Somewhat Positive Press Coverage Somewhat Unlikely to Affect Everbridge (EVBG) Stock Price

Media coverage about Everbridge (NASDAQ:EVBG) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, 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 media headlines about the technology company an impact score of 42.5961688273472 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern’s scoring:

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Shares of EVBG opened at $37.48 on Tuesday. Everbridge has a 1-year low of $20.90 and a 1-year high of $39.12. The stock has a market cap of $1,066.93, a P/E ratio of -65.75 and a beta of 0.70. The company has a debt-to-equity ratio of 1.60, a current ratio of 2.11 and a quick ratio of 2.11.

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

Several research firms have recently issued reports on EVBG. KeyCorp restated a “buy” rating and issued a $37.00 target price (up previously from $30.00) on shares of Everbridge in a report on Wednesday, January 17th. William Blair restated a “buy” rating on shares of Everbridge in a report on Thursday, February 15th. Credit Suisse Group raised their target price on shares of Everbridge from $30.00 to $37.00 and gave the stock an “outperform” rating in a report on Thursday, February 15th. BidaskClub upgraded shares of Everbridge from a “hold” rating to a “buy” rating in a report on Tuesday, January 16th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $38.00 target price (up previously from $33.00) on shares of Everbridge in a report on Thursday, February 22nd. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Everbridge presently has an average rating of “Buy” and an average price target of $36.56.

In related news, CFO Kenneth S. Goldman sold 815 shares of Everbridge stock in a transaction dated Monday, April 16th. The shares were sold at an average price of $37.67, for a total transaction of $30,701.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Elliot J. Mark sold 1,000 shares of Everbridge stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $32.17, for a total transaction of $32,170.00. The disclosure for this sale can be found here. Insiders have sold a total of 42,823 shares of company stock valued at $1,511,163 in the last quarter. 11.20% of the stock is currently owned by company insiders.

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About Everbridge

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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