Everbridge Inc (NASDAQ:EVBG) President Robert W. Hughes sold 5,784 shares of the business’s stock in a transaction that occurred on Monday, June 11th. The stock was sold at an average price of $47.70, for a total value of $275,896.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
EVBG stock traded up $0.69 during midday trading on Thursday, hitting $52.29. The stock had a trading volume of 16,261 shares, compared to its average volume of 308,203. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of -91.74 and a beta of 0.96. Everbridge Inc has a 52-week low of $21.56 and a 52-week high of $52.35. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 1.50.
Everbridge (NASDAQ:EVBG) last released its earnings results on Monday, May 7th. The technology company reported ($0.17) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.20) by $0.03. Everbridge had a negative return on equity of 42.59% and a negative net margin of 23.01%. The business had revenue of $30.52 million for the quarter, compared to the consensus estimate of $29.61 million. During the same period in the previous year, the company posted ($0.15) earnings per share. The company’s revenue for the quarter was up 33.6% compared to the same quarter last year. equities research analysts expect that Everbridge Inc will post -1.39 earnings per share for the current fiscal year.
A number of brokerages have commented on EVBG. Needham & Company LLC lifted their price target on Everbridge to $46.00 and gave the stock a “buy” rating in a research note on Tuesday, May 8th. William Blair reaffirmed a “buy” rating on shares of Everbridge in a research note on Thursday, February 15th. KeyCorp reaffirmed a “buy” rating and issued a $39.00 price target (up from $37.00) on shares of Everbridge in a research note on Wednesday, February 21st. Credit Suisse Group upped their price target on Everbridge from $38.00 to $46.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 8th. Finally, BidaskClub raised Everbridge from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 11th. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Everbridge currently has a consensus rating of “Buy” and a consensus target price of $43.50.
Everbridge, Inc operates as a software company in the United States, Sweden, England, and China. The company offers Critical Event Management, a SaaS-based platform with various software applications that address tasks an organization has to perform to manage a critical event, including Mass Notification, which enables enterprises and governmental entities to send notifications to individuals or groups to keep them informed before, during, and after natural or man-made disasters, and other emergencies; Safety Connection that enables organizations to send notifications based on last known location of an individual; Incident Management, which enables organizations to automate workflows and make their communications relevant; and IT Alerting that enables IT professionals to alert and communicate with members of their teams during an IT incident or outage.
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