NASDAQ:BAND - Bandwidth Stock Price, News, & Analysis

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$76.97 -0.85 (-1.09 %)
(As of 05/20/2019 01:26 PM ET)
Previous Close$77.82
Today's Range$76.08 - $77.90
52-Week Range$27.75 - $78.67
Volume11,831 shs
Average Volume254,410 shs
Market Capitalization$1.77 billion
P/E Ratio249.42
Dividend YieldN/A
Beta0.82
Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates through two segments, CPaaS and Other. Its platform enables enterprises to create, scale, and operate voice or text communications services across mobile application or connected device. The company also provides SIP trunking, data resale, and hosted voice over Internet protocol services. It serves large enterprises, small and medium-sized businesses, technology companies, and other business. Bandwidth Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:BAND
CUSIPN/A
Phone800-808-5150

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$204.11 million
Cash Flow$0.6256 per share
Book Value$11.39 per share

Profitability

Net Income$17.92 million

Miscellaneous

Employees611
Market Cap$1.77 billion
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable

Bandwidth (NASDAQ:BAND) Frequently Asked Questions

What is Bandwidth's stock symbol?

Bandwidth trades on the NASDAQ under the ticker symbol "BAND."

How were Bandwidth's earnings last quarter?

Bandwidth Inc (NASDAQ:BAND) issued its quarterly earnings results on Thursday, May, 2nd. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.25) by $0.13. The business had revenue of $53.30 million for the quarter, compared to analyst estimates of $51.35 million. Bandwidth had a negative return on equity of 2.45% and a net margin of 6.71%. The firm's revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 earnings per share. View Bandwidth's Earnings History.

When is Bandwidth's next earnings date?

Bandwidth is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Bandwidth.

What guidance has Bandwidth issued on next quarter's earnings?

Bandwidth issued an update on its FY19 earnings guidance on Thursday, May, 2nd. The company provided earnings per share guidance of ($0.51)-($0.44) for the period, compared to the Thomson Reuters consensus estimate of ($0.64). The company issued revenue guidance of $233.5-235.0 million, compared to the consensus revenue estimate of $232.61 million.Bandwidth also updated its FY 2019 guidance to $-0.51--0.44 EPS.

What price target have analysts set for BAND?

4 Wall Street analysts have issued 12-month price objectives for Bandwidth's stock. Their forecasts range from $74.00 to $80.00. On average, they anticipate Bandwidth's stock price to reach $76.00 in the next year. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for Bandwidth.

What is the consensus analysts' recommendation for Bandwidth?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bandwidth.

What are Wall Street analysts saying about Bandwidth stock?

Here are some recent quotes from research analysts about Bandwidth stock:
  • 1. According to Zacks Investment Research, "Bandwidth.com, Inc. provides cloud-based communications platform for enterprises primarily in the United States. The Company offers data Internet, voice/voice over Internet protocol, managed network and conferencing services. Bandwidth.com, Inc. is based in RALEIGH, United States. " (4/16/2019)
  • 2. KeyCorp analysts commented, "We have increasing confidence in the upside levers to cloud software API business models like AMZN, TWLO, BAND, and SEND. Thus, we are raising our estimates and increasing our price target on BAND to $64 from $45, rolling forward to CY20." (9/3/2018)

Has Bandwidth been receiving favorable news coverage?

Headlines about BAND stock have been trending somewhat negative on Monday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Bandwidth earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of Bandwidth's key competitors?

What other stocks do shareholders of Bandwidth own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bandwidth investors own include GW Pharmaceuticals PLC- (GWPH), Micron Technology (MU), NVIDIA (NVDA), Ulta Beauty (ULTA), Twilio (TWLO), Tesla (TSLA), Alibaba Group (BABA), Canopy Growth (WEED), NXP Semiconductors (NXPI) and Canopy Growth (CGC).

Who are Bandwidth's key executives?

Bandwidth's management team includes the folowing people:
  • Mr. David A. Morken, Co-Founder, CEO & Chairman (Age 50)
  • Mr. Jeffrey A. Hoffman, Chief Financial Officer (Age 50)
  • Mr. Scott Mullen, Chief Technology Officer
  • Mr. Steve Leonard, Chief Operating Officer (Age 44)
  • Mr. W. Christopher Matton, Gen. Counsel & Sec. (Age 49)

When did Bandwidth IPO?

(BAND) raised $84 million in an initial public offering (IPO) on Friday, November 10th 2017. The company issued 4,000,000 shares at $20.00-$22.00 per share. Morgan Stanley, KeyBanc Capital Markets and Baird acted as the underwriters for the IPO and Canaccord Genuity and JMP Securities were co-managers.

Who are Bandwidth's major shareholders?

Bandwidth's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (4.66%), Gilder Gagnon Howe & Co. LLC (2.40%), Victory Capital Management Inc. (2.33%), BlackRock Inc. (1.99%), Summit Partners Public Asset Management LLC (1.91%) and Jennison Associates LLC (1.79%). Company insiders that own Bandwidth stock include Brian D Bailey, Carmichael Bandwidth Llc, David A Morken, Gabriela Gonzalez, Henry R Kaestner, James A Bowen, Jeffrey A Hoffman, John C Murdock and W Christopher Matton. View Institutional Ownership Trends for Bandwidth.

Which institutional investors are selling Bandwidth stock?

BAND stock was sold by a variety of institutional investors in the last quarter, including Summit Partners Public Asset Management LLC, Renaissance Technologies LLC, Acadian Asset Management LLC, Oxford Asset Management LLP, Pier Capital LLC, Morgan Stanley, Monarch Partners Asset Management LLC and EAM Global Investors LLC. Company insiders that have sold Bandwidth company stock in the last year include Brian D Bailey, Carmichael Bandwidth Llc, David A Morken, Gabriela Gonzalez, Henry R Kaestner, James A Bowen, Jeffrey A Hoffman, John C Murdock and W Christopher Matton. View Insider Buying and Selling for Bandwidth.

Which institutional investors are buying Bandwidth stock?

BAND stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Victory Capital Management Inc., Loomis Sayles & Co. L P, Janus Henderson Group PLC, Jennison Associates LLC, Eagle Asset Management Inc., Wasatch Advisors Inc. and Hudson Way Capital Management LLC. View Insider Buying and Selling for Bandwidth.

How do I buy shares of Bandwidth?

Shares of BAND can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Bandwidth's stock price today?

One share of BAND stock can currently be purchased for approximately $76.97.

How big of a company is Bandwidth?

Bandwidth has a market capitalization of $1.77 billion and generates $204.11 million in revenue each year. The company earns $17.92 million in net income (profit) each year or $0.31 on an earnings per share basis. Bandwidth employs 611 workers across the globe.

What is Bandwidth's official website?

The official website for Bandwidth is http://www.bandwidth.com.

How can I contact Bandwidth?

Bandwidth's mailing address is 900 MAIN CAMPUS DRIVE, RALEIGH NC, 27606. The company can be reached via phone at 800-808-5150 or via email at [email protected]


MarketBeat Community Rating for Bandwidth (NASDAQ BAND)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  193 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  444
MarketBeat's community ratings are surveys of what our community members think about Bandwidth and other stocks. Vote "Outperform" if you believe BAND will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BAND will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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