Apigee Corporation is engaged in providing a software platform that allows businesses to design, deploy, and scale application program interfaces (APIs), as a connection layer between their core information technology (IT) systems and data and the applications, with which their customers, partners, employees and other users engage with the business. Its platform consists of the products, including Apigee Edge, Apigee Edge PRO, Apigee Link, Apigee Sense and Apigee Insights. Apigee Edge is an API-management solution. Apigee Insights is its predictive analytics software solution. Apigee Link is its Internet of Things (IoT) platform for connecting devices to the Internet, which is under development and in beta testing with certain customers. Apigee Sense is a bot prevention product. Apigee Edge PRO is a cloud-delivered service and is an API management for small and medium-sized businesses and divisions in a range of enterprises. It delivers its platform both in the cloud and on premises.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Application Software
- Sub-Industry: N/A
- Symbol: NASDAQ:APIC
- CUSIP: N/A
- Web: www.apigee.com
- 50 Day Moving Avg: $17.39
- 200 Day Moving Avg: $13.97
- 52 Week Range: $5.35 - $17.84
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -40.41
- P/E Growth: 0.000
- Net Margins: -45.11%
- Return on Equity: -68.81%
- Return on Assets: -32.74%
- Debt-to-Equity Ratio: 0.02%
- Current Ratio: 1.72%
- Quick Ratio: 1.72%
- Average Volume: 353,508 shs.
- Beta: 0.98
Frequently Asked Questions for Apigee Corp (NASDAQ:APIC)
What is Apigee Corp's stock symbol?
Apigee Corp trades on the NASDAQ under the ticker symbol "APIC."
How were Apigee Corp's earnings last quarter?
Apigee Corp (NASDAQ:APIC) released its earnings results on Wednesday, September, 14th. The company reported ($0.21) EPS for the quarter, topping analysts' consensus estimates of ($0.27) by $0.06. The business earned $25.10 million during the quarter, compared to analysts' expectations of $24.94 million. Apigee Corp had a negative net margin of 45.11% and a negative return on equity of 68.81%. The company's quarterly revenue was up 34.2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.38) earnings per share. View Apigee Corp's Earnings History.
Where is Apigee Corp's stock going? Where will Apigee Corp's stock price be in 2017?
5 equities research analysts have issued 12-month price targets for Apigee Corp's stock. Their forecasts range from $17.00 to $18.00. On average, they anticipate Apigee Corp's stock price to reach $17.45 in the next twelve months. View Analyst Ratings for Apigee Corp.
Who are some of Apigee Corp's key competitors?
Some companies that are related to Apigee Corp include Oracle (ORCL), SAP SE (SAP), Adobe Systems Incorporated (ADBE), salesforce.com, inc. (CRM), Intuit (INTU), Workday (WDAY), Red Hat (RHT), Mobileye NV (MBLY), ANSYS (ANSS), Cadence Design Systems (CDNS), Splunk (SPLK), CDK Global (CDK), Open Text Corp (OTEX), Shopify Inc (US) (SHOP), Fortinet (FTNT), LogMeIn (LOGM), Nuance Communications (NUAN) and Tableau Software (DATA).
When did Apigee Corp IPO?
(APIC) raised $87 million in an IPO on Friday, April 24th 2015. The company issued 5,100,000 shares at $16.00-$18.00 per share. Morgan Stanley, J.P. Morgan and Credit Suisse served as the underwriters for the IPO and Pacific Crest Securities, JMP Securities and Nomura were co-managers.
How do I buy Apigee Corp stock?
Shares of Apigee Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Apigee Corp stock cost?
One share of Apigee Corp stock can currently be purchased for approximately $17.38.
Earnings History for Apigee Corp (NASDAQ:APIC)Earnings History by Quarter for Apigee Corp (NASDAQ:APIC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|9/14/2016||Q4||($0.27)||($0.21)||$24.94 million||$25.10 million||View||Listen|
|5/25/2016||Q3||($0.27)||($0.25)||$23.17 million||$23.50 million||View||Listen|
|2/29/2016||Q2||($0.34)||($0.24)||$21.91 million||$22.90 million||View||Listen|
|12/1/2015||Q1||($0.41)||($0.38)||$19.78 million||$20.50 million||View||Listen|
|9/9/2015||Q415||($0.43)||($0.42)||$17.99 million||$18.70 million||View||Listen|
|6/9/2015||Q315||($1.23)||($0.57)||$16.69 million||$17.29 million||View||Listen|
Earnings Estimates for Apigee Corp (NASDAQ:APIC)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Apigee Corp (NASDAQ:APIC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Apigee Corp (NASDAQ:APIC)
Insider Ownership Percentage: 40.60%Insider Trades by Quarter for Apigee Corp (NASDAQ:APIC)
Institutional Ownership Percentage: 42.52%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/10/2016||Promod Haque||Director||Sell||299,589||$17.40||$5,212,848.60|| |
|6/17/2016||Shankar Ramaswamy||VP||Sell||1,500||$12.56||$18,840.00|| |
|6/7/2016||Shankar Ramaswamy||VP||Sell||15,636||$11.49||$179,657.64|| |
|5/18/2016||Shankar Ramaswamy||VP||Sell||15,636||$10.61||$165,897.96|| |
|9/29/2015||Chetan Kapoor||CEO||Buy||5,000||$10.03||$50,150.00|| |
|9/25/2015||Anant Jhingran||CTO||Buy||3,800||$10.73||$40,774.00|| |
|9/23/2015||Shankar Ramaswamy||VP||Buy||3,350||$9.74||$32,629.00|| |
|9/14/2015||Tim M Wan||CFO||Buy||4,000||$8.00||$32,000.00|| |
|6/25/2015||William D Jenkins Jr||Director||Buy||4,350||$11.45||$49,807.50|| |
|4/29/2015||Daniel S Loeb||Major Shareholder||Buy||300,000||$17.00||$5,100,000.00|| |
Headline Trends for Apigee Corp (NASDAQ:APIC)
Latest Headlines for Apigee Corp (NASDAQ:APIC)
Apigee Corp (APIC) Chart for Thursday, May, 25, 2017