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

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$5.27 +0.18 (+3.54 %)
(As of 09/26/2018 08:00 AM ET)
Previous Close$5.09
Today's Range$5.05 - $5.28
52-Week Range$3.69 - $6.05
Volume939,200 shs
Average Volume677,483 shs
Market Capitalization$573.35 million
P/E Ratio254.50
Dividend YieldN/A
Beta2.27
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
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 Ratio2.54
Quick Ratio2.54

Price-To-Earnings

Trailing P/E Ratio254.50
Forward P/E Ratio175.67
P/E Growth12.34

Sales & Book Value

Annual Sales$184.36 million
Price / Sales3.22
Cash Flow$0.1755 per share
Price / Cash30.02
Book Value$1.31 per share
Price / Book4.02

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$-7,630,000.00
Net Margins6.43%
Return on Equity1.99%
Return on Assets1.50%

Miscellaneous

Employees533
Outstanding Shares112,640,000
Market Cap$573.35 million

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 announced that its board has initiated a share buyback program on Monday, April 10th 2017, which permits the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 10.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were Limelight Networks' earnings last quarter?

Limelight Networks, Inc. (NASDAQ:LLNW) released its earnings results on Thursday, July, 19th. The information services provider reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. The information services provider had revenue of $50.25 million for the quarter, compared to analyst estimates of $49.64 million. Limelight Networks had a net margin of 6.43% and a return on equity of 1.99%. The company's revenue was up 10.8% compared to the same quarter last year. During the same period last year, the business posted $0.03 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, October, 18th 2018. View Earnings Estimates for Limelight Networks.

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

Limelight Networks updated its FY18 earnings guidance on Thursday, July, 19th. The company provided EPS guidance of $0.13-0.17 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.15. The company issued revenue guidance of $200-203 million, compared to the consensus revenue estimate of $202.98 million.

What price target have analysts set for LLNW?

5 analysts have issued twelve-month price objectives for Limelight Networks' stock. Their predictions range from $5.50 to $6.50. On average, they anticipate Limelight Networks' stock price to reach $6.00 in the next year. This suggests a possible upside of 13.9% 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (7/25/2018)
  • 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. Robert A. Lento, Pres, CEO & Director (Age 57)
  • 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. Kurt Silverman, Sr. VP of Devel. & Delivery (Age 61)

Who are Limelight Networks' major shareholders?

Limelight Networks' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.84%), Hood River Capital Management LLC (4.03%), Granahan Investment Management Inc. MA (3.87%), Dimensional Fund Advisors LP (3.56%), Renaissance Technologies LLC (3.29%) and Millennium Management LLC (1.94%). 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 B. Riley Financial Inc., Hood River Capital Management LLC, Cortina Asset Management LLC, Banque Pictet & Cie SA, Royce & Associates LP, ClariVest Asset Management LLC, Alambic Investment Management L.P. and Engineers Gate Manager LP. 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 major investors are buying Limelight Networks stock?

LLNW stock was purchased by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA, Federated Investors Inc. PA, Millennium Management LLC, Renaissance Technologies LLC, BlackRock Inc., Public Employees Retirement System of Ohio, United Services Automobile Association and Schwab Charles Investment Management Inc.. 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 $5.27.

How big of a company is Limelight Networks?

Limelight Networks has a market capitalization of $573.35 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.

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:  308 (Vote Outperform)
Underperform Votes:  219 (Vote Underperform)
Total Votes:  527
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 9/26/2018 by MarketBeat.com Staff

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