Everbridge (EVBG) Earns Media Impact Rating of 0.18
Press coverage about Everbridge (NASDAQ:EVBG) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Everbridge earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.2819133290041 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Insider Selling: Everbridge Inc (EVBG) SVP Sells 2,500 Shares of Stock (americanbankingnews.com)
- Stocks To Watch: Everbridge Sees Relative Strength Rating Rise To 91 (finance.yahoo.com)
- Zacks Investment Research Downgrades Everbridge (EVBG) to Sell (americanbankingnews.com)
- New York City Selects Everbridge to Power Citywide Emergency Notification Program – Notify NYC (finance.yahoo.com)
- Everbridge Inc (EVBG) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
EVBG has been the subject of several research reports. Credit Suisse Group reissued an “outperform” rating and set a $30.00 price objective (up from $26.50) on shares of Everbridge in a research note on Friday, November 17th. BidaskClub lowered Everbridge from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Zacks Investment Research upgraded Everbridge from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a report on Friday, November 10th. Northland Securities restated a “buy” rating and issued a $33.00 target price on shares of Everbridge in a report on Friday, November 10th. Finally, Needham & Company LLC increased their target price on Everbridge from $28.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $31.33.
Shares of Everbridge (NASDAQ EVBG) opened at $31.76 on Friday. The stock has a market capitalization of $897.37 and a price-to-earnings ratio of -52.93. Everbridge has a 1-year low of $16.63 and a 1-year high of $31.93.
Everbridge (NASDAQ:EVBG) last released its earnings results on Monday, November 6th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.04. The company had revenue of $27.31 million during the quarter, compared to analyst estimates of $26.41 million. Everbridge had a negative return on equity of 29.44% and a negative net margin of 17.10%. The company’s revenue for the quarter was up 37.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.07) earnings per share. sell-side analysts forecast that Everbridge will post -0.55 earnings per share for the current fiscal year.
In related news, SVP Elliot J. Mark sold 2,500 shares of the stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $30.79, for a total transaction of $76,975.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Yuan Cheng sold 11,000 shares of the stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $27.37, for a total value of $301,070.00. The disclosure for this sale can be found here. Insiders sold 154,253 shares of company stock valued at $4,167,996 in the last 90 days. Corporate insiders own 41.40% of the company’s stock.
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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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