Everbridge stock: buy or sell?

EVBG stock price: $108.95 -3.33% At close on March 27th, 2020

Updated on:
March 27th, 2020

2

After marking all time highs on Tuesday, Everbridge fell -3.33% to $108.95. On Wednesday EVBG plummed a bloodcurdling -10.77%. On Tuesday EVBG climbed an outstanding 5.40%.

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. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Everbridge stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean EVBG will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Everbridge stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for EVBG stock for the last month.

Everbridge stock analysis

Daily outlook

After topping to all time highs on Tuesday, Everbridge fell -3.33% to $108.95.

Everbridge fell -3.33% to $108.95 after topping to all time highs on Tuesday. Since last Mar/2 when SMA100d and SMA200d crossed up, EVBG price gained $3.29 per share (3.11%). Since price and SMA200d lines crossed up on January, EVBG climbed $28.96 (36.20%). On Tuesday, EVBG hit a new all time high, pushing higher than on Mar 18th tops. Check different trading setups that use ATHs as triggers.

EVBG stock chart (daily)

Weekly outlook

Everbridge closed this week at $108.95 after marking a new all time high ($133.62) and skyrocketed a dazzling 8.66%. Last week EVBG collapsed a hair-raising -7.61% in just one week.

EVBG shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $94.01 last week. Previous top ($116.21) will play as a resistance in possible new gains. Late February, SMA20w and SMA40w crossed up triggering a rise of 3.79%. Early January EVBG price bounced up over the SMA of 40 weeks that acted as support stopping new slides.

EVBG stock chart (weekly)

Everbridge stock price history

Everbridge IPO was on September 16th, 2016 at $12.30 per share1. Since then, EVBG stock surged a 785.80%, with an average of 261.90% per year. If you had invested right after EVBG's IPO a $1,000 in Everbridge stock in 2016, it would worth $7,858.00 today.

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

Everbridge stock historical price chart

EVBG stock reached all-time highs on Tuesday with a price of $133.62.

Everbridge stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. 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 month we have not detected any price prediction for Everbridge stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Everbridge failed experts when it posted an Earnings per Share (EPS) of $-0.28 when the market consensus 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 turnover report draw a dazzling increase of 40.96% to $147.09 million dollars. By contrast, its profit margin (compared to sales) plunged 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 reported $41.83 M in revenues for 2018-Q4, a 7.46% improvement 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 revenues to same quarter last year, Everbridge sales marked an astounding growth and rocketed 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 have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Everbridge, 0.31% 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:

EVBG
Market cap$3.7 B
Total shares33.9 M
Float shares31.3 M
  - Institutional holdings (%)108.6%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

Everbridge summary

Friday, March 27th, 2020
Open$111.03
Close$108.95
Day range$106.01 - $111.73
Previous close$112.70
Session gain-3.33%
Average true range$13.52
50d mov avg$100.63
100d mov avg$91.40
200d mov avg$86.53
Daily pattern
Weekly pattern lb03a

Everbridge performance

To measure stock performance is always good to benchmark with competitors or related stocks. We compared Everbridge against in the following table:
Stock3m6m12m
EVBGEverbridge37.55%77.82%45.25%

Everbridge competitors

Unfortunately, we could not find any public company that could be defined as Everbridge competitor. This doesn't mean Everbridge does not have any competitor in the market, it's just we could not detected it.