3 Trending Stocks: Limelight Networks, Inc. (LLNW), SeaWorld Entertainment, Inc. (SEAS), United Rentals, Inc. (URI)

Limelight Networks, Inc. (LLNW) managed to rebound with the stock climbing 9.21% or $0.14 to close the day at $1.66 on active trading volume of 2.17M shares, compared to its three month average trading volume of 197.25K. The Tempe Arizona 85281 based company has been underperforming the internet information providers group over the past 52 weeks, with the stock losing -26.55%, compared to the industry which has advanced 26.35% over the same period. With RSI of 50.73, the stock should still continue to rise and get closer to its one year target estimate of $3.09, making it a hold for now.

Limelight Networks, Inc. provides content delivery network services to deliver digital content over the Internet in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers the Orchestrate Platform, a suite of integrated services, which include content delivery services, mobile delivery services, video content management services, performance services for Website and Web application acceleration and security, cloud storage services for various devices, and cloud-based content security services. It also offers professional services and other infrastructure services, such as transit and rack space services. The company serves traditional and emerging media companies operating in the television, music, radio, newspaper, magazine, movie, game, software, and social media industries, as well as enterprises, technology companies, and government entities conducting business online. Limelight Networks, Inc. was founded in 2001 and is headquartered in Tempe, Arizona.

SeaWorld Entertainment, Inc. (SEAS) climbed 1.74% during last trading as the stock added $0.23 to finish the day at $13.46 with about 2.16M shares changing hands, compared to its three month average trading volume of 1.96M. The $1.2B market cap company, which fluctuated between $13.08 and $13.52 during the day, currently situated 14.36% above its 52 week low of $11.77 and -37.57% away from its one year high of $21.85. The RSI of 55.22 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

SeaWorld Entertainment, Inc. operates as a theme park and entertainment company in the United States. It operates marine-life theme park under the SeaWorld brand name in San Diego, Orlando, and San Antonio; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; Discovery Cove marine life theme park in Langhorne; and Sesame Place, a seasonal park in Langhorne. The company also operates water parks under the Aquatica brand name in Orlando, San Antonio, and San Diego; Water Country USA name in Williamsburg; and the Adventure Island name in Tampa. In addition, it operates its theme park under Shamu and Sea Rescue brand names. The company owns and operates 11 destination and regional theme parks. The company was formerly known as SW Holdco, Inc. and changed its name to SeaWorld Entertainment, Inc. in December 2012. SeaWorld Entertainment, Inc. was founded in 1959 and is headquartered in Orlando, Florida.

United Rentals, Inc. (URI) saw its value increase by 0.21% as the stock gained $0.16 to finish the day at a closing price of $75.55. The stock was higher in trading and has fluctuated between $41.9-$84.63 per share for the past year. The shares, which traded within a range of $74.99 to $77.24 during the day, are up by 14.04% in the past three months and up by 22.49% over the past six months. It is currently trading -5.6% below its 20 day moving average and -3.59% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $75 a share over the next twelve months. The current relative strength index (RSI) reading is 39.41. The technical indicator lead us to believe there will be no major movement any time soon, hold.

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power, and Pump. The General Rentals segment engages in the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools. This segment serves construction and industrial companies, manufacturers, utilities, municipalities, and homeowners. The Trench, Power, and Pump segment is involved in the rental of specialty construction products, including trench safety equipment, such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and HVAC equipment, which consists of portable diesel generators, electrical distribution equipment, and temperature control equipment; and pumps primarily used by energy and petrochemical customers. It serves construction companies involved in infrastructure projects, municipalities, and industrial companies. The company also sells new equipment, such as aerial lifts, reach forklifts, telehandlers, compressors, and generators; contractor supplies, including construction consumables, tools, small equipment, and safety supplies; and parts for equipment that are owned by the company’s customers, as well as provides repair and maintenance services. It sells its used equipment through its sales force, brokers, and Website, as well as at auctions and directly to manufacturers. As of February 18, 2016, the company operated 897 rental locations in the United States and Canada. United Rentals, Inc. was founded in 1997 and is headquartered in Stamford, Connecticut.

 

Analyst Activity: Limelight Networks, Inc. (NASDAQ:LLNW)

The shares of Limelight Networks, Inc. (NASDAQ:LLNW) currently has mean rating of 2.33 while 1 analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and 1 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 43.84 million by 6 analysts. The means estimate of sales for the year ending Dec-16 is 182.08 million by 6 analysts.

The mean price target for the shares of Limelight Networks, Inc. (NASDAQ:LLNW) is at 2.99 while the highest price target suggested by the analysts is 3.75 and low price target is 1.50. The mean price target is calculated keeping in view the consensus of 5 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Limelight Networks, Inc. (NASDAQ:LLNW) stands at -0.01 while the EPS for the current year is fixed at -0.01 by 6 analysts.

The next one year’s EPS estimate is set at 0.05 by 6 analysts while a year ago the analysts suggested the company’s EPS at -0.01. The analysts also projected the company’s long-term growth at 2.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Limelight Networks, Inc. (NASDAQ:LLNW) reported earnings of -$0.01. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 23, 2016 Limelight Networks, Inc. (LLNW) will report financial results for the second quarter 2016 on Wednesday, July 27, 2016 at 4:00 p.m. EDT (1:00 p.m. PDT).

Management will host a quarterly conference call for investors at 4:30 p.m. EDT (1:30 p.m. PDT). Investors can access this call toll-free at (877) 388-8480 within the United States or +1 (678) 809-1592 outside of the United States.

The conference call will also be audiocast live from www.limelight.com and a replay will be available following the call from the Company’s website.

About Limelight

Limelight Networks (LLNW), a global leader in digital content delivery, empowers customers to better engage online audiences by enabling them to securely manage and globally deliver digital content, on any device. The company’s award winning Limelight Orchestrate™ platform includes an integrated suite of content delivery technology and services that helps organizations secure digital content, deliver exceptional multi-screen experiences, improve brand awareness, drive revenue, and enhance customer relationships — all while reducing costs. For more information, please visit www.limelight.com, read our blog, follow us on Twitter, Facebook and LinkedIn and be sure to visit Limelight Connect.