LLNW stock: buy or sell?

LLNW stock price: $5.89 6.90% At close on April 6th, 2020

Updated on:
April 6th, 2020

2

After sliding for 4 days, Monday Limelight Networks boosted a super good 6.90%, closing at $5.89. Monday session broke a read streak of 4 days in a row.

Limelight Networks, Inc. provides content delivery and related services and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Should I buy LLNW stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Limelight Networks stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean LLNW will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Limelight Networks stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't find any rating for LLNW stock for the last month.

LLNW stock analysis

Daily outlook

After sliding for 4 sessions, Monday Limelight Networks boosted a super good 6.90%, closing at $5.89.

After sliding for 4 sessions, Monday Limelight Networks boosted a super good 6.90%, closing at $5.89. On Mar/17 LLNW price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. LLNW is retaking the upward trend marking a new rising bottom heading to break out over $6.02.

LLNW stock chart (daily)

Weekly outlook

Limelight Networks ended this week at $5.89 and boosted an outstanding 6.90%. Early March LLNW plummed a bloodcurdling -18.72% in just one week. This week was the 4th green week in a row.

Limelight Networks is in a glaring downtrend, marking consecutive declining tops and bottoms. Now is trading in between the - range. There is a chance to rebound and reverse this situation if price can hold above the level. Since SMA20d and SMA40w crossed up by mid November 2019, LLNW price climbed $1.64 per share (38.59%). Since early September 2019 when LLNW stock price broke up the SMA40w line, it gained $3.46 (142.39%).

LLNW stock chart (weekly)

LLNW stock price history

LLNW IPO was on June 11th, 2007 at $22.18 per share1. Since then, LLNW stock sliced a -73.40%, with a yearly average of -6.10%.

1: Adjusted price after possible price splits or reverse-splits.

LLNW stock historical price chart

LLNW stock reached 52-week highs on February at $6.18, and all-time highs 2007-07-10 with a price of 23.82.

LLNW stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price prediction for Limelight Networks stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Limelight Networks presented its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will update this report.
LLNW earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-0.01n/a
2017-Q32017-10-18n/a0.02n/a
2017-Q42018-02-070.010.04300.0%
2018-Q12018-04-19-0.010.02n/a
2018-Q22018-07-190.010.010.0%
2018-Q32018-10-18n/an/an/a
2018-Q42019-01-30-0.03-0.05n/a
2019-Q12019-04-17n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw an excellent growth of 6.13% to $195.67 million USD. However, its income margin (compared to sales) soared to 5.03%, that is $9.84 million.

To have an up to date view of the financial situation of Limelight Networks, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Limelight Networks TTM sales up to March 2019 were $186.84 and income was $1.14 million USD. When comparing this TTM figures with the last reported annuality, we can esteem Limelight Networks business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, decreased a rough -4.51%. Regarding profit margin, Limelight Networks depreciated -4.42% to 5.03%

LLNW annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$173 M-$-34.98 M-20.2%-
2014$162 M-6.44%$-24.59 M-15.2%-29.70%
2015$171 M5.33%$-23.95 M-14.0%-2.60%
2016$168 M-1.57%$-73.93 M-43.9%208.64%
2017$184 M9.59%$-7.63 M-4.1%-89.68%
2018$196 M6.13%$9.84 M5.0%-228.99%
TTM $187 M-4.51%$1.14 M0.6%-88.47%

Quarterly financial results

Limelight Networks posted $43.28 million in revenues for 2019-Q1, a -1.62% less compared to previous quarter. Reported quarter income marked $-8.56 million with a profit margin of -19.78%. Profit margin slipped a -7.97% compared to previous quarter when profit margin was -11.80%. When comparing turnover to same quarter last year, Limelight Networks sales marked a hair-raising loss and collapsed a -16.95%. Looking back to recent quarterly results, Limelight Networks posted 4 negative quarters in a row.
LLNW quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$45 M-$-1.63 M-3.6%-
2017-Q3$46 M1.54%$-1.76 M-3.8%7.98%
2017-Q4$48 M4.60%$-0.91 M-1.9%-48.18%
2018-Q1$52 M8.15%$0.15 M0.3%-116.34%
2018-Q2$50 M-3.58%$15.16 M30.2%10,073.83%
2018-Q3$49 M-1.86%$-0.27 M-0.6%-101.79%
2018-Q4$44 M-10.79%$-5.19 M-11.8%1,809.19%
2019-Q1$43 M-1.62%$-8.56 M-19.8%64.82%

Limelight Networks ownership

When you are planning to buy a company, it's always worth to overview its ownership structure.

Limelight Networks shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 4.38% of all shares.

Bearish positions for LLNW stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related stocks:

LLNW
Market cap$686.3 M
Total shares116.5 M
Float shares113.3 M
  - Institutional holdings (%)81.4%
  - Insider holdings (%)4.4%
Shares in short selling0.0%

LLNW summary

Monday, April 6th, 2020
Open$5.72
Close$5.89
Day range$5.68 - $5.89
Previous close$5.51
Session gain6.90%
Average true range$0.56
50d mov avg$5.09
100d mov avg$4.72
200d mov avg$3.85
Daily patternlb02a
Weekly pattern lt02a

Limelight Networks performance

To better understand Limelight Networks performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Limelight Networks against in the following table:
Stock3m6m12m
LLNWLimelight Network...30.31%92.48%91.23%

Limelight Networks competitors

Unfortunately, we could not find any public company that could be defined as Limelight Networks competitor. This doesn't mean Limelight Networks does not have any competitor in the market, it's just we could not detected it.