Does Earnings Surprise History Hold Any Clue for Everbridge (NASDAQ:EVBG)

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Earnings results for Everbridge (NASDAQ:EVBG)

Everbridge, Inc. is expected* to report earnings on 11/05/2020 after market close. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.54. The reported EPS for the same quarter last year was $-0.29.

Everbridge last issued its earnings results on August 6th, 2020. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.27. The firm had revenue of $65.40 million for the quarter, compared to analysts’ expectations of $63 million. Its revenue for the quarter was up 35.1% on a year-over-year basis. Everbridge has generated ($1.22) earnings per share over the last year. Everbridge has confirmed that its next quarterly earnings report will be published on Thursday, November 5th, 2020.

Analyst Opinion on Everbridge (NASDAQ:EVBG)

12 Wall Street analysts have issued ratings and price targets for Everbridge in the last 12 months. Their average twelve-month price target is $149.83, predicting that the stock has a possible upside of 32.51%. The high price target for EVBG is $180.00 and the low price target for EVBG is $115.00. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Everbridge has received a consensus rating of Buy. The company’s average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $149.83, Everbridge has a forecasted upside of 32.5% from its current price of $113.07. Everbridge has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: Everbridge (NASDAQ:EVBG)

Everbridge does not currently pay a dividend. Everbridge does not have a long track record of dividend growth.

Insiders buying/selling: Everbridge (NASDAQ:EVBG)

In the past three months, Everbridge insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,283,008.00 in company stock. Only 0.75% of the stock of Everbridge is held by insiders.

Earnings and Valuation of Everbridge (NASDAQ:EVBG

Earnings for Everbridge are expected to decrease in the coming year, from ($1.53) to ($1.55) per share. The P/E ratio of Everbridge is -54.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Everbridge is -54.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Everbridge has a P/B Ratio of 17.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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