Everbridge Inc (NASDAQ:EVBG) insider Robert W. Hughes sold 12,822 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $72.45, for a total transaction of $928,953.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
NASDAQ EVBG opened at $77.43 on Friday. The company has a debt-to-equity ratio of 2.23, a current ratio of 1.35 and a quick ratio of 1.35. The company has a market cap of $2.58 billion, a P/E ratio of -54.15 and a beta of 0.93. Everbridge Inc has a 52 week low of $40.91 and a 52 week high of $79.91.
Everbridge (NASDAQ:EVBG) last posted its quarterly earnings data on Monday, May 6th. The technology company reported ($0.39) EPS for the quarter, topping the consensus estimate of ($0.48) by $0.09. The firm had revenue of $42.82 million during the quarter, compared to analyst estimates of $42.23 million. Everbridge had a negative net margin of 32.30% and a negative return on equity of 81.85%. Everbridge’s revenue was up 40.3% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.17) EPS. Research analysts forecast that Everbridge Inc will post -1.48 earnings per share for the current fiscal year.
Several research firms have issued reports on EVBG. BidaskClub cut shares of Everbridge from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 16th. Zacks Investment Research raised shares of Everbridge from a “sell” rating to a “hold” rating in a research report on Wednesday, January 23rd. JPMorgan Chase & Co. assumed coverage on shares of Everbridge in a research report on Wednesday, February 6th. They issued a “neutral” rating and a $69.00 price target for the company. Robert W. Baird upped their price target on shares of Everbridge from $67.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 20th. Finally, SunTrust Banks upped their price target on shares of Everbridge to $73.00 and gave the stock a “buy” rating in a research report on Wednesday, February 20th. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $76.00.
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Everbridge Company Profile
Everbridge, Inc operates as a software company in the United States and internationally. The company's Critical Event Management, a software as a service based platform with various software applications that address tasks an organization has to perform to manage a critical event, including Mass Notification that 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 that 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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