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

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$23.15 -0.38 (-1.61 %)
(As of 12/10/2018 10:55 AM ET)
Previous Close$23.53
Today's Range$23.15 - $24.3475
52-Week Range$20.02 - $35.98
Volume67,634 shs
Average Volume561,613 shs
Market Capitalization$1.00 billion
P/E Ratio-47.24
Dividend YieldN/A
Beta0.8
Boingo 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
Current SymbolNASDAQ:WIFI
Previous Symbol
CUSIP09739C10
Phone310-586-5180

Debt

Debt-to-Equity Ratio0.06
Current Ratio0.29
Quick Ratio0.29

Price-To-Earnings

Trailing P/E Ratio-47.24
Forward P/E Ratio-192.92
P/E GrowthN/A

Sales & Book Value

Annual Sales$204.37 million
Price / Sales4.82
Cash Flow$1.2840 per share
Price / Cash Flow18.03
Book Value$2.43 per share
Price / Book9.53

Profitability

EPS (Most Recent Fiscal Year)($0.49)
Net Income$-19,360,000.00
Net Margins-1.10%
Return on Equity-2.53%
Return on Assets-0.67%

Miscellaneous

Employees334
Outstanding Shares42,510,000
Market Cap$1.00 billion
OptionableOptionable

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) announced its quarterly earnings data on Thursday, November, 1st. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.10) by $0.09. The technology company had revenue of $65.25 million for the quarter, compared to analysts' expectations of $63.32 million. Boingo Wireless had a negative return on equity of 2.53% and a negative net margin of 1.10%. Boingo Wireless's revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.09) earnings per share. View Boingo Wireless' Earnings History.

When is Boingo Wireless' next earnings date?

Boingo Wireless is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Boingo Wireless.

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

Boingo Wireless issued an update on its FY18 earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of $(0.24)-(0.12) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.26). The company issued revenue guidance of $243-250 million, compared to the consensus revenue estimate of $249.04 million.Boingo Wireless also updated its FY 2018 guidance to $-0.24--0.12 EPS.

What price target have analysts set for WIFI?

9 brokers have issued 12 month target prices for Boingo Wireless' stock. Their forecasts range from $32.00 to $40.00. On average, they anticipate Boingo Wireless' share price to reach $36.7143 in the next twelve months. This suggests a possible upside of 58.6% 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.

Has Boingo Wireless been receiving favorable news coverage?

Media headlines about WIFI stock have trended very positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Boingo Wireless earned a daily sentiment score of 3.9 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

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 many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.77%), BlackRock Inc. (7.69%), Renaissance Technologies LLC (7.05%), FMR LLC (6.96%), Dimensional Fund Advisors LP (4.67%) and Bank of New York Mellon Corp (2.75%). 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 Bank of New York Mellon Corp, Russell Investments Group Ltd., The Manufacturers Life Insurance Company , Allianz Asset Management GmbH, Falcon Point Capital LLC, Renaissance Technologies LLC, PNC Financial Services Group Inc. and TIAA CREF Investment Management LLC. 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 FMR LLC, Fuller & Thaler Asset Management Inc., Vanguard Group Inc., Emerald Mutual Fund Advisers Trust, Emerald Advisers Inc. PA, EAM Investors LLC, EAM Global Investors LLC and Chicago Equity Partners LLC. 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 $23.15.

How big of a company is Boingo Wireless?

Boingo Wireless has a market capitalization of $1.00 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:  332 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  594
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 12/10/2018 by MarketBeat.com Staff

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