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
Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:BAND
Previous Symbol
CUSIPN/A
Phone800-808-5150
Debt
Debt-to-Equity RatioN/A
Current Ratio3.01
Quick Ratio3.01
Price-To-Earnings
Trailing P/E Ratio96.90
Forward P/E Ratio527.56
P/E Growth52.54
Sales & Book Value
Annual Sales$162.96 million
Price / Sales5.64
Cash Flow$0.7864 per share
Price / Cash60.38
Book Value$5.59 per share
Price / Book8.49
Profitability
EPS (Most Recent Fiscal Year)$0.49
Net Income$5.97 million
Net Margins9.58%
Return on Equity4.99%
Return on Assets3.65%
Miscellaneous
Employees378
Outstanding Shares19,350,000
Market Cap$914.97 million
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) issued its earnings results on Tuesday, October, 30th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.15. The company had revenue of $50.50 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the company earned $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 earnings per share guidance of ($0.30)-($0.28) for the period, compared to the Thomson Reuters consensus earnings per share 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?
6 brokers have issued twelve-month price objectives for Bandwidth's shares. Their forecasts range from $30.00 to $64.00. On average, they expect Bandwidth's stock price to reach $45.6667 in the next twelve months. This suggests that the stock has a possible downside of 3.8%. View Analyst Price Targets for Bandwidth.
What is the consensus analysts' recommendation 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.
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?
Media stories about BAND stock have been trending neutral on Saturday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bandwidth earned a media sentiment score of 0.1 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of Bandwidth's key competitors?
Some companies that are related to Bandwidth include Coupa Software (COUP), Alteryx (AYX), Blackbaud (BLKB), ACI Worldwide (ACIW), Paylocity (PCTY), Manhattan Associates (MANH), 2U (TWOU), Cornerstone OnDemand (CSOD), Qualys (QLYS), Anaplan (PLAN), Cyberark Software (CYBR), CommVault Systems (CVLT), Tenable (TENB), BOX (BOX) and Bottomline Technologies (EPAY).
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. Henry R. Kaestner, Co-Founder & Director (Age 48)
- Mr. Jeffrey A. Hoffman, Chief Financial Officer (Age 49)
- Mr. Steve Leonard, Chief Operating Officer (Age 43)
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 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 many different of retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (5.71%), Gilder Gagnon Howe & Co. LLC (2.53%), Capital Research Global Investors (2.30%), BlackRock Inc. (2.13%), Renaissance Technologies LLC (1.62%) and Laurion Capital Management LP (1.40%). 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.
Which major investors are selling Bandwidth stock?
BAND stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Wasatch Advisors Inc., Personal Capital Advisors Corp, EAM Global Investors LLC, Pendal Group Ltd, EAM Investors LLC and Gilder Gagnon Howe & Co. LLC. 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.
Which major investors are buying Bandwidth stock?
BAND stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Bank of New York Mellon Corp, Kornitzer Capital Management Inc. KS, Laurion Capital Management LP, KAMES CAPITAL plc, Acadian Asset Management LLC, Monashee Investment Management LLC and BlackRock Inc.. 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 $47.48.
How big of a company is Bandwidth?
Bandwidth has a market capitalization of $914.97 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.
