BroadSoft, Inc. is a provider of software and services that enable telecommunications service providers to deliver hosted, cloud-based Unified Communications (UC) to their enterprise customers. The Company offers service providers two deployment options, software and software-as-a-service (SaaS), to enable them to offer UC services to their enterprise customers. Hosted UC enables the delivery of Private Branch Exchange (PBX) features without the need for premise-based equipment. Hosted UC can be delivered through service providers using their own Internet protocol (IP)-based networks, as well as over the public Internet. In addition to voice telephony, UC offers additional features, such as full integration with mobile devices, conferencing, instant messaging and presence (IM&P) and Web collaboration. Its Hosted UC products enable service providers to offer enterprises IP PBX and UC features through a hosted service rather than through premise-based equipment, such as PBXs.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Application Software
- Sub-Industry: Application Software
- Exchange: NASDAQ
- Symbol: BSFT
- CUSIP: 11133B40
- Previous Close: $43.30
- 50 Day Moving Average: $42.53
- 200 Day Moving Average: $43.33
- 52-Week Range: $30,143,000.00 - $27.91
- Trailing P/E Ratio: 190.87
- Foreward P/E Ratio: 18.60
- P/E Growth: 8.46
- Market Cap: $1323.32B
- Outstanding Shares: 30,143,000
- Beta: 1.67
- Net Margins: 2.01%
- Return on Equity: 11.32%
- Return on Assets: 5.07%
Companies Related to BroadSoft:
- Debt-to-Equity Ratio: 0.68%
- Current Ratio: 2.88%
- Quick Ratio: 2.88%
What is BroadSoft's stock symbol?
BroadSoft trades on the NASDAQ under the ticker symbol "BSFT."
Where is BroadSoft's stock going? Where will BroadSoft's stock price be in 2017?
7 brokerages have issued 12-month price targets for BroadSoft's stock. Their forecasts range from $33.00 to $55.00. On average, they expect BroadSoft's stock price to reach $46.00 in the next twelve months.
When will BroadSoft announce their earnings?
BroadSoft is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.
What are analysts saying about BroadSoft stock?
Here are some recent quotes from research analysts about BroadSoft stock:
According to Zacks Investment Research, "BroadSoft, Inc. is engaged in providing software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their Internet protocol-based, or IP-based, networks. The Company's software, BroadWorks, enables its service provider customers to provide enterprises and consumers with a range of cloud-based, or hosted, IP multimedia communications, such as hosted IP private branch exchanges, or PBXs, video calling, unified communications, or UC, collaboration and converged mobile and fixed-line services. BroadSoft, Inc. is headquartered in Gaithersburg, Maryland. " (5/11/2016)
William Blair analysts commented, "Solid Quarter, Software Billings Expected to Rebound in Second Half, Stock Remains Attractive Another solid quarter: BroadSoft delivered solid revenue and EPS results in the first quarter, beating consensus estimates by $1.5 million and $0.11, respectively. Second- quarter revenue was lowered versus consensus by the amount of the beat in the first quarter but was in line with our estimate, as we tend to model the first- and second-half revenue split similar to last couple of years (i.e., 45/55). Second-quarter EPS guidance was lowered by $0.12 ($0.07 versus our estimate), but recall last quarter they beat by $0.35 and this quarter EPS beat by $0.11. As result, on a normalized basis, we are not particularly concerned as guidance for full year 2016 was maintained at $336 million and $2.00 at midpoint. We side with management’s using additional expenses to reaccelerate growth in BroadCloud, integration of Transera (cloud contact center) and broaden the company’s international reach—the company acquired its way into the U.K, Japan, and Germany in the last few years and launched in France this quarter, with several new markets launches earmarked throughout 2016." (5/2/2016)
Who owns BroadSoft stock?
BroadSoft's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Brown Advisory Inc. (4.92%), Franklin Resources Inc. (4.83%), Fiera Capital Corp (3.42%), Federated Investors Inc. PA (3.32%), Sagard Capital Partners Management Corp (2.65%) and Ranger Investment Management L.P. (2.34%). Company insiders that own BroadSoft stock include Dennis Dourgarian, James Albert Tholen, John D Jr Markley, Michael Tessler, Scott D Hoffpauir and Taher G Behbehani.
Who sold BroadSoft stock? Who is selling BroadSoft stock?
BroadSoft's stock was sold by a variety of institutional investors in the last quarter, including Sagard Capital Partners Management Corp, Metropolitan Life Insurance Co. NY, Federated Investors Inc. PA, Fiera Capital Corp, Paragon Associates & Paragon Associates II Joint Venture, RK Capital Management LLC, Royce & Associates LP and AQR Capital Management LLC. Company insiders that have sold BroadSoft stock in the last year include Dennis Dourgarian, James Albert Tholen, John D Jr Markley, Michael Tessler and Taher G Behbehani.
Who bought BroadSoft stock? Who is buying BroadSoft stock?
BroadSoft's stock was purchased by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Brown Advisory Inc., FIL Ltd, Cortina Asset Management LLC, Ranger Investment Management L.P., Franklin Resources Inc., Lyon Street Capital LLC and Raymond James Financial Services Advisors Inc..
How do I buy BroadSoft stock?
Shares of BroadSoft can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of BroadSoft stock cost?
One share of BroadSoft stock can currently be purchased for approximately $43.90.