We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Everbridge (EVBG) Dips More Than Broader Markets: What You Should Know
Read MoreHide Full Article
Everbridge (EVBG - Free Report) closed the most recent trading day at $141.59, moving -0.79% from the previous trading session. This move lagged the S&P 500's daily loss of 0.38%. Elsewhere, the Dow lost 0.85%, while the tech-heavy Nasdaq added 0.43%.
Heading into today, shares of the software developer had lost 3.55% over the past month, lagging the Computer and Technology sector's gain of 6.92% and the S&P 500's gain of 6.78% in that time.
Wall Street will be looking for positivity from EVBG as it approaches its next earnings report date. This is expected to be August 6, 2020. The company is expected to report EPS of -$0.21, down 200% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $62.98 million, up 30.1% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.18 per share and revenue of $261.26 million. These totals would mark changes of +14.29% and +30.06%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for EVBG. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. EVBG currently has a Zacks Rank of #1 (Strong Buy).
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 111, putting it in the top 44% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Everbridge (EVBG) Dips More Than Broader Markets: What You Should Know
Everbridge (EVBG - Free Report) closed the most recent trading day at $141.59, moving -0.79% from the previous trading session. This move lagged the S&P 500's daily loss of 0.38%. Elsewhere, the Dow lost 0.85%, while the tech-heavy Nasdaq added 0.43%.
Heading into today, shares of the software developer had lost 3.55% over the past month, lagging the Computer and Technology sector's gain of 6.92% and the S&P 500's gain of 6.78% in that time.
Wall Street will be looking for positivity from EVBG as it approaches its next earnings report date. This is expected to be August 6, 2020. The company is expected to report EPS of -$0.21, down 200% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $62.98 million, up 30.1% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.18 per share and revenue of $261.26 million. These totals would mark changes of +14.29% and +30.06%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for EVBG. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. EVBG currently has a Zacks Rank of #1 (Strong Buy).
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 111, putting it in the top 44% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.