Everbridge stock: buy or sell?

EVBG stock price: $98.76 -0.46% At close on July 15th, 2019

Updated on:
July 15th, 2019

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After climbing to all-time highs several times in past weeks, Everbridge decreased -0.46% to $98.76. Last session broke a streak of 4 green days in a row.

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. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 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?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we collected 15 ratings published for EVBG stock in the last 30 days.

The general sentiment of these ratings is bullish for EVBG stock, with 11 positive ratings.
Is EVBG a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-6-21Northland Securitiesn/aOutperform
2019-6-21Canaccord Genuityn/aBuy
2019-6-21Canaccord Genuityn/aBuy
2019-6-20SunTrust BanksBuyPositive
2019-6-20Robert W. BairdOutperformPositive
2019-6-20Needham & Company LLCBuyBuy
2019-6-20Needham & Company LLCn/aBuy
2019-6-20KeyCorpn/aHold
2019-6-20Bank of American/aBuy
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

Everbridge stock analysis

Daily outlook

Even closing in red ($98.76, -0.46%), Everbridge marked new all time high at $99.67.

Everbridge shares touched new all time highs back again today, marking to $99.67. Shares closed at $98.76 and decreased -0.46%. EVBG shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom on Jun/26, EVBG climbed unceasignly breaking out to new all time highs. Since last Jun/4 when EVBG stock price broke up the SMA50d line, it gained $24.16 (32.39%).

EVBG stock chart (daily)

Weekly outlook

Everbridge topped new all time highs again this week, setting highs to $99.67. Shares ended at $98.76 and remained steady -0.46% during the week. Last week EVBG climbed a wonderful 5.50% in just one week.

In a weekly time frame, Everbridge stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, EVBG might consolidate in a flat-base, waiting to break out over or down under . Since late December 2018 when EVBG stock price broke up the SMA40w line, it gained $49.46 (100.32%). Late January, SMA10w and SMA20w crossed up triggering a rise of 61.56%.

EVBG stock chart (weekly)

Everbridge stock price history

Everbridge stock went public on September 16th, 2016 with a price of $12.301. Since then, EVBG stock surged a 702.90%, with an average of 351.50% per year. If you had invested right after EVBG's IPO a $1,000 in Everbridge stock in 2016, it would worth $7,029.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Everbridge stock historical price chart

EVBG stock reached all-time highs today with a price of $99.67.

Everbridge stock price target is $94.50

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' EVBG stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 13 price targets for EVBG stock posted in the last 30 days:
EVBG stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-21Northland SecuritiesRaises Target$83.00$105.0026.5%
2019-6-21Canaccord GenuityReiterates$85.00$105.0023.5%
2019-6-21Canaccord GenuityRaises Target$85.00$105.0023.5%
2019-6-20SunTrust BanksRaises Targetn/a$100.00-
2019-6-20Robert W. BairdReiterates$85.00$100.0017.6%
2019-6-20Needham & Company LLCReiterates$85.00$100.0017.6%
2019-6-20Needham & Company LLCRaises Target$85.00$100.0017.6%
2019-6-20Bank of AmericaRaises Target$85.00$102.0020%
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-
(in average)$81.30$94.5016.0%
Moving in a range from $105.00 and $73.00, the price target for Everbridge stock is $94.50. In average, analysts' outlook on EVBG price forecast is positive, improving the forecast by a 16.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Everbridge didn't meet the estimates of the experts and reported an ugly EPS of $-0.28 per share when experts were expecting $-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

In 2018, Everbridge annual revenues climbed an outstanding 40.96% to $147.09 M USD from $104.35 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) plummed a -13.49% to -32.30%.

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 million in revenues for 2018-Q4, a 7.46% up compared to previous quarter. Reported quarter income marked $-9.81 M with a profit margin of -23.44%. Profit margin declined a -1.73% compared to previous quarter when profit margin was -21.71%. When comparing sales to same quarter last year, Everbridge sales marked an extraordinary growth and boosted a 43.37%. Looking back to recent quarterly results, Everbridge posted 7 positive 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 a stock, it's always worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Everbridge, 1.71% of all outstanding shares are owned by its staff.

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$2.8 B$20.7 B
Total shares28.8 M94.3 M
Float shares32.4 M93.5 M
  - Institutional holdings (%)90.4%83.9%
  - Insider holdings (%)1.7%2.8%
Shares in short selling0.0%0.0%

Everbridge summary

Monday, July 15th, 2019
Open$99.60
Close$98.76
Day range$97.41 - $99.67
Previous close$99.22
Session gain-0.46%
Average true range$2.70
50d mov avg$85.31
100d mov avg$78.77
200d mov avg$66.76
Daily patternlb03c
Weekly pattern lt06a

Everbridge performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected Array as the bechmarking frame for Everbridge stock.
Stock3m6m12m
EVBGEverbridge46.57%72.78%98.91%
PANWPalo Alto Network...-6.71%8.05%2.62%

Everbridge competitors

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