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

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$33.18 -0.54 (-1.60 %)
(As of 10/18/2018 04:00 PM ET)
Previous Close$33.72
Today's Range$32.33 - $33.71
52-Week Range$20.02 - $35.98
Volume272,400 shs
Average Volume469,416 shs
Market Capitalization$1.48 billion
P/E Ratio-67.92
Dividend YieldN/A
Beta0.6
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
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-67.92
Forward P/E Ratio-158.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$204.37 million
Price / Sales6.86
Cash Flow$1.2404 per share
Price / Cash26.75
Book Value$2.43 per share
Price / Book13.65

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

Employees332
Outstanding Shares42,280,000
Market Cap$1.48 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) issued its earnings results on Wednesday, August, 1st. The technology company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.14) by $0.19. The technology company earned $59.60 million during the quarter, compared to analyst estimates of $56.52 million. Boingo Wireless had a negative return on equity of 5.51% and a negative net margin of 2.44%. The business's revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the firm earned ($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 earnings per share (EPS) guidance of ($0.36)-($0.24) for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 1-year price targets for Boingo Wireless' stock. Their forecasts range from $30.00 to $40.00. On average, they expect Boingo Wireless' stock price to reach $36.5714 in the next year. This suggests a possible upside of 10.2% 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 decline in short interest during the month of September. As of September 14th, there was short interest totalling 1,386,736 shares, a decline of 19.6% from the August 31st total of 1,724,497 shares. Based on an average daily trading volume, of 382,623 shares, the short-interest ratio is currently 3.6 days. Currently, 3.4% of the company's shares are short sold. 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 variety of of institutional and retail investors. Top institutional shareholders include NJ State Employees Deferred Compensation Plan (0.05%), New Jersey Better Educational Savings Trust (0.02%) and Fox Run Management L.L.C. (0.01%). 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 NJ State Employees Deferred Compensation Plan, New Jersey Better Educational Savings Trust and Fox Run Management L.L.C.. 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.

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 $33.18.

How big of a company is Boingo Wireless?

Boingo Wireless has a market capitalization of $1.48 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 332 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:  320 (Vote Outperform)
Underperform Votes:  252 (Vote Underperform)
Total Votes:  572
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 10/18/2018 by MarketBeat.com Staff

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