NASDAQ:LLNW - Limelight Networks Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$5.01 -0.10 (-1.96 %)
(As of 06/21/2018 04:00 PM ET)
Previous Close$5.11
Today's Range$4.98 - $5.14
52-Week Range$2.73 - $6.05
Volume781,930 shs
Average Volume1.03 million shs
Market Capitalization$566.56 million
P/E Ratio-250.50
Dividend YieldN/A
Beta2.33
Limelight Networks logoLimelight 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.

Receive LLNW News and Ratings via Email

Sign-up to receive the latest news and ratings for LLNW and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio2.01
Quick Ratio2.01

Price-To-Earnings

Trailing P/E Ratio-250.50
Forward P/E Ratio125.25
P/E Growth64

Sales & Book Value

Annual Sales$184.36 million
Price / Sales3.01
Cash Flow$0.1659 per share
Price / Cash30.20
Book Value$1.31 per share
Price / Book3.82

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$-7,630,000.00
Net Margins-2.16%
Return on Equity1.50%
Return on Assets1.08%

Miscellaneous

Employees533
Outstanding Shares110,660,000

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 of Directors has approved a share repurchase program on Monday, April 10th 2017, which allows the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 10.6% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its stock is undervalued.

How were Limelight Networks' earnings last quarter?

Limelight Networks, Inc. (NASDAQ:LLNW) announced its earnings results on Thursday, April, 19th. The information services provider reported $0.06 EPS for the quarter, topping the consensus estimate of $0.02 by $0.04. The information services provider earned $52.11 million during the quarter, compared to analyst estimates of $48.17 million. Limelight Networks had a positive return on equity of 1.50% and a negative net margin of 2.16%. Limelight Networks's revenue was up 16.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.02 earnings per share. View Limelight Networks' Earnings History.

When is Limelight Networks' next earnings date?

Limelight Networks is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Limelight Networks.

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

Limelight Networks issued an update on its FY18 earnings guidance on Thursday, April, 19th. The company provided earnings per share (EPS) guidance of $0.13-0.17 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.12. The company issued revenue guidance of $198-202 million, compared to the consensus revenue estimate of $199.11 million.

What price target have analysts set for LLNW?

4 Wall Street analysts have issued 12 month price objectives for Limelight Networks' stock. Their predictions range from $5.50 to $6.00. On average, they anticipate Limelight Networks' stock price to reach $5.8750 in the next twelve months. View Analyst Ratings for Limelight Networks.

What are Wall Street analysts saying about Limelight Networks stock?

Here are some recent quotes from research analysts about Limelight Networks stock:
  • 1. According to Zacks Investment Research, "LIMELIGHT NETWORKS, INC. is a content delivery partner enabling the next wave of Internet business and entertainment. More than 1300 Internet, entertainment, software, and technology brands trust their robust, scalable platform to monetize their digital assets by delivering a brilliant online experience to their global audience. LimeLight's architecture bypasses the busy public Internet using a dedicated optical network that interconnects thousands of servers and delivers massive files at the speed of light -- directly to the access networks that consumers use every day. LimeLight's proven network and passion for service assures their customers that every object in their library will be instantly delivered to every user, every time. " (6/21/2018)
  • 2. B. Riley analysts commented, "We have increased our FY17 revenue/ AEBITDA from $181.4MM/$27.0MM to $184.2MM/$27.8MM and FY18 revenue/AEBITDA from $191.4MM/$31.8MM to $199.4MM/$32.3MM. We are raising our PT from $5.30 to $6.00 on higher estimates using a 14x ’19 AEBITDA multiple, which is in line with comps. Key Points Solid 3Q Beat. Revenue/AEBITDA came in at $46.1MM/$7.4MM versus RILY at $43.0MM/ $4.5MM and consensus of $43.1MM/$4.9MM. Revenue grew 17% Y/Y primarily due to increased ARPU (+36% Y/Y) and continued market share gains. PF GM increased 610bps Y/Y to 58.9%, versus our expectation of 200bps increase, due to mix shift to higher value traffic. Both customer satisfaction (as measured by traffic growth/incident tickets) and customer retention were at 14 quarter highs during 3Q and is a driver of market share gains." (10/19/2017)

Who are some of Limelight Networks' key competitors?

Who are Limelight Networks' key executives?

Limelight Networks' management team includes the folowing people:
  • Mr. Sajid Malhotra, Sr. VP & CFO (Age 54)
  • Mr. Michael D. DiSanto, Sr. VP, Chief Admin. & Legal Officer and Sec. (Age 45)
  • Mr. George E. Vonderhaar, Sr. VP & Chief Sales Officer (Age 57)
  • Mr. Robert A. Lento, Pres, CEO & Director (Age 57)
  • Mr. Nathan F. Raciborski, Founder (Age 51)

Has Limelight Networks been receiving favorable news coverage?

News articles about LLNW stock have been trending somewhat positive on Thursday, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Limelight Networks earned a daily sentiment score of 0.24 on Accern's scale. They also assigned news coverage about the information services provider an impact score of 47.95 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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. (6.37%), Hood River Capital Management LLC (5.24%), Dimensional Fund Advisors LP (3.46%), Cortina Asset Management LLC (2.06%), JPMorgan Chase & Co. (1.96%) and B. Riley Financial Inc. (1.80%). 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 institutional investors are selling Limelight Networks stock?

LLNW stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Cortina Asset Management LLC, GSA Capital Partners LLP, Dynamic Technology Lab Private Ltd, ClariVest Asset Management LLC, OMERS ADMINISTRATION Corp, Citigroup Inc. and Alambic Investment Management L.P.. 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, Mark J Midle, Robert A Lento and Sajid Malhotra. View Insider Buying and Selling for Limelight Networks.

Which institutional investors are buying Limelight Networks stock?

LLNW stock was purchased by a variety of institutional investors in the last quarter, including Hood River Capital Management LLC, Cannell Capital LLC, Federated Investors Inc. PA, JPMorgan Chase & Co., Millrace Asset Group Inc., Harvey Partners LLC, DDD Partners LLC and Spark Investment 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 $5.01.

How big of a company is Limelight Networks?

Limelight Networks has a market capitalization of $566.56 million and generates $184.36 million in revenue each year. The information services provider earns $-7,630,000.00 in net income (profit) each year or ($0.02) on an earnings per share basis. Limelight Networks employs 533 workers across the globe.

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 (LLNW)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  194 (Vote Underperform)
Total Votes:  466
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 6/21/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.