Throughout the last three months, 4 analysts have evaluated Everbridge EVBG, offering a diverse set of opinions from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 1 | 2 | 0 | 1 |
Last 30D | 0 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 1 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 1 | 1 | 0 | 1 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $23.9, a high estimate of $28.60, and a low estimate of $20.00. A 10.39% drop is evident in the current average compared to the previous average price target of $26.67.
Decoding Analyst Ratings: A Detailed Look
The perception of Everbridge by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Michael Walkley | Canaccord Genuity | Announces | Hold | $28.60 | - |
Kash Rangan | Goldman Sachs | Lowers | Sell | $23.00 | $27.00 |
Terry Tillman | Truist Securities | Lowers | Hold | $20.00 | $23.00 |
Alexander Sklar | Raymond James | Lowers | Outperform | $24.00 | $30.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Everbridge. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Everbridge compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Everbridge's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Everbridge's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Everbridge analyst ratings.
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Unveiling the Story Behind Everbridge
Everbridge Inc is a software company that provides enterprise software applications that automate and accelerate organizations' operational response to critical events to keep people safe and businesses running. The firm's SaaS-based Critical Event Management platform enables its customers to aggregate and assess threat data, locate people at risk and responders able to assist, and automate the execution of pre-defined communications processes and track progress on executing response plans. It serves a wide variety of industries including technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, higher education, and professional services. Geographically, the firm generates key revenue from the United States.
Breaking Down Everbridge's Financial Performance
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Everbridge's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.5% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 1.47%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Everbridge's ROE excels beyond industry benchmarks, reaching 0.57%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Everbridge's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.16%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.2, caution is advised due to increased financial risk.
The Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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