Everbridge (EVBG) Receives Media Impact Rating of 0.21

News stories about Everbridge (NASDAQ:EVBG) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media 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 0.21 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 42.5961688273472 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

A number of brokerages recently issued reports on EVBG. BidaskClub downgraded Everbridge from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 29th. Zacks Investment Research raised Everbridge from a “sell” rating to a “hold” rating in a research report on Friday, April 6th. Stifel Nicolaus restated a “buy” rating and set a $33.00 target price on shares of Everbridge in a report on Thursday, January 11th. William Blair restated a “buy” rating on shares of Everbridge in a report on Tuesday, December 26th. Finally, Needham & Company LLC restated a “buy” rating and set a $40.00 target price (up from $32.00) on shares of Everbridge in a report on Thursday, February 22nd. They noted that the move was a valuation call. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Everbridge currently has an average rating of “Buy” and an average price target of $36.56.

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EVBG stock opened at $37.42 on Tuesday. Everbridge has a fifty-two week low of $21.56 and a fifty-two week high of $39.12. The company has a debt-to-equity ratio of 1.60, a quick ratio of 2.11 and a current ratio of 2.11.

Everbridge (NASDAQ:EVBG) last released its quarterly earnings results on Wednesday, February 21st. The technology company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02). The company had revenue of $29.18 million for the quarter, compared to analyst estimates of $28.49 million. Everbridge had a negative return on equity of 33.84% and a negative net margin of 18.82%. The firm’s revenue was up 37.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.03) earnings per share. sell-side analysts forecast that Everbridge will post -1.43 EPS for the current year.

In related news, President Robert W. Hughes sold 7,648 shares of Everbridge stock in a transaction that occurred on Monday, April 9th. The stock was sold at an average price of $35.81, for a total value of $273,874.88. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Kenneth S. Goldman sold 10,327 shares of the business’s stock in a transaction on Monday, April 2nd. The stock was sold at an average price of $35.76, for a total value of $369,293.52. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 40,323 shares of company stock worth $1,429,213. Company insiders own 11.20% of the company’s stock.

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Everbridge Company Profile

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.

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

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