Bandwidth (BAND) Stock Price, News & Analysis

Company Overview

Bandwidth is a leading enterprise cloud communications company. Companies like Cisco, Google, Microsoft, RingCentral, Uber, and Zoom use Bandwidth's APIs to easily embed voice, messaging, and emergency services into software and applications. Bandwidth is the first and only CPaaS provider offering a robust selection of communications APIs built around their own IP voice network.

Key Stats

• Today's Range: $19.00 to $19.63
• 50-Day Range: $17.05 to $21.84
• 52-Week Range: $11.90 to $25.02
• Volume: 178,234 shs
• Average Volume: 304,863 shs
• Market Capitalization: $527.37 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $28.33
• Consensus Rating: Hold

Bandwidth Stock Analysis - MarketRank™

Bandwidth scored higher than 94% of companies evaluated by MarketBeat, and ranked 62nd out of 664 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Bandwidth has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Bandwidth has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 150.00%

Earnings Growth

Earnings for Bandwidth are expected to grow by 150.00% in the coming year, from $0.08 to $0.20 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bandwidth is -20.61, 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. Sector

The P/E ratio of Bandwidth is -20.61, 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 Ratio

Bandwidth has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.90% of the outstanding shares of Bandwidth have been sold short.

Short Interest Ratio / Days to Cover

Bandwidth 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 month

Short interest in Bandwidth has recently decreased by 17.37%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Bandwidth does not currently pay a dividend.

Dividend Growth

Bandwidth does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -0.44

Percentage of Shares Shorted

2.90% of the outstanding shares of Bandwidth have been sold short.

Short Interest Ratio / Days to Cover

Bandwidth 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 month

Short interest in Bandwidth has recently decreased by 17.37%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.52

News Sentiment

Bandwidth has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Bandwidth this week, compared to 10 articles on an average week.

Search Interest

4 people have searched for BAND on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

1 people have added Bandwidth to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Bandwidth insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $948,310.00 in company stock.

Percentage Held by Insiders

Only 6.20% of the stock of Bandwidth is held by insiders.

Percentage Held by Institutions

68.53% of the stock of Bandwidth is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BAND Stock Analysis - Frequently Asked Questions

How have BAND shares performed this year?

Bandwidth's stock was trading at $14.47 at the beginning of the year. Since then, BAND shares have increased by 32.5% and is now trading at $19.17.
View the best growth stocks for 2024 here.

How were Bandwidth's earnings last quarter?

Bandwidth Inc. (NASDAQ:BAND) posted its quarterly earnings data on Thursday, October, 31st. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.11. The company's revenue was up 27.6% on a year-over-year basis.

When did Bandwidth IPO?

Bandwidth (BAND) raised $84 million in an initial public offering (IPO) on Friday, November 10th 2017. The company issued 4,000,000 shares at $20.00-$22.00 per share. Morgan Stanley, KeyBanc Capital Markets and Baird served as the underwriters for the IPO and Canaccord Genuity and JMP Securities were co-managers.

Who are Bandwidth's major shareholders?

Top institutional shareholders of Bandwidth include State Street Corp (2.38%), Jacobs Levy Equity Management Inc. (2.11%), Geode Capital Management LLC (2.07%) and Point72 Asset Management L.P. (1.43%). Insiders that own company stock include David A Morken, Daryl Raiford, Anthony Bartolo, Lukas M Roush, Richard Brandon Asbill, Devesh Agarwal, Kade Ross, Rebecca Bottorff, Devin M Krupka, Marina C Carreker, Douglas A Suriano, Gabriela Gonzalez and Brian D Bailey.
View institutional ownership trends.

How do I buy shares of Bandwidth?

Shares of BAND 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.

What other stocks do shareholders of Bandwidth own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bandwidth investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), NVIDIA (NVDA), TotalEnergies (TTE) and The RMR Group (RMR).

Company Calendar

• Last Earnings: 10/31/2024
• Today: 12/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NASDAQ:BAND
• CUSIP: N/A
• CIK: 1514416
• Web: www.bandwidth.com
• Phone: 800-808-5150
• Fax: N/A
• Employees: 1,100
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $28.33
• High Stock Price Target: $40.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +48.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.43
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.93)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 238.50
• P/E Growth: N/A
• Net Income: $-16,340,000.00
• Net Margins: -2.23%
• Pretax Margin: -2.38%
• Return on Equity: -0.89%
• Return on Assets: -0.26%

Debt

• Debt-to-Equity Ratio: 0.83
• Current Ratio: 1.29
• Quick Ratio: 1.29

Sales & Book Value

• Annual Sales: $703.90 million
• Price / Sales: 0.75
• Cash Flow: $1.58 per share
• Price / Cash Flow: 12.07
• Book Value: $11.37 per share
• Price / Book: 1.68

Miscellaneous

• Outstanding Shares: 27,510,000
• Free Float: 25,804,000
• Market Cap: $524.89 million
• Optionable: Optionable
• Beta: 1.51