Everbridge, Inc. (EVBG) Can’t Be More Hot. Just Reaches 52-Week High

January 14, 2018 - By Stephen Andrade

The stock of Everbridge, Inc. (NASDAQ:EVBG) hit a new 52-week high and has $34.50 target or 7.00 % above today’s $32.24 share price. The 6 months bullish chart indicates low risk for the $910.93 million company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $34.50 price target is reached, the company will be worth $63.77M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.51% or $0.48 during the last trading session, reaching $32.24. About 405,172 shares traded or 12.02% up from the average. Everbridge, Inc. (NASDAQ:EVBG) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Everbridge, Inc. (NASDAQ:EVBG) to report earnings on February, 26. They expect $-0.15 earnings per share, down 150.00 % or $0.09 from last year’s $-0.06 per share. After $-0.12 actual earnings per share 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 has $21 highest and $20 lowest target. $20.50’s average target is -36.41% below currents $32.24 stock price. Everbridge had 5 analyst reports since October 11, 2016 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Tuesday, October 11. The firm has “Buy” rating by Bank of America given on Tuesday, October 11. The rating was initiated by Pacific Crest on Tuesday, October 11 with “Overweight”. Stifel Nicolaus initiated the stock with “Buy” rating in Tuesday, October 11 report.

More recent Everbridge, Inc. (NASDAQ:EVBG) news were published by: Streetinsider.com which released: “William Blair Reiterates Outperform on Everbridge, Inc. (EVBG) Following …” on December 26, 2017. Also Businesswire.com published the news titled: “State of Vermont Selects Everbridge to Power State-Wide Emergency Notification …” on December 18, 2017. Nasdaq.com‘s news article titled: “Everbridge Inc (EVBG) CEO & Chairman Jaime Wallace Ellertson Sold $17.2 …” with publication date: November 23, 2017 was also an interesting one.

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 $910.93 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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