Ribbon Communications (NASDAQ:RBBN - Get Free Report) released its earnings results on Tuesday. The communications equipment provider reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.04), Briefing.com reports. Ribbon Communications had a positive return on equity of 7.36% and a negative net margin of 6.50%. The firm had revenue of $181.28 million for the quarter, compared to analyst estimates of $191.66 million. During the same period last year, the firm earned ($0.01) EPS. The company's revenue for the quarter was up .9% compared to the same quarter last year. Ribbon Communications updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.
Ribbon Communications Price Performance
Shares of Ribbon Communications stock traded up $0.01 on Friday, hitting $3.24. The company's stock had a trading volume of 707,234 shares, compared to its average volume of 407,015. The company has a market capitalization of $570.02 million, a price-to-earnings ratio of -10.13 and a beta of 1.37. Ribbon Communications has a 1 year low of $2.75 and a 1 year high of $5.38. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.16 and a current ratio of 1.42. The firm has a fifty day moving average price of $3.82 and a 200-day moving average price of $3.97.
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. Rosenblatt Securities restated a "buy" rating and set a $5.50 target price on shares of Ribbon Communications in a research report on Wednesday. StockNews.com cut Ribbon Communications from a "buy" rating to a "hold" rating in a report on Friday. JMP Securities reaffirmed a "market outperform" rating and set a $6.00 target price on shares of Ribbon Communications in a report on Thursday, February 13th. Finally, B. Riley decreased their price target on Ribbon Communications from $7.50 to $6.00 and set a "buy" rating for the company in a report on Wednesday. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Ribbon Communications currently has an average rating of "Moderate Buy" and an average target price of $5.88.
View Our Latest Stock Report on RBBN
About Ribbon Communications
(
Get Free Report)
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.
Featured Stories
Before you consider Ribbon Communications, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ribbon Communications wasn't on the list.
While Ribbon Communications currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
