NASDAQ:WIFI - Boingo Wireless Stock Price, Price Target & More

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$22.13 -0.60 (-2.64 %)
(As of 06/25/2018 03:43 PM ET)
Previous Close$22.59
Today's Range$22.09 - $22.63
52-Week Range$14.33 - $28.34
Volume33,539 shs
Average Volume461,290 shs
Market Capitalization$950.48 million
P/E Ratio-45.31
Dividend YieldN/A
Beta0.55
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

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 Ratio0.39
Quick Ratio0.39

Price-To-Earnings

Trailing P/E Ratio-45.31
Forward P/E Ratio-51.47
P/E GrowthN/A

Sales & Book Value

Annual Sales$204.37 million
Price / Sales4.53
Cash Flow$1.2704 per share
Price / Cash17.42
Book Value$2.43 per share
Price / Book9.11

Profitability

EPS (Most Recent Fiscal Year)($0.49)
Net Income$-19,360,000.00
Net Margins-7.13%
Return on Equity-15.98%
Return on Assets-4.08%

Miscellaneous

Employees334
Outstanding Shares41,820,000

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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 Thursday, May, 3rd. The technology company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.09. The technology company had revenue of $58.20 million for the quarter, compared to the consensus estimate of $52.07 million. Boingo Wireless had a negative net margin of 7.13% and a negative return on equity of 15.98%. The business's revenue was up 31.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.18) 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 Wednesday, August, 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 Thursday, May, 3rd. The company provided earnings per share guidance of ($0.48)-($0.36) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.46). The company issued revenue guidance of $227-234 million, compared to the consensus revenue estimate of $231.65 million.Boingo Wireless also updated its Q2 guidance to ($0.17)-($0.10) EPS.

What price target have analysts set for WIFI?

9 equities research analysts have issued 1-year price objectives for Boingo Wireless' shares. Their predictions range from $24.00 to $32.00. On average, they expect Boingo Wireless' share price to reach $29.5714 in the next year. View Analyst Ratings for Boingo Wireless.

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)
  • Mr. Derek Peterson Ph.D., Chief Technology Officer (Age 47)
  • Ms. Dawn Callahan, Chief Marketing Officer (Age 48)

Has Boingo Wireless been receiving favorable news coverage?

News headlines about WIFI stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Boingo Wireless earned a media sentiment score of 0.08 on Accern's scale. They also gave press coverage about the technology company an impact score of 45.95 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Boingo Wireless' major shareholders?

Boingo Wireless' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.92%), Dimensional Fund Advisors LP (4.77%), Hood River Capital Management LLC (3.39%), Russell Investments Group Ltd. (2.44%), Allianz Asset Management GmbH (1.90%) and Allianz Asset Management GmbH (1.90%). 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 BlackRock Inc., Millennium Management LLC, Cortina Asset Management LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Monarch Partners Asset Management LLC, Russell Investments Group Ltd., Osterweis Capital Management Inc. and Next Century Growth Investors 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 institutional investors are buying Boingo Wireless stock?

WIFI stock was acquired by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Pier Capital LLC, Hood River Capital Management LLC, The Manufacturers Life Insurance Company , Allianz Asset Management GmbH, Allianz Asset Management GmbH, Granite Investment Partners LLC and WINTON GROUP Ltd. 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 $22.23.

How big of a company is Boingo Wireless?

Boingo Wireless has a market capitalization of $950.48 million 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.

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 (WIFI)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  262 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  449
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 6/25/2018 by MarketBeat.com Staff

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