Everbridge, Inc. (NASDAQ:EVBG – Get Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 1,500,000 shares, a growth of 14.5% from the May 31st total of 1,310,000 shares. Based on an average daily volume of 620,900 shares, the short-interest ratio is currently 2.4 days.
Everbridge Stock Performance
NASDAQ:EVBG opened at $34.99 on Monday. Everbridge has a twelve month low of $18.50 and a twelve month high of $36.31. The stock’s 50 day moving average price is $34.77 and its two-hundred day moving average price is $30.83. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.03.
Everbridge (NASDAQ:EVBG – Get Free Report) last posted its quarterly earnings results on Thursday, May 9th. The technology company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.21). The company had revenue of $111.43 million for the quarter, compared to analyst estimates of $111.90 million. Everbridge had a positive return on equity of 5.26% and a negative net margin of 11.67%. Analysts predict that Everbridge will post 0.78 EPS for the current year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
EVBG has been the topic of several research reports. Canaccord Genuity Group boosted their target price on Everbridge from $28.60 to $35.00 and gave the company a “hold” rating in a research note on Monday, March 4th. StockNews.com initiated coverage on Everbridge in a research note on Sunday. They issued a “hold” rating on the stock. Needham & Company LLC restated a “hold” rating on shares of Everbridge in a research note on Monday, May 13th. Truist Financial boosted their target price on Everbridge from $20.00 to $35.00 and gave the company a “hold” rating in a research note on Monday, March 4th. Finally, Robert W. Baird boosted their target price on Everbridge from $29.00 to $35.00 and gave the company a “neutral” rating in a research note on Tuesday, May 14th. One investment analyst has rated the stock with a sell rating and ten have given a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $29.75.
Get Our Latest Stock Report on EVBG
Everbridge Company Profile
Everbridge, Inc engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization’s operational response to critical events. Its SaaS-based CEM platform enables 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.
Further Reading
- Five stocks we like better than Everbridge
- Investing In Automotive Stocks
- Chewy Stock Surges on Roaring Kitty’s Disclosure of Major Stake
- High Dividend REITs: Are They an Ideal Way to Diversify?
- How to Invest in Gold: A Complete Guide
- NYSE Stocks Give Investors a Variety of Quality Options
- 3 Stocks Wall Street Could Be Watching on Fannie Mae’s Rally
Receive News & Ratings for Everbridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everbridge and related companies with MarketBeat.com's FREE daily email newsletter.