Tomorrow Akamai will publish its past quarter's results. Over the current book year the total revenue will be 2,7 billion USD (consensus estimates). This is slightly more than 2017's revenue of 2,5 billion USD.
The analysts expect for 2018 a net profit of 570 million USD. Most of the analysts anticipate on a profit per share of 3,34 USD. Based on this the price/earnings-ratio is 18,55.
Analysts don't expect the company to pay a dividend. The average dividend yield of the internet companies is a limited 0,5 percent.
Akamai 's market capitalization is based on the number of outstanding shares around 10,74 billion USD. The Akamai stock was the past 12 months quite volatile. Since last October the stock is 17 percent higher. This year the stock price moved between 52 and 83 dollar. Since 2008 the stock price is almost 346 percent higher.
On Friday the stock closed at 61,97 USD.ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com
Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.