NASDAQ:EGIO Edgio (EGIO) Stock Price, News & Analysis → War Over Taiwan? Protect Your Wealth NOW (From Behind the Markets) (Ad) Free EGIO Stock Alerts $11.01 +0.06 (+0.55%) (As of 10:40 AM ET) Add Compare Share Share Today's Range$10.84▼$11.3750-Day Range$6.98▼$20.6452-Week Range$6.67▼$44.00Volume14,198 shsAverage Volume95,619 shsMarket Capitalization$64.19 millionP/E RatioN/ADividend YieldN/APrice Target$33.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Edgio alerts: Email Address Edgio MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside195.8% Upside$33.33 Price TargetShort InterestBearish11.05% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.47Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($10.73) to ($4.83) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.09 out of 5 starsComputer And Technology Sector513th out of 591 stocksBusiness Services, Not Elsewhere Classified Industry81st out of 89 stocks 3.2 Analyst's Opinion Consensus RatingEdgio has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageEdgio has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted11.05% of the float of Edgio has been sold short.Short Interest Ratio / Days to CoverEdgio has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Edgio has recently increased by 30.91%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEdgio does not currently pay a dividend.Dividend GrowthEdgio does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EGIO. Previous Next 0.9 News and Social Media Coverage News SentimentEdgio has a news sentiment score of -0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.38 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Edgio this week, compared to 1 article on an average week.Search InterestOnly 10 people have searched for EGIO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Edgio to their MarketBeat watchlist in the last 30 days. This is a decrease of -78% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Edgio insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.60% of the stock of Edgio is held by insiders.Percentage Held by InstitutionsOnly 23.16% of the stock of Edgio is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Edgio are expected to grow in the coming year, from ($10.73) to ($4.83) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Edgio is -0.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Edgio is -0.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEdgio has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsWar Over Taiwan? Protect Your Wealth NOWWith tensions rapidly escalating, Taiwan could provide the spark at any moment. Don't let your financial future get caught in the crossfire unprepared.Access my report now >>> About Edgio Stock (NASDAQ:EGIO)Edgio, Inc. provides edge-enabled software solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private global networks with distributed computing resources and extensive connectivity to last-mile broadband network providers; offers live and on-demand video delivery services; and provides platform, media, and application solutions. It also offers cloud security, edge compute, origin storage, and support services. In addition, the company provides content delivery, video content management, and streaming services, performance services for website and web application and security; professional services, cloud storage, and edge computing services. The company was formerly known as Limelight Networks, Inc. and changed its name to Edgio, Inc. in June 2022. Edgio, Inc. was founded in 2001 and is headquartered in Phoenix, Arizona.Read More EGIO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EGIO Stock News HeadlinesApril 25, 2024 | americanbankingnews.comContrasting Live Current Media (OTCMKTS:LIVC) and Edgio (NASDAQ:EGIO)April 21, 2024 | americanbankingnews.comCraig Hallum Lowers Edgio (NASDAQ:EGIO) Price Target to $10.00April 26, 2024 | Behind the Markets (Ad)War Over Taiwan? Protect Your Wealth NOWWith tensions rapidly escalating, Taiwan could provide the spark at any moment. Don't let your financial future get caught in the crossfire unprepared.April 11, 2024 | businesswire.comEverPass selects Edgio to Elevate Streaming Delivery to Commercial EstablishmentsApril 10, 2024 | businesswire.comEdgio Enables Broader FAST Outreach with Brazil BroadcasterApril 5, 2024 | businesswire.comEdgio Receives Expected Notice from NASDAQMarch 17, 2024 | finance.yahoo.comEGIO Apr 2024 0.500 callMarch 15, 2024 | markets.businessinsider.comEdgio Preliminary Q4 Revenue SlipsApril 26, 2024 | Behind the Markets (Ad)War Over Taiwan? Protect Your Wealth NOWWith tensions rapidly escalating, Taiwan could provide the spark at any moment. Don't let your financial future get caught in the crossfire unprepared.March 15, 2024 | finance.yahoo.comEdgio Announces Preliminary Unaudited Fourth Quarter 2023 Financial ResultsMarch 11, 2024 | finance.yahoo.comReachTV Chooses Edgio to Help Deliver and Monetize Streaming Content to Airports Across North AmericaMarch 1, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Edgio (EGIO), Elastic (ESTC) and ACI Worldwide (ACIW)February 29, 2024 | investing.comEdgio announces 1-for-40 reverse stock split effective March 1February 27, 2024 | businesswire.comEdgio Announces Effectiveness of Reverse Stock SplitFebruary 22, 2024 | thestreet.comEdgio Inc.February 22, 2024 | finance.yahoo.comWeb Application Attacks Intensify in Fourth Quarter of 2023, According to New Edgio Quarterly Attack Trends ReportFebruary 22, 2024 | businesswire.comWeb Application Attacks Intensify in Fourth Quarter of 2023, According to New Edgio Quarterly Attack Trends ReportFebruary 21, 2024 | benzinga.comEdgio Stock (NASDAQ:EGIO) Insider TradesFebruary 21, 2024 | benzinga.comEdgio Stock (NASDAQ:EGIO) Dividends: History, Yield and DatesFebruary 17, 2024 | finance.yahoo.comEGIO Mar 2024 2.500 putFebruary 15, 2024 | finance.yahoo.comEGIO Feb 2024 0.500 putFebruary 14, 2024 | finance.yahoo.comEGIO Feb 2024 2.000 putFebruary 7, 2024 | stockhouse.comEdgio Partners with KPS to Support Online Retailers with Their Transition to Composable Web ArchitectureJanuary 15, 2024 | finance.yahoo.comAfter Plunging -41.57% in 4 Weeks, Here's Why the Trend Might Reverse for Edgio (EGIO)January 2, 2024 | markets.businessinsider.comEdgio Names Todd Hinders As CEOJanuary 2, 2024 | finance.yahoo.comEdgio Promotes Todd Hinders to Chief Executive OfficerDecember 22, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Technology Stocks: Edgio (EGIO), Fiserv (FI)See More Headlines Receive EGIO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Edgio and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/15/2023Today4/26/2024Next Earnings (Estimated)8/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:EGIO CUSIPN/A CIK1391127 Webwww.limelight.com Phone(602) 850-5000Fax602-850-5001Employees822Year FoundedN/APrice Target and Rating Average Stock Price Target$33.33 High Stock Price Target$60.00 Low Stock Price Target$10.00 Potential Upside/Downside+204.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($25.60) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-136,520,000.00 Net Margins-35.10% Pretax Margin-35.31% Return on Equity-45.85% Return on Assets-18.07% Debt Debt-to-Equity Ratio0.89 Current Ratio0.85 Quick Ratio0.85 Sales & Book Value Annual Sales$338.60 million Price / Sales0.19 Cash FlowN/A Price / Cash FlowN/A Book Value$43.20 per share Price / Book0.25Miscellaneous Outstanding Shares5,830,000Free Float5,678,000Market Cap$63.84 million OptionableOptionable Beta0.40 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Stephen Cumming (Age 54)Senior VP, CFO & Treasurer Comp: $566.12kMr. Richard P. Diegnan Jr. (Age 55)Senior VP, Chief Legal Officer & Secretary Comp: $334.86kMr. Todd A. Hinders (Age 53)CEO & Director Mr. Eric Chang (Age 51)Chief Accounting Officer Mr. Sameet SinhaVice President of Investor Relations & Corporate DevelopmentMs. Ann-Lamar TutenChief Business Operations OfficerMr. Ajay Kapur (Age 47)CTO & GM of Applications Comp: $1.66MMr. Darrin ReynoldsChief Information Security OfficerMr. Eric BlackCTO & GM of MediaMr. Peter J. Perrone (Age 56)Consultant Comp: $451.63kMore ExecutivesKey CompetitorsSteel ConnectNASDAQ:STCNMarchexNASDAQ:MCHXDHI GroupNYSE:DHXiClick Interactive Asia GroupNASDAQ:ICLKComputer Programs and SystemsNASDAQ:CPSIView All CompetitorsInstitutional OwnershipNomura Holdings Inc.Sold 1,100 shares on 3/27/2024Ownership: 5.662%View All Institutional Transactions EGIO Stock Analysis - Frequently Asked Questions Should I buy or sell Edgio stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Edgio in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EGIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EGIO, but not buy additional shares or sell existing shares. View EGIO analyst ratings or view top-rated stocks. What is Edgio's stock price target for 2024? 3 brokers have issued 1 year target prices for Edgio's stock. Their EGIO share price targets range from $10.00 to $60.00. On average, they anticipate the company's share price to reach $33.33 in the next year. This suggests a possible upside of 195.8% from the stock's current price. View analysts price targets for EGIO or view top-rated stocks among Wall Street analysts. How have EGIO shares performed in 2024? Edgio's stock was trading at $13.70 on January 1st, 2024. Since then, EGIO shares have decreased by 17.7% and is now trading at $11.27. View the best growth stocks for 2024 here. Are investors shorting Edgio? Edgio saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 370,200 shares, an increase of 30.9% from the March 31st total of 282,800 shares. Based on an average daily volume of 111,000 shares, the short-interest ratio is currently 3.3 days. Approximately 11.1% of the company's shares are sold short. View Edgio's Short Interest. When is Edgio's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 20th 2024. View our EGIO earnings forecast. How were Edgio's earnings last quarter? Edgio, Inc. (NASDAQ:EGIO) posted its earnings results on Wednesday, November, 15th. The company reported ($2.80) earnings per share for the quarter, hitting the consensus estimate of ($2.80). The business earned $97.04 million during the quarter, compared to the consensus estimate of $96.44 million. Edgio had a negative trailing twelve-month return on equity of 45.85% and a negative net margin of 35.10%. When did Edgio's stock split? Shares of Edgio reverse split on Friday, March 1st 2024. The 1-40 reverse split was announced on Friday, March 1st 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, March 1st 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. What guidance has Edgio issued on next quarter's earnings? Edgio updated its fourth quarter 2023 earnings guidance on Friday, March, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $93.0 million-$95.0 million, compared to the consensus revenue estimate of $97.5 million. How do I buy shares of Edgio? Shares of EGIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:EGIO) was last updated on 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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