Everbridge, Inc. (NASDAQ:EVBG – Get Free Report) insider Bryan Reed Barney sold 3,276 shares of the company’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $34.99, for a total transaction of $114,627.24. Following the transaction, the insider now owns 18,569 shares in the company, valued at approximately $649,729.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Everbridge Price Performance
Shares of NASDAQ:EVBG opened at $35.00 on Tuesday. Everbridge, Inc. has a twelve month low of $18.50 and a twelve month high of $36.31. The company’s 50 day moving average is $34.77 and its 200 day moving average is $30.91. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.03. The company has a market cap of $1.46 billion, a PE ratio of -22.44, a price-to-earnings-growth ratio of 0.95 and a beta of 0.98.
Everbridge (NASDAQ:EVBG – Get Free Report) last released its quarterly earnings data on Thursday, May 9th. The technology company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.21). Everbridge had a positive return on equity of 5.26% and a negative net margin of 11.67%. The company had revenue of $111.43 million during the quarter, compared to analysts’ expectations of $111.90 million. On average, sell-side analysts forecast that Everbridge, Inc. will post 0.78 EPS for the current year.
Institutional Investors Weigh In On Everbridge
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the stock. Canaccord Genuity Group upped their price objective on shares of Everbridge from $28.60 to $35.00 and gave the company a “hold” rating in a report on Monday, March 4th. Robert W. Baird upped their price objective on shares of Everbridge from $29.00 to $35.00 and gave the company a “neutral” rating in a report on Tuesday, May 14th. Truist Financial upped their price objective on shares of Everbridge from $20.00 to $35.00 and gave the company a “hold” rating in a report on Monday, March 4th. Needham & Company LLC restated a “hold” rating on shares of Everbridge in a report on Monday, May 13th. Finally, StockNews.com initiated coverage on shares of Everbridge in a report on Sunday. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating and ten have given a hold rating to the company. According to data from MarketBeat.com, Everbridge presently has an average rating of “Hold” and an average target price of $29.75.
Check Out Our Latest Research Report on Everbridge
Everbridge Company Profile
Everbridge, Inc engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization’s operational response to critical events. Its SaaS-based CEM platform enables 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.
See Also
- Five stocks we like better than Everbridge
- What is a buyback in stocks? A comprehensive guide for investors
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- How to Calculate Stock Profit
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Receive News & Ratings for Everbridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everbridge and related companies with MarketBeat.com's FREE daily email newsletter.