Positive News SentimentPositive NewsNASDAQ:EGIO Edgio (EGIO) Stock Price, News & Analysis $10.46 -0.39 (-3.59%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$10.11▼$11.0050-Day Range$8.55▼$12.1852-Week Range$6.67▼$44.00Volume35,064 shsAverage Volume79,798 shsMarket Capitalization$60.98 millionP/E RatioN/ADividend YieldN/APrice Target$20.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Edgio alerts: Email Address Edgio MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside91.2% Upside$20.00 Price TargetShort InterestHealthy10.72% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee 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.1.41 out of 5 starsComputer And Technology Sector509th out of 612 stocksBusiness Services, Not Elsewhere Classified Industry86th out of 93 stocks 3.0 Analyst's Opinion Consensus RatingEdgio has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageEdgio has received no research coverage in the past 90 days.Read more about Edgio's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted10.72% of the float of Edgio has been sold short.Short Interest Ratio / Days to CoverEdgio has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Edgio has recently decreased by 7.59%, indicating that investor sentiment is improving 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 2.7 News and Social Media Coverage News SentimentEdgio has a news sentiment score of 1.89. 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 higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Edgio this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Edgio to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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.Read more about Edgio's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Edgio is -0.41, 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 -0.41, 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 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Edgio's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatWe just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.Start Your Risk-Free Trial Here 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 HeadlinesJune 7, 2024 | businesswire.comEdgio, Inc. Adopts Tax Benefits Preservation Plan Designed to Protect the Availability of Its Tax BenefitsMay 21, 2024 | businesswire.comEdgio, Inc. Receives Expected Notice from NASDAQJuly 26, 2024 | Traders Agency (Ad)5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942%, and 12,592% in 2020. Now their next one could be here.May 16, 2024 | benzinga.comEXCLUSIVE: Andrew Left Shorted GameStop — Here Are His 3 Long Stock Ideas - GEO Group (NYSE:GEO), Edgio (NASDAQ:EGIO)May 15, 2024 | businesswire.comEdgio Empowers Vercara to Push the Boundaries of Performance & Security to the EdgeMay 6, 2024 | businesswire.comEdgio Named Winner of the Coveted Global InfoSec Awards During RSA Conference 2024May 2, 2024 | businesswire.comEdgio Launches Attack Surface Management for Continuous Threat ProtectionApril 30, 2024 | businesswire.comTabletop Tactics Selects Edgio to Deliver Premium Video Content GloballyJuly 26, 2024 | Traders Agency (Ad)5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942%, and 12,592% in 2020. Now their next one could be here.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 SlipsMarch 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 1See 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 Earnings11/15/2023Today7/26/2024Next Earnings (Estimated)9/10/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Business services, not elsewhere classified Sub-IndustryBusiness Services Current SymbolNASDAQ:EGIO CUSIPN/A CIK1391127 Webwww.limelight.com Phone(602) 850-5000Fax602-850-5001Employees550Year FoundedN/APrice Target and Rating Average Stock Price Target$20.00 High Stock Price Target$30.00 Low Stock Price Target$10.00 Potential Upside/Downside+93.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$338.60 million Price / Sales0.18 Cash FlowN/A Price / Cash FlowN/A Book Value$43.20 per share Price / Book0.24Miscellaneous Outstanding Shares5,830,000Free Float5,678,000Market Cap$60.40 million OptionableOptionable Beta0.51 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.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 50)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 CompetitorsiClick Interactive Asia GroupNASDAQ:ICLKComputer Programs and SystemsNASDAQ:CPSIFiscalNoteNYSE:NOTEOptimizeRxNASDAQ:OPRXBridger Aerospace GroupNASDAQ:BAERView All CompetitorsInstitutional OwnershipJacobs Levy Equity Management Inc.Sold 1,305,314 shares on 5/16/2024Ownership: 0.663%Gabelli Funds LLCSold 794,461 shares on 5/15/2024Ownership: 0.341%BNP Paribas Financial MarketsSold 405,058 shares on 5/1/2024Ownership: 0.154%View All Institutional Transactions EGIO Stock Analysis - Frequently Asked Questions How have EGIO shares performed this year? Edgio's stock was trading at $13.70 at the start of the year. Since then, EGIO stock has decreased by 23.6% and is now trading at $10.46. View the best growth stocks for 2024 here. How were Edgio's earnings last quarter? Edgio, Inc. (NASDAQ:EGIO) issued its quarterly earnings data on Wednesday, November, 15th. The company reported ($2.80) earnings per share for the quarter, hitting analysts' consensus estimates of ($2.80). The business had revenue of $97.04 million for the quarter, compared to analysts' expectations of $96.44 million. When did Edgio's stock split? Shares of Edgio reverse split before market open 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. 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. 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