Ribbon Communications Inc. (NASDAQ:RBBN) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Ribbon Communications Inc. (NASDAQ:RBBN) has a consensus rating of “Moderate Buy”, with one sell recommendation and four buy recommendations from analysts.
• The average one-year price target for Ribbon Communications stock is set at $6.00, indicating potential for growth according to brokerage reports.
• Insiders sold a total of 198,300 shares of the company's stock valued at approximately $801,173 in the last 90 days, reflecting shifts in internal ownership stakes.

Shares of Ribbon Communications Inc. (NASDAQ:RBBN - Get Free Report) have earned a consensus rating of "Moderate Buy" from the five research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $6.00.

Several research firms have recently weighed in on RBBN. Wall Street Zen upgraded shares of Ribbon Communications from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $6.00 price target on shares of Ribbon Communications in a report on Thursday, September 11th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Ribbon Communications in a report on Saturday, September 27th.

Insider Buying and Selling

In other Ribbon Communications news, Director Beatriz V. Infante sold 8,690 shares of Ribbon Communications stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $3.98, for a total value of $34,586.20. Following the transaction, the director directly owned 343,224 shares of the company's stock, valued at $1,366,031.52. The trade was a 2.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dan Redington sold 14,176 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $4.02, for a total transaction of $56,987.52. The disclosure for this sale can be found here. Insiders sold a total of 198,300 shares of company stock valued at $801,173 in the last 90 days. 1.72% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in Ribbon Communications by 0.7% in the first quarter. Vanguard Group Inc. now owns 7,457,467 shares of the communications equipment provider's stock worth $29,233,000 after buying an additional 55,394 shares during the period. Royce & Associates LP increased its stake in shares of Ribbon Communications by 10.3% during the first quarter. Royce & Associates LP now owns 3,092,068 shares of the communications equipment provider's stock valued at $12,121,000 after purchasing an additional 289,210 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Ribbon Communications by 7.9% in the 2nd quarter. Geode Capital Management LLC now owns 2,303,256 shares of the communications equipment provider's stock worth $9,238,000 after buying an additional 169,402 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Ribbon Communications by 24.1% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,476,053 shares of the communications equipment provider's stock worth $5,919,000 after buying an additional 286,803 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its stake in shares of Ribbon Communications by 16.5% in the 2nd quarter. First Eagle Investment Management LLC now owns 1,025,914 shares of the communications equipment provider's stock worth $4,114,000 after buying an additional 145,159 shares during the last quarter. 70.92% of the stock is owned by hedge funds and other institutional investors.

Ribbon Communications Price Performance

NASDAQ:RBBN traded up $0.09 during trading hours on Friday, hitting $3.86. The company's stock had a trading volume of 981,754 shares, compared to its average volume of 585,390. The stock has a fifty day simple moving average of $3.88 and a 200-day simple moving average of $3.79. The company has a market capitalization of $683.53 million, a P/E ratio of -15.44 and a beta of 1.36. Ribbon Communications has a twelve month low of $3.01 and a twelve month high of $5.38. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.38 and a quick ratio of 1.13.

Ribbon Communications (NASDAQ:RBBN - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The communications equipment provider reported $0.05 earnings per share for the quarter, hitting analysts' consensus estimates of $0.05. Ribbon Communications had a negative net margin of 5.14% and a positive return on equity of 7.08%. The firm had revenue of $220.58 million for the quarter, compared to analysts' expectations of $213.31 million. During the same quarter in the previous year, the firm posted $0.05 earnings per share. The company's revenue was up 14.5% on a year-over-year basis. Ribbon Communications has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts anticipate that Ribbon Communications will post 0.18 EPS for the current fiscal year.

About Ribbon Communications

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.

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