What is Stifel Canada's Estimate for SANG FY2027 Earnings?

Key Points

• Analyst S. Sukumar from Stifel Canada has reduced their FY2027 earnings per share (EPS) estimate for Sangoma Technologies from $0.63 to $0.57.
• Sangoma Technologies reported quarterly earnings of $0.02 per share, surpassing the consensus estimate of $0.01, with revenue of $59.36 million.
• The stock price of Sangoma Technologies has decreased by 13.7%, opening at $5.22 on Friday, with a market capitalization of $173.51 million.

Sangoma Technologies Corporation (NASDAQ:SANG - Free Report) - Research analysts at Stifel Canada lowered their FY2027 EPS estimates for Sangoma Technologies in a research report issued to clients and investors on Thursday, September 18th. Stifel Canada analyst S. Sukumar now forecasts that the company will post earnings per share of $0.57 for the year, down from their previous estimate of $0.63. The consensus estimate for Sangoma Technologies' current full-year earnings is ($0.18) per share.

Sangoma Technologies Stock Up 0.5%

SANG stock traded up $0.03 during midday trading on Friday, hitting $5.05. The company's stock had a trading volume of 7,006 shares, compared to its average volume of 7,753. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.86 and a quick ratio of 0.70. Sangoma Technologies has a twelve month low of $4.08 and a twelve month high of $7.99. The company's fifty day moving average price is $5.74 and its 200 day moving average price is $5.49. The stock has a market capitalization of $167.70 million, a P/E ratio of -33.63 and a beta of 1.38.

Sangoma Technologies (NASDAQ:SANG - Get Free Report) last issued its quarterly earnings results on Wednesday, September 17th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. Sangoma Technologies had a negative net margin of 2.12% and a negative return on equity of 1.73%. The firm had revenue of $59.36 million for the quarter, compared to analyst estimates of $58.58 million. Sangoma Technologies has set its FY 2026 guidance at EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Ewing Morris & Co. Investment Partners Ltd. grew its position in shares of Sangoma Technologies by 3.1% in the 2nd quarter. Ewing Morris & Co. Investment Partners Ltd. now owns 472,554 shares of the company's stock valued at $2,923,000 after acquiring an additional 14,397 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Sangoma Technologies by 1.6% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 291,533 shares of the company's stock valued at $1,808,000 after acquiring an additional 4,700 shares during the period. Acadian Asset Management LLC grew its position in shares of Sangoma Technologies by 51.7% in the 1st quarter. Acadian Asset Management LLC now owns 181,800 shares of the company's stock valued at $809,000 after acquiring an additional 61,951 shares during the period. National Bank of Canada FI grew its position in shares of Sangoma Technologies by 17.5% in the 1st quarter. National Bank of Canada FI now owns 87,982 shares of the company's stock valued at $388,000 after acquiring an additional 13,127 shares during the period. Finally, Intact Investment Management Inc. grew its position in shares of Sangoma Technologies by 99.4% in the 1st quarter. Intact Investment Management Inc. now owns 551,525 shares of the company's stock valued at $2,488,000 after acquiring an additional 274,925 shares during the period. Institutional investors own 39.65% of the company's stock.

About Sangoma Technologies

Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a voice over internet protocol phone system; Switchvox Cloud, a unified communications solution, as well as provides cloud communication solutions.