NASDAQ:LLNW - Limelight Networks Stock Price, News, & Analysis

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$3.00 +0.03 (+1.01 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$3.00
Today's Range$2.97 - $3.04
52-Week Range$2.21 - $5.52
Volume510,663 shs
Average Volume622,381 shs
Market Capitalization$342.74 million
P/E Ratio-150.00
Dividend YieldN/A
Beta2.75
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, and social channels. It provides Orchestrate Platform, a suite of integrated services comprising content delivery, video content management, Website and Web application acceleration, Website and content security, and cloud storage services. 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, game, 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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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$195.67 million
Cash Flow$0.1468 per share
Book Value$1.45 per share

Profitability

Net Income$9.84 million

Miscellaneous

Employees563
Market Cap$342.74 million
OptionableOptionable

Limelight Networks (NASDAQ:LLNW) Frequently Asked Questions

What is Limelight Networks' stock symbol?

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

How will Limelight Networks' stock buyback program work?

Limelight Networks declared that its board has initiated a stock buyback plan on Monday, April 10th 2017, which authorizes the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 10.6% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

How were Limelight Networks' earnings last quarter?

Limelight Networks, Inc. (NASDAQ:LLNW) released its quarterly earnings results on Wednesday, January, 30th. The information services provider reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.01) by $0.04. The information services provider had revenue of $44 million for the quarter, compared to analyst estimates of $43.73 million. Limelight Networks had a negative return on equity of 1.34% and a net margin of 5.03%. Limelight Networks's revenue was down 8.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.04 EPS. View Limelight Networks' Earnings History.

When is Limelight Networks' next earnings date?

Limelight Networks is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for Limelight Networks.

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

Limelight Networks issued an update on its FY19 earnings guidance on Wednesday, January, 30th. The company provided EPS guidance of $0.10-0.20 for the period, compared to the Thomson Reuters consensus estimate of $0.14. The company issued revenue guidance of $215-225 million, compared to the consensus revenue estimate of $217.01 million.Limelight Networks also updated its FY 2019 guidance to $0.10-0.20 EPS.

What price target have analysts set for LLNW?

5 brokerages have issued twelve-month price targets for Limelight Networks' shares. Their forecasts range from $6.00 to $7.00. On average, they expect Limelight Networks' stock price to reach $6.3750 in the next year. This suggests a possible upside of 112.5% from the stock's current price. View Analyst Price Targets for Limelight Networks.

What is the consensus analysts' recommendation for 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.

Has Limelight Networks been receiving favorable news coverage?

News coverage about LLNW stock has been trending neutral this week, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Limelight Networks earned a daily sentiment score of 0.2 on InfoTrie's scale. They also gave news articles about the information services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.

Who are some of Limelight Networks' key competitors?

Who are Limelight Networks' key executives?

Limelight Networks' management team includes the folowing people:
  • Mr. Robert A. Lento, Pres, CEO & Director (Age 58)
  • Mr. Sajid Malhotra, Sr. VP & CFO (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)

Who are Limelight Networks' major shareholders?

Limelight Networks' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.72%), Dimensional Fund Advisors LP (3.83%), United Services Automobile Association (2.60%), DDD Partners LLC (1.46%), First Washington CORP (1.42%) and Banque Pictet & Cie SA (1.36%). Company insiders that own Limelight Networks stock include Daniel R Boncel, David Peterschmidt, George Vonderhaar, Goldman Sachs Group Inc, Jeffrey T Fisher, Kurt Silverman, Mark J Midle, Robert A Lento and Sajid Malhotra. View Institutional Ownership Trends for Limelight Networks.

Which major investors are selling Limelight Networks stock?

LLNW stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Falcon Point Capital LLC, B. Riley Financial Inc., Squarepoint Ops LLC, Bank of New York Mellon Corp, Perritt Capital Management Inc., Connor Clark & Lunn Investment Management Ltd. and D. E. Shaw & Co. Inc.. Company insiders that have sold Limelight Networks company stock in the last year include Daniel R Boncel, David Peterschmidt, George Vonderhaar, Goldman Sachs Group Inc, Jeffrey T Fisher, Kurt Silverman, Robert A Lento and Sajid Malhotra. View Insider Buying and Selling for Limelight Networks.

Which major investors are buying Limelight Networks stock?

LLNW stock was bought by a variety of institutional investors in the last quarter, including DDD Partners LLC, Alambic Investment Management L.P., United Services Automobile Association, Cannell Capital LLC, Two Sigma Investments LP, Royce & Associates LP, Two Sigma Advisers LP and Geode Capital Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Limelight Networks' stock price today?

One share of LLNW stock can currently be purchased for approximately $3.00.

How big of a company is Limelight Networks?

Limelight Networks has a market capitalization of $342.74 million and generates $195.67 million in revenue each year. The information services provider earns $9.84 million in net income (profit) each year or ($0.02) on an earnings per share basis. Limelight Networks employs 563 workers across the globe.

What is Limelight Networks' official website?

The official website for Limelight Networks is http://www.limelight.com.

How can I contact Limelight Networks?

Limelight Networks' mailing address is 222 SOUTH MILL AVENUE 8TH FLOOR, TEMPE AZ, 85281. The information services provider can be reached via phone at 602-850-5000 or via email at [email protected]


MarketBeat Community Rating for Limelight Networks (NASDAQ LLNW)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  322 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  557
MarketBeat's community ratings are surveys of what our community members think about Limelight Networks and other stocks. Vote "Outperform" if you believe LLNW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LLNW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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