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

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

Boingo Wireless Inc (NASDAQ:WIFI) released its quarterly earnings results on Wednesday, August, 1st. The technology company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of ($0.14) by $0.19. The technology company had revenue of $59.60 million for 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%. Boingo Wireless's revenue for the quarter 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.

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

Boingo Wireless issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share 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.

8 equities research analysts have issued twelve-month price objectives for Boingo Wireless' shares. Their forecasts range from $30.00 to $38.00. On average, they anticipate Boingo Wireless' stock price to reach $32.1667 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price. View Analyst Price Targets for Boingo Wireless.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boingo Wireless in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Boingo Wireless.

Some companies that are related to Boingo Wireless include Telecom Italia SpA ADR Class A (TI.A), Intelsat (I), INMARSAT PLC/ADR (IMASY), Magyar Telekom Tavkozlesi Nyrt (MYTAY), ORBCOMM (ORBC), Gogo (GOGO), Calix (CALX), Hawaiian Telcom HoldCo (HCOM), RigNet (RNET), Global Eagle Entertainment (ENT), B Communications (BCOM), Remark (MARK), Lithium Co.. (LTUM), Dropcar (DCAR) and Plaintree Systems (PTEEF).

Press coverage about WIFI stock has trended somewhat positive on Monday, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Boingo Wireless earned a news and rumor sentiment score of 0.13 on Accern's scale. They also assigned media headlines about the technology company an impact score of 46.63 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Boingo Wireless.

Boingo Wireless' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.64%), Renaissance Technologies LLC (7.30%), Dimensional Fund Advisors LP (4.70%), Bank of New York Mellon Corp (3.76%), Voya Investment Management LLC (3.20%) and Hood River Capital Management LLC (2.65%). 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.

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.

WIFI stock was bought 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 Osterweis Capital Management Inc.. View Insider Buying and Selling for 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.

One share of WIFI stock can currently be purchased for approximately $31.35.

Boingo Wireless has a market capitalization of $1.29 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.

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]