NASDAQ:WIFI - Boingo Wireless Stock Price, News, & Analysis

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$32.42 -0.05 (-0.15 %)
(As of 09/24/2018 06:00 AM ET)
Previous Close$32.42
Today's Range$32.36 - $33.72
52-Week Range$20.02 - $35.98
Volume433,802 shs
Average Volume313,046 shs
Market Capitalization$1.37 billion
P/E Ratio-66.16
Dividend YieldN/A
Beta0.58
Boingo Wireless logoBoingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices. It designs, builds, monitors, and maintains distributed antenna systems (DAS), Wi-Fi, and small cell networks at managed and operated hotspot locations, such as airports, transportation hubs, stadiums, arenas, military bases, universities, convention centers, and office campuses in North America, Latin America, Europe, the Middle East, Africa, and Asia; and offers software applications and solutions to access its Wi-Fi network of approximately 1.5 million hotspots. The company also provides Internet protocol television services for military servicemen and women living in the barracks of the United States army, air force, and marine bases; and enables individuals to purchase Internet access at its managed and operated hotspots and select partner locations through month-to-month subscription and single-use access plans. In addition, it offers access to DAS at certain of its managed and operated hotspot locations to telecom operator partners; and carrier offload services, Wi-Fi roaming and software services, and turn-key solutions to network operators, device manufacturers, technology companies, enterprise software and services companies, venue operators, and financial services companies, as well as provides display advertising, sponsored access, and promotional programs. The company was formerly known as Project Mammoth, Inc. and changed its name to Boingo Wireless, Inc. in October 2001. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Communication services, not elsewhere classified
Sub-IndustryWireless Telecommunication Services
SectorComputer and Technology
SymbolNASDAQ:WIFI
CUSIP09739C10
Phone310-586-5180

Debt

Debt-to-Equity Ratio0.07
Current Ratio0.43
Quick Ratio0.43

Price-To-Earnings

Trailing P/E Ratio-66.16
Forward P/E Ratio-154.38
P/E GrowthN/A

Sales & Book Value

Annual Sales$204.37 million
Price / Sales6.71
Cash Flow$1.3046 per share
Price / Cash24.85
Book Value$2.43 per share
Price / Book13.34

Profitability

EPS (Most Recent Fiscal Year)($0.49)
Net Income$-19,360,000.00
Net Margins-2.44%
Return on Equity-5.51%
Return on Assets-1.44%

Miscellaneous

Employees334
Outstanding Shares42,280,000
Market Cap$1.37 billion

Boingo Wireless (NASDAQ:WIFI) Frequently Asked Questions

What is Boingo Wireless' stock symbol?

Boingo Wireless trades on the NASDAQ under the ticker symbol "WIFI."

How were Boingo Wireless' earnings last quarter?

Boingo Wireless Inc (NASDAQ:WIFI) posted its quarterly earnings data on Wednesday, August, 1st. The technology company reported $0.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.14) by $0.19. The technology company earned $59.60 million during the quarter, compared to the consensus estimate of $56.52 million. Boingo Wireless had a negative net margin of 2.44% and a negative return on equity of 5.51%. The firm's revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.20) EPS. View Boingo Wireless' Earnings History.

When is Boingo Wireless' next earnings date?

Boingo Wireless is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Boingo Wireless.

What guidance has Boingo Wireless issued on next quarter's earnings?

Boingo Wireless updated its FY18 earnings guidance on Wednesday, August, 1st. The company provided EPS guidance of ($0.36)-($0.24) for the period, compared to the Thomson Reuters consensus estimate of ($0.46). The company issued revenue guidance of $243-$250 million, compared to the consensus revenue estimate of $234.82 million.Boingo Wireless also updated its Q3 guidance to ($0.16)-($0.09) EPS.

What price target have analysts set for WIFI?

9 equities research analysts have issued 1-year target prices for Boingo Wireless' shares. Their forecasts range from $30.00 to $39.00. On average, they anticipate Boingo Wireless' share price to reach $35.4286 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets for Boingo Wireless.

What is the consensus analysts' recommendation for Boingo Wireless?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boingo Wireless in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Boingo Wireless.

Are investors shorting Boingo Wireless?

Boingo Wireless saw a drop in short interest in the month of August. As of August 15th, there was short interest totalling 1,918,695 shares, a drop of 30.7% from the July 31st total of 2,768,793 shares. Based on an average daily volume of 1,238,233 shares, the days-to-cover ratio is presently 1.5 days. Approximately 4.7% of the shares of the stock are sold short. View Boingo Wireless' Current Options Chain.

Who are some of Boingo Wireless' key competitors?

Who are Boingo Wireless' key executives?

Boingo Wireless' management team includes the folowing people:
  • Mr. David Hagan, Chairman & CEO (Age 57)
  • Mr. Peter Hovenier, CFO & Sec. (Age 50)
  • Mr. Tom Tracey, Sr. VP of Operations (Age 55)
  • Dr. Derek Peterson, Chief Technology Officer (Age 47)
  • Ms. Dawn Callahan, Chief Marketing Officer (Age 48)

Who are Boingo Wireless' major shareholders?

Boingo Wireless' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.64%), Renaissance Technologies LLC (7.30%), Dimensional Fund Advisors LP (4.70%), Bank of New York Mellon Corp (3.76%), Bank of New York Mellon Corp (3.72%) and Voya Investment Management LLC (3.20%). Company insiders that own Boingo Wireless stock include David Hagan, Dawn Callahan, Derek Peterson, Michael Finley, Peter Hovenier, Terrell B Jones and Tom Tracey. View Institutional Ownership Trends for Boingo Wireless.

Which major investors are selling Boingo Wireless stock?

WIFI stock was sold by a variety of institutional investors in the last quarter, including Hood River Capital Management LLC, Portolan Capital Management LLC, Monarch Partners Asset Management LLC, Millennium Management LLC, Acadian Asset Management LLC, Russell Investments Group Ltd., Renaissance Technologies LLC and United Services Automobile Association. Company insiders that have sold Boingo Wireless company stock in the last year include David Hagan, Dawn Callahan, Derek Peterson, Michael Finley, Peter Hovenier, Terrell B Jones and Tom Tracey. View Insider Buying and Selling for Boingo Wireless.

Which major investors are buying Boingo Wireless stock?

WIFI stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Voya Investment Management LLC, Emerald Advisers Inc. PA, Emerald Mutual Fund Advisers Trust, BlackRock Inc., Pembroke Management LTD, Bank of New York Mellon Corp and Bank of New York Mellon Corp. View Insider Buying and Selling for Boingo Wireless.

How do I buy shares of Boingo Wireless?

Shares of WIFI 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 Boingo Wireless' stock price today?

One share of WIFI stock can currently be purchased for approximately $32.42.

How big of a company is Boingo Wireless?

Boingo Wireless has a market capitalization of $1.37 billion and generates $204.37 million in revenue each year. The technology company earns $-19,360,000.00 in net income (profit) each year or ($0.49) on an earnings per share basis. Boingo Wireless employs 334 workers across the globe.

What is Boingo Wireless' official website?

The official website for Boingo Wireless is http://www.boingo.com.

How can I contact Boingo Wireless?

Boingo Wireless' mailing address is 10960 WILSHIRE BLVD. 23RD FLOOR, LOS ANGELES CA, 90024. The technology company can be reached via phone at 310-586-5180 or via email at [email protected]


MarketBeat Community Rating for Boingo Wireless (NASDAQ WIFI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  311 (Vote Outperform)
Underperform Votes:  245 (Vote Underperform)
Total Votes:  556
MarketBeat's community ratings are surveys of what our community members think about Boingo Wireless and other stocks. Vote "Outperform" if you believe WIFI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WIFI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/24/2018 by MarketBeat.com Staff

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