Evaluating the Ups and Downs of Everbridge Inc’s (EVBG) Stock

In the past week, EVBG stock has gone down by -0.34%, with a monthly decline of -0.43% and a quarterly surge of 22.66%. The volatility ratio for the week is 0.13%, and the volatility levels for the last 30 days are 0.26% for Everbridge Inc The simple moving average for the past 20 days is -0.05% for EVBG’s stock, with a 31.17% simple moving average for the past 200 days.

Is It Worth Investing in Everbridge Inc (NASDAQ: EVBG) Right Now?

Additionally, the 36-month beta value for EVBG is 1.00. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 4 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for EVBG is 40.79M and currently, short sellers hold a 2.77% ratio of that float. The average trading volume of EVBG on May 27, 2024 was 741.40K shares.

EVBG) stock’s latest price update

Everbridge Inc (NASDAQ: EVBG)’s stock price has gone decline by -0.03 in comparison to its previous close of 34.76, however, the company has experienced a -0.34% decrease in its stock price over the last five trading days. businesswire.com reported 2024-05-09 that BURLINGTON, Mass.–(BUSINESS WIRE)–Everbridge, Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced its financial results for the first quarter ended March 31, 2024. Revenue for the first quarter was up 3% year-over-year to $111.4 million, and GAAP net loss was $(20.1) million, compared to $(14.6) million for the first quarter of 2023. First Quarter 2024 Financial Highlights Total revenue was $111.4 million, an increas.

Analysts’ Opinion of EVBG

Needham, on the other hand, stated in their research note that they expect to see EVBG reach a price target of $35. The rating they have provided for EVBG stocks is “Buy” according to the report published on July 11th, 2023.

Stephens gave a rating of “Equal-Weight” to EVBG, setting the target price at $34 in the report published on April 21st of the previous year.

EVBG Trading at -0.16% from the 50-Day Moving Average

After a stumble in the market that brought EVBG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.66% of loss for the given period.

Volatility was left at 0.26%, however, over the last 30 days, the volatility rate increased by 0.13%, as shares sank -0.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.09% upper at present.

During the last 5 trading sessions, EVBG fell by -0.34%, which changed the moving average for the period of 200-days by +59.55% in comparison to the 20-day moving average, which settled at $34.76. In addition, Everbridge Inc saw 42.95% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at EVBG starting from Barney Bryan Reed, who sale 3,344 shares at the price of $34.84 back on Apr 01 ’24. After this action, Barney Bryan Reed now owns 15,595 shares of Everbridge Inc, valued at $116,517 using the latest closing price.

Barney Bryan Reed, the Chief Product Officer of Everbridge Inc, sale 5,772 shares at $35.24 during a trade that took place back on Mar 01 ’24, which means that Barney Bryan Reed is holding 11,719 shares at $203,385 based on the most recent closing price.

Stock Fundamentals for EVBG

Current profitability levels for the company are sitting at:

  • -0.12 for the present operating margin
  • 0.67 for the gross margin

The net margin for Everbridge Inc stands at -0.12. The total capital return value is set at -0.09. Equity return is now at value -18.15, with -4.99 for asset returns.

Based on Everbridge Inc (EVBG), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 1.26. The interest coverage ratio of the stock is -47.11.

Currently, EBITDA for the company is 11.17 million with net debt to EBITDA at -44.68. When we switch over and look at the enterprise to sales, we see a ratio of 3.77. The receivables turnover for the company is 4.2for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.

Conclusion

In conclusion, Everbridge Inc (EVBG) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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