Everbridge stock: buy or sell?

EVBG stock price: $81.45 2.31% At close on May 21st, 2019

Updated on:
May 21st, 2019

0

After topping to all time highs on Friday, Everbridge jumped 2.31% to $81.45.

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:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

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.
Is EVBG a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-5-7SunTrust Banksn/aBuy
2019-5-7Raymond Jamesn/aOutperform
2019-5-7Credit Suisse Groupn/aOutperform
2019-5-7Bank of American/aBuy
2019-2-6JPMorgan Chase & Co.n/aNeutral
2019-2-20SunTrust Banksn/aBuy
2019-2-20Robert W. Bairdn/aOutperform
2019-2-20Needham & Company LLCn/aBuy
2019-2-20Canaccord Genuityn/aBuy
2019-1-2SunTrust Banksn/aBuy

Everbridge stock analysis

Daily outlook

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.

EVBG stock chart (daily)

Weekly outlook

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%).

EVBG stock chart (weekly)

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 $78.00

Nobody 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:
EVBG stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-5-7SunTrust BanksRaises Targetn/a$87.00-
2019-5-7Raymond JamesRaises Target$70.00$82.0017.1%
2019-5-7Credit Suisse GroupRaises Target$72.00$85.0018.1%
2019-5-7Bank of AmericaRaises Target$78.00$85.009%
2019-2-20SunTrust BanksRaises Targetn/a$73.00-
2019-2-20Robert W. BairdReiterates$67.00$75.0011.9%
2019-2-20Needham & Company LLCRaises Targetn/a$75.00-
2019-2-20Canaccord GenuityReiterates$57.00$75.0031.6%
2019-1-2SunTrust BanksRaises Targetn/a$65.00-
(in average)$68.80$78.0013.0%
The price prediction for Everbridge stock is $78.00, moving in a range between $87.00 and $65.00. In average, analysts' outlook on EVBG price forecast is positive, upgrading the prediction by a 13.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Everbridge let down analysts on February when it published an Earnings per Share (EPS) of $-0.28 when the analysts' forecast was $-0.29.
EVBG earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.23n/a
2017-Q2-n/a-0.12n/a
2017-Q3-n/a-0.15n/a
2017-Q42018-02-21-0.15-0.17n/a
2018-Q12018-05-07-0.4-0.4n/a
2018-Q22018-08-06-0.44-0.53n/a
2018-Q32018-11-05-0.28-0.23n/a
2018-Q42019-02-19-0.29-0.28n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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.

EVBG annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$30 M-$-0.89 M-3.0%-
2014$42 M41.22%$-0.62 M-1.5%-29.92%
2015$59 M38.42%$-10.82 M-18.4%1,637.40%
2016$77 M30.87%$-11.29 M-14.7%4.27%
2017$104 M35.79%$-19.63 M-18.8%73.97%
2018$147 M40.96%$-47.52 M-32.3%142.00%

Quarterly financial results

Everbridge 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.
EVBG quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$23 M-$-6.20 M-27.1%-
2017-Q2$25 M9.54%$-3.44 M-13.7%-44.52%
2017-Q3$27 M9.16%$-4.23 M-15.5%22.99%
2017-Q4$29 M6.82%$-5.76 M-19.8%36.23%
2018-Q1$31 M4.61%$-12.34 M-40.4%114.12%
2018-Q2$36 M17.38%$-16.92 M-47.2%37.08%
2018-Q3$39 M8.66%$-8.45 M-21.7%-50.05%
2018-Q4$42 M7.46%$-9.81 M-23.4%16.04%

Everbridge ownership

When 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:

EVBGPANW
Market cap$2.7 B$21.7 B
Total shares32.9 M95.5 M
Float shares32.1 M91.3 M
  - Institutional holdings (%)90.4%83.9%
  - Insider holdings (%)1.7%2.8%
Shares in short selling0.0%0.0%

Everbridge summary

Tuesday, May 21st, 2019
Open$80.53
Close$81.45
Day range$80.16 - $82.41
Previous close$79.61
Session gain2.31%
Average true range$3.14
50d mov avg$74.50
100d mov avg$68.37
200d mov avg$61.09
Daily patternlb03a
Weekly pattern lt06a

Everbridge performance

Stocks 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.
Stock3m6m12m
EVBGEverbridge16.36%73.22%86.00%
PANWPalo Alto Network...-1.03%36.86%8.82%

Everbridge competitors

Creating a list of competitors for Everbridge it's tough. We selected just one public company that in our opinion is related to and can be considered Everbridge competitor: