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: Technology
- Industry: IT Services & Consulting - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:APIC
- CUSIP: N/A
- Web: https://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: -40.42
- P/E Growth: 0.00
- Net Margins: -37.94%
- Return on Equity: -73.27%
- Return on Assets: -31.65%
- 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) posted its quarterly earnings data on Wednesday, September, 14th. The company reported ($0.21) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.27) by $0.06. The company earned $25.10 million during the quarter, compared to analyst estimates of $24.94 million. Apigee Corp had a negative net margin of 37.94% and a negative return on equity of 73.27%. The business's revenue for the quarter was up 34.2% on a year-over-year basis. During the same quarter last year, the firm posted ($0.38) EPS. 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 twelve-month target prices for Apigee Corp's shares. Their predictions range from $17.40 to $18.00. On average, they anticipate Apigee Corp's share price to reach $17.60 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 Accenture PLC (ACN), Automatic Data Processing (ADP), Cognizant Technology Solutions Corporation (CTSH), Vmware (VMW), Infosys Limited (INFY), Wipro Limited (WIT), CGI Group (GIB), Palo Alto Networks (PANW), Total System Services (TSS), Gartner (IT), VeriSign (VRSN), CDW Corporation (CDW), Amdocs Limited (DOX), Jack Henry & Associates (JKHY), Akamai Technologies (AKAM), F5 Networks (FFIV), Fortinet (FTNT) and LogMein (LOGM).
When did Apigee Corp IPO?
(APIC) raised $87 million in an initial public offering (IPO) on Friday, April 24th 2015. The company issued 5,100,000 shares at a price of $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.
What is Apigee Corp's stock price today?
MarketBeat Community Rating for Apigee Corp (NASDAQ APIC)MarketBeat's community ratings are surveys of what our community members think about Apigee Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
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, July, 27, 2017