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

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

Bandwidth Inc (NASDAQ:BAND) released its earnings results on Tuesday, July, 31st. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.32. The firm had revenue of $48.30 million for the quarter, compared to analyst estimates of $45.30 million. Bandwidth had a return on equity of 13.25% and a net margin of 9.58%. View Bandwidth's Earnings History.

Bandwidth is scheduled to release their next quarterly earnings announcement on Wednesday, December, 12th 2018. View Earnings Estimates for Bandwidth.

Bandwidth issued an update on its FY18 earnings guidance on Tuesday, July, 31st. The company provided earnings per share guidance of $0.04-0.09 for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.04). The company issued revenue guidance of $198-199 million, compared to the consensus revenue estimate of $193.98 million.Bandwidth also updated its Q3 guidance to ($0.21-0.19) EPS.

6 analysts have issued 12-month target prices for Bandwidth's stock. Their forecasts range from $30.00 to $42.00. On average, they anticipate Bandwidth's stock price to reach $38.00 in the next year. This suggests that the stock has a possible downside of 15.4%. View Analyst Price Targets for Bandwidth.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bandwidth.

Some companies that are related to Bandwidth include Manhattan Associates (MANH), Alteryx (AYX), Mongodb (MDB), Cornerstone OnDemand (CSOD), ACI Worldwide (ACIW), Tenable (TENB), CommVault Systems (CVLT), Zuora (ZUO), Avalara (AVLR), AppFolio (APPF), Q2 (QTWO), Descartes Systems Group (DSGX), Blackline (BL), Cyberark Software (CYBR) and Sailpoint Technologies (SAIL).

(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.

News articles about BAND stock have been trending somewhat positive on Tuesday, according to Accern. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bandwidth earned a media and rumor sentiment score of 0.15 on Accern's scale. They also assigned news headlines about the company an impact score of 45.62 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Bandwidth.

Bandwidth's stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (5.02%), Gilder Gagnon Howe & Co. LLC (2.71%), BlackRock Inc. (2.11%), Portolan Capital Management LLC (1.21%), Laurion Capital Management LP (1.02%) and KAMES CAPITAL plc (1.01%). Company insiders that own Bandwidth stock include Carmichael Bandwidth Llc, Henry R Kaestner, James A Bowen, Jeffrey A Hoffman and John C Murdock. View Institutional Ownership Trends for Bandwidth.

BAND stock was sold by a variety of institutional investors in the last quarter, including Putnam Investments LLC, Pendal Group Ltd, EAM Investors LLC and Fortaleza Asset Management Inc.. Company insiders that have sold Bandwidth company stock in the last year include Carmichael Bandwidth Llc, Henry R Kaestner, James A Bowen, Jeffrey A Hoffman and John C Murdock. View Insider Buying and Selling for Bandwidth.

BAND stock was purchased by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Bank of New York Mellon Corp, Portolan Capital Management LLC, Laurion Capital Management LP, KAMES CAPITAL plc, Acadian Asset Management LLC, BlackRock Inc. and Millennium Management LLC. 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 $44.93.

Bandwidth has a market capitalization of $837.88 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.

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