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

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$22.75 +0.73 (+3.32 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$22.02
Today's Range$21.99 - $23.11
52-Week Range$18.50 - $35.98
Volume504,194 shs
Average Volume519,370 shs
Market Capitalization$999.20 million
P/E Ratio-758.33
Dividend YieldN/A
Beta1.09
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$250.82 million
Cash Flow$2.0313 per share
Book Value$3.06 per share

Profitability

Net Income$-1,220,000.00

Miscellaneous

EmployeesN/A
Market Cap$999.20 million
Next Earnings Date5/2/2019 (Estimated)
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) posted its quarterly earnings data on Thursday, November, 1st. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.10) by $0.09. The technology company earned $65.25 million during the quarter, compared to analysts' expectations of $63.32 million. Boingo Wireless had a negative return on equity of 1.08% and a negative net margin of 0.49%. Boingo Wireless's revenue was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.09) 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, May 2nd 2019. View Earnings Estimates for Boingo Wireless.

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

Boingo Wireless updated its FY19 earnings guidance on Wednesday, February, 27th. The company provided earnings per share (EPS) guidance of ($0.45-0.34) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.18). The company issued revenue guidance of $270-280 million, compared to the consensus revenue estimate of $292.30 million.Boingo Wireless also updated its FY 2019 guidance to $-0.45--0.34 EPS.

What price target have analysts set for WIFI?

9 Wall Street analysts have issued 1 year price targets for Boingo Wireless' stock. Their forecasts range from $28.00 to $40.00. On average, they anticipate Boingo Wireless' share price to reach $34.8750 in the next year. This suggests a possible upside of 53.3% 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.

Has Boingo Wireless been receiving favorable news coverage?

News coverage about WIFI stock has trended somewhat negative recently, according to InfoTrie. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Boingo Wireless earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

Who are some of Boingo Wireless' key competitors?

What other stocks do shareholders of Boingo Wireless own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Boingo Wireless investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), JD.Com (JD), Intel (INTC), Applied Materials (AMAT), salesforce.com (CRM), Costco Wholesale (COST) and Momo (MOMO).

Who are Boingo Wireless' key executives?

Boingo Wireless' management team includes the folowing people:
  • Mr. David Hagan, Chairman & CEO (Age 58)
  • Mr. Peter Hovenier, CFO, Treasurer & Sec. (Age 51)
  • Mr. Tom Tracey, Sr. VP of Operations (Age 56)
  • Dr. Derek Peterson, Chief Technology Officer (Age 48)
  • Ms. Dawn Callahan, Chief Marketing Officer (Age 49)

Who are Boingo Wireless' major shareholders?

Boingo Wireless' stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (9.30%), BlackRock Inc. (7.96%), Dimensional Fund Advisors LP (4.64%), Dimensional Fund Advisors LP (4.64%), Victory Capital Management Inc. (2.83%) and Bank of New York Mellon Corp (2.35%). 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 institutional investors are selling Boingo Wireless stock?

WIFI stock was sold by a variety of institutional investors in the last quarter, including Portolan Capital Management LLC, Falcon Point Capital LLC, Bank of New York Mellon Corp, Granite Investment Partners LLC, PNC Financial Services Group Inc., D. E. Shaw & Co. Inc., Emerald Mutual Fund Advisers Trust and Timpani Capital Management LLC. Company insiders that have sold Boingo Wireless company stock in the last year include David Hagan, Dawn Callahan, Michael Finley, Peter Hovenier and Tom Tracey. View Insider Buying and Selling for Boingo Wireless.

Which institutional investors are buying Boingo Wireless stock?

WIFI stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Bank of Montreal Can, Victory Capital Management Inc., BlackRock Inc., Two Sigma Investments LP, SG Americas Securities LLC, American Century Companies Inc. and Handelsinvest Investeringsforvaltning. 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 $22.75.

How big of a company is Boingo Wireless?

Boingo Wireless has a market capitalization of $999.20 million and generates $250.82 million in revenue each year. The technology company earns $-1,220,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis.

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:  355 (Vote Outperform)
Underperform Votes:  282 (Vote Underperform)
Total Votes:  637
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 3/25/2019 by MarketBeat.com Staff

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