This is why Everbridge Inc (EVBG) Stock is one of the options for the Longer run

A share price of Everbridge Inc [EVBG] is currently trading at $34.86, saw in change for the day. An important factor to consider is whether the stock is rising or falling in short-term value. The EVBG shares have gain 0.03% over the last week, with a monthly amount glided 0.40%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Everbridge Inc [NASDAQ: EVBG] stock has seen the most recent analyst activity on December 20, 2023, when Wells Fargo downgraded its rating to a Underweight. Previously, Needham upgraded its rating to Buy on July 11, 2023, and kept the price target unchanged to $35. On April 21, 2023, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $34 on the stock. Wells Fargo reiterated its Equal Weight rating and decreased its price target to $36 on February 25, 2022. Stifel reiterated its recommendation of a Hold and reduced its price target to $40 on February 25, 2022. Stephens reiterated a Overweight rating for this stock on February 25, 2022, and downed its price target to $58. In a note dated February 25, 2022, Raymond James reiterated an Outperform rating on this stock and revised its target price from $80 to $50.

Everbridge Inc experienced fluctuations in its stock price throughout the past year between $18.50 and $35.70. Currently, Wall Street analysts expect the stock to reach $43.2 within the next 12 months. Everbridge Inc [NASDAQ: EVBG] shares were valued at $34.86 at the most recent close of the market. An investor can expect a potential return of 23.92% based on the average EVBG price forecast.

Analyzing the EVBG fundamentals

Trailing Twelve Months sales for Everbridge Inc [NASDAQ:EVBG] were 448.79M which represents -1.17% decline. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.16 and Total Capital is -0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.2.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 34.85 points at the first support level, and at 34.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.87, and for the 2nd resistance point, it is at 34.88.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Everbridge Inc [NASDAQ:EVBG] is 0.69. On the other hand, the Quick Ratio is 0.69, and the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 3.22, the price to book ratio is 4.75.

Transactions by insiders

Recent insider trading involved Barney Bryan Reed, Chief Product Officer, that happened on Apr 01 ’24 when 3344.0 shares were sold. Chief Product Officer, Barney Bryan Reed completed a deal on Mar 01 ’24 to sell 5772.0 shares. Meanwhile, Chief Revenue Officer Di Leo John P. sold 5037.0 shares on Mar 01 ’24.

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