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NASDAQ:LLNW

Limelight Networks Stock Forecast, Price & News

$5.78
+0.10 (+1.76 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$5.62
Now: $5.78
$5.84
50-Day Range
$4.99
MA: $5.78
$6.46
52-Week Range
$2.78
Now: $5.78
$8.19
Volume1.69 million shs
Average Volume2.51 million shs
Market Capitalization$705.58 million
P/E RatioN/A
Dividend YieldN/A
Beta0.6
Limelight Networks, Inc. provides content delivery and related services and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers services and solutions for businesses to deliver their digital content across Internet, mobile, social, and other digital initiatives. It operates edge services platform that provides content delivery services, video content management services, performance services for Website and Web application acceleration and security, professional services, cloud storage, and edge computing services, as well as sells equipment. The company also offers professional services and other infrastructure services, such as transit and rack space services. It serves media companies operating in the television, music, radio, newspaper, magazine, movie, gaming, software, and social media industries, as well as enterprises, technology companies, and government entities conducting business online. Limelight Networks, Inc. was founded in 2001 and is headquartered in Tempe, Arizona.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.77 out of 5 stars


Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
Current SymbolNASDAQ:LLNW
CUSIP53261M10
Phone602-850-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$200.63 million
Cash Flow$0.04 per share
Book Value$1.40 per share

Profitability

Net Income$-16,040,000.00

Miscellaneous

Employees562
Market Cap$705.58 million
Next Earnings Date10/21/2020 (Estimated)
OptionableOptionable
$5.78
+0.10 (+1.76 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Limelight Networks (NASDAQ:LLNW) Frequently Asked Questions

How has Limelight Networks' stock been impacted by Coronavirus?

Limelight Networks' stock was trading at $4.47 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LLNW stock has increased by 29.3% and is now trading at $5.78.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Limelight Networks?

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

When is Limelight Networks' next earnings date?

Limelight Networks is scheduled to release its next quarterly earnings announcement on Wednesday, October 21st 2020.
View our earnings forecast for Limelight Networks
.

How were Limelight Networks' earnings last quarter?

Limelight Networks, Inc. (NASDAQ:LLNW) posted its quarterly earnings results on Monday, July, 20th. The information services provider reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.02. The information services provider had revenue of $58.55 million for the quarter, compared to the consensus estimate of $56.72 million. Limelight Networks had a negative return on equity of 4.42% and a negative net margin of 3.21%. The firm's revenue was up 27.5% on a year-over-year basis. During the same quarter last year, the company posted ($0.03) EPS.
View Limelight Networks' earnings history
.

What guidance has Limelight Networks issued on next quarter's earnings?

Limelight Networks issued an update on its FY20 earnings guidance on Monday, July, 20th. The company provided earnings per share guidance of $0.00-0.10 for the period, compared to the Thomson Reuters consensus estimate of $0.05. The company issued revenue guidance of $230-240 million, compared to the consensus revenue estimate of $221.09 million.

What price target have analysts set for LLNW?

8 Wall Street analysts have issued 12 month price targets for Limelight Networks' stock. Their forecasts range from $4.10 to $9.00. On average, they expect Limelight Networks' share price to reach $8.09 in the next twelve months. This suggests a possible upside of 39.9% from the stock's current price.
View analysts' price targets for Limelight Networks
.

Are investors shorting Limelight Networks?

Limelight Networks saw a increase in short interest in September. As of September 15th, there was short interest totaling 16,340,000 shares, an increase of 22.3% from the August 31st total of 13,360,000 shares. Based on an average daily volume of 3,550,000 shares, the short-interest ratio is currently 4.6 days.
View Limelight Networks' Short Interest
.

Who are some of Limelight Networks' key competitors?

What other stocks do shareholders of Limelight Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Limelight Networks investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Plug Power (PLUG), Square (SQ), Inovio Pharmaceuticals (INO), Micron Technology (MU), QUALCOMM (QCOM), Nokia Oyj (NOK), Zynga (ZNGA) and Docusign (DOCU).

Who are Limelight Networks' key executives?

Limelight Networks' management team includes the following people:
  • Mr. Robert A. Lento, Pres, CEO & Director (Age 58)
  • Mr. Sajid Malhotra, Chief Financial Officer (Age 55)
  • Mr. Michael D. DiSanto, Sr. VP, Chief Admin. & Legal Officer and Sec. (Age 46)
  • Mr. Kurt Silverman, Sr. VP of Devel. & Delivery (Age 62)
  • Mr. Nathan F. Raciborski, Founder (Age 52)

What is Limelight Networks' stock symbol?

Limelight Networks trades on the NASDAQ under the ticker symbol "LLNW."

Who are Limelight Networks' major shareholders?

Limelight Networks' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.11%), Federated Hermes Inc. (4.24%), Driehaus Capital Management LLC (2.74%), Marshall Wace North America L.P. (2.08%), AWM Investment Company Inc. (1.70%) and Wasatch Advisors Inc. (1.51%). Company insiders that own Limelight Networks stock include David Peterschmidt, Jeffrey T Fisher, Kurt Silverman, Michael Disanto, Robert A Lento, Sajid Malhotra, Thomas Marth and Walter Amaral.
View institutional ownership trends for Limelight Networks
.

Which institutional investors are selling Limelight Networks stock?

LLNW stock was sold by a variety of institutional investors in the last quarter, including Quaker Capital Investments LLC, Intrinsic Edge Capital Management LLC, Wasatch Advisors Inc., Heartland Advisors Inc., Driehaus Capital Management LLC, Falcon Point Capital LLC, Russell Investments Group Ltd., and AQR Capital Management LLC. Company insiders that have sold Limelight Networks company stock in the last year include David Peterschmidt, Jeffrey T Fisher, Kurt Silverman, Michael Disanto, Robert A Lento, Sajid Malhotra, Thomas Marth, and Walter Amaral.
View insider buying and selling activity for Limelight Networks
.

Which institutional investors are buying Limelight Networks stock?

LLNW stock was bought by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Macquarie Group Ltd., Marshall Wace LLP, Monarch Partners Asset Management LLC, Great Lakes Advisors LLC, Federated Hermes Inc., Cowen Prime Services LLC, and Mackay Shields LLC. Company insiders that have bought Limelight Networks stock in the last two years include Sajid Malhotra, and Thomas Marth.
View insider buying and selling activity for Limelight Networks
.

How do I buy shares of Limelight Networks?

Shares of LLNW 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 Limelight Networks' stock price today?

One share of LLNW stock can currently be purchased for approximately $5.78.

How big of a company is Limelight Networks?

Limelight Networks has a market capitalization of $705.58 million and generates $200.63 million in revenue each year. The information services provider earns $-16,040,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis. Limelight Networks employs 562 workers across the globe.

What is Limelight Networks' official website?

The official website for Limelight Networks is www.limelight.com.

How can I contact Limelight Networks?

Limelight Networks' mailing address is 1465 NORTH SCOTTSDALE ROAD SUITE 400, SCOTTSDALE AZ, 85257. The information services provider can be reached via phone at 602-850-5000 or via email at [email protected]

This page was last updated on 9/27/2020 by MarketBeat.com Staff

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