Straight Path Communications Company Profile (NYSEMKT:STRP)

About Straight Path Communications (NYSEMKT:STRP)

Straight Path Communications logoStraight Path Communications Inc. is a communications asset company. The Company owns Straight Path Spectrum, Inc. (Straight Path Spectrum), Straight Path Ventures, LLC (Straight Path Ventures), and Straight Path IP Group, Inc. (Straight Path IP Group). The Company's segments include Straight Path Spectrum, Straight Path Ventures and Straight Path IP Group. The Company holds a range of licenses for fixed and mobile wireless spectrum in the United States. These include licenses in the 39 gigahertz (38.6-40 gigahertz) band and the 28 gigahertz (27.5-28.35 gigahertz) portion of the local multipoint distribution service (LMDS) band. The Company also holds licenses for fixed wireless spectrum in other parts of the LMDS band. Straight Path Ventures is engaged in developing wireless technology. The Straight Path IP Group's principal business is the acquisition, development, licensing and protection of intellectual property.

Industry, Sector and Symbol:
  • Sector: Telecommunications Services
  • Industry: Wireless Telecommunications Services - NEC
  • Sub-Industry: N/A
  • Symbol: NYSEMKT:STRP
  • CUSIP: N/A
  • Web: spathinc.com/
Capitalization:
  • Market Cap: $2.28 billion
  • Outstanding Shares: 12,698,000
Average Prices:
  • 50 Day Moving Avg: $179.72
  • 200 Day Moving Avg: $101.54
  • 52 Week Range: $15.06 - $235.88
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -338.81
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $612,999.00
  • Price / Sales: 3,719.71
  • Book Value: ($0.62) per share
  • Price / Book: -289.63
Profitability:
  • Net Margins: -3,710.18%
  • Return on Assets: -161.05%
Misc:
  • Average Volume: 324,448 shs.
  • Beta: -2.43
  • Short Ratio: 3.98
 

Frequently Asked Questions for Straight Path Communications (NYSEMKT:STRP)

What is Straight Path Communications' stock symbol?

Straight Path Communications trades on the New York Stock Exchange (NYSE)MKT under the ticker symbol "STRP."

How were Straight Path Communications' earnings last quarter?

Straight Path Communications Inc (NYSEMKT:STRP) released its quarterly earnings data on Friday, March, 11th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.10. View Straight Path Communications' Earnings History.

Who are some of Straight Path Communications' key competitors?

How do I buy Straight Path Communications stock?

Shares of Straight Path Communications can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Straight Path Communications' stock price today?

One share of Straight Path Communications stock can currently be purchased for approximately $179.57.


MarketBeat Community Rating for Straight Path Communications (NYSEMKT STRP)
Community Ranking:  1.1 out of 5 ()
Outperform Votes:  4 (Vote Outperform)
Underperform Votes:  14 (Vote Underperform)
Total Votes:  18
MarketBeat's community ratings are surveys of what our community members think about Straight Path Communications and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Straight Path Communications (NYSEMKT:STRP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Straight Path Communications (NYSEMKT:STRP)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Straight Path Communications (NYSEMKT:STRP)
Earnings by Quarter for Straight Path Communications (NYSEMKT:STRP)
Earnings History by Quarter for Straight Path Communications (NYSEMKT STRP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/11/2016Q216($0.07)($0.17)$1.70 millionViewListenView Earnings Details
12/10/2015Q116($0.04)($0.05)$4.80 million$1.70 millionViewListenView Earnings Details
10/15/2015Q415$0.01($0.02)$2.80 millionViewListenView Earnings Details
6/9/2015$0.01$0.07ViewN/AView Earnings Details
3/12/2015Q215$0.01($0.02)$2.70 million$2.80 millionViewN/AView Earnings Details
10/14/2014Q414$0.06$3.30 millionViewListenView Earnings Details
6/16/2014Q3 14$0.01ViewN/AView Earnings Details
12/16/2013Q3($0.04)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Straight Path Communications (NYSEMKT:STRP)
Current Year EPS Consensus Estimate: $-3.19 EPS
Next Year EPS Consensus Estimate: $-0.53 EPS

Dividends

Dividend History for Straight Path Communications (NYSEMKT:STRP)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Straight Path Communications (NYSEMKT:STRP)
Insider Trades by Quarter for Straight Path Communications (NYSEMKT:STRP)
Insider Trades by Quarter for Straight Path Communications (NYSEMKT:STRP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/9/2016Zhouyue PiCTOSell1,000$40.00$40,000.00View SEC Filing  
3/30/2016William F WeldDirectorSell5,333$29.57$157,696.81View SEC Filing  
3/22/2016William F WeldDirectorSell667$32.02$21,357.34View SEC Filing  
3/17/2016Jonathan RandCFOSell2,133$31.99$68,234.67View SEC Filing  
1/15/2016Lloyd I Miller IIIMajor ShareholderBuy52,200$12.63$659,286.00View SEC Filing  
1/14/2016Lloyd I Miller IIIMajor ShareholderBuy219$12.90$2,825.10View SEC Filing  
1/13/2016Lloyd I Miller IIIMajor ShareholderBuy18,781$13.19$247,721.39View SEC Filing  
9/24/2015Davidi JonasCEOSell6,000$40.00$240,000.00View SEC Filing  
9/10/2015Davidi JonasCEOSell9,000$33.33$299,970.00View SEC Filing  
3/17/2015William F WeldDirectorSell8,000$20.15$161,200.00View SEC Filing  
6/26/2014William F WeldDirectorSell9,250$9.79$90,557.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Straight Path Communications (NYSEMKT:STRP)
Latest Headlines for Straight Path Communications (NYSEMKT:STRP)
Source:
DateHeadline
finance.yahoo.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Straight Path Communications Inc. (STRP) 
finance.yahoo.com - July 20 at 8:10 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Straight Path Communications, Inc. - STRP
finance.yahoo.com - July 13 at 10:00 AM
nasdaq.com logoStraight Path Communications Inc (STRP) CEO & PRESIDENT Davidi Jonas Sold $5.4 million of Shares
www.nasdaq.com - July 8 at 8:05 PM
finance.yahoo.com logoETFs with exposure to Straight Path Communications, Inc. : June 26, 2017
finance.yahoo.com - June 27 at 8:48 AM
finance.yahoo.com logoSTRAIGHT PATH COMMUNICATIONS (STRP) SHAREHOLDER ALERT – Andrews & Springer LLC Is Investigating Straight Path Communications Inc. For Potential Breaches of Fiduciary Duty
finance.yahoo.com - June 27 at 8:48 AM
americanbankingnews.com logoStraight Path Communications Inc (STRP) Downgraded by BidaskClub
www.americanbankingnews.com - June 14 at 4:12 PM
finance.yahoo.com logoETFs with exposure to Straight Path Communications, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 8:08 PM
finance.yahoo.com logoStraight Path Communications, Inc. :STRP-US: Earnings Analysis: Q3, 2017 By the Numbers : June 12, 2017
finance.yahoo.com - June 12 at 7:31 PM
reuters.com logoBRIEF-Straight Path Communications' Q3 revenue $200,000
www.reuters.com - June 9 at 8:46 PM
rttnews.com logoEARNINGS SUMMARY: Details of Straight Path Communications Inc. Q3 Earnings Report
www.rttnews.com - June 9 at 8:46 PM
finance.yahoo.com logoStraight Path Communications Reports Results for Third Quarter Fiscal 2017
finance.yahoo.com - June 9 at 8:46 PM
finance.yahoo.com logoStraight Path Communications to Report Third Quarter Fiscal 2017 Results on June 9, 2017
finance.yahoo.com - June 3 at 1:47 AM
seekingalpha.com logoVerizon: Did It Overpay For Straight Path?
seekingalpha.com - May 17 at 10:37 AM
finance.yahoo.com logoVerizon Communications Inc. -- Moody's says Verizon's $3.1 billion acquisition of Straight Path is positive
finance.yahoo.com - May 15 at 7:16 PM
finance.yahoo.com logoVerizon Can’t Shake Position as DJIA’s Worst Performing Stock for 2017
finance.yahoo.com - May 14 at 11:34 AM
finance.yahoo.com logoAfter Losing Bidding War, AT&T Has No Straight Path to 5G
finance.yahoo.com - May 13 at 1:27 AM
finance.yahoo.com logo[$$] Verizon pips AT&T for Straight Path in bidding war
finance.yahoo.com - May 13 at 1:27 AM
finance.yahoo.com logo[$$] SoftBank's Improbable UK bet
finance.yahoo.com - May 13 at 1:27 AM
finance.yahoo.com logoBlog Coverage: Verizon Acquires 5G Wireless Spectrum Holder Straight Path Communications by Outbidding AT&T
finance.yahoo.com - May 13 at 1:27 AM
finance.yahoo.com logoCompany News for May 12, 2017
finance.yahoo.com - May 13 at 1:27 AM
marketwatch.com logoVerizon outbids AT&T in race to buy Straight Path, sources say
www.marketwatch.com - May 11 at 10:13 PM
finance.yahoo.com logoStraight Path Bidding War Ends, 5G Wireless Future Ramps Up
finance.yahoo.com - May 11 at 10:13 PM
finance.yahoo.com logoVerizon buys Straight Path for $3.1B
finance.yahoo.com - May 11 at 10:13 PM
finance.yahoo.com logoWhy J.C. Penney, Sears Holdings, and Straight Path Communications Slumped Today
finance.yahoo.com - May 11 at 10:13 PM
finance.yahoo.com logoETF Flopper: A Bad Connection For Telecom ETF
finance.yahoo.com - May 11 at 10:13 PM
fool.com logoWhy Straight Path Communications Inc. Stock Plunged 20% Today - Motley Fool
www.fool.com - May 11 at 4:38 PM
nasdaq.com logoWSJ : Verizon Wins Bidding War For Straight Path Communications
www.nasdaq.com - May 11 at 1:20 AM
wsj.com logoVerizon Wins Bidding War for Straight Path Communications, Sources Say
www.wsj.com - May 11 at 1:20 AM
finance.yahoo.com logoVerizon-AT&T Bidding War For Straight Path Finally Over
finance.yahoo.com - May 11 at 1:20 AM
nasdaq.com logoHere's Why Straight Path (STRP) Stock Skyrocketed 30% Today
www.nasdaq.com - May 9 at 10:17 AM
finance.yahoo.com logoHere's Why Straight Path (STRP) Stock Skyrocketed 30% Today
finance.yahoo.com - May 8 at 7:32 PM
finance.yahoo.com logoStocks Lower Again in 'Comfortably Numb' Trading, Volatility at 24-Year Low
finance.yahoo.com - May 8 at 7:32 PM
finance.yahoo.com logoStraight Path: Why Is Everyone So Obsessed? Asks Moffett-Nathanson
finance.yahoo.com - May 8 at 7:32 PM
finance.yahoo.com logoAT&T finds itself in a bidding war
finance.yahoo.com - May 8 at 7:32 PM
finance.yahoo.com logoStocks Tread Water as Volatility Reaches Lowest Level in 24 Years
finance.yahoo.com - May 8 at 7:32 PM
finance.yahoo.com logoAT&T, Verizon's 5G Will Be a Cable Killer First, Say Cowen
finance.yahoo.com - May 8 at 7:32 PM
businesswire.com logoStraight Path Board Determines that a Revised Offer from a Multi-National Telecommunications Company to Acquire Straight Path for $184.00 Per Share Constitutes a “Superior ...
www.businesswire.com - May 8 at 10:53 AM
nasdaq.com logoStraight Path Determines Revised Bid From A Company Constitutes 'Superior Offer'
www.nasdaq.com - May 8 at 10:53 AM
streetinsider.com logoStraight Path Communications (STRP) Announces Revised $184/Share Offer Constitutes a "Superior Proposal"
www.streetinsider.com - May 8 at 10:53 AM
streetinsider.com logoStraight Path Communications (STRP) Says Revised $135.96/Sh Offer Constitutes a "Superior Proposal"
www.streetinsider.com - May 3 at 11:17 PM
fool.com logoWhy Straight Path Communications Inc. Stock Jumped Over 22%Today
www.fool.com - May 3 at 4:17 PM
finance.yahoo.com logoStraight Path Board Determines that a Revised Offer from a Multi-National Telecommunications Company to Acquire Straight Path for $135.96 Per Share Constitutes a “Superior Proposal”
finance.yahoo.com - May 3 at 10:34 AM
businesswire.com logoStraight Path Board Determines that a Revised Offer from a Multi-National Telecommunications Company to Acquire Straight Path for $135.96 Per Share Constitutes a “Superior ...
www.businesswire.com - May 3 at 10:34 AM
finance.yahoo.com logoLifshitz & Miller LLP Announces Investigation of CU Bancorp, Forestar Group Inc., KCG Holdings, Inc., RetailMeNot, Inc., Straight Path Communications Inc., Swift Transportation Company, TRC Companies, Inc. and Xcerra Corporation
finance.yahoo.com - April 28 at 8:51 PM
zacks.com logoHere's Why Straight Path (STRP) Stock Soared Again Today
www.zacks.com - April 26 at 8:59 AM
reuters.com logoVerizon's bid challenges AT&T's offer for Straight Path: source
www.reuters.com - April 26 at 8:59 AM
finance.yahoo.com logoHere's Why Straight Path (STRP) Stock Soared Again Today
finance.yahoo.com - April 25 at 7:02 PM
finance.yahoo.com logo[$$] Verizon, AT&T in Billion-Dollar Bidding War for 5G Spectrum
finance.yahoo.com - April 25 at 7:02 PM
fool.com logoWhy Straight Path Communications Inc. Stock Jumped Today
www.fool.com - April 25 at 11:55 AM
seekingalpha.com logoStraight Path +8.2% as new bidder tops AT&T buyout deal
seekingalpha.com - April 25 at 9:35 AM

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This page was last updated on 7/20/2017 by MarketBeat.com Staff