NasdaqGM:EVBG

Stock Analysis Report

Executive Summary

Everbridge, Inc. operates as a software company in the United States and internationally.

Snowflake

Fundamentals

Adequate balance sheet with limited growth.


Similar Companies

Share Price & News

How has Everbridge's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.3%

EVBG

-4.4%

US Software

0.07%

US Market


1 Year Return

34.1%

EVBG

19.3%

US Software

8.9%

US Market

Return vs Industry: EVBG exceeded the US Software industry which returned 19.3% over the past year.

Return vs Market: EVBG exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

EVBGIndustryMarket
7 Day-4.3%-4.4%0.07%
30 Day3.5%-4.4%-0.3%
90 Day-33.3%-9.3%-1.6%
1 Year34.1%34.1%21.1%19.3%11.3%8.9%
3 Year350.7%350.7%108.2%99.8%46.3%36.8%
5 Yearn/a157.9%139.3%62.1%44.3%

Price Volatility Vs. Market

How volatile is Everbridge's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Everbridge undervalued compared to its fair value and its price relative to the market?

32.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EVBG ($68.41) is trading below our estimate of fair value ($101.69)

Significantly Below Fair Value: EVBG is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: EVBG is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: EVBG is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EVBG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EVBG is overvalued based on its PB Ratio (12.2x) compared to the US Software industry average (5.3x).


Next Steps

Future Growth

How is Everbridge forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

2.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVBG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: EVBG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: EVBG is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: EVBG's revenue (24% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: EVBG's revenue (24% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EVBG's Return on Equity is forecast to be low in 3 years time (3.1%).


Next Steps

Past Performance

How has Everbridge performed over the past 5 years?

-52.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EVBG is unprofitable, and losses have increased over the past 5 years at a rate of -52.2% per year.

Accelerating Growth: Unable to compare EVBG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EVBG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (19.1%).


Return on Equity

High ROE: EVBG has a negative Return on Equity (-23.96%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: EVBG is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: EVBG is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Everbridge's financial position?


Financial Position Analysis

Short Term Liabilities: EVBG's short term assets ($299.1M) exceeds its short term liabilities ($124.8M)

Long Term Liabilities: EVBG's short term assets (299.1M) exceeds its long term liabilities (114.3M)


Debt to Equity History and Analysis

Debt Level: EVBG's debt to equity ratio (52%) is considered high

Reducing Debt: EVBG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

Inventory Level: EVBG has a low level of unsold assets or inventory.

Debt Coverage by Assets: EVBG's debt is covered by short term assets (assets are 3.1x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: EVBG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if EVBG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Everbridge's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate EVBG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EVBG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if EVBG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EVBG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EVBG's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Everbridge's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

David Meredith (47yo)

0.3yrs

Tenure

0

Mr. David Meredith serves as Chief Executive Officer and Director at Everbridge, Inc. since July 15, 2019. He served as Chief Operating Officer at Rackspace US, Inc. since December 2018 until July 2019. Mr ...


Management Age and Tenure

0.8yrs

Average Tenure

58yo

Average Age

Experienced Management: EVBG's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

2.9yrs

Average Tenure

60yo

Average Age

Experienced Board: EVBG's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$1,798,84422 Jul 19
Bruns Grayson
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares22,500
Max PriceUS$79.95
SellUS$842,72419 Jul 19
Imad Mouline
EntityIndividual
Role
Chief Technology Officer
CTO & Senior VP
Shares8,641
Max PriceUS$97.53
SellUS$76,86015 May 19
Phillip Huff
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares1,000
Max PriceUS$76.86
SellUS$119,11517 Apr 19
Imad Mouline
EntityIndividual
Role
Chief Technology Officer
CTO & Senior VP
Shares1,642
Max PriceUS$72.54
SellUS$39,83126 Feb 19
Phillip Huff
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares557
Max PriceUS$71.51
SellUS$1,392,27226 Feb 19
Bruns Grayson
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares20,000
Max PriceUS$69.61
SellUS$698,36318 Jan 19
Robert Hughes
EntityIndividual
Shares12,822
Max PriceUS$54.47
SellUS$161,17918 Jan 19
Imad Mouline
EntityIndividual
Role
Chief Technology Officer
CTO & Senior VP
Shares3,000
Max PriceUS$53.73
SellUS$431,98113 Dec 18
Robert Hughes
EntityIndividual
Shares8,075
Max PriceUS$54.76
SellUS$82,36306 Nov 18
Imad Mouline
EntityIndividual
Role
Chief Technology Officer
CTO & Senior VP
Shares1,641
Max PriceUS$50.19

Ownership Breakdown


Management Team

  • Ken Goldman (60yo)

    Consulting Advisor

    • Tenure: 0.3yrs
    • Compensation: US$428.94k
  • Joel Rosen (61yo)

    Chief Marketing Officer

    • Tenure: 3.8yrs
    • Compensation: US$1.30m
  • Jaime Ellertson (61yo)

    Executive Chairman

    • Tenure: 8.6yrs
    • Compensation: US$6.37m
  • Elliot Mark (54yo)

    Senior VP

    • Tenure: 3.9yrs
    • Compensation: US$851.03k
  • Imad Mouline (49yo)

    CTO & Senior VP

    • Tenure: 8.1yrs
    • Compensation: US$1.42m
  • Howard Goldman

    Vice President of Finance & Administration

    • Tenure: 0yrs
  • Jim Totton (63yo)

    Executive VP of Product Management

    • Tenure: 1.7yrs
    • Compensation: US$8.53m
  • David Meredith (47yo)

    CEO & Director

    • Tenure: 0.3yrs
  • Phillip Huff (58yo)

    Chief Accounting Officer

    • Tenure: 0.8yrs
  • Patrick Brickley (42yo)

    Senior VP

    • Tenure: 0.6yrs

Board Members

  • Bruns Grayson (71yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$151.90k
  • Rich D’Amore (66yo)

    Non-Employee Director

    • Tenure: 4.5yrs
    • Compensation: US$155.40k
  • Kent Mathy (59yo)

    Non-Employee Director

    • Tenure: 7.2yrs
    • Compensation: US$151.90k
  • Jaime Ellertson (61yo)

    Executive Chairman

    • Tenure: 8.6yrs
    • Compensation: US$6.37m
  • Sharon Rowlands (60yo)

    Director

    • Tenure: 0.8yrs
  • Alison Dean (54yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$260.55k
  • David Meredith (47yo)

    CEO & Director

    • Tenure: 0.3yrs

Company Information

Everbridge, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Everbridge, Inc.
  • Ticker: EVBG
  • Exchange: NasdaqGM
  • Founded: 2002
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$2.296b
  • Shares outstanding: 33.56m
  • Website: https://www.everbridge.com

Number of Employees


Location

  • Everbridge, Inc.
  • 25 Corporate Drive
  • Suite 400
  • Burlington
  • Massachusetts
  • 1803
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
20000000DB (Deutsche Boerse AG)YesCommon StockDEEURSep 2016
EVBGNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDSep 2016

Biography

Everbridge, Inc. operates as a software company in the United States and internationally. The company’s Critical Event Management, a software as a service based platform with various software applications  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/24 00:29
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.