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NASDAQ:LLNWLimelight Networks Stock Price, Forecast & News

$5.07
-0.39 (-7.14 %)
(As of 05/28/2020 04:00 PM ET)
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Today's Range
$5.06
Now: $5.07
$5.52
50-Day Range
$4.90
MA: $5.48
$6.90
52-Week Range
$2.20
Now: $5.07
$6.99
Volume2.02 million shs
Average Volume1.76 million shs
Market Capitalization$606.67 million
P/E RatioN/A
Dividend YieldN/A
Beta1.02
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: 3.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.57 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$200.63 million
Cash Flow$0.03 per share
Book Value$1.37 per share

Profitability

Net Income$-16,040,000.00

Miscellaneous

Employees562
Market Cap$606.67 million
Next Earnings Date7/15/2020 (Estimated)
OptionableOptionable

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Limelight Networks (NASDAQ:LLNW) Frequently Asked Questions

How has Limelight Networks' stock been impacted by COVID-19 (Coronavirus)?

Limelight Networks' stock was trading at $4.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LLNW stock has increased by 13.4% and is now trading at $5.07. View which stocks have been most impacted by Coronavirus.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Limelight Networks 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 Limelight Networks.

When is Limelight Networks' next earnings date?

Limelight Networks is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for Limelight Networks.

How were Limelight Networks' earnings last quarter?

Limelight Networks, Inc. (NASDAQ:LLNW) posted its earnings results on Thursday, April, 23rd. The information services provider reported ($0.04) earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.04). The information services provider had revenue of $57.01 million for the quarter, compared to the consensus estimate of $54.66 million. Limelight Networks had a negative net margin of 5.94% and a negative return on equity of 7.90%. The business's quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.04) earnings per share. 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 Thursday, April, 23rd. The company provided earnings per share guidance of $0.00 to $0.10 for the period, compared to the Thomson Reuters consensus estimate of $0.06. The company issued revenue guidance of $225 million to $235 million from $223 million to $235 million, compared to the consensus revenue estimate of $221.09 million.

What price target have analysts set for LLNW?

5 Wall Street analysts have issued twelve-month price objectives for Limelight Networks' shares. Their forecasts range from $4.10 to $8.00. On average, they anticipate Limelight Networks' stock price to reach $6.65 in the next year. This suggests a possible upside of 31.2% from the stock's current price. View analysts' price targets for Limelight Networks.

Has Limelight Networks been receiving favorable news coverage?

Media stories about LLNW stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Limelight Networks earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the information services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutLimelight Networks.

Are investors shorting Limelight Networks?

Limelight Networks saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 8,400,000 shares, an increase of 34.8% from the April 30th total of 6,230,000 shares. Based on an average daily trading volume, of 1,940,000 shares, the short-interest ratio is currently 4.3 days. Approximately 7.4% of the company's stock are sold short. View Limelight Networks' Current Options Chain.

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 Canopy Growth (CGC), Ford Motor (F), Inovio Pharmaceuticals (INO), Corbus Pharmaceuticals (CRBP), Netflix (NFLX), AT&T (T), Tilray (TLRY), Alibaba Group (BABA), Catalyst Pharmaceuticals (CPRX) and Intel (INTC).

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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.91%), Lord Abbett & CO. LLC (3.71%), Granahan Investment Management Inc. MA (3.51%), Driehaus Capital Management LLC (3.07%), Wellington Management Group LLP (2.75%) and State Street Corp (2.00%). Company insiders that own Limelight Networks stock include David Peterschmidt, George Vonderhaar, Jeffrey T Fisher, Kurt Silverman, Robert A Lento, Sajid Malhotra and Thomas Marth. 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 Atom Investors LP, Morgan Stanley, Two Sigma Investments LP, Signia Capital Management LLC, Quaker Capital Investments LLC, JPMorgan Chase & Co., Parametric Portfolio Associates LLC, and Russell Investments Group Ltd.. Company insiders that have sold Limelight Networks company stock in the last year include David Peterschmidt, Jeffrey T Fisher, Robert A Lento, and Sajid Malhotra. View insider buying and selling activity for Limelight Networks.

Which institutional investors are buying Limelight Networks stock?

LLNW stock was acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Driehaus Capital Management LLC, Cowen Prime Services LLC, Precept Management LLC, Granahan Investment Management Inc. MA, Calamos Advisors LLC, Invesco Ltd., and Needham Investment Management 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 $5.07.

How big of a company is Limelight Networks?

Limelight Networks has a market capitalization of $606.67 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 5/29/2020 by MarketBeat.com Staff

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