Everbridge Inc (NASDAQ:EVBG) CFO Kenneth S. Goldman sold 816 shares of the firm’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $32.06, for a total transaction of $26,160.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Everbridge Inc (EVBG) traded up $1.10 during mid-day trading on Thursday, hitting $32.73. 367,349 shares of the stock traded hands, compared to its average volume of 311,533. The stock has a market capitalization of $924.21 and a P/E ratio of -54.55. Everbridge Inc has a 52 week low of $16.63 and a 52 week high of $32.79.
Everbridge (NASDAQ:EVBG) last announced its earnings results on Monday, November 6th. The technology company reported ($0.02) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.06) by $0.04. The company had revenue of $27.31 million during the quarter, compared to the consensus estimate of $26.41 million. Everbridge had a negative net margin of 17.10% and a negative return on equity of 29.44%. The firm’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 posted ($0.07) earnings per share. analysts forecast that Everbridge Inc will post -0.55 EPS for the current year.
A number of research analysts have weighed in on the stock. KeyCorp reaffirmed a “buy” rating and issued a $37.00 price objective (up from $30.00) on shares of Everbridge in a research note on Wednesday. BidaskClub raised shares of Everbridge from a “hold” rating to a “buy” rating in a research note on Tuesday. Stifel Nicolaus reaffirmed a “buy” rating and issued a $33.00 price objective on shares of Everbridge in a research note on Thursday, January 11th. Zacks Investment Research lowered shares of Everbridge from a “strong-buy” rating to a “sell” rating in a research note on Tuesday, January 9th. Finally, William Blair reaffirmed a “buy” rating on shares of Everbridge in a research note on Tuesday, December 26th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the company’s stock. Everbridge currently has an average rating of “Buy” and a consensus target price of $32.11.
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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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