Bandwidth Stock Shares Outstanding
| BAND Stock | USD 17.34 0.21 1.20% |
Bandwidth fundamentals help investors to digest information that contributes to Bandwidth's financial success or failures. It also enables traders to predict the movement of Bandwidth Stock. The fundamental analysis module provides a way to measure Bandwidth's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bandwidth stock.
As of April 19, 2024, Common Stock Shares Outstanding is expected to decline to about 23.8 M. Bandwidth | Shares Outstanding |
Bandwidth Company Shares Outstanding Analysis
Bandwidth's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Bandwidth Shares Outstanding | 25.02 M |
Most of Bandwidth's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bandwidth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bandwidth Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Bandwidth is extremely important. It helps to project a fair market value of Bandwidth Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Bandwidth's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bandwidth's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bandwidth's interrelated accounts and indicators.
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Bandwidth Shares Outstanding Historical Pattern
Today, most investors in Bandwidth Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bandwidth's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Bandwidth shares outstanding as a starting point in their analysis.
Bandwidth Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Bandwidth Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Bandwidth has 25.02 M of shares currently outstending. This is 86.83% lower than that of the Diversified Telecommunication Services sector and significantly higher than that of the Communication Services industry. The shares outstanding for all United States stocks is 95.62% higher than that of the company.
Bandwidth Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bandwidth's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bandwidth could also be used in its relative valuation, which is a method of valuing Bandwidth by comparing valuation metrics of similar companies.Bandwidth is currently under evaluation in shares outstanding category among related companies.
Bandwidth Current Valuation Drivers
We derive many important indicators used in calculating different scores of Bandwidth from analyzing Bandwidth's financial statements. These drivers represent accounts that assess Bandwidth's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Bandwidth's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.5B | 3.7B | 1.8B | 580.2M | 370.6M | 352.1M | |
| Enterprise Value | 1.3B | 3.9B | 2.0B | 959.2M | 882.8M | 1.2B |
Bandwidth Fundamentals
| Return On Equity | -0.0574 | ||||
| Return On Asset | -0.0216 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 952.11 M | ||||
| Shares Outstanding | 25.02 M | ||||
| Shares Owned By Insiders | 4.07 % | ||||
| Shares Owned By Institutions | 73.33 % | ||||
| Number Of Shares Shorted | 1.36 M | ||||
| Price To Earning | 496.22 X | ||||
| Price To Book | 1.57 X | ||||
| Price To Sales | 0.78 X | ||||
| Revenue | 601.12 M | ||||
| Gross Profit | 238.85 M | ||||
| EBITDA | 15.58 M | ||||
| Net Income | (16.34 M) | ||||
| Cash And Equivalents | 302.87 M | ||||
| Cash Per Share | 11.97 X | ||||
| Total Debt | 644.54 M | ||||
| Debt To Equity | 2.97 % | ||||
| Current Ratio | 3.98 X | ||||
| Book Value Per Share | 11.37 X | ||||
| Cash Flow From Operations | 38.29 M | ||||
| Short Ratio | 2.26 X | ||||
| Earnings Per Share | (0.64) X | ||||
| Price To Earnings To Growth | 4.64 X | ||||
| Target Price | 23.71 | ||||
| Number Of Employees | 1.1 K | ||||
| Beta | 1.46 | ||||
| Market Capitalization | 473.48 M | ||||
| Total Asset | 1.1 B | ||||
| Retained Earnings | (64.89 M) | ||||
| Working Capital | 130 M | ||||
| Current Asset | 43.66 M | ||||
| Current Liabilities | 44.02 M | ||||
| Net Asset | 1.1 B |
About Bandwidth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors 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.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bandwidth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bandwidth's short interest history, or implied volatility extrapolated from Bandwidth options trading.
Pair Trading with Bandwidth
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bandwidth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bandwidth will appreciate offsetting losses from the drop in the long position's value.Moving against Bandwidth Stock
| 0.89 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.66 | BCE | BCE Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.65 | IRDM | Iridium Communications Buyout Trend | PairCorr |
| 0.6 | TU | Telus Corp Financial Report 2nd of May 2024 | PairCorr |
| 0.56 | TC | TuanChe ADR | PairCorr |
The ability to find closely correlated positions to Bandwidth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bandwidth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bandwidth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bandwidth to buy it.
The correlation of Bandwidth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bandwidth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bandwidth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bandwidth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Bandwidth Piotroski F Score and Bandwidth Altman Z Score analysis. For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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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Is Bandwidth's industry 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 Bandwidth. If investors know Bandwidth 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 Bandwidth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.64) | Revenue Per Share 23.469 | Quarterly Revenue Growth 0.054 | Return On Assets (0.02) | Return On Equity (0.06) |
The market value of Bandwidth is measured differently than its book value, which is the value of Bandwidth that is recorded on the company's balance sheet. Investors also form their own opinion of Bandwidth's value that differs from its market value or its book value, called intrinsic value, which is Bandwidth'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 Bandwidth's market value can be influenced by many factors that don't directly affect Bandwidth'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 Bandwidth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bandwidth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bandwidth'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.