Edgio (EGIO) and The Competition Head-To-Head Analysis

Edgio (NASDAQ:EGIOGet Rating) is one of 231 publicly-traded companies in the “Business services, not elsewhere classified” industry, but how does it compare to its competitors? We will compare Edgio to similar companies based on the strength of its dividends, risk, analyst recommendations, earnings, profitability, valuation and institutional ownership.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Edgio and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Edgio 0 0 2 0 3.00
Edgio Competitors 753 5532 11665 262 2.63

Edgio currently has a consensus target price of $5.00, indicating a potential upside of 83.82%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 33.66%. Given Edgio’s stronger consensus rating and higher possible upside, analysts plainly believe Edgio is more favorable than its competitors.

Institutional and Insider Ownership

51.3% of Edgio shares are owned by institutional investors. Comparatively, 60.3% of shares of all “Business services, not elsewhere classified” companies are owned by institutional investors. 10.2% of Edgio shares are owned by company insiders. Comparatively, 14.2% of shares of all “Business services, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Edgio and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Edgio -22.60% -24.22% -10.80%
Edgio Competitors -11.04% -50.95% -2.71%

Risk and Volatility

Edgio has a beta of 1.02, suggesting that its share price is 2% more volatile than the S&P 500. Comparatively, Edgio’s competitors have a beta of 0.95, suggesting that their average share price is 5% less volatile than the S&P 500.

Valuation & Earnings

This table compares Edgio and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Edgio $217.63 million -$54.76 million -6.97
Edgio Competitors $3.34 billion $327.01 million 22.64

Edgio’s competitors have higher revenue and earnings than Edgio. Edgio is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Edgio competitors beat Edgio on 8 of the 13 factors compared.

Edgio Company Profile

(Get Rating)

Edgio, Inc. provides content delivery network and related services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private global networks with distributed computing resources and extensive connectivity to last-mile broadband network providers; offers live and on-demand video delivery services; and provides online video platforms that integrates and manages advanced video delivery. It also offers edge computing services; cloud security services that provide defense against malicious website attacks and unauthorized content access; and cloud storage services. In addition, the company provides professional services; and other infrastructure services, such as transit, hardware, and rack space services. It serves companies operating in the media, entertainment, gaming, technology and software, enterprise, retail, and other sectors. The company was formerly known as Limelight Networks, Inc. and changed its name to Edgio, Inc. in June 20222. Edgio, Inc. was founded in 2001 and is headquartered in Tempe, Arizona.

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