Akamai Technologies (AKAM) Stock Update - Investors Take Note

By Ken Smith • Friday, August 09 15:12 • Permanent Link

Shares of Business Services company Akamai Technologies jumped 10.3% today. With many investors piling into AKAM without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

Akamai Technologies has moved -12.2% over the last year, and the S&P 500 logged a change of 19.2%
AKAM has an average analyst rating of buy and is -11.19% away from its mean target price of $113.76 per share
Its trailing earnings per share (EPS) is $4.01
Akamai Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 25.2 while the S&P 500 average is 28.21
Its forward earnings per share (EPS) is $6.75 and its forward P/E ratio is 15.0
The company has a Price to Book (P/B) ratio of 3.24 in contrast to the S&P 500's average ratio of 4.71
Akamai Technologies is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.15 and an average P/B of 3.11
AKAM has reported YOY quarterly earnings growth of 2.4% and gross profit margins of 0.6%
The company has a free cash flow of $528.28 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Akamai Technologies, Inc. provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance. It also provides web and mobile performance solutions to enable dynamic websites and applications; media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics; and cloud computing services, such as compute, storage, networking, database, and container management services to build, deploy, and secure applications and workloads. In addition, the company offers content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through various channel partners. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.