NASDAQ:EGIO Edgio (EGIO) Stock Price, News & Analysis → This company has increased its dividend every year for 54 years (From DTI) (Ad) Free EGIO Stock Alerts $13.20 -2.75 (-17.24%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$13.11▼$16.6750-Day Range$6.98▼$20.6452-Week Range$6.67▼$44.00Volume273,453 shsAverage Volume92,097 shsMarket Capitalization$76.96 millionP/E RatioN/ADividend YieldN/APrice Target$45.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Edgio alerts: Email Address Edgio MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside240.9% Upside$45.00 Price TargetShort InterestBearish8.44% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.21Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($10.73) to ($4.83) Per ShareSee 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.1.15 out of 5 starsComputer And Technology Sector514th out of 592 stocksBusiness Services, Not Elsewhere Classified Industry74th out of 85 stocks 3.3 Analyst's Opinion Consensus RatingEdgio has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageEdgio has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.44% of the float of Edgio has been sold short.Short Interest Ratio / Days to CoverEdgio has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Edgio has recently increased by 58.61%, 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 2.3 News and Social Media Coverage News SentimentEdgio has a news sentiment score of 0.21. 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 0.45 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Edgio this week, compared to 1 article on an average week.Search InterestOnly 8 people have searched for EGIO on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows8 people have added Edgio to their MarketBeat watchlist in the last 30 days. This is an increase of 167% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Edgio are expected to grow in the coming year, from ($10.73) to ($4.83) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Edgio is -0.52, 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 -0.52, 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 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Insiders ExposedThe Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.Click To Access This Powerful Training Right Now! 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 HeadlinesApril 11, 2024 | businesswire.comEverPass selects Edgio to Elevate Streaming Delivery to Commercial EstablishmentsApril 10, 2024 | businesswire.comEdgio Enables Broader FAST Outreach with Brazil BroadcasterApril 18, 2024 | Priority Gold (Ad)Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.April 5, 2024 | businesswire.comEdgio Receives Expected Notice from NASDAQMarch 17, 2024 | finance.yahoo.comEGIO Apr 2024 0.500 callMarch 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 AmericaApril 18, 2024 | Priority Gold (Ad)Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.March 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 OfficerDecember 22, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Technology Stocks: Edgio (EGIO), Fiserv (FI)December 8, 2023 | finance.yahoo.comEdgio Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(C)(4)December 6, 2023 | finanznachrichten.deEdgio, Inc.: Edgio's Group Vice President of EMEA, Emma Whitmore, to Join the Digital TV Group (DTG) CouncilSee 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 Earnings11/15/2023Today4/17/2024Next 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$45.00 High Stock Price Target$60.00 Low Stock Price Target$30.00 Potential Upside/Downside+240.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 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$338.60 million Price / Sales0.23 Cash FlowN/A Price / Cash FlowN/A Book Value$43.20 per share Price / Book0.31Miscellaneous Outstanding Shares5,830,000Free Float5,678,000Market Cap$76.96 million OptionableOptionable Beta0.40 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 CompetitorsDHI GroupNYSE:DHXComputer Programs and SystemsNASDAQ:CPSIZeroFoxNASDAQ:ZFOXiClick Interactive Asia GroupNASDAQ:ICLKThe9NASDAQ:NCTYView All CompetitorsInstitutional OwnershipNomura Holdings Inc.Sold 1,100 shares on 3/27/2024Ownership: 5.662%Goldman Sachs Group Inc.Sold 9,953 shares on 3/1/2024Ownership: 0.112%Citadel Advisors LLCSold 135,800 shares on 2/15/2024Ownership: 0.000%Wolverine Trading LLCBought 10,400 shares on 2/15/2024Ownership: 0.000%Pathstone Holdings LLCBought 85,740 shares on 2/14/2024Ownership: 0.037%View All Institutional Transactions EGIO Stock Analysis - Frequently Asked Questions Should I buy or sell Edgio stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Edgio in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" EGIO shares. View EGIO analyst ratings or view top-rated stocks. What is Edgio's stock price target for 2024? 2 equities research analysts have issued 1 year target prices for Edgio's stock. Their EGIO share price targets range from $30.00 to $60.00. On average, they expect the company's stock price to reach $45.00 in the next year. This suggests a possible upside of 240.9% 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 on January 1st, 2024. Since then, EGIO stock has decreased by 3.6% and is now trading at $13.20. View the best growth stocks for 2024 here. Are investors shorting Edgio? Edgio saw a increase in short interest in March. As of March 31st, there was short interest totaling 282,800 shares, an increase of 58.6% from the March 15th total of 178,300 shares. Based on an average daily volume of 63,500 shares, the short-interest ratio is presently 4.5 days. Currently, 8.4% of the company's stock 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) issued its quarterly earnings data on Wednesday, November, 15th. The company reported ($2.80) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($2.80). The business 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? Edgio shares reverse split on 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 updated 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. 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. 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