Media coverage about Everbridge (NASDAQ:EVBG) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Everbridge earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 42.7126704168355 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern’s rankings:
- Everbridge Expands Leadership Team with New Executive Appointments (finance.yahoo.com)
- ETFs with exposure to Everbridge, Inc. : July 31, 2017 (finance.yahoo.com)
- Everbridge, Inc. (EVBG) Expected to Post Earnings of -$0.12 Per Share (americanbankingnews.com)
- Everbridge : 100% of the 25 Busiest Airports in North America Now Utilize Everbridge for Critical Event Management (4-traders.com)
Several equities analysts have commented on EVBG shares. Zacks Investment Research upgraded Everbridge from a “sell” rating to a “hold” rating in a research report on Tuesday, April 18th. Needham & Company LLC started coverage on Everbridge in a research report on Monday, April 17th. They issued a “buy” rating and a $25.00 target price for the company. Pacific Crest reiterated a “buy” rating on shares of Everbridge in a research report on Tuesday, May 9th. Stifel Nicolaus reiterated a “buy” rating and issued a $27.00 target price (up from $22.00) on shares of Everbridge in a research report on Tuesday, May 9th. Finally, Bank of America Corp increased their target price on Everbridge from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Tuesday, May 9th. One research analyst has rated the stock with 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 $24.20.
Shares of Everbridge (NASDAQ EVBG) traded down 0.21% during midday trading on Tuesday, hitting $23.60. The stock had a trading volume of 133,929 shares. Everbridge has a 1-year low of $11.76 and a 1-year high of $26.87. The stock’s market cap is $657.57 million. The firm’s 50-day moving average price is $23.89 and its 200-day moving average price is $21.86.
Everbridge (NASDAQ:EVBG) last released its earnings results on Monday, May 8th. The technology company reported ($0.19) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.02. The company had revenue of $22.80 million during the quarter, compared to the consensus estimate of $22.09 million. Everbridge’s revenue was up 33.3% on a year-over-year basis. Analysts forecast that Everbridge will post ($0.30) earnings per share for the current year.
In other news, Director Cintawati W. Putra sold 55,960 shares of the business’s stock in a transaction dated Thursday, July 13th. The stock was sold at an average price of $23.70, for a total value of $1,326,252.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Cintawati W. Putra sold 58,000 shares of the business’s stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $23.72, for a total value of $1,375,760.00. The disclosure for this sale can be found here. In the last three months, insiders sold 227,107 shares of company stock valued at $5,358,794. 41.40% of the stock is currently owned by corporate insiders.
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Everbridge Company Profile
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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