NASDAQ:BAND

Bandwidth Stock Forecast, Price & News

$162.10

+0.96 (+0.60 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$159.50

Now: $162.10▼

$165.40

50-Day Range

$144.43

MA: $163.01▼

$189.56

52-Week Range

$50.89

Now: $162.10▼

$198.60

Volume376,965 shs

Average Volume470,102 shs

Market Capitalization$4.03 billion

P/E RatioN/A

Dividend YieldN/A

Beta0.59

Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates in 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.

MarketRank^™

Overall MarketRank^™

1.05 out of 5 stars

Computer And Technology Sector

594th out of 1,258 stocks

Prepackaged Software Industry

132nd out of 231 stocks

1.4 Analyst's Opinion

Consensus Rating
Bandwidth has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 7 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $176.57, Bandwidth has a forecasted upside of 8.9% from its current price of $162.10.
Amount of Analyst Coverage
Bandwidth has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
Bandwidth has received 385 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Bandwidth has received 496 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Bandwidth has received 56.30% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Bandwidth does not currently pay a dividend.
Dividend Growth
Bandwidth does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bandwidth insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $40,730,555.00 in company stock.
Percentage Held by Insiders
Only 11.05% of the stock of Bandwidth is held by insiders.
Percentage Held by Institutions
86.75% of the stock of Bandwidth is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Bandwidth are expected to decrease in the coming year, from $0.06 to ($0.12) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bandwidth is -150.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bandwidth is -150.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Bandwidth has a P/B Ratio of 14.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:BAND

Previous Symbol

CUSIPN/A

CIK1514416

Webwww.bandwidth.com

Phone800-808-5150

Employees772

Debt

Debt-to-Equity Ratio0.89

Current Ratio10.21

Quick Ratio10.21

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio2,701.67

P/E GrowthN/A

Sales & Book Value

Annual Sales$232.59 million

Price / Sales17.35

Cash Flow$0.13 per share

Price / Cash Flow1,228.50

Book Value$11.49 per share

Price / Book14.11

Profitability

EPS (Most Recent Fiscal Year)($0.43)

Net Income$2.49 million

Net Margins-8.90%

Return on Equity0.86%

Return on Assets0.45%

Miscellaneous

Outstanding Shares24,890,000

Market Cap$4.03 billion

Next Earnings Date2/18/2021 (Estimated)

OptionableOptionable

$162.10

+0.96 (+0.60 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Bandwidth (NASDAQ:BAND) Frequently Asked Questions

How has Bandwidth's stock price been impacted by Coronavirus (COVID-19)?

Bandwidth's stock was trading at $58.60 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BAND shares have increased by 176.6% and is now trading at $162.10.
View which stocks have been most impacted by COVID-19.

Is Bandwidth a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last twelve months. There are currently 1 sell rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Bandwidth stock.
View analyst ratings for Bandwidth or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Bandwidth?

Wall Street analysts have given Bandwidth a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Bandwidth wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Bandwidth's next earnings date?

Bandwidth is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Bandwidth.

How were Bandwidth's earnings last quarter?

Bandwidth Inc. (NASDAQ:BAND) announced its quarterly earnings data on Thursday, October, 29th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.12) by $0.36. The business had revenue of $84.80 million for the quarter, compared to analysts' expectations of $75.49 million. Bandwidth had a positive return on equity of 0.86% and a negative net margin of 8.90%. The company's revenue for the quarter was up 39.0% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.06) earnings per share.
View Bandwidth's earnings history.

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

Bandwidth updated its fourth quarter earnings guidance on Thursday, October, 29th. The company provided EPS guidance of $0.03-$0.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.06). The company issued revenue guidance of $96.5-$97.0 million, compared to the consensus revenue estimate of $75.34 million.

What price target have analysts set for BAND?

8 equities research analysts have issued 12-month price targets for Bandwidth's shares. Their forecasts range from $100.00 to $225.00. On average, they expect Bandwidth's stock price to reach $176.57 in the next year. This suggests a possible upside of 8.9% from the stock's current price.
View analysts' price targets for Bandwidth or view Wall Street analyst' top-rated stocks.

Who are some of Bandwidth's key competitors?

Some companies that are related to Bandwidth include Ceridian HCM (CDAY), PTC (PTC), Nuance Communications (NUAN), Black Knight (BKI), Avalara (AVLR), Elastic (ESTC), Bentley Systems (BSY), Symantec (SYMC), Ubisoft Entertainment (UBSFY), NortonLifeLock (NLOK), Dynatrace (DT), Appian (APPN), Guidewire Software (GWRE), Bill.com (BILL) and Paylocity (PCTY).
View all of BAND's 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 NVIDIA (NVDA), Tesla (TSLA), Shopify (SHOP), PayPal (PYPL), The Trade Desk (TTD), Zoom Video Communications (ZM), Square (SQ), CrowdStrike (CRWD), DocuSign (DOCU) and Netflix (NFLX).

Who are Bandwidth's key executives?

Bandwidth's management team includes the following people:

Mr. David A. Morken, Co-Founder, CEO, & Chairman (Age 51, Pay $897.55k)
Mr. Jeffrey A. Hoffman, Chief Financial Officer (Age 51, Pay $703.46k)
Mr. W. Christopher Matton, Gen. Counsel & Sec. (Age 50, Pay $547k)
Ms. Noreen Allen, Chief Marketing Officer
Ms. Rebecca G. Bottorff, Chief People Officer
Ms. Marina Carreker, Pres (Age 39)
Ms. Michelle Flynn, Sr. VP of Operations
Mr. Scott Mullen, Chief Technology Officer
Mr. Kade Ross, Chief Information Officer
Ms. Sarah Walas, VP of Investor Relations

When did Bandwidth IPO?

(BAND) raised $84 million in an initial public offering 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.

What is Bandwidth's stock symbol?

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

Who are Bandwidth's major shareholders?

Bandwidth's stock is owned by many different retail and institutional investors. Top institutional investors include Baldwin Brothers Inc. MA (0.00%). Company insiders that own Bandwidth stock include Brian D Bailey, David A Morken, Douglas A Suriano, Gabriela Gonzalez, Henry R Kaestner, Jeffrey A Hoffman, John C Murdock, Kade Ross, Lukas M Roush, Rebecca Bottorff and W Christopher Matton.
View institutional ownership trends for Bandwidth.

Which institutional investors are buying Bandwidth stock?

BAND stock was purchased by a variety of institutional investors in the last quarter, including Baldwin Brothers Inc. MA.
View insider buying and selling activity for Bandwidth or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Bandwidth's stock price today?

One share of BAND stock can currently be purchased for approximately $162.10.

How big of a company is Bandwidth?

Bandwidth has a market capitalization of $4.03 billion and generates $232.59 million in revenue each year. The company earns $2.49 million in net income (profit) each year or ($0.43) on an earnings per share basis. Bandwidth employs 772 workers across the globe.

What is Bandwidth's official website?

The official website for Bandwidth is 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]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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