Bandwidth Posts Q2 Sales In Line With Estimates, Provides Encouraging Quarterly Guidance
BAND Stock | USD 21.03 0.58 2.68% |
About 83 percent of Bandwidth's shareholders are selling. The analysis of overall sentiment of trading Bandwidth stock suggests that quite a large number of investors are terrified at this time. The current market sentiment, together with Bandwidth's historical and current headlines, can help investors time the market. In addition, many technical investors use Bandwidth stock news signals to limit their universe of possible portfolio assets.
Bandwidth |
Communications platform-as-a-service company Bandwidth reported results in line with analysts expectations in Q2 CY2024, with revenue up 19 percent year on year to 173.6 million. The company expects next quarters revenue to be around 182 million, slightly above analysts estimates. It made a non-GAAP profit of 0.29 per share, improving from its profit of 0.15 per share in the same quarter last year.
Read at finance.yahoo.com
Bandwidth Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Bandwidth can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Bandwidth Fundamental Analysis
We analyze Bandwidth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bandwidth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bandwidth based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Gross Profit
Gross Profit Comparative Analysis
Bandwidth is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Bandwidth Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Bandwidth stock to make a market-neutral strategy. Peer analysis of Bandwidth could also be used in its relative valuation, which is a method of valuing Bandwidth by comparing valuation metrics with similar companies.
Peers
Bandwidth Related Equities
APPN | Appian Corp | 2.05 | ||||
OKTA | Okta | 1.49 | ||||
MQ | Marqeta | 1.31 | ||||
GB | Global Blue | 1.15 | ||||
CFLT | Confluent | 0.88 | ||||
ZS | Zscaler | 0.80 | ||||
DOCN | DigitalOcean Holdings | 0.53 | ||||
INFA | Informatica | 0.49 | ||||
NET | Cloudflare | 0.46 | ||||
CSGS | CSG Systems | 0.40 | ||||
ACIW | ACI Worldwide | 0.28 | ||||
RPD | Rapid7 | 0.16 | ||||
CCCS | CCC Intelligent | 0.08 | ||||
MDB | MongoDB | 0.65 | ||||
ADYEY | Adyen NV | 0.69 | ||||
FOUR | Shift4 Payments | 0.76 | ||||
RDWR | Radware | 1.33 | ||||
FLYW | Flywire Corp | 2.53 |
Complementary Tools for Bandwidth Stock analysis
When running Bandwidth's price analysis, check to measure Bandwidth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bandwidth is operating at the current time. Most of Bandwidth's value examination focuses on studying past and present price action to predict the probability of Bandwidth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bandwidth's price. Additionally, you may evaluate how the addition of Bandwidth to your portfolios can decrease your overall portfolio volatility.
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