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NASDAQ:BANDBandwidth Stock Price, Forecast & News

$138.91
+0.70 (+0.51 %)
(As of 07/9/2020 04:00 PM ET)
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Today's Range
$137.60
Now: $138.91
$143.28
50-Day Range
$104.71
MA: $119.62
$138.21
52-Week Range
$42.61
Now: $138.91
$143.28
Volume470,500 shs
Average Volume413,738 shs
Market Capitalization$3.31 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.8
Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.25 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
Current SymbolNASDAQ:BAND
CUSIPN/A
Phone800-808-5150

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$232.59 million
Cash Flow$0.13 per share
Book Value$11.49 per share

Profitability

Net Income$2.49 million

Miscellaneous

Employees611
Market Cap$3.31 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Bandwidth (NASDAQ:BAND) Frequently Asked Questions

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

Bandwidth's stock was trading at $58.60 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BAND stock has increased by 137.0% and is now trading at $138.91. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Bandwidth?

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

When is Bandwidth's next earnings date?

Bandwidth is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Bandwidth.

How were Bandwidth's earnings last quarter?

Bandwidth Inc (NASDAQ:BAND) released its earnings results on Thursday, April, 30th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.15. The firm had revenue of $68.50 million for the quarter, compared to analysts' expectations of $63.29 million. Bandwidth had a negative return on equity of 2.67% and a negative net margin of 0.22%. The firm's revenue was up 28.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.12) earnings per share. View Bandwidth's earnings history.

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

Bandwidth updated its FY20 earnings guidance on Thursday, April, 30th. The company provided earnings per share (EPS) guidance of $(0.03)-0.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.32). The company issued revenue guidance of $281.6-283.1 million, compared to the consensus revenue estimate of $270.82 million.

What price target have analysts set for BAND?

7 analysts have issued 12 month target prices for Bandwidth's stock. Their forecasts range from $95.00 to $130.00. On average, they expect Bandwidth's share price to reach $111.50 in the next year. This suggests that the stock has a possible downside of 19.7%. View analysts' price targets for Bandwidth.

Has Bandwidth been receiving favorable news coverage?

Media coverage about BAND stock has trended neutral recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bandwidth earned a coverage optimism score of 0.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Bandwidth.

Who are some of Bandwidth's key 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), GW Pharmaceuticals PLC- (GWPH), Twilio (TWLO), Micron Technology (MU), Paycom Software (PAYC), Alibaba Group (BABA), Okta (OKTA), Splunk (SPLK), Tesla (TSLA) and Coupa Software (COUP).

Who are Bandwidth's key executives?

Bandwidth's management team includes the following people:
  • Mr. David A. Morken, Co-Founder, CEO & Chairman (Age 50)
  • Mr. Jeffrey A. Hoffman, Chief Financial Officer (Age 50)
  • Mr. Scott Mullen, Chief Technology Officer
  • Mr. Steve Leonard, Chief Operating Officer (Age 44)
  • Mr. W. Christopher Matton, Gen. Counsel & Sec. (Age 49)

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 served 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 Envestnet Asset Management Inc. (0.01%) and Carroll Financial Associates Inc. (0.00%). Company insiders that own Bandwidth stock include Brian D Bailey, David A Morken, Douglas A Suriano, Gabriela Gonzalez, Henry R Kaestner, James A Bowen, Jeffrey A Hoffman, John C Murdock, Kade Ross, Lukas M Roush, Rebecca Bottorff and W Christopher Matton. View institutional ownership trends for Bandwidth.

Which major investors are buying Bandwidth stock?

BAND stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Carroll Financial Associates Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Bandwidth's stock price today?

One share of BAND stock can currently be purchased for approximately $138.91.

How big of a company is Bandwidth?

Bandwidth has a market capitalization of $3.31 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 611 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 7/10/2020 by MarketBeat.com Staff

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