Should I buy or sell Ribbon Communications stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RBBN shares. View RBBN analyst ratings or view top-rated stocks .

What is Ribbon Communications' stock price target for 2024?

2 Wall Street analysts have issued 1 year target prices for Ribbon Communications' stock. Their RBBN share price targets range from $5.50 to $6.00. On average, they predict the company's stock price to reach $5.75 in the next year. This suggests a possible upside of 123.7% from the stock's current price. View analysts price targets for RBBN or view top-rated stocks among Wall Street analysts .

How have RBBN shares performed in 2024?

Ribbon Communications' stock was trading at $2.90 at the beginning of the year. Since then, RBBN stock has decreased by 11.4% and is now trading at $2.57. View the best growth stocks for 2024 here .

When is Ribbon Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our RBBN earnings forecast .

How can I listen to Ribbon Communications' earnings call?

Ribbon Communications will be holding an earnings conference call on Wednesday, April 24th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745635".

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc. (NASDAQ:RBBN) posted its earnings results on Wednesday, February, 14th. The communications equipment provider reported $0.10 earnings per share for the quarter, meeting the consensus estimate of $0.10. The communications equipment provider had revenue of $226.40 million for the quarter, compared to the consensus estimate of $233.63 million. Ribbon Communications had a positive trailing twelve-month return on equity of 3.53% and a negative net margin of 8.01%.

What ETFs hold Ribbon Communications' stock?

ETFs with the largest weight of Ribbon Communications (NASDAQ:RBBN) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN) . Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO) .

What guidance has Ribbon Communications issued on next quarter's earnings?

Ribbon Communications updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $180.0 million-$190.0 million, compared to the consensus revenue estimate of $193.8 million.

What other stocks do shareholders of Ribbon Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ribbon Communications investors own include Bank of Hawaii (BOH) , InterDigital (IDCC) , STAG Industrial (STAG) , NVIDIA (NVDA) , Overstock.com (OSTK) , Enphase Energy (ENPH) , Amyris (AMRS) , Pure Storage (PSTG) , QUALCOMM (QCOM) and Boeing (BA) .

Who are Ribbon Communications' major shareholders?

Ribbon Communications' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Silverberg Bernstein Capital Management LLC (0.23%). Insiders that own company stock include Bruce William Mcclelland, Bruns H Grayson, Chase & Co Jpmorgan, Dan Redington, Miguel A Lopez , Sam Bucci and Swarth Investments Ltd. View institutional ownership trends .

How do I buy shares of Ribbon Communications?

Shares of RBBN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Ribbon Communications have any subsidiaries?

The following companies are subsidiares of Ribbon Communications: ECI Telecom. Read More

NASDAQ:RBBN

Ribbon Communications (RBBN) Stock Price, News & Analysis

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$2.57

-0.01 (-0.39%)

(As of 04/19/2024 ET)

Compare

Today's Range: $2.55
▼
$2.60
50-Day Range: $2.57
▼
$3.51
52-Week Range: $1.78
▼
$3.65

Volume: 470,374 shs
Average Volume: 405,596 shs
Market Capitalization: $441.35 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.75

Get Ribbon Communications alerts:

Ribbon Communications MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 123.7% Upside
$5.75 Price Target
Short Interest: Healthy
2.52% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.04
Upright™ Environmental Score
News Sentiment: 0.50
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$297,720 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.40 out of 5 stars

Computer And Technology Sector

115th out of 585 stocks

Computer Integrated Systems Design Industry

5th out of 34 stocks

3.5

Analyst's Opinion

Consensus Rating
Ribbon Communications has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Ribbon Communications has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.52% of the float of Ribbon Communications has been sold short.
Short Interest Ratio / Days to Cover
Ribbon Communications has a short interest ratio ("days to cover") of 8.7.
Change versus previous month
Short interest in Ribbon Communications has recently decreased by 5.35%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ribbon Communications does not currently pay a dividend.
Dividend Growth
Ribbon Communications does not have a long track record of dividend growth.

3.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Ribbon Communications has received a 44.52% net impact score from Upright. Ribbon Communications seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Routers", "Secure file sharing software", "Voicemail services", "Optical transceivers", and "Network gateways" products. See details.
Environmental Sustainability
The Environmental Impact score for Ribbon Communications is -1.04.

2.5

News and Social Media Coverage

News Sentiment
Ribbon Communications has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Ribbon Communications this week, compared to 4 articles on an average week.
Search Interest
4 people have searched for RBBN on MarketBeat in the last 30 days.
MarketBeat Follows
5 people have added Ribbon Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ribbon Communications insiders have bought 45.15% more of their company's stock than they have sold. Specifically, they have bought $297,720.00 in company stock and sold $205,119.00 in company stock.
Percentage Held by Insiders
Only 1.91% of the stock of Ribbon Communications is held by insiders.
Percentage Held by Institutions
70.92% of the stock of Ribbon Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ribbon Communications is -6.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ribbon Communications is -6.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Ribbon Communications has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Ribbon Communications Stock (NASDAQ:RBBN)

Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products, solutions, and services for voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications, and unified communications and collaboration. It also offers session border controllers; and network transformation products, such as signaling products, call controllers, media gateways, and application servers. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. The IP Optical Networks segment provides hardware and software products and solutions for IP networking, switching, routing, and optical transport for technologies, such as 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, multi-service access, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.

RBBN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RBBN Stock News Headlines

March 19, 2024 | insidertrades.com

Ribbon Communications Inc. (NASDAQ:RBBN) Director Bruns H. Grayson Purchases 100,000 Shares

April 18, 2024 | msn.com

Ribbon cut on Wesselman Playground

April 19, 2024 | Crypto 101 Media (Ad)

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April 17, 2024 | finance.yahoo.com

Ribbon Communications Announces Time Change for Reporting First Quarter 2024 Financial Results

April 17, 2024 | prnewswire.com

Ribbon Communications Announces Time Change for Reporting First Quarter 2024 Financial Results

April 17, 2024 | americanbankingnews.com

Ribbon Communications (RBBN) Scheduled to Post Quarterly Earnings on Wednesday

April 11, 2024 | prnewswire.com

Ribbon Communications to Report First Quarter 2024 Financial Results on April 24, 2024

April 11, 2024 | msn.com

Ribbon cutting, tree planting will celebrate Killbuck Creek, Sand Run wetlands project

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 4, 2024 | yahoo.com

Ribbon cutting ceremony set for Love Family Women's Center

April 4, 2024 | msn.com

Mount Nittany Health Children’s Advocacy Center director honored as Blue Ribbon Champion

April 1, 2024 | finance.yahoo.com

Favourable Signals For Ribbon Communications: Numerous Insiders Acquired Stock

March 30, 2024 | news.yahoo.com

Jayenne Elementary celebrates being named a 2023 Blue Ribbon School by U.S. Department of Education

March 19, 2024 | finanznachrichten.de

Ribbon Communications Inc.: Ribbon and Cisco Demonstrate 1.2 Tbps Interoperability at OFC 2024

March 19, 2024 | prnewswire.com

Ribbon and Cisco Demonstrate 1.2 Tbps Interoperability at OFC 2024

March 18, 2024 | finance.yahoo.com

Director Bruns Grayson Acquires 100,000 Shares of Ribbon Communications Inc (RBBN)

March 14, 2024 | msn.com

Ex-White Ribbon ambassador Jon Seccull jailed for domestic abuse of former wife

March 12, 2024 | yahoo.com

Resistance movement Yellow Ribbon starts action Flag of Ferocity to promote unarmed resistance in occupied areas – video

March 11, 2024 | finanznachrichten.de

NIMCO: 2024 Red Ribbon Week Theme Announced

March 11, 2024 | finance.yahoo.com

2024 Red Ribbon Week Theme Announced

March 11, 2024 | townlift.com

Restoring a Blue Ribbon Fishery: Trout Unlimited drills hole in Scofield Dam

March 1, 2024 | finance.yahoo.com

Insider Sell: EVP, Chief Legal Officer & Secretary Patrick Macken Sells 42,094 Shares of ...

March 1, 2024 | msn.com

Upcoming Deadline to Share in Ribbon Communications, Inc. (f/k/a Sonus Networks, Inc.) (RBBN) Class Action Settlement

February 29, 2024 | finance.yahoo.com

Insider Sell: EVP of Global Sales Dan Redington Sells 34,452 Shares of Ribbon Communications ...

February 25, 2024 | msn.com

Ribbon Communications (RBBN) Price Target Increased by 9.09% to 6.12

February 23, 2024 | finance.yahoo.com

Ribbon Named to Newsweek's Greatest Workplaces for Women 2024

February 16, 2024 | finance.yahoo.com

Ribbon Communications Full Year 2023 Earnings: US$0.39 loss per share (vs US$0.63 loss in FY 2022)

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/19/2024
Next Earnings (Confirmed): 4/24/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Computer integrated systems design
Sub-Industry: Communications Equipment
Current Symbol: NASDAQ:RBBN
CUSIP: 83591610
CIK: 1708055
Web: www.ribboncommunications.com
Phone: (978) 614-8100
Fax: 978-614-8101
Employees: 3,107
Year Founded: 2017

Price Target and Rating

Average Stock Price Target: $5.75
High Stock Price Target: $6.00
Low Stock Price Target: $5.50
Potential Upside/Downside: +123.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.40)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 14.28
P/E Growth: N/A
Net Income: $-66,210,000.00
Net Margins: -8.01%
Pretax Margin: -6.70%
Return on Equity: 3.53%
Return on Assets: 1.39%

Debt

Debt-to-Equity Ratio: 0.44
Current Ratio: 1.23
Quick Ratio: 1.00

Sales & Book Value

Annual Sales: $826.34 million
Price / Sales: 0.53
Cash Flow: $0.51 per share
Price / Cash Flow: 5.06
Book Value: $2.64 per share
Price / Book: 0.97

Miscellaneous

Outstanding Shares: 171,730,000
Free Float: 168,451,000
Market Cap: $441.35 million
Optionable: Optionable
Beta: 1.19

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Key Executives

Mr. Bruce W. McClelland (Age 57)
President, CEO & Director
Comp: $784.51k
Mr. Miguel A. Lopez Ben (Age 64)
Executive VP & CFO
Comp: $549.52k
Mr. Salvatore Bucci (Age 59)
Executive VP & COO
Comp: $573.09k
Mr. Patrick W. Macken (Age 50)
Executive VP, Chief Legal Officer & Corporate Secretary
Comp: $434.86k
Mr. Jamie Gibson
Vice President of Technology & Sales Engineering
Mr. Dan Redington (Age 57)
Executive Vice President of Global Sales
Ms. Joni Roberts
Chief Marketing Officer & Senior VP
Ms. Petrena Ferguson
Senior Vice President of Human Resources
Mr. David Stokes
Head of IP Solutions & IP Portfolio Marketing
Lindsay Savarese
Investor Relations Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RBBN Stock Analysis - Frequently Asked Questions

Should I buy or sell Ribbon Communications stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RBBN shares.
View RBBN analyst ratings or view top-rated stocks.
What is Ribbon Communications' stock price target for 2024?: 2 Wall Street analysts have issued 1 year target prices for Ribbon Communications' stock. Their RBBN share price targets range from $5.50 to $6.00. On average, they predict the company's stock price to reach $5.75 in the next year. This suggests a possible upside of 123.7% from the stock's current price.
View analysts price targets for RBBN or view top-rated stocks among Wall Street analysts.
How have RBBN shares performed in 2024?: Ribbon Communications' stock was trading at $2.90 at the beginning of the year. Since then, RBBN stock has decreased by 11.4% and is now trading at $2.57.
View the best growth stocks for 2024 here.
When is Ribbon Communications' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our RBBN earnings forecast.
How can I listen to Ribbon Communications' earnings call?: Ribbon Communications will be holding an earnings conference call on Wednesday, April 24th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745635".
How were Ribbon Communications' earnings last quarter?: Ribbon Communications Inc. (NASDAQ:RBBN) posted its earnings results on Wednesday, February, 14th. The communications equipment provider reported $0.10 earnings per share for the quarter, meeting the consensus estimate of $0.10. The communications equipment provider had revenue of $226.40 million for the quarter, compared to the consensus estimate of $233.63 million. Ribbon Communications had a positive trailing twelve-month return on equity of 3.53% and a negative net margin of 8.01%.

What ETFs hold Ribbon Communications' stock?: ETFs with the largest weight of Ribbon Communications (NASDAQ:RBBN) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN).Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO).
What guidance has Ribbon Communications issued on next quarter's earnings?: Ribbon Communications updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $180.0 million-$190.0 million, compared to the consensus revenue estimate of $193.8 million.
What other stocks do shareholders of Ribbon Communications own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ribbon Communications investors own include Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), NVIDIA (NVDA), Overstock.com (OSTK), Enphase Energy (ENPH), Amyris (AMRS), Pure Storage (PSTG), QUALCOMM (QCOM) and Boeing (BA).
Who are Ribbon Communications' major shareholders?: Ribbon Communications' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Silverberg Bernstein Capital Management LLC (0.23%). Insiders that own company stock include Bruce William Mcclelland, Bruns H Grayson, Chase & Co Jpmorgan, Dan Redington, Miguel A Lopez, Sam Bucci and Swarth Investments Ltd.
View institutional ownership trends.
How do I buy shares of Ribbon Communications?: Shares of RBBN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Ribbon Communications have any subsidiaries?: The following companies are subsidiares of Ribbon Communications: ECI Telecom.
Read More

This page (NASDAQ:RBBN) was last updated on 4/19/2024 by MarketBeat.com Staff

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