Is Edgio Stock a Good Investment?
Edgio Investment Advice | EGIO |
Not Rated
Examine Edgio Stock
Researching Edgio's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). 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.
To determine if Edgio is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Edgio's research are outlined below:
| Edgio Inc is not yet fully synchronised with the market data | |
| 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 has a poor financial position based on the latest SEC disclosures |
Edgio Quarterly Long Term Debt |
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Edgio uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Edgio Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Edgio's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 17th of July 2024 Upcoming Quarterly Report | View | |
| 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 |
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. Below are the table of largest EPS Surprises Edgio's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-01-20 | 2021-12-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2020-01-29 | 2019-12-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2019-07-17 | 2019-06-30 | -0.02 | -0.03 | -0.01 | 50 | ||
2018-07-19 | 2018-06-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2017-02-08 | 2016-12-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2016-02-09 | 2015-12-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2015-11-03 | 2015-09-30 | -0.03 | -0.04 | -0.01 | 33 | ||
2014-02-13 | 2013-12-31 | -0.06 | -0.05 | 0.01 | 16 |
Know Edgio's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Edgio is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Edgio Inc backward and forwards among themselves. Edgio's institutional investor refers to the entity that pools money to purchase Edgio's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Steward Partners Investment Advisory, Llc | 2024-06-30 | 25.0 | Cape Investment Advisory, Inc. | 2024-06-30 | 24.0 | Goss Wealth Management Llc | 2024-06-30 | 12.0 | Qube Research & Technologies | 2024-06-30 | 8.0 | Cwm, Llc Duplicate | 2024-06-30 | 6.0 | Main Street Group Ltd | 2024-06-30 | 2.0 | Jpmorgan Chase & Co | 2024-06-30 | 2.0 | Gabelli Funds Llc | 2024-09-30 | 0.0 | Wells Fargo & Co | 2024-06-30 | 0.0 | Blackrock Inc | 2024-06-30 | 54.4 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 15.9 K |
Edgio's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.5 M.Market Cap |
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Edgio's profitablity analysis
| Last Reported | Projected 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) |
Determining Edgio's profitability involves analyzing its financial statements and using various financial metrics to determine if Edgio is a good buy. For example, gross profit margin measures Edgio's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Edgio's profitability and make more informed investment decisions.
Evaluate Edgio's 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 30th 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 30th 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 Reported | Projected 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 Value | 9.6 B | 13.5 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.
Beta 0.481 |
Edgio's 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's Outstanding Corporate 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Edgio's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Edgio's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1363 | |||
| Market Risk Adjusted Performance | (1.05) | |||
| Mean Deviation | 4040.78 | |||
| Semi Deviation | 52.53 | |||
| Downside Deviation | 51.65 | |||
| Coefficient Of Variation | 605.06 | |||
| Standard Deviation | 12815.99 | |||
| Variance | 1.6424964401E8 | |||
| Information Ratio | 0.1653 | |||
| Jensen Alpha | 2373.02 | |||
| Total Risk Alpha | (21.26) | |||
| Sortino Ratio | 41.01 | |||
| Treynor Ratio | (1.06) | |||
| Maximum Drawdown | 99999.7 | |||
| Value At Risk | (92.65) | |||
| Potential Upside | 300.0 | |||
| Downside Variance | 2667.86 | |||
| Semi Variance | 2759.28 | |||
| Expected Short fall | (7,045) | |||
| Skewness | 7.21 | |||
| Kurtosis | 54.41 |
| Risk Adjusted Performance | 0.1363 | |||
| Market Risk Adjusted Performance | (1.05) | |||
| Mean Deviation | 4040.78 | |||
| Semi Deviation | 52.53 | |||
| Downside Deviation | 51.65 | |||
| Coefficient Of Variation | 605.06 | |||
| Standard Deviation | 12815.99 | |||
| Variance | 1.6424964401E8 | |||
| Information Ratio | 0.1653 | |||
| Jensen Alpha | 2373.02 | |||
| Total Risk Alpha | (21.26) | |||
| Sortino Ratio | 41.01 | |||
| Treynor Ratio | (1.06) | |||
| Maximum Drawdown | 99999.7 | |||
| Value At Risk | (92.65) | |||
| Potential Upside | 300.0 | |||
| Downside Variance | 2667.86 | |||
| Semi Variance | 2759.28 | |||
| Expected Short fall | (7,045) | |||
| Skewness | 7.21 | |||
| Kurtosis | 54.41 |
Consider Edgio's intraday 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 Stock media impact
Far too much social signal, news, headlines, and media speculation about Edgio that are available to investors today. That information is available publicly through Edgio media outlets and privately through word of mouth or via Edgio internal channels. However, regardless of the origin, that massive amount of Edgio data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Edgio news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Edgio relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Edgio's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Edgio alpha.
Edgio Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Edgio 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.
Edgio Related Equities
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 Edgio stock to make a market-neutral strategy. Peer analysis of Edgio could also be used in its relative valuation, which is a method of valuing Edgio by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Edgio Corporate Management
| Robert Lyons | CEO Pres | Profile | |
| Stephen Cumming | CFO Treasurer | Profile | |
| Kathy Austin | Senior Officer | Profile | |
| Eric Armstrong | Chief Officer | Profile | |
| Sameet Sinha | Vice Development | Profile | |
| Richard Diegnan | Chief Sec | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.
In summary, please note that there is a difference between Edgio's value and its price, as these two are different measures arrived at by various 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.