock, Inc.
243,482$1.3m79.83%no data
0.32%
Botty Investors LLC
208,859$1.1m0%0.42%
0.3%
Marshall Wace LLP
193,278$1.0m60.76%no data
0.27%
State Street Global Advisors, Inc.
175,798$944.0k104.36%no data
0.22%
B. Riley Asset Management LLC
144,052$773.6k0%0.36%
0.2%
Citadel Advisors LLC
131,792$707.7k-74.03%no data
0.2%
Roy Banks
130,435$700.4k0%no data
0.2%
Goldman Sachs Group, Investment Banking and Securities Investments
127,964$687.2k-12.52%no data
0.11%
Tudor Investment Corporation
72,144$387.4k-13.45%0.01%
0.11%
Susquehanna International Group, LLP, Asset Management Arm
70,662$379.5k0%no data
0.098%
Ergoteles LLC
63,884$343.1k0%0.01%
0.09%
Eaton Vance Management
58,507$314.2k251.01%no data
0.061%
Resolute Advisors LLC
40,000$214.8k0%0.02%
0.057%
Blake Modersitzki
37,000$198.7k0%no data

Company Information

Weave Communications, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Weave Communications, Inc.
  • Ticker: WEAV
  • Exchange: NYSE
  • Founded: 2008
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: US$350.681m
  • Shares outstanding: 65.30m
  • Website: https://www.getweave.com

Number of Employees


Location

  • Weave Communications, Inc.
  • 1331 West Powell Way
  • Lehi
  • Utah
  • 84043
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WEAVNYSE (New York Stock Exchange)YesCommon StockUSUSDNov 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/03 00:00
End of Day Share Price2022/10/03 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.