Equities analysts expect that Everbridge, Inc. (NASDAQ:EVBG) will report $28.51 million in sales for the current quarter, according to Zacks. Six analysts have issued estimates for Everbridge’s earnings, with estimates ranging from $28.40 million to $28.60 million. Everbridge reported sales of $21.28 million in the same quarter last year, which would suggest a positive year over year growth rate of 34%. The business is scheduled to announce its next quarterly earnings results on Monday, February 26th.

According to Zacks, analysts expect that Everbridge will report full-year sales of $28.51 million for the current fiscal year, with estimates ranging from $103.60 million to $103.78 million. For the next financial year, analysts anticipate that the firm will report sales of $130.90 million per share, with estimates ranging from $129.46 million to $133.50 million. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Everbridge.

Everbridge (NASDAQ:EVBG) last issued its earnings results on Monday, November 6th. The technology company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.04. The company had revenue of $27.31 million during the quarter, compared to analysts’ expectations of $26.41 million. Everbridge had a negative net margin of 17.10% and a negative return on equity of 29.44%. The business’s revenue for the quarter was up 37.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.07) EPS.

Several equities analysts have recently issued reports on the stock. BidaskClub lowered shares of Everbridge from a “hold” rating to a “sell” rating in a report on Thursday. KeyCorp reissued a “buy” rating and issued a $27.00 price target on shares of Everbridge in a report on Sunday, September 10th. Northland Securities reissued an “outperform” rating and issued a $31.00 price target (up previously from $28.00) on shares of Everbridge in a report on Friday, October 13th. Canaccord Genuity reissued a “buy” rating and issued a $33.00 price target (up previously from $28.00) on shares of Everbridge in a report on Tuesday, November 7th. Finally, ValuEngine raised shares of Everbridge from a “sell” rating to a “hold” rating in a report on Monday, September 18th. One analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $31.00.

Everbridge (EVBG) opened at $27.15 on Monday. Everbridge has a fifty-two week low of $16.63 and a fifty-two week high of $29.99.

In other news, SVP Elliot J. Mark sold 2,500 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $26.81, for a total transaction of $67,025.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Scott Burnett sold 8,695 shares of the stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $23.38, for a total transaction of $203,289.10. Following the transaction, the senior vice president now owns 199 shares of the company’s stock, valued at $4,652.62. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 149,529 shares of company stock valued at $3,948,164. Company insiders own 41.40% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Legal & General Group Plc boosted its stake in shares of Everbridge by 196.3% during the 2nd quarter. Legal & General Group Plc now owns 4,355 shares of the technology company’s stock worth $107,000 after buying an additional 2,885 shares during the last quarter. Fortaleza Asset Management Inc. acquired a new position in shares of Everbridge during the 2nd quarter worth about $166,000. Nationwide Fund Advisors boosted its stake in shares of Everbridge by 210.1% during the 2nd quarter. Nationwide Fund Advisors now owns 9,590 shares of the technology company’s stock worth $234,000 after buying an additional 6,497 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Everbridge during the 2nd quarter worth about $288,000. Finally, US Bancorp DE acquired a new position in shares of Everbridge during the 2nd quarter worth about $292,000. Institutional investors own 65.40% of the company’s stock.

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About Everbridge

Everbridge, Inc is a global software company. The Company provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to keep people safe and businesses running. During public safety threats, such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events, such as information technology (IT) outages, cyber-attacks or other incidents, such as product recalls or supply-chain interruptions, its Software as a Service (SaaS)-based platform enables its 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.

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Earnings History and Estimates for Everbridge (NASDAQ:EVBG)

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