NASDAQ:BAND - Bandwidth Stock Price, Price Target & More

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$35.59 +0.70 (+2.01 %)
(As of 05/22/2018 11:49 AM ET)
Previous Close$34.87
Today's Range$34.87 - $35.95
52-Week Range$18.05 - $37.42
Volume34,096 shs
Average Volume129,706 shs
Market Capitalization$611.34 million
P/E Ratio72.84
Dividend YieldN/A
BetaN/A

About Bandwidth (NASDAQ:BAND)

Bandwidth logoBandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provides 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
SymbolNASDAQ:BAND
CUSIPN/A
Phone800-808-5150

Debt

Debt-to-Equity RatioN/A
Current Ratio3.17
Quick Ratio3.17

Price-To-Earnings

Trailing P/E Ratio72.84
Forward P/E Ratio-254.21
P/E GrowthN/A

Sales & Book Value

Annual Sales$162.96 million
Price / Sales3.87
Cash Flow$0.8078 per share
Price / Cash44.06
Book Value$4.35 per share
Price / Book8.18

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees378
Outstanding Shares17,720,000

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 (NASDAQ:BAND) released its quarterly earnings data on Wednesday, May, 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.09 by $0.02. The business earned $53 million during the quarter, compared to analysts' expectations of $47.19 million. The company's revenue was up 33.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 EPS. View Bandwidth's Earnings History.

When is Bandwidth's next earnings date?

Bandwidth is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Bandwidth.

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

Bandwidth updated its FY18 earnings guidance on Wednesday, May, 2nd. The company provided EPS guidance of $0.00-($0.11) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.06). The company issued revenue guidance of $193.1-194.6 million, compared to the consensus revenue estimate of $189.15 million.Bandwidth also updated its Q2 guidance to ($0.11-0.14) EPS.

What price target have analysts set for BAND?

6 brokerages have issued 1 year price targets for Bandwidth's shares. Their predictions range from $30.00 to $42.00. On average, they expect Bandwidth's share price to reach $38.00 in the next year. View Analyst Ratings for Bandwidth.

Who are some of Bandwidth's key competitors?

Who are Bandwidth's key executives?

Bandwidth's management team includes the folowing people:
  • Mr. David A. Morken, Co-Founder, CEO & Chairman (Age 49)
  • Mr. John C. Murdock, Pres & Director (Age 53)
  • Mr. Jeff Hoffman, CFO & Principal Accounting Officer (Age 49)
  • Mr. W. Christopher Matton J.D., Gen. Counsel (Age 48)
  • Mr. Steve Leonard, Chief Operating Officer (Age 43)

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 a price of $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.

When did the company's lock-up period expire?

Bandwidth's lock-up period expired on Wednesday, May 9th. Bandwidth had issued 4,000,000 shares in its IPO on November 10th. The total size of the offering was $80,000,000 based on an initial share price of $20.00. Since the end of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

Has Bandwidth been receiving favorable news coverage?

Press coverage about BAND stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bandwidth earned a news sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the company an impact score of 45.49 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are Bandwidth's major shareholders?

Bandwidth's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.81%), Wasatch Advisors Inc. (0.56%), Vista Equity Partners Management LLC (0.54%), Spark Investment Management LLC (0.25%), Russell Investments Group Ltd. (0.22%) and LPL Financial LLC (0.18%). View Institutional Ownership Trends for Bandwidth.

Which major investors are selling Bandwidth stock?

BAND stock was sold by a variety of institutional investors in the last quarter, including Vista Equity Partners Management LLC, Millennium Management LLC and BlackRock Inc.. View Insider Buying and Selling for Bandwidth.

Which major investors are buying Bandwidth stock?

BAND stock was bought by a variety of institutional investors in the last quarter, including LPL Financial LLC, Pendal Group Ltd, Spark Investment Management LLC, Russell Investments Group Ltd., Wasatch Advisors Inc., Archon Capital Management LLC, Wedbush Securities Inc. and Northern Trust Corp. 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 $35.59.

How big of a company is Bandwidth?

Bandwidth has a market capitalization of $611.34 million and generates $162.96 million in revenue each year. The company earns $5.97 million in net income (profit) each year or $0.49 on an earnings per share basis. Bandwidth employs 378 workers across the globe.

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.


MarketBeat Community Rating for Bandwidth (BAND)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  60 (Vote Outperform)
Underperform Votes:  56 (Vote Underperform)
Total Votes:  116
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.

Analyst Ratings

Bandwidth (NASDAQ:BAND) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
6 Wall Street analysts have issued ratings and price targets for Bandwidth in the last 12 months. Their average twelve-month price target is $38.00, suggesting that the stock has a possible upside of 6.77%. The high price target for BAND is $42.00 and the low price target for BAND is $30.00. There are currently 6 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyN/A
Consensus Rating Score: 3.003.003.00N/A
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $38.00$31.00$29.80N/A
Price Target Upside: 6.77% upside0.32% downside38.67% upsideN/A

Bandwidth (NASDAQ:BAND) Consensus Price Target History

Price Target History for Bandwidth (NASDAQ:BAND)

Bandwidth (NASDAQ:BAND) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/3/2018Canaccord GenuityBoost Price TargetBuy ➝ Buy$30.00 ➝ $40.00MediumView Rating Details
5/3/2018Morgan StanleyBoost Price TargetOverweight ➝ Buy$28.00 ➝ $40.00LowView Rating Details
5/3/2018KeyCorpBoost Price TargetOverweight ➝ Overweight$31.00 ➝ $42.00LowView Rating Details
4/24/2018Dougherty & CoSet Price TargetBuy$40.00LowView Rating Details
2/22/2018Robert W. BairdReiterated RatingOutperform ➝ Outperform$28.00 ➝ $30.00HighView Rating Details
12/5/2017JMP SecuritiesInitiated CoverageMkt Outperform ➝ Outperform$36.00MediumView Rating Details
(Data available from 5/22/2016 forward)

Earnings

Bandwidth (NASDAQ:BAND) Earnings History and Estimates Chart

Earnings by Quarter for Bandwidth (NASDAQ:BAND)

Bandwidth (NASDAQ:BAND) Earnings Estimates

2019 EPS Consensus Estimate: ($0.29)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20191($0.06)($0.06)($0.06)
Q2 20191($0.06)($0.06)($0.06)
Q3 20191($0.14)($0.14)($0.14)
Q4 20191($0.03)($0.03)($0.03)

Bandwidth (NASDAQ BAND) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2018        
5/2/2018Q1 2018$0.09$0.11$47.19 million$53.00 millionViewN/AView Earnings Details
2/21/2018Q4 2017($0.02)$0.09$41.69 million$42.47 millionViewListenView Earnings Details
12/13/2017Q3 2017$0.06$0.12$40.94 million$41.34 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Bandwidth (NASDAQ:BAND) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Bandwidth (NASDAQ BAND) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 48.62%
Institutional Ownership Percentage: 20.05%
Insider Trading History for Bandwidth (NASDAQ:BAND)
Institutional Ownership by Quarter for Bandwidth (NASDAQ:BAND)

Bandwidth (NASDAQ BAND) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/28/2017James A BowenMajor ShareholderSell158,526$18.60$2,948,583.60View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Bandwidth (NASDAQ BAND) News Headlines

Source:
DateHeadline
Bandwidth (BAND) Receives Consensus Recommendation of "Buy" from AnalystsBandwidth (BAND) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 16 at 1:22 AM
You don’t need high grade Navy radar systems to spot which companies just achieved another industry milestone for customersYou don’t need high grade Navy radar systems to spot which companies just achieved another industry milestone for customers
finance.yahoo.com - May 15 at 10:19 AM
Zacks: Brokerages Anticipate Bandwidth (BAND) Will Announce Quarterly Sales of $45.30 MillionZacks: Brokerages Anticipate Bandwidth (BAND) Will Announce Quarterly Sales of $45.30 Million
www.americanbankingnews.com - May 9 at 2:18 AM
Zacks: Brokerages Anticipate Bandwidth (BAND) Will Post Earnings of -$0.03 Per ShareZacks: Brokerages Anticipate Bandwidth (BAND) Will Post Earnings of -$0.03 Per Share
www.americanbankingnews.com - May 7 at 5:23 PM
Canaccord Genuity Increases Bandwidth (BAND) Price Target to $40.00Canaccord Genuity Increases Bandwidth (BAND) Price Target to $40.00
www.americanbankingnews.com - May 4 at 12:17 AM
Morgan Stanley Boosts Bandwidth (BAND) Price Target to $40.00Morgan Stanley Boosts Bandwidth (BAND) Price Target to $40.00
www.americanbankingnews.com - May 3 at 11:03 PM
Bandwidth (BAND) PT Raised to $42.00 at KeyCorpBandwidth (BAND) PT Raised to $42.00 at KeyCorp
www.americanbankingnews.com - May 3 at 8:35 PM
Bandwidths Morken outlines international strategyBandwidth's Morken outlines international strategy
www.bizjournals.com - May 3 at 4:14 PM
Bandwidth: Surprising GrowthBandwidth: Surprising Growth
seekingalpha.com - May 3 at 4:14 PM
Bandwidth's Morken outlines international strategyBandwidth's Morken outlines international strategy
finance.yahoo.com - May 3 at 4:14 PM
Bandwidth beats by $0.24, beats on revenueBandwidth beats by $0.24, beats on revenue
seekingalpha.com - May 3 at 9:33 AM
Bandwidths (BAND) CEO David Morken on Q1 2018 Results - Earnings Call TranscriptBandwidth's (BAND) CEO David Morken on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 9:33 AM
Bandwidth: 1Q Earnings SnapshotBandwidth: 1Q Earnings Snapshot
finance.yahoo.com - May 3 at 9:33 AM
Bandwidth (BAND) Stock Rating Reaffirmed by KeyCorpBandwidth (BAND) Stock Rating Reaffirmed by KeyCorp
www.americanbankingnews.com - May 2 at 11:11 PM
Bandwidth (BAND) Issues Quarterly  Earnings ResultsBandwidth (BAND) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 2 at 10:46 PM
Bandwidth (BAND) Releases Q2 Earnings GuidanceBandwidth (BAND) Releases Q2 Earnings Guidance
www.americanbankingnews.com - May 2 at 7:15 PM
Bandwidth (BAND) Issues FY18 Earnings GuidanceBandwidth (BAND) Issues FY18 Earnings Guidance
www.americanbankingnews.com - May 2 at 7:14 PM
Bandwidth Announces First Quarter 2018 Financial ResultsBandwidth Announces First Quarter 2018 Financial Results
finance.yahoo.com - May 2 at 4:20 PM
Bandwidths (BAND) Lock-Up Period Set To End  on May 9thBandwidth's (BAND) Lock-Up Period Set To End on May 9th
www.americanbankingnews.com - May 2 at 1:20 AM
Greater Processing Power Enables Storage And Bandwidth SavingsGreater Processing Power Enables Storage And Bandwidth Savings
www.forbes.com - May 1 at 9:42 AM
Speedcast Bandwidth On Demand™: flexibilidad de conexión sin precedentes para el mercado náuticoSpeedcast Bandwidth On Demand™: flexibilidad de conexión sin precedentes para el mercado náutico
www.prnewswire.com - April 28 at 3:33 PM
Speedcast Bandwidth On Demand™: Unparalleled Connectivity Flexibility for the Yachting MarketSpeedcast Bandwidth On Demand™: Unparalleled Connectivity Flexibility for the Yachting Market
finance.yahoo.com - April 27 at 4:17 PM
Bandwidth (BAND) Given a $40.00 Price Target at Dougherty & CoBandwidth (BAND) Given a $40.00 Price Target at Dougherty & Co
www.americanbankingnews.com - April 25 at 10:30 AM
Bandwidth (BAND) to Release Earnings on WednesdayBandwidth (BAND) to Release Earnings on Wednesday
www.americanbankingnews.com - April 25 at 8:17 AM
Bandwidth (BAND) Expected to Announce Quarterly Sales of $47.11 MillionBandwidth (BAND) Expected to Announce Quarterly Sales of $47.11 Million
www.americanbankingnews.com - April 22 at 2:36 AM
Bandwidth (BAND) Given Consensus Rating of "Buy" by AnalystsBandwidth (BAND) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - April 21 at 1:38 AM
 Analysts Anticipate Bandwidth (BAND) to Announce $0.04 Earnings Per Share Analysts Anticipate Bandwidth (BAND) to Announce $0.04 Earnings Per Share
www.americanbankingnews.com - April 20 at 3:14 PM
Dinner with friends gets tricky when you don’t have the same ‘economic bandwidth’Dinner with friends gets tricky when you don’t have the same ‘economic bandwidth’
www.msn.com - April 17 at 4:39 PM
NeoPhotonics Issues Statement Regarding U.S. Department of Commerce Ruling on ZTENeoPhotonics Issues Statement Regarding U.S. Department of Commerce Ruling on ZTE
www.businesswire.com - April 17 at 10:01 AM
How much top Bandwidth execs made in 2017How much top Bandwidth execs made in 2017
finance.yahoo.com - April 11 at 4:18 PM
TRENDnet launches 2.5G managed switches with 10G fiber supportTRENDnet launches 2.5G managed switches with 10G fiber support
www.bizjournals.com - April 11 at 10:23 AM
Dougherty & Co. initiates Bandwidth at 29% upsideDougherty & Co. initiates Bandwidth at 29% upside
seekingalpha.com - April 10 at 10:08 AM
Bandwidth (BAND) Research Coverage Started at Dougherty & CoBandwidth (BAND) Research Coverage Started at Dougherty & Co
www.americanbankingnews.com - April 10 at 9:17 AM
NVIDIA Reinforces Machine Learning Training Lead Via Platform Improvements At GTC 2018NVIDIA Reinforces Machine Learning Training Lead Via Platform Improvements At GTC 2018
www.forbes.com - April 9 at 9:57 AM
Speed up Internet, find forgotten passwords, convert VHS tapes, and moreSpeed up Internet, find forgotten passwords, convert VHS tapes, and more
www.msn.com - April 7 at 5:18 PM
John Glenn Columbus International Airport Upgrades Local Area Network Connectivity with Siklus mmWave Wireless RadiosJohn Glenn Columbus International Airport Upgrades Local Area Network Connectivity with Siklu's mmWave Wireless Radios
www.prnewswire.com - April 5 at 8:46 AM
Bandwidth Inc (BAND) Expected to Announce Quarterly Sales of $47.11 MillionBandwidth Inc (BAND) Expected to Announce Quarterly Sales of $47.11 Million
www.americanbankingnews.com - April 5 at 2:46 AM
Bandwidth (BAND) Upgraded by ValuEngine to "Hold"Bandwidth (BAND) Upgraded by ValuEngine to "Hold"
www.americanbankingnews.com - April 3 at 6:58 PM
 Analysts Expect Bandwidth Inc (BAND) Will Announce Earnings of $0.08 Per Share Analysts Expect Bandwidth Inc (BAND) Will Announce Earnings of $0.08 Per Share
www.americanbankingnews.com - April 3 at 5:22 PM
Watch Live Webcast: SpaceX Falcon 9 Rocket Launch Carrying 10 Communications SatellitesWatch Live Webcast: SpaceX Falcon 9 Rocket Launch Carrying 10 Communications Satellites
www.msn.com - March 30 at 9:50 AM
Bandwidth Inc (BAND) Given Consensus Recommendation of "Buy" by AnalystsBandwidth Inc (BAND) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - March 27 at 1:56 AM
Southwest live-tweets March Madness game for passenger without Wi-FiSouthwest live-tweets March Madness game for passenger without Wi-Fi
www.foxnews.com - March 22 at 4:12 PM
Honeywell Software to Aid Airlines to Cut Costs & Save FuelHoneywell Software to Aid Airlines to Cut Costs & Save Fuel
www.zacks.com - March 21 at 10:54 AM
$47.11 Million in Sales Expected for Bandwidth Inc (BAND) This Quarter$47.11 Million in Sales Expected for Bandwidth Inc (BAND) This Quarter
www.americanbankingnews.com - March 19 at 3:58 AM
Tektronix Optical Modules Boost Confidence with Industrys Highest Sensitivity, Lowest NoiseTektronix Optical Modules Boost Confidence with Industry's Highest Sensitivity, Lowest Noise
www.bizjournals.com - March 13 at 10:03 AM
Oclaro Cancels Investor and Analyst Session at OFCOclaro Cancels Investor and Analyst Session at OFC
finance.yahoo.com - March 12 at 10:33 AM
Economists: Why DFW doesnt deserve Amazons HQ2Economists: Why DFW doesn't deserve Amazon's HQ2
www.bizjournals.com - March 8 at 5:04 PM
Baylin Technologies receives orders for its new 3.2kW Ku-Band Outdoor Modular Satellite GaN SSPA SystemBaylin Technologies receives orders for its new 3.2kW Ku-Band Outdoor Modular Satellite GaN SSPA System
finance.yahoo.com - March 7 at 9:49 AM
Bandwidth (BAND) Downgraded by ValuEngineBandwidth (BAND) Downgraded by ValuEngine
www.americanbankingnews.com - March 4 at 11:42 PM
Orange (ORAN) versus Bandwidth (BAND) Financial SurveyOrange (ORAN) versus Bandwidth (BAND) Financial Survey
www.americanbankingnews.com - March 4 at 11:05 AM

SEC Filings

Bandwidth (NASDAQ:BAND) SEC Filings

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Financials

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Chart

Bandwidth (NASDAQ BAND) Stock Chart for Tuesday, May, 22, 2018

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This page was last updated on 5/22/2018 by MarketBeat.com Staff

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