Somewhat Favorable News Coverage Somewhat Unlikely to Impact Everbridge (EVBG) Share Price

News coverage about Everbridge (NASDAQ:EVBG) has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Everbridge earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.6882346365109 out of 100, meaning that recent press 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 effected Accern Sentiment Analysis’s scoring:

Everbridge (EVBG) traded down $0.43 on Friday, hitting $26.07. The stock had a trading volume of 486,409 shares, compared to its average volume of 227,757. Everbridge has a 12 month low of $14.26 and a 12 month high of $29.99.

Everbridge (NASDAQ:EVBG) last announced its earnings results on Monday, November 6th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. The company had revenue of $27.31 million for 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%. Everbridge’s revenue for the quarter was up 37.0% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.07) earnings per share. research analysts forecast that Everbridge will post -0.55 earnings per share for the current fiscal year.

A number of research firms have recently commented on EVBG. Northland Securities reissued 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 raised Everbridge from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research note on Friday, November 10th. Credit Suisse Group reissued an “outperform” rating and issued a $30.00 price objective (up previously from $26.50) on shares of Everbridge in a research note on Friday. KeyCorp boosted their price objective on Everbridge from $27.00 to $30.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 7th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $33.00 price objective (up previously from $28.00) on shares of Everbridge in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. Everbridge presently has a consensus rating of “Buy” and a consensus target price of $31.00.

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In other news, insider R William Burgess, Jr. sold 23,244 shares of the business’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of $22.56, for a total transaction of $524,384.64. Following the sale, the insider now directly owns 45,165 shares of the company’s stock, valued at $1,018,922.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Yuan Cheng sold 11,000 shares of the business’s 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 have sold 83,051 shares of company stock worth $2,073,584 over the last ninety days. 41.40% of the stock is owned by insiders.

About Everbridge

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.

Insider Buying and Selling by Quarter for Everbridge (NASDAQ:EVBG)

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