NASDAQ:BAND - Bandwidth Stock Price, News & Analysis

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

Bandwidth Inc (NASDAQ:BAND) issued its quarterly earnings results on Wednesday, July, 31st. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.23) by $0.19. The company earned $56.80 million during the quarter, compared to the consensus estimate of $55.06 million. Bandwidth had a net margin of 3.14% and a negative return on equity of 4.97%. The firm's quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.20 earnings per share. View Bandwidth's Earnings History.

Bandwidth is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Bandwidth.

Bandwidth updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of ($0.48)-($0.43) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.47). The company issued revenue guidance of $234.8-$235.8 million, compared to the consensus revenue estimate of $234.54 million.

5 brokers have issued 12 month price targets for Bandwidth's stock. Their predictions range from $74.00 to $90.00. On average, they expect Bandwidth's share price to reach $78.80 in the next twelve months. This suggests that the stock has a possible downside of 5.8%. View Analyst Price Targets 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.

News articles about BAND stock have been trending negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bandwidth earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Bandwidth.

Bandwidth saw a increase in short interest in the month of July. As of July 15th, there was short interest totalling 1,160,900 shares, an increase of 76.6% from the June 15th total of 657,400 shares. Based on an average trading volume of 298,600 shares, the short-interest ratio is presently 3.9 days. Approximately 9.5% of the shares of the stock are short sold. View Bandwidth's Current Options Chain.

Some companies that are related to Bandwidth include Anaplan (PLAN), Ceridian HCM (CDAY), Dropbox (DBX), Micro Focus International (MFGP), Trend Micro (TMICY), Avalara (AVLR), Momo (MOMO), FalconStor Software (FALC), Elastic (ESTC), Medidata Solutions (MDSO), RealPage (RP), Konami (KNMCY), National Instruments (NATI), Manhattan Associates (MANH) and Paylocity (PCTY).

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), Spotify (SPOT), Tesla (TSLA), Alibaba Group (BABA), NXP Semiconductors (NXPI) and Canopy Growth (WEED).

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

Bandwidth's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.89%), Bank of New York Mellon Corp (5.30%), Vanguard Group Inc. (3.22%), Victory Capital Management Inc. (2.51%), Jennison Associates LLC (1.67%) and Jennison Associates LLC (1.67%). 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, Lukas M Roush and W Christopher Matton. View Institutional Ownership Trends for Bandwidth.

BAND stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Invesco Ltd., Potrero Capital Research LLC, KAMES CAPITAL plc, JPMorgan Chase & Co., LPL Financial LLC, Russell Investments Group Ltd. and Jennison Associates LLC. Company insiders that have sold Bandwidth company stock in the last year include Brian D Bailey, David A Morken, Gabriela Gonzalez, Henry R Kaestner, Jeffrey A Hoffman, John C Murdock, Lukas M Roush and W Christopher Matton. View Insider Buying and Selling for Bandwidth.

BAND stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., D. E. Shaw & Co. Inc., Vanguard Group Inc., Bank of New York Mellon Corp, Putnam Investments LLC, Castleark Management LLC, Nuveen Asset Management LLC and Morgan Stanley. View Insider Buying and Selling for 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.

One share of BAND stock can currently be purchased for approximately $83.67.

Bandwidth has a market capitalization of $1.92 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.View Additional Information About Bandwidth.

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

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]