NASDAQ:BAND - Bandwidth Stock Price, News & Analysis

$83.67
+5.29 (+6.75 %)
(As of 08/18/2019 10:00 AM ET)
Today's Range
$79.17
Now: $83.67
$84.20
50-Day Range
$74.24
MA: $77.83
$82.00
52-Week Range
$27.75
Now: $83.67
$85.83
Volume308,600 shs
Average Volume224,431 shs
Market Capitalization$1.92 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.76
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$204.11 million
Cash Flow$0.6752 per share
Book Value$11.70 per share

Profitability

Net Income$17.92 million

Miscellaneous

Employees611
Market Cap$1.92 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

Receive BAND News and Ratings via Email

Sign-up to receive the latest news and ratings for BAND and its competitors with MarketBeat's FREE daily newsletter.


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 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.

When is Bandwidth's next earnings date?

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

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

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.

What price target have analysts set for BAND?

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.

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. " (7/2/2019)
  • 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?

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.

Are investors shorting 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.

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 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).

Who are Bandwidth's key executives?

Bandwidth's management team includes the folowing 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 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 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.

Which major investors are selling Bandwidth stock?

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.

Which major investors are buying Bandwidth stock?

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.

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 $83.67.

How big of a company is Bandwidth?

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.

What is Bandwidth's official website?

The official website for Bandwidth is http://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]


MarketBeat Community Rating for Bandwidth (NASDAQ BAND)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  252 (Vote Outperform)
Underperform Votes:  318 (Vote Underperform)
Total Votes:  570
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.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel