Edgio Inc Stock Buy Hold or Sell Recommendation
| EGIO Stock | USD 0.02 0.01 100.00% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Edgio Inc is 'Sell'. The recommendation algorithm takes into account all of Edgio's available fundamental, technical, and predictive indicators you will find on this site.
Check out Edgio Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Edgio and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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 |
Execute Edgio Buy or Sell Advice
The Edgio recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Edgio Inc. Macroaxis does not own or have any residual interests in Edgio Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Edgio's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Edgio Trading Alerts and Improvement Suggestions
| 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 Returns Distribution Density
The distribution of Edgio's historical returns is an attempt to chart the uncertainty of Edgio's future price movements. The chart of the probability distribution of Edgio daily returns describes the distribution of returns around its average expected value. We use Edgio Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Edgio returns is essential to provide solid investment advice for Edgio.
| Mean Return | 2,118 | Value At Risk | -92.65 | Potential Upside | 300.00 | Standard Deviation | 51.00 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Edgio historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Edgio Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Edgio, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Edgio Inc back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Tower Research Capital Llc | 2024-06-30 | 863 | Acadian Asset Management Llc | 2024-06-30 | 272 | Rhumbline Advisers | 2024-06-30 | 95.0 | Manchester Capital Management Llc | 2024-06-30 | 70.0 | Bnp Paribas Arbitrage, Sa | 2024-06-30 | 67.0 | 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 | Blackrock Inc | 2024-06-30 | 54.4 K | Geode Capital Management, Llc | 2024-06-30 | 37.3 K |
Edgio Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (7.0M) | 28.5M | (4.9M) | 13.4M | (31.7M) | (30.1M) | |
| Free Cash Flow | (33.0M) | (3.8M) | (15.8M) | (47.2M) | (50.9M) | (48.4M) | |
| Depreciation | 20.1M | 23.2M | 25.3M | 42.9M | 39.2M | 25.4M | |
| Other Non Cash Items | (1.3M) | 3.6M | 3.7M | 17.4M | 9.7M | 10.2M | |
| Capital Expenditures | 34.7M | 25.1M | 15.8M | 35.5M | 11.9M | 23.6M | |
| Net Income | (16.0M) | (19.3M) | (57.1M) | (136.5M) | (141.7M) | (134.6M) | |
| End Period Cash Flow | 18.3M | 46.8M | 41.9M | 55.3M | 26.4M | 41.9M | |
| Change To Inventory | (5.3M) | (2.7M) | 6.5M | (1.8M) | (1.6M) | (1.6M) | |
| Investments | 25.1M | (77.6M) | 37.7M | 12.6M | (103K) | (97.9K) |
Edgio Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Edgio or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Edgio's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Edgio stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 2,109 | |
β | Beta against Dow Jones | 95.00 | |
σ | Overall volatility | 227.30 | |
Ir | Information ratio | 0.17 |
Edgio Volatility Alert
Edgio Inc is showing large volatility of returns over the selected time horizon. Edgio Inc is a penny stock. Although Edgio may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Edgio Inc. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Edgio instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Edgio Fundamentals Vs Peers
Comparing Edgio's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Edgio's direct or indirect competition across all of the common fundamentals between Edgio and the related equities. This way, we can detect undervalued stocks with similar characteristics as Edgio or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Edgio's fundamental indicators could also be used in its relative valuation, which is a method of valuing Edgio by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Edgio to competition |
| Fundamentals | Edgio | Peer Average |
| Return On Equity | -0.63 | -0.31 |
| Return On Asset | -0.14 | -0.14 |
| Profit Margin | (0.35) % | (1.27) % |
| Operating Margin | (0.24) % | (5.51) % |
| Current Valuation | 106.01 M | 16.62 B |
| Shares Outstanding | 5.86 M | 571.82 M |
| Shares Owned By Insiders | 3.74 % | 10.09 % |
| Shares Owned By Institutions | 41.05 % | 39.21 % |
| Number Of Shares Shorted | 321.57 K | 4.71 M |
| Price To Book | 0.0008 X | 9.51 X |
| Price To Sales | 0.02 X | 11.42 X |
| Revenue | 403.59 M | 9.43 B |
| Gross Profit | 82.86 M | 27.38 B |
| EBITDA | (74.24 M) | 3.9 B |
| Net Income | (141.65 M) | 570.98 M |
| Cash And Equivalents | 77.33 M | 2.7 B |
| Cash Per Share | 0.35 X | 5.01 X |
| Total Debt | 156.5 M | 5.32 B |
| Debt To Equity | 0.41 % | 48.70 % |
| Current Ratio | 2.08 X | 2.16 X |
| Book Value Per Share | 27.24 X | 1.93 K |
| Cash Flow From Operations | (38.97 M) | 971.22 M |
| Short Ratio | 7.23 X | 4.00 X |
| Earnings Per Share | (26.00) X | 3.12 X |
| Price To Earnings To Growth | (9.27) X | 4.89 X |
| Target Price | 30.0 | |
| Number Of Employees | 822 | 18.84 K |
| Beta | 0.48 | -0.15 |
| Market Capitalization | 6.5 M | 19.03 B |
| Total Asset | 542.38 M | 29.47 B |
| Retained Earnings | (573.04 M) | 9.33 B |
| Working Capital | 42.86 M | 1.48 B |
| Net Asset | 542.38 M |
Note: Disposition of 10587 shares by Amaral Walter of Edgio at 0.49 subject to Rule 16b-3 [view details]
Edgio Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Edgio . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 2.0 | |||
| Day Median Price | 0.02 | |||
| Day Typical Price | 0.02 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
About Edgio Buy or Sell Advice
When is the right time to buy or sell Edgio Inc? Buying financial instruments such as Edgio Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Trading Theme or any other thematic opportunities.
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Check out Edgio Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.