Bandwidth 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.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone800-808-5150
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$162.96 million
Profitability
Miscellaneous
Employees378
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) posted its quarterly earnings data on Tuesday, October, 30th. The company reported ($0.05) EPS for the quarter, topping analysts' consensus estimates of ($0.20) by $0.15. The firm earned $50.50 million during the quarter, compared to analysts' expectations of $47.94 million. Bandwidth had a return on equity of 4.99% and a net margin of 9.58%. The firm's quarterly revenue was up 22.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.15 EPS. View Bandwidth's Earnings History.
When is Bandwidth's next earnings date?
What guidance has Bandwidth issued on next quarter's earnings?
Bandwidth issued an update on its fourth quarter earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of ($0.30)-($0.28) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.27). The company issued revenue guidance of $49.1-$49.6 million, compared to the consensus revenue estimate of $49.31 million.
What price target have analysts set for BAND?
5 brokerages have issued twelve-month price targets for Bandwidth's shares. Their forecasts range from $30.00 to $64.00. On average, they anticipate Bandwidth's share price to reach $48.00 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price. View Analyst Price Targets for Bandwidth.
What is the consensus analysts' recommendation for Bandwidth?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last year. There are currently 1 hold rating and 4 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. " (11/5/2018)
- 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 trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bandwidth earned a news impact score of 0.9 on InfoTrie's scale. They also gave headlines about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the company's share price in the next few days.
Who are some of Bandwidth's key competitors?
Some companies that are related to Bandwidth include 2U (TWOU), Cornerstone OnDemand (CSOD), Qualys (QLYS), Manhattan Associates (MANH), CommVault Systems (CVLT), Smartsheet (SMAR), BOX (BOX), AlarmCom (ALRM), Cyberark Software (CYBR), Avalara (AVLR), Blackline (BL), Ellie Mae (ELLI), Tenable (TENB), Q2 (QTWO) and Sailpoint Technologies (SAIL).
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. Jeffrey A. Hoffman, Chief Financial Officer (Age 49)
- Mr. Steve Leonard, Chief Operating Officer (Age 43)
- Mr. W. Christopher Matton, Gen. Counsel & Sec. (Age 48)
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.
Who are Bandwidth's major shareholders?
Bandwidth's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include KAMES CAPITAL plc (1.14%). Company insiders that own Bandwidth stock include Carmichael Bandwidth Llc, David A Morken, 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 KAMES CAPITAL plc. Company insiders that have sold Bandwidth company stock in the last year include Carmichael Bandwidth Llc, David A Morken, Henry R Kaestner, James A Bowen, Jeffrey A Hoffman, John C Murdock and W Christopher Matton. 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 $44.00.
How big of a company is Bandwidth?
Bandwidth has a market capitalization of $823.26 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.
What is Bandwidth's official website?
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 (NASDAQ BAND)
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.
