Everbridge stock: buy or sell?
May 21st, 2019
Everbridge, Inc., a software company, provides critical communications and enterprise safety applications that enable customers to automate and accelerate the process of keeping people safe and businesses running during critical events.
Should I buy Everbridge stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
These 2 buy setups match with Everbridge stock now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Everbridge stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 10 ratings published for EVBG stock in the last 30 days. The general sentiment of these ratings is bullish for EVBG stock, with 9 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-7||Credit Suisse Group||n/a||Outperform|
|2019-5-7||Bank of America||n/a||Buy|
|2019-2-6||JPMorgan Chase & Co.||n/a||Neutral|
|2019-2-20||Robert W. Baird||n/a||Outperform|
|2019-2-20||Needham & Company LLC||n/a||Buy|
Everbridge stock analysis
After marking all time highs on Friday, Everbridge jumped 2.31% to $81.45.
After topping to all time highs on Friday, Everbridge jumped 2.31% to $81.45. From a daily outlook perspective, EVBG is drawing an uptrend of rising tops and rising bottoms. Since its last top on Friday at $85.14, price slid and bounced up back from $78.66. Breaking down under $78.66 would cancel the current uptrend and it might slide further to test lower supports. Note that $85.14 might act as a resistance line. If Everbridge breakouts over $85.14 with average or higher volume, this would be a clear signal that the uptrend resumes. Since SMA50d and SMA100d crossed up on January, EVBG price climbed $20.73 per share (34.14%). Since price and SMA100d lines crossed up on January, EVBG climbed $28.53 (53.91%). On Friday, EVBG hit new all time highs, pushing higher previous ATH of $84.83 recorded on Thursday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
After climbing for 4 weeks, this week Everbridge declined a fateful -1.94%, closing at $81.45. By mid April EVBG plunged a chilling -8.52% in just one week. Early May EVBG rocketed an exceptional 7.03% in just one week.
Everbridge stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Everbridge marked last week. Since price and SMA40w lines crossed up late December 2018, EVBG climbed $32.15 (65.21%). Since SMA10d and SMA20w crossed up late January, EVBG price climbed $20.32 per share (33.24%).
Everbridge stock price history
Everbridge IPO was on September 16th, 2016 at $12.30 per share1. Since then, EVBG stock grew a 562.20%, with an average of 281.10% per year. If you had invested right after EVBG's IPO a $1,000 in Everbridge stock in 2016, it would worth $5,622.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Everbridge stock historical price chart
EVBG stock reached all-time highs on Friday with a price of $85.14.
Everbridge stock price target is $78.00Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 9 price forecasts for EVBG stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-5-7||SunTrust Banks||Raises Target||n/a||$87.00||-|
|2019-5-7||Raymond James||Raises Target||$70.00||$82.00||17.1%|
|2019-5-7||Credit Suisse Group||Raises Target||$72.00||$85.00||18.1%|
|2019-5-7||Bank of America||Raises Target||$78.00||$85.00||9%|
|2019-2-20||SunTrust Banks||Raises Target||n/a||$73.00||-|
|2019-2-20||Robert W. Baird||Reiterates||$67.00||$75.00||11.9%|
|2019-2-20||Needham & Company LLC||Raises Target||n/a||$75.00||-|
|2019-1-2||SunTrust Banks||Raises Target||n/a||$65.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareEverbridge let down analysts on February when it published an Earnings per Share (EPS) of $-0.28 when the analysts' forecast was $-0.29.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw an amazing growth of 40.96% to $147.09 M USD. However, its profit margin (compared to revenues) plummed to -32.30%, that is $-47.52 million.
|2013||$30 M||-||$-0.89 M-3.0%||-|
|2014||$42 M||41.22%||$-0.62 M-1.5%||-29.92%|
|2015||$59 M||38.42%||$-10.82 M-18.4%||1,637.40%|
|2016||$77 M||30.87%||$-11.29 M-14.7%||4.27%|
|2017||$104 M||35.79%||$-19.63 M-18.8%||73.97%|
|2018||$147 M||40.96%||$-47.52 M-32.3%||142.00%|
Quarterly financial resultsEverbridge posted $41.83 M in sales for 2018-Q4, a 7.46% up compared to previous quarter. Reported quarter income marked $-9.81 million with a profit margin of -23.44%. Profit margin slightly fell a -1.73% compared to previous quarter when profit margin was -21.71%. When comparing sales to same quarter last year, Everbridge sales marked a super good increase and rocketed a 43.37%. Looking back to recent quarterly results, Everbridge posted 7 negative quarters in a row.
|2017-Q1||$23 M||-||$-6.20 M-27.1%||-|
|2017-Q2||$25 M||9.54%||$-3.44 M-13.7%||-44.52%|
|2017-Q3||$27 M||9.16%||$-4.23 M-15.5%||22.99%|
|2017-Q4||$29 M||6.82%||$-5.76 M-19.8%||36.23%|
|2018-Q1||$31 M||4.61%||$-12.34 M-40.4%||114.12%|
|2018-Q2||$36 M||17.38%||$-16.92 M-47.2%||37.08%|
|2018-Q3||$39 M||8.66%||$-8.45 M-21.7%||-50.05%|
|2018-Q4||$42 M||7.46%||$-9.81 M-23.4%||16.04%|
Everbridge ownershipWhen you are planning to buy shares of a company, it's always worth to check its ownership structure.
Everbridge shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.71% of all shares.
Bearish positions for EVBG stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Everbridge:
|Market cap||$2.7 B||$21.7 B|
|Total shares||32.9 M||95.5 M|
|Float shares||32.1 M||91.3 M|
|- Institutional holdings (%)||90.4%||83.9%|
|- Insider holdings (%)||1.7%||2.8%|
|Shares in short selling||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$80.16 - $82.41|
|Average true range||$3.14|
|50d mov avg||$74.50|
|100d mov avg||$68.37|
|200d mov avg||$61.09|
Everbridge performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected Array as the bechmarking frame for Everbridge stock.
|PANWPalo Alto Network...||-1.03%||36.86%||8.82%|