Everbridge, Inc. (NASDAQ:EVBG) has a beta value of 0.65 and has seen 329,741 shares traded in the last trading session. The company, currently valued at $4.32 Billion, closed the last trade at $123.67 per share which meant it gained $1.7 on the day or 1.39% during that session. The EVBG stock price is -34.06% off its 52-week high price of $165.79 and 38.13% above the 52-week low of $76.52. If we look at the company’s 10-day average daily trading volume, we find that it stood at 403.69 Million shares traded. The 3-month trading volume is 480.32 Million shares.
Everbridge, Inc. (NASDAQ:EVBG) trade information
Sporting 1.39% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Nov 20 when the EVBG stock price touched $125.64 or saw a rise of 1.57%. Year-to-date, Everbridge, Inc. shares have moved 58.39%, while the 5-day performance has seen it change 4.72%. Over the past 30 days, the shares of Everbridge, Inc. (NASDAQ:EVBG) have changed -2.25%. Short interest in the company has seen 4.31 Million shares shorted with days to cover at 0.01.
Everbridge, Inc. (EVBG) estimates and forecasts
Figures show that Everbridge, Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -8.75% over the past 6 months, with this year growth rate of -80.95%, compared to 9.7% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -60% and 62.5% for the next quarter. Revenue growth from the last financial year stood is estimated to be +33.4%.
14 analysts offering their estimates for the company have set an average revenue estimate of $71.56 Million for the current quarter. 12 have an estimated revenue figure of $74.92 Million for the next quarter concluding in March 01, 2021. Year-ago sales stood $57.11 Million and $57.67 Million respectively for this quarter and the next, and analysts expect sales will grow by 25.3% for the current quarter and 29.9% for the next.
Earnings growth for 2020 is a modest +3.5%.
Everbridge, Inc. (NASDAQ:EVBG)’s Major holders
Insiders own 0.57% of the company shares, while shares held by institutions stand at 112.81% with a share float percentage of 113.46%. Investors are also buoyed by the number of investors in a company, with Everbridge, Inc. having a total of 423 institutions that hold shares in the company. The top two institutional holders are Select Equity Group, Inc. with over 3.68 Million shares worth more than $463.26 Million. As of September 29, 2020, Select Equity Group, Inc. held 10.54% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 3.16 Million shares as of September 29, 2020. The firm’s total holdings are worth over $396.93 Million and represent 9.03% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Alger Small Cap Focus Fund and Vanguard Total Stock Market Index Fund. As of July 30, 2020, the former fund manager holds about 3.15% shares in the company for having 1101915 shares of worth $157.35 Million while later fund manager owns 980.23 Thousand shares of worth $135.62 Million as of June 29, 2020, which makes it owner of about 2.8% of company’s outstanding stock.