Sangoma Technologies (NASDAQ:SANG - Get Free Report) issued its earnings results on Thursday. The company reported ($0.03) EPS for the quarter, meeting the consensus estimate of ($0.03), Zacks reports. The company had revenue of $58.07 million for the quarter, compared to the consensus estimate of $58.92 million. Sangoma Technologies had a negative net margin of 2.81% and a negative return on equity of 2.61%. Sangoma Technologies updated its FY 2025 guidance to EPS.
Sangoma Technologies Price Performance
Shares of SANG stock traded up $0.05 during trading hours on Friday, reaching $5.90. 3,674 shares of the company were exchanged, compared to its average volume of 7,930. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.86 and a quick ratio of 0.63. The company has a market cap of $198.41 million, a price-to-earnings ratio of -28.09 and a beta of 1.41. The stock's fifty day moving average is $4.88 and its two-hundred day moving average is $5.96. Sangoma Technologies has a fifty-two week low of $4.08 and a fifty-two week high of $7.99.
Analyst Upgrades and Downgrades
Separately, TD Securities decreased their price target on Sangoma Technologies from $14.00 to $11.00 and set a "buy" rating on the stock in a research report on Wednesday, April 30th.
View Our Latest Research Report on Sangoma Technologies
Sangoma Technologies Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sangoma Technologies, 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 Sangoma Technologies wasn't on the list.
While Sangoma Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
