News coverage about Everbridge (NASDAQ:EVBG) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Everbridge earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 44.7149942338178 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Everbridge : Announces Proposed $100 Million Convertible Notes Offering (4-traders.com)
- Everbridge Announces Proposed $100 Million Convertible Notes Offering (finance.yahoo.com)
- Contrasting Everbridge (EVBG) and Its Peers (americanbankingnews.com)
- Head-To-Head Review: Everbridge (EVBG) vs. Its Peers (americanbankingnews.com)
- Everbridge, Inc. (EVBG) Earns Buy Rating from Northland Securities (americanbankingnews.com)
EVBG has been the subject of a number of recent research reports. Northland Securities restated a “buy” rating and issued a $33.00 price objective on shares of Everbridge in a research note on Friday, November 10th. Zacks Investment Research upgraded shares of Everbridge from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Friday, November 10th. Credit Suisse Group increased their price objective on shares of Everbridge from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Tuesday, November 7th. KeyCorp increased their price objective on shares of Everbridge from $27.00 to $30.00 and gave the company an “overweight” rating in a research note on Tuesday, November 7th. Finally, Canaccord Genuity reiterated a “buy” rating and set a $33.00 target price (up previously from $28.00) on shares of Everbridge in a research report on Tuesday, November 7th. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $31.00.
Everbridge (EVBG) opened at $29.58 on Wednesday. Everbridge has a one year low of $14.26 and a one year high of $29.99.
Everbridge (NASDAQ:EVBG) last issued its earnings results on Monday, November 6th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.04. Everbridge had a negative net margin of 17.10% and a negative return on equity of 29.44%. The company had revenue of $27.31 million for the quarter, compared to analyst estimates of $26.41 million. During the same quarter last year, the firm earned ($0.07) EPS. The company’s revenue for the quarter was up 37.0% on a year-over-year basis. research analysts expect that Everbridge will post -0.55 earnings per share for the current fiscal year.
In other Everbridge news, CFO Kenneth S. Goldman sold 11,141 shares of Everbridge stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $26.88, for a total value of $299,470.08. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Gary R. Phillips sold 7,778 shares of Everbridge stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $22.88, for a total transaction of $177,960.64. Following the completion of the transaction, the senior vice president now directly owns 1,045 shares in the company, valued at approximately $23,909.60. The disclosure for this sale can be found here. Insiders have sold a total of 80,751 shares of company stock worth $2,010,269 in the last three months. 41.40% of the stock is owned by insiders.
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Everbridge Company Profile
Everbridge, Inc is a global software company. The Company provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to keep people safe and businesses running. During public safety threats, such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events, such as information technology (IT) outages, cyber-attacks or other incidents, such as product recalls or supply-chain interruptions, its Software as a Service (SaaS)-based platform enables its customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans.
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