NasdaqGM:EVBG

Stock Analysis Report

Executive Summary

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

Rewards

Revenue is forecast to grow 20.58% per year

Risk Analysis

Earnings are forecast to decline by an average of -3.8% per year for the next 3 years

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year



Snowflake Analysis

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

Stable Share Price: EVBG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.0%

EVBG

1.7%

US Software

1.5%

US Market


1 Year Return

41.2%

EVBG

42.3%

US Software

20.1%

US Market

Return vs Industry: EVBG underperformed the US Software industry which returned 42.2% over the past year.

Return vs Market: EVBG exceeded the US Market which returned 20.1% over the past year.


Shareholder returns

EVBGIndustryMarket
7 Day-1.0%1.7%1.5%
30 Day4.2%7.7%1.4%
90 Day7.8%18.4%8.7%
1 Year41.2%41.2%43.9%42.3%22.7%20.1%
3 Year384.9%384.9%152.8%142.4%50.1%40.5%
5 Yearn/a224.7%201.5%73.1%54.1%

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?

14.7x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: EVBG ($91.88) is trading above our estimate of fair value ($36.6)

Significantly Below Fair Value: EVBG is trading above our estimate of fair value.


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 (14.7x) compared to the US Software industry average (6x).


Next Steps

Future Growth

How is Everbridge forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

-3.8%

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 (20.6% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: EVBG's revenue (20.6% 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 (4.9%).


Next Steps

Past Performance

How has Everbridge performed over the past 5 years?

-49.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVBG is currently unprofitable.

Growing Profit Margin: EVBG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EVBG is unprofitable, and losses have increased over the past 5 years at a rate of -49.3% 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 (17.1%).


Return on Equity

High ROE: EVBG has a negative Return on Equity (-23.18%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Everbridge's financial position?


Financial Position Analysis

Short Term Liabilities: EVBG's short term assets ($268.5M) exceed its short term liabilities ($152.5M).

Long Term Liabilities: EVBG's short term assets ($268.5M) exceed its long term liabilities ($116.1M).


Debt to Equity History and Analysis

Debt Level: EVBG's debt to equity ratio (46.3%) 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 2.7x 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%industryaverage1.2%forecastin3Years0%

Current dividend yield vs market & industry

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.


Stability and Growth of Payments

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

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

David Meredith (47yo)

0.6yrs

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Jaime Ellertson
Executive Chairman8.9yrsUS$6.37m0.32% $9.8m
James Totton
Executive VP of Product Management2yrsUS$8.53mno data
Imad Mouline
CTO & Senior VP8.4yrsUS$1.42m0.18% $5.6m
Kenneth Goldman
Consulting Advisor0.7yrsUS$428.94kno data
David Meredith
CEO & Director0.6yrsno datano data
Patrick Brickley
Senior VP0.9yrsno data0.038% $1.2m
Phillip Huff
Chief Accounting Officer1.1yrsno data0.015% $475.6k
Howard Goldman
Vice President of Finance & Administration0yrsno datano data
Elliot Mark
Senior VP4.3yrsUS$851.03k0.035% $1.1m
Joel Rosen
Chief Marketing Officer4.1yrsUS$1.30mno data

1.1yrs

Average Tenure

58yo

Average Age

Experienced Management: EVBG's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jaime Ellertson
Executive Chairman8.9yrsUS$6.37m0.32% $9.8m
David Meredith
CEO & Director0.6yrsno datano data
Bruns Grayson
Lead Independent Director0yrsUS$151.90k0.18% $5.5m
Richard D'Amore
Non-Employee Director4.8yrsUS$155.40kno data
Kent Mathy
Non-Employee Director7.5yrsUS$151.90k0.0074% $229.7k
Sharon Rowlands
Director1.1yrsno data0.0049% $151.5k
Alison Dean
Director1.6yrsUS$260.55k0.0049% $151.5k
Simon Paris
Independent Director0yrsno datano data

3.2yrs

Average Tenure

59.5yo

Average Age

Experienced Board: EVBG's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EVBG insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.7%.


Top Shareholders

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$3.105b
  • Shares outstanding: 33.79m
  • 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 that address tasks an organization has to perform to manage a critical event, including Mass Notification that enables enterprises and governmental entities to send notifications to individuals or groups to keep them informed before, during, and after natural or man-made disasters, and other emergencies; Safety Connection that enables organizations to send notifications based on last known location of an individual; Incident Management that enables organizations to automate workflows and make their communications relevant; and IT Alerting that enables IT professionals to alert and communicate with members of their teams during an IT incident or outage. Its software applications also include Visual Command Center that enables customers to monitor and integrate threat data, as well as information on internal incidents; Population Alerting that is used to reach international mobile populations; Community Engagement that integrates emergency management and community outreach; Crisis Commander that provides mobile access to crisis, recovery, and brand protection plans, as well as the capability to manage a crisis or event; and Secure Messaging that offers an alternative way for organization’s employees to communicate and share nonpublic information. The company provides customer support services. It serves enterprises, small businesses, non-profit organizations, educational institutions, and government agencies in technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, higher education, and professional services industries. The company was formerly known as 3n Global, Inc. and changed its name to Everbridge, Inc. in April 2009. The company was founded in 2002 and is headquartered in Burlington, Massachusetts. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 01:29
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
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.