Edgio Inc Stock Analysis

EGIO Stock  USD 0.02  0.01  100.00%   
Edgio Inc is overvalued with Real Value of 0.0162 and Target Price of 2.12. The main objective of Edgio stock analysis is to determine its intrinsic value, which is an estimate of what Edgio Inc is worth, separate from its market price. There are two main types of Edgio's stock analysis: fundamental analysis and technical analysis.
The Edgio stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Edgio is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Edgio Stock trading window is adjusted to America/New York timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edgio Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Edgio Stock Analysis Notes

About 41.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.0. Some equities with similar Price to Book (P/B) outperform the market in the long run. Edgio Inc recorded a loss per share of 26.0. The entity had not issued any dividends in recent years. The firm had 1:40 split on the 1st of March 2024. Edgio, Inc. provides edge-enabled software solutions through an integrated delivery, applications, and streaming platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Edgio, Inc. was founded in 2001 and is headquartered in Tempe, Arizona. Edgio operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 1317 people. To learn more about Edgio Inc call Robert Lyons at 602 850 5000 or check out https://www.edg.io.

Edgio Quarterly Total Revenue

97.03 Million

Edgio Inc Investment Alerts

Edgio Inc is way too risky over 90 days horizon
Edgio Inc has some characteristics of a very speculative penny stock
Edgio Inc appears to be risky and price may revert if volatility continues
Edgio Inc has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 403.59 M. Net Loss for the year was (141.65 M) with profit before overhead, payroll, taxes, and interest of 82.86 M.
Edgio Inc currently holds about 77.33 M in cash with (38.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35, which can makes it an attractive takeover target, given it will continue generating positive cash flow.

Edgio Inc Upcoming and Recent Events

Earnings reports are used by Edgio to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
17th of July 2024
Upcoming Quarterly Report
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20th of August 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
17th of July 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Edgio Largest EPS Surprises

Earnings surprises can significantly impact Edgio's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-01-20
2021-12-310.010.020.01100 
2020-01-29
2019-12-310.040.050.0125 
2019-07-17
2019-06-30-0.02-0.03-0.0150 
View All Earnings Estimates

Edgio Stock Institutional Investors

Shares
Tower Research Capital Llc2024-06-30
863
Acadian Asset Management Llc2024-06-30
272
Rhumbline Advisers2024-06-30
95.0
Manchester Capital Management Llc2024-06-30
70.0
Bnp Paribas Arbitrage, Sa2024-06-30
67.0
Steward Partners Investment Advisory, Llc2024-06-30
25.0
Cape Investment Advisory, Inc.2024-06-30
24.0
Goss Wealth Management Llc2024-06-30
12.0
Qube Research & Technologies2024-06-30
8.0
Blackrock Inc2024-06-30
54.4 K
Geode Capital Management, Llc2024-06-30
37.3 K
Note, although Edgio's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Edgio Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.5 M.

Edgio Profitablity

The company has Profit Margin (PM) of (0.35) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.24) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.24.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.44)(0.41)
Return On Capital Employed(0.23)(0.25)
Return On Assets(0.23)(0.24)
Return On Equity(0.51)(0.49)

Management Efficiency

Edgio Inc has return on total asset (ROA) of (0.1386) % which means that it has lost $0.1386 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6311) %, meaning that it created substantial loss on money invested by shareholders. Edgio's management efficiency ratios could be used to measure how well Edgio manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to -0.41. In addition to that, Return On Capital Employed is likely to drop to -0.25. At this time, Edgio's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Non Current Assets Total is likely to grow to about 419.3 M, while Other Assets are likely to drop about 6.1 M.
Last ReportedProjected for Next Year
Book Value Per Share 1.18  1.22 
Tangible Book Value Per Share(0.14)(0.13)
Enterprise Value Over EBITDA(120.41)(126.43)
Price Book Value Ratio 39.61  37.63 
Enterprise Value Multiple(120.41)(126.43)
Price Fair Value 39.61  37.63 
Enterprise Value9.6 B13.5 B
The operational strategies employed by Edgio management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Operating Margin
(0.24)
Profit Margin
(0.35)
Beta
0.481
Return On Assets
(0.14)
Return On Equity
(0.63)

Technical Drivers

As of the 22nd of November, Edgio shows the Coefficient Of Variation of 605.06, mean deviation of 4040.78, and Downside Deviation of 51.65. Edgio Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Edgio Inc Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Edgio middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Edgio Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Edgio Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Edgio insiders, such as employees or executives, is commonly permitted as long as it does not rely on Edgio's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Edgio insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Edgio Outstanding Bonds

Edgio issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Edgio Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Edgio bonds can be classified according to their maturity, which is the date when Edgio Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Edgio Predictive Daily Indicators

Edgio intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Edgio stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Edgio Forecast Models

Edgio's time-series forecasting models are one of many Edgio's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Edgio's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Edgio Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Edgio prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Edgio shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Edgio. By using and applying Edgio Stock analysis, traders can create a robust methodology for identifying Edgio entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.42)(0.40)
Operating Profit Margin(0.27)(0.28)
Net Loss(0.36)(0.34)
Gross Profit Margin 0.37  0.45 

Current Edgio Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Edgio analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Edgio analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
2.12Hold2Odds
Edgio Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Edgio analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Edgio stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Edgio Inc, talking to its executives and customers, or listening to Edgio conference calls.
Edgio Analyst Advice Details

Edgio Stock Analysis Indicators

Edgio Inc stock analysis indicators help investors evaluate how Edgio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Edgio shares will generate the highest return on investment. By understating and applying Edgio stock analysis, traders can identify Edgio position entry and exit signals to maximize returns.
Begin Period Cash Flow59.3 M
Long Term Debt122.6 M
Common Stock Shares Outstanding182.4 M
Total Stockholder Equity239.3 M
Tax Provision-873 K
Property Plant And Equipment Net78.8 M
Cash And Short Term Investments74 M
Cash55.3 M
Accounts Payable52.8 M
Net Debt101.2 M
50 Day M A6.6347
Total Current Liabilities152.3 M
Non Current Assets Total347.3 M
Forward Price Earnings59.8802
Non Currrent Assets Other5.3 M
Stock Based Compensation20.2 M
When determining whether Edgio Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edgio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edgio Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edgio Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edgio Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edgio. If investors know Edgio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edgio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(26.00)
Revenue Per Share
72.469
Quarterly Revenue Growth
(0.12)
Return On Assets
(0.14)
Return On Equity
(0.63)
The market value of Edgio Inc is measured differently than its book value, which is the value of Edgio that is recorded on the company's balance sheet. Investors also form their own opinion of Edgio's value that differs from its market value or its book value, called intrinsic value, which is Edgio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edgio's market value can be influenced by many factors that don't directly affect Edgio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edgio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edgio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edgio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.