Earnings Forecast Research on Akamai Technologies, Inc. (AKAM)

Akamai Technologies, Inc. has received $0.53 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 6 Financial Advisor in the Stock Trading Firms. Among 6 Analysts, Bottom line EPS Estimate for the current quarter is $0.52 while the top line estimate is $0.55 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -3.03%.

Akamai Technologies, Inc. reported better than expected with a surprise EPS of 6.25% or $0.03 during its most recent quarterly earnings. The Actual EPS was $0.51 compared to the Estimated EPS of $0.48.

Akamai Technologies, Inc. has a Price to Earnings ratio of 33.08 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 3.74. For the Most Recent Fiscal Year, Akamai Technologies, Inc. has a price to cash ratio of 17.89. For the Trailing twelve month period, company showed a Net Profit Margin of 13.59% and Return on Equity of the stock is 11.61%.

In the last quarter, Akamai Technologies, Inc. reported Annual Earnings of $0.51. Based on the filings, last years Annual Earnings was, $1.98. In the last Quarter, AKAM reported a surprise Earnings per Share of 6.25% . The consensus estimate for current quarter is $0.53 and for the current fiscal year, the estimate is $2.11. For the Next fiscal year, the estimate is $2.29 based on the consensus.

Akamai Technologies, Inc. (NASDAQ:AKAM) : On Tuesday heightened volatility was witnessed in Akamai Technologies, Inc. (NASDAQ:AKAM) which led to swings in the share price. The stock opened for trading at $67.57 and hit $68.85 on the upside , eventually ending the session at $68.59, with a gain of 1.15% or 0.78 points. The heightened volatility saw the trading volume jump to 1,548,738 shares. The 52-week high of the share price is $71.64 and the company has a market cap of $11,887 million. The 52-week low of the share price is at $39.43 .

Akamai Technologies Inc. is the leading global service provider for accelerating content and business processes online. Thousands of organizations have formed trusted relationships with Akamai, improving their revenue and reducing costs by maximizing the performance of their online businesses. Leveraging the Akamai EdgePlatform, these organizations gain business advantage today, and have the foundation for the emerging Web solutions of tomorrow.


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