Edgio moved -3.9% this afternoon session, trading between a high of $0.57 and a low of $0.5311 per share. Yesterday the stock finished at $0.56 per share, compared to an average analyst target price of $2.4.
Edgio, Inc. provides edge-enabled software solutions through an integrated delivery, applications, and streaming platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The small-cap business services company is based in the United States. Edgio has trailing twelve months earnings per share (EPS) of -0.53, which at today's prices amounts to a price to earnings (P/E) ratio of -1.0.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of -0.25. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2021-12-31 | 217,630 | 157,650 | 27.56 | -23.66 |
| 2020-12-31 | 230,194 | 147,088 | 36.1 | -11.17 |
| 2019-12-31 | 200,634 | 119,090 | 40.64 | n/a |
At 34.8%, Edgio's average gross margins are wider than the 31.2% average of its industry peer group, which suggests that the firm might have a competitive advantage.
