Everbridge Inc. (NASDAQ:EVBG): An Opportunity for Fundamental Investors?

Everbridge Inc. (NASDAQ:EVBG) previous close was $146.69 while the outstanding shares total 34.74M. The firm has a beta of 0.76. EVBG’s shares traded lower over the last trading session, losing -0.16% on 02/11/21. The shares fell to a low of $144.56 before closing at $146.45. Intraday shares traded counted 0.19 million, which was 44.31% higher than its 30-day average trading volume of 349.10K. The stock’s Relative Strength Index (RSI) is 58.29, with weekly volatility at 4.22% and ATR at 6.24. The EVBG stock’s 52-week price range has touched low of $90.27 and a $165.79 high.

Investors have identified the Software – Application company Everbridge Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.97 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Everbridge Inc. (EVBG) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 586.94 million total, with 207.26 million as their total liabilities.

Having a look at the company’s valuation, the company is expected to record -1.67 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on EVBG sounds very interesting.

Is the stock of EVBG attractive?

In related news, SVP, Chief Financial Officer, Brickley Patrick sold 14,032 shares of the company’s stock in a transaction that recorded on Feb 01. The sale was performed at an average price of 132.60, for a total value of 1,860,660. As the sale deal closes, the Chief Product Officer, Nigam Ajay now sold 2,063 shares of the company’s stock, valued at 274,199. Also, SVP & General Counsel, Mark Elliot J. sold 1,000 shares of the company’s stock in a deal that was recorded on Jan 20. The shares were price at an average price of 140.48 per share, with a total market value of 140,485. Following this completion of acquisition, the VP, Chief Accounting Officer, HUFF PHILLIP E now holds 904 shares of the company’s stock, valued at 113,946. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.

8 out of 13 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Everbridge Inc.. 0 analysts has assigned a Sell rating on the EVBG stock. The 12-month mean consensus price target for the company’s shares has been set at $162.50.


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