Its down 0.39, from 1.14 in 2017Q1. Profit margins are at 11.80% while the operating margin stands at 16.80%.
News stories about Akamai Technologies (NASDAQ:AKAM) have been trending somewhat positive recently, according to Accern. MN's investment portfolio, making the stock its 25th largest holding. Prelude Cap Mgmt Limited Liability Com invested 0.03% in Akamai Technologies, Inc. United Svcs Automobile Association reported 0.02% of its portfolio in Akamai Technologies, Inc. Company seem to offer better growth to investors, further as seen by its 39.4 Market Value per Share.
Akamai Technologies, Inc. (NASDAQ:AKAM) received a Buy rating from 3 analysts. Fairpointe Capital LLC grew its position in shares of Akamai Technologies by 44.0% during the second quarter. Comparatively, AKAM posted earnings of $0.8 per share in the same quarter, a year earlier. Of the analysts surveyed by Reuters that track Akamai Technologies, Inc.
First Trust Advisors Lp, which manages about $85.44 billion and $38.87B US Long portfolio, decreased its stake in Netflix Inc (NASDAQ:NFLX) by 76,976 shares to 1.81 million shares, valued at $327.40M in 2017Q3, according to the filing. Hedge funds and other institutional investors own 86.33% of the company's stock. The year to date performance is at 0.21% with a 52 week high of -6.73% and a 52 week low of 49.65%. (NASDAQ:AKAM). Ameriprise Finance reported 0.02% of its portfolio in Akamai Technologies, Inc. The company has a market capitalization of $11,108.19, a P/E ratio of 34.20, a price-to-earnings-growth ratio of 2.60 and a beta of 0.68. Company's return on equity, which is really just the product of the company's profit margin, asset turnover, and financial leverage ratios, is -40.80%, which is worse than the Internet Information Providers industry average ROE.
Akamai Technologies, Inc. shares increased 17.19 percent over the past week and rose 20.53 percent over the previous month. The technology infrastructure company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.03. The Return on Equity ratio of Akamai Technologies, Inc. Akamai Technologies's quarterly revenue was up 6.3% on a year-over-year basis.
Company seems to lack any clear direction at now, but its important to note that present beta has no bearing on a stock's future volatility, however looking at growth with return and comparing them to the overall sector, we have beta of 0.68, is relatively safe.
AKAM has been the topic of several recent analyst reports. TheStreet raised Akamai Technologies from a "c" rating to a "b-" rating in a report on Tuesday, November 14th. Canaccord Genuity downgraded the stock to "Hold" rating in Wednesday, October 28 report. Meanwhile, the average 12-month price target from Wall Street analysts is now $60.82, this means that the stock is overpriced by -9.553%. Finally, Piper Jaffray Companies restated a "buy" rating and set a $60.00 price objective on shares of Akamai Technologies in a research report on Wednesday, October 25th.
Sell side analysts plays vital role in buying and selling a stock where 3 analysts rated Akamai Technologies, Inc. Narrowing in further, the stock has been recently noted at -2.02% away from the 30 day high and +14.81% separated from the 30 day low. Also, insider William Wheaton sold 10,000 shares of the company's stock in a transaction that occurred on Monday, October 2nd. While the stock has a nice low price tag to it, does it have any value? The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
The average 1-year price target for Oclaro, Inc. Following the completion of the transaction, the senior vice president now directly owns 8,046 shares in the company, valued at approximately $421,932.24. The disclosure for this purchase can be found here.
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