Could Everbridge, Inc. (EVBG) See a Reversal After This Very Strong Session?

December 7, 2017 - By Ellis Scott

The stock of Everbridge, Inc. (NASDAQ:EVBG) is a huge mover today! The stock increased 8.14% or $2.01 during the last trading session, reaching $26.7. About 514,805 shares traded or 65.20% up from the average. Everbridge, Inc. (NASDAQ:EVBG) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.
The move comes after 5 months positive chart setup for the $754.40 million company. It was reported on Dec, 7 by Barchart.com. We have $29.10 PT which if reached, will make NASDAQ:EVBG worth $67.90M more.

Analysts await Everbridge, Inc. (NASDAQ:EVBG) to report earnings on February, 26. They expect $-0.15 EPS, down 150.00 % or $0.09 from last year’s $-0.06 per share. After $-0.12 actual EPS reported by Everbridge, Inc. for the previous quarter, Wall Street now forecasts 25.00 % negative EPS growth.

Everbridge, Inc. (NASDAQ:EVBG) Ratings Coverage

Among 4 analysts covering Everbridge (NASDAQ:EVBG), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Everbridge had 5 analyst reports since October 11, 2016 according to SRatingsIntel. Stifel Nicolaus initiated the stock with “Buy” rating in Tuesday, October 11 report. The company was initiated on Tuesday, October 11 by Pacific Crest. The firm earned “Buy” rating on Tuesday, October 11 by Bank of America. The firm has “Outperform” rating by Credit Suisse given on Tuesday, October 11.

More important recent Everbridge, Inc. (NASDAQ:EVBG) news were published by: Nasdaq.com which released: “Everbridge Inc (EVBG) CEO & Chairman Jaime Wallace Ellertson Sold $17.2 …” on November 23, 2017, also Businesswire.com published article titled: “Everbridge to Present at Upcoming Investor Conferences”, Businesswire.com published: “Everbridge Announces Pricing of $100 Million Convertible Notes Offering” on November 16, 2017. More interesting news about Everbridge, Inc. (NASDAQ:EVBG) was released by: Streetinsider.com and their article: “Everbridge, Inc. (EVBG) Announces Proposed $100M Convertible Notes Offering” with publication date: November 14, 2017.

Everbridge, Inc., a software company, provides critical communications and enterprise safety applications that enable clients to automate and accelerate the process of keeping people safe and businesses running during critical events. The company has market cap of $754.40 million. The Company’s SaaS platform enables clients 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. It currently has negative earnings. The companyÂ’s critical event management platform comprises a set of software applications that address various tasks an organization has to perform to manage a critical event, including Mass Notification, Incident Management, Safety Connection, IT Alerting, Visual Command Center, Crisis Commander, Community Engagement, and Secure Messaging.

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