Everbridge stock: buy or sell?
July 15th, 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. 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:
|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?
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-6-20||Robert W. Baird||Outperform||Positive|
|2019-6-20||Needham & Company LLC||Buy||Buy|
|2019-6-20||Needham & Company LLC||n/a||Buy|
|2019-6-20||Bank of America||n/a||Buy|
|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|
Everbridge stock analysis
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%).
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%.
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 $94.50Nobody 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-21||Northland Securities||Raises Target||$83.00||$105.00||26.5%|
|2019-6-21||Canaccord Genuity||Raises Target||$85.00||$105.00||23.5%|
|2019-6-20||SunTrust Banks||Raises Target||n/a||$100.00||-|
|2019-6-20||Robert W. Baird||Reiterates||$85.00||$100.00||17.6%|
|2019-6-20||Needham & Company LLC||Reiterates||$85.00||$100.00||17.6%|
|2019-6-20||Needham & Company LLC||Raises Target||$85.00||$100.00||17.6%|
|2019-6-20||Bank of America||Raises Target||$85.00||$102.00||20%|
|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||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%.
|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 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.
|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 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:
|Market cap||$2.8 B||$20.7 B|
|Total shares||28.8 M||94.3 M|
|Float shares||32.4 M||93.5 M|
|- Institutional holdings (%)||90.4%||83.9%|
|- Insider holdings (%)||1.7%||2.8%|
|Shares in short selling||0.0%||0.0%|
|Monday, July 15th, 2019|
|Day range||$97.41 - $99.67|
|Average true range||$2.70|
|50d mov avg||$85.31|
|100d mov avg||$78.77|
|200d mov avg||$66.76|
Everbridge performancePerformance 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.
|PANWPalo Alto Network...||-6.71%||8.05%||2.62%|