NASDAQ:EGIO Edgio (EGIO) Stock Price, News & Analysis → Gold Set to EXPLODE! (From Gold Safe Exchange) (Ad) Free EGIO Stock Alerts $9.12 +0.05 (+0.55%) (As of 12:31 PM ET) Add Compare Share Share Today's Range$8.79▼$9.2050-Day Range$6.98▼$20.6452-Week Range$6.67▼$44.00Volume18,259 shsAverage Volume93,715 shsMarket Capitalization$53.17 millionP/E RatioN/ADividend YieldN/APrice Target$33.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Edgio alerts: Email Address Edgio MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside270.8% Upside$33.33 Price TargetShort InterestBearish11.05% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.73 out of 5 starsComputer And Technology Sector537th out of 592 stocksBusiness Services, Not Elsewhere Classified Industry86th out of 90 stocks 3.2 Analyst's Opinion Consensus RatingEdgio has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageEdgio has only been the subject of 1 research reports in the past 90 days.Read more about Edgio's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted11.05% of the float of Edgio has been sold short.Short Interest Ratio / Days to CoverEdgio has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Edgio has recently increased by 30.91%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEdgio does not currently pay a dividend.Dividend GrowthEdgio does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EGIO. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Edgio this week, compared to 1 article on an average week.Search Interest9 people have searched for EGIO on MarketBeat in the last 30 days. This is an increase of 80% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Edgio to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Edgio insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.60% of the stock of Edgio is held by insiders.Percentage Held by InstitutionsOnly 23.16% of the stock of Edgio is held by institutions.Read more about Edgio's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Edgio is -0.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Edgio is -0.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEdgio has a P/B Ratio of 0.21. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Edgio's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressDems have chosen Biden replacement?On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.See who it is HERE. About Edgio Stock (NASDAQ:EGIO)Edgio, Inc. provides edge-enabled software solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private global networks with distributed computing resources and extensive connectivity to last-mile broadband network providers; offers live and on-demand video delivery services; and provides platform, media, and application solutions. It also offers cloud security, edge compute, origin storage, and support services. In addition, the company provides content delivery, video content management, and streaming services, performance services for website and web application and security; professional services, cloud storage, and edge computing services. The company was formerly known as Limelight Networks, Inc. and changed its name to Edgio, Inc. in June 2022. Edgio, Inc. was founded in 2001 and is headquartered in Phoenix, Arizona.Read More EGIO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EGIO Stock News HeadlinesMay 6, 2024 | businesswire.comEdgio Named Winner of the Coveted Global InfoSec Awards During RSA Conference 2024May 2, 2024 | businesswire.comEdgio Launches Attack Surface Management for Continuous Threat ProtectionMay 9, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.April 30, 2024 | businesswire.comTabletop Tactics Selects Edgio to Deliver Premium Video Content GloballyApril 11, 2024 | businesswire.comEverPass selects Edgio to Elevate Streaming Delivery to Commercial EstablishmentsApril 10, 2024 | businesswire.comEdgio Enables Broader FAST Outreach with Brazil BroadcasterApril 5, 2024 | businesswire.comEdgio Receives Expected Notice from NASDAQMarch 17, 2024 | finance.yahoo.comEGIO Apr 2024 0.500 callMay 9, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 15, 2024 | markets.businessinsider.comEdgio Preliminary Q4 Revenue SlipsMarch 15, 2024 | finance.yahoo.comEdgio Announces Preliminary Unaudited Fourth Quarter 2023 Financial ResultsMarch 11, 2024 | finance.yahoo.comReachTV Chooses Edgio to Help Deliver and Monetize Streaming Content to Airports Across North AmericaMarch 1, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Edgio (EGIO), Elastic (ESTC) and ACI Worldwide (ACIW)February 29, 2024 | investing.comEdgio announces 1-for-40 reverse stock split effective March 1February 27, 2024 | businesswire.comEdgio Announces Effectiveness of Reverse Stock SplitFebruary 22, 2024 | thestreet.comEdgio Inc.February 22, 2024 | finance.yahoo.comWeb Application Attacks Intensify in Fourth Quarter of 2023, According to New Edgio Quarterly Attack Trends ReportFebruary 22, 2024 | businesswire.comWeb Application Attacks Intensify in Fourth Quarter of 2023, According to New Edgio Quarterly Attack Trends ReportFebruary 21, 2024 | benzinga.comEdgio Stock (NASDAQ:EGIO) Insider TradesFebruary 21, 2024 | benzinga.comEdgio Stock (NASDAQ:EGIO) Dividends: History, Yield and DatesFebruary 17, 2024 | finance.yahoo.comEGIO Mar 2024 2.500 putFebruary 15, 2024 | finance.yahoo.comEGIO Feb 2024 0.500 putFebruary 14, 2024 | finance.yahoo.comEGIO Feb 2024 2.000 putFebruary 7, 2024 | stockhouse.comEdgio Partners with KPS to Support Online Retailers with Their Transition to Composable Web ArchitectureJanuary 15, 2024 | finance.yahoo.comAfter Plunging -41.57% in 4 Weeks, Here's Why the Trend Might Reverse for Edgio (EGIO)January 2, 2024 | markets.businessinsider.comEdgio Names Todd Hinders As CEOJanuary 2, 2024 | finance.yahoo.comEdgio Promotes Todd Hinders to Chief Executive OfficerSee More Headlines Receive EGIO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Edgio and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/15/2023Today5/09/2024Next Earnings (Estimated)8/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:EGIO CUSIPN/A CIK1391127 Webwww.limelight.com Phone(602) 850-5000Fax602-850-5001Employees822Year FoundedN/APrice Target and Rating Average Stock Price Target$33.33 High Stock Price Target$60.00 Low Stock Price Target$10.00 Potential Upside/Downside+274.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($25.60) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-136,520,000.00 Net Margins-35.10% Pretax Margin-35.31% Return on Equity-45.85% Return on Assets-18.07% Debt Debt-to-Equity Ratio0.89 Current Ratio0.85 Quick Ratio0.85 Sales & Book Value Annual Sales$403.59 million Price / Sales0.13 Cash FlowN/A Price / Cash FlowN/A Book Value$43.20 per share Price / Book0.21Miscellaneous Outstanding Shares5,830,000Free Float5,678,000Market Cap$51.89 million OptionableOptionable Beta0.41 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Stephen Cumming (Age 54)Senior VP, CFO & Treasurer Comp: $566.12kMr. Richard P. Diegnan Jr. (Age 55)Senior VP, Chief Legal Officer & Secretary Comp: $334.86kMr. Todd A. Hinders (Age 53)CEO & Director Mr. Eric Chang (Age 51)Chief Accounting Officer Mr. Sameet SinhaVice President of Investor Relations & Corporate DevelopmentMs. Ann-Lamar TutenChief Business Operations OfficerMr. Ajay Kapur (Age 47)CTO & GM of Applications Comp: $1.66MMr. Darrin ReynoldsChief Information Security OfficerMr. Eric BlackCTO & GM of MediaMr. Peter J. Perrone (Age 56)Consultant Comp: $451.63kMore ExecutivesKey CompetitorsMarchexNASDAQ:MCHXSteel ConnectNASDAQ:STCNiClick Interactive Asia GroupNASDAQ:ICLKComputer Programs and SystemsNASDAQ:CPSIDHI GroupNYSE:DHXView All CompetitorsInstitutional OwnershipBNP Paribas Financial MarketsSold 405,058 shares on 5/1/2024Ownership: 0.154%Pinnacle Associates Ltd.Sold 4,047,041 shares on 4/26/2024Ownership: 0.932%Nomura Holdings Inc.Sold 1,100 shares on 3/27/2024Ownership: 5.662%View All Institutional Transactions EGIO Stock Analysis - Frequently Asked Questions Should I buy or sell Edgio stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Edgio in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" EGIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EGIO, but not buy additional shares or sell existing shares. View EGIO analyst ratings or view top-rated stocks. What is Edgio's stock price target for 2024? 3 equities research analysts have issued 1-year target prices for Edgio's stock. Their EGIO share price targets range from $10.00 to $60.00. On average, they anticipate the company's stock price to reach $33.33 in the next year. This suggests a possible upside of 270.8% from the stock's current price. View analysts price targets for EGIO or view top-rated stocks among Wall Street analysts. How have EGIO shares performed in 2024? Edgio's stock was trading at $13.70 at the start of the year. Since then, EGIO shares have decreased by 34.4% and is now trading at $8.99. View the best growth stocks for 2024 here. Are investors shorting Edgio? Edgio saw a increase in short interest in April. As of April 15th, there was short interest totaling 370,200 shares, an increase of 30.9% from the March 31st total of 282,800 shares. Based on an average daily trading volume, of 111,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 11.1% of the company's shares are short sold. View Edgio's Short Interest. When is Edgio's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 20th 2024. View our EGIO earnings forecast. How were Edgio's earnings last quarter? Edgio, Inc. (NASDAQ:EGIO) announced its quarterly earnings data on Wednesday, November, 15th. The company reported ($2.80) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($2.80). The company earned $97.04 million during the quarter, compared to analyst estimates of $96.44 million. Edgio had a negative trailing twelve-month return on equity of 45.85% and a negative net margin of 35.10%. When did Edgio's stock split? Shares of Edgio reverse split on the morning of Friday, March 1st 2024. The 1-40 reverse split was announced on Friday, March 1st 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, March 1st 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. What guidance has Edgio issued on next quarter's earnings? Edgio issued an update on its fourth quarter 2023 earnings guidance on Friday, March, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $93.0 million-$95.0 million, compared to the consensus revenue estimate of $97.5 million. Who are Edgio's major shareholders? Edgio's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Pinnacle Associates Ltd. (0.93%) and BNP Paribas Financial Markets (0.15%). How do I buy shares of Edgio? Shares of EGIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:EGIO) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersThis 1 Biotech Stock has been shocking the marketsHuge Alerts1970’s computer coder Issues Shocking AI WarningInvestorPlaceThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldHe Is Giving Away BitcoinCrypto Swap ProfitsDems have chosen Biden replacement?Paradigm PressGold Set to EXPLODE!Gold Safe ExchangeThe A.I. story nobody is telling you (Read ASAP)TradeSmithTrump Asset Seizure Threat Alert: Could Your Savings Be Next?American Hartford Gold Group Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Edgio, Inc. 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