About BroadSoft (NASDAQ:BSFT)
BroadSoft, Inc. is a global provider of software and services that enable telecommunications service providers to deliver hosted, cloud-based Unified Communications (UC) to their enterprise customers. The BroadSoft Business solution is a communications and collaboration offering that enables telecommunications service providers to offer businesses and other enterprises UC features and functionalities on a cloud-delivered basis without the need for traditional premise-based private branch exchange (PBX) equipment. BroadSoft Business includes its UC-One, Team-One and CC-One applications. The capabilities of the BroadSoft Business offering can be accessed through desk phones, smartphones, tablets, laptops and personal computers. Its BroadWorks SIP Trunking solution enables service providers to provide Internet protocol (IP) interconnectivity and additional services to enterprises that already have premise-based PBXs. Its training services include systems administration and provisioning.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Technology Consulting & Outsourcing Services
- Sub-Industry: Application Software
- Symbol: NASDAQ:BSFT
- CUSIP: 11133B40
- Web: www.broadsoft.com
- Market Cap: $1.67 billion
- Outstanding Shares: 31,013,000
- 50 Day Moving Avg: $51.51
- 200 Day Moving Avg: $43.66
- 52 Week Range: $33.85 - $54.70
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 20.57
- P/E Growth: -6.72
- Annual Revenue: $354.53 million
- Price / Sales: 4.71
- Book Value: $10.77 per share
- Price / Book: 5.00
- EBITDA: $24.27 million
- Net Margins: -2.34%
- Return on Equity: 4.72%
- Return on Assets: 2.23%
- Debt-to-Equity Ratio: 0.62%
- Current Ratio: 3.94%
- Quick Ratio: 3.94%
- Average Volume: 371,051 shs.
- Beta: 0.97
- Short Ratio: 11.19
Frequently Asked Questions for BroadSoft (NASDAQ:BSFT)
What is BroadSoft's stock symbol?
BroadSoft trades on the NASDAQ under the ticker symbol "BSFT."
How were BroadSoft's earnings last quarter?
BroadSoft, Inc. (NASDAQ:BSFT) issued its quarterly earnings results on Monday, August, 7th. The company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of ($0.13) by $0.53. The firm had revenue of $88.80 million for the quarter, compared to analysts' expectations of $86.63 million. BroadSoft had a positive return on equity of 4.72% and a negative net margin of 2.34%. The business's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.49 EPS. View BroadSoft's Earnings History.
When will BroadSoft make its next earnings announcement?
What guidance has BroadSoft issued on next quarter's earnings?
BroadSoft issued an update on its FY17 earnings guidance on Monday, August, 7th. The company provided earnings per share guidance of $2.20-2.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.30. The company issued revenue guidance of $380-390 million, compared to the consensus revenue estimate of $384.79 million.BroadSoft also updated its Q3 guidance to $0.23-0.40 EPS.
Where is BroadSoft's stock going? Where will BroadSoft's stock price be in 2017?
9 analysts have issued 1 year price targets for BroadSoft's shares. Their predictions range from $42.00 to $55.00. On average, they expect BroadSoft's stock price to reach $48.38 in the next twelve months. View Analyst Ratings for BroadSoft.
Who are some of BroadSoft's key competitors?
Some companies that are related to BroadSoft include Cree (CREE), AVX Corporation (AVX), Ringcentral (RNG), 2U (TWOU), Generac Holdlings (GNRC), HubSpot (HUBS), Wix.com (WIX), Zendesk (ZEN), United States Cellular Corporation (USM), Ciena Corporation (CIEN), Vishay Intertechnology (VSH), Tower Semiconductor (TSEM), Itron (ITRI), Science Applications International Corporation (SAIC), FireEye (FEYE), Yirendai (YRD), Twilio (TWLO) and Anixter International (AXE).
Who are BroadSoft's key executives?
BroadSoft's management team includes the folowing people:
- John D. Markley Jr., Independent Chairman of the Board
- Michael Tessler, President, Chief Executive Officer, Director
- James Albert Tholen, Chief Financial Officer
- Scott D. Hoffpauir, Chief Technology Officer
- Dennis D. Dourgarian, Chief Accounting Officer
- Taher G. Behbehani, Chief Marketing Officer
- Dino Di Palma, Chief Revenue Officer
- Jeffrey Kahn, Chief Transformation Officer
- David Bernardi, Independent Director
- Jane A. Dietze, Independent Director
Who owns BroadSoft stock?
BroadSoft's stock is owned by many different of institutional and retail investors. Top institutional shareholders include
P2 CAPITAL PARTNERS, LLC
(7.30%) and Eqis Capital Management Inc. (0.01%). 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. View Institutional Ownership Trends for BroadSoft.
Who bought BroadSoft stock? Who is buying BroadSoft stock?
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.
What is BroadSoft's stock price today?
MarketBeat Community Rating for BroadSoft (NASDAQ BSFT)MarketBeat's community ratings are surveys of what our community members think about BroadSoft and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of BroadSoft stock can currently be purchased for approximately $53.90.
Consensus Ratings for BroadSoft (NASDAQ:BSFT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 6 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$48.38 (10.25% downside)|Consensus Price Target History for BroadSoft (NASDAQ:BSFT)
Analysts' Ratings History for BroadSoft (NASDAQ:BSFT)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Robert W. Baird||Reiterated Rating||Hold||$45.00||N/A|
|10/5/2017||William Blair||Reiterated Rating||Outperform||N/A|
|10/4/2017||Northland Securities||Reiterated Rating||Hold||$42.00||High|
|9/28/2017||Jefferies Group LLC||Reiterated Rating||Buy||$55.00||Low|
|9/6/2017||Needham & Company LLC||Boost Price Target||Buy -> Buy||$48.00 -> $55.00||Low|
|7/28/2017||Cowen and Company||Reiterated Rating||Buy||$51.00||High|
|7/7/2017||Barclays PLC||Initiated Coverage||Equal Weight||$45.00||Low|
|6/19/2017||Wells Fargo & Company||Reiterated Rating||Outperform||$46.00 -> $50.00||Low|
|5/2/2017||Dougherty & Co||Lower Price Target||Buy -> Buy||$50.00 -> $44.00||Low|
|8/2/2016||Raymond James Financial, Inc.||Boost Price Target||Strong-Buy||$45.00 -> $51.00||N/A|
|4/14/2016||Deutsche Bank AG||Reiterated Rating||Hold||$33.00||N/A|
Earnings History for BroadSoft (NASDAQ:BSFT)Earnings History by Quarter for BroadSoft (NASDAQ BSFT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/7/2017||Q2 2017||($0.13)||$0.40||$86.63 million||$88.80 million||View||Listen|
|5/1/2017||Q1 2017||$0.16||$0.19||$80.42 million||$79.70 million||View||Listen|
|2/23/2017||Q416||$0.75||$0.91||$98.31 million||$102.00 million||View||Listen|
|10/31/2016||Q316||($0.03)||$0.52||$81.26 million||$84.10 million||View||Listen|
|8/1/2016||Q216||$0.36||$0.49||$78.99 million||$81.70 million||View||Listen|
|5/2/2016||Q116||$0.26||$0.37||$71.58 million||$73.10 million||View||Listen|
|2/29/2016||Q415||$0.67||$1.04||$81.61 million||$89.60 million||View||Listen|
|11/4/2015||Q315||$0.33||$0.05||$68.10 million||$69.10 million||View||Listen|
|8/3/2015||Q215||$0.31||($0.20)||$62.02 million||$64.50 million||View||Listen|
|5/4/2015||Q115||$0.17||$0.24||$54.26 million||$55.70 million||View||N/A|
|2/25/2015||Q414||$0.34||$0.44||$63.06 million||$65.80 million||View||N/A|
|11/5/2014||Q314||$0.26||$0.34||$50.90 million||$54.60 million||View||Listen|
|8/4/2014||Q214||($0.10)||$0.13||$49.45 million||$52.50 million||View||Listen|
|5/5/2014||Q114||$0.10||$0.07||$44.84 million||$43.90 million||View||Listen|
|2/28/2014||Q413||$0.41||$0.45||$50.01 million||$52.00 million||View||Listen|
|11/4/2013||Q313||$0.30||$0.29||$45.16 million||$42.90 million||View||N/A|
|8/5/2013||Q2 2013||$0.22||$0.32||$42.81 million||$44.00 million||View||N/A|
|5/6/2013||Q1 2013||$0.11||$0.18||$38.71 million||$39.60 million||View||N/A|
|2/27/2013||Q4 2012||$0.41||$0.47||$45.79 million||$45.80 million||View||N/A|
|11/5/2012||Q312||$0.32||$0.35||$41.49 million||$40.20 million||View||N/A|
Earnings Estimates for BroadSoft (NASDAQ:BSFT)
2017 EPS Consensus Estimate: $1.28
2018 EPS Consensus Estimate: $1.39
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for BroadSoft (NASDAQ:BSFT)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for BroadSoft (NASDAQ:BSFT)
Insider Ownership Percentage: 1.50%Insider Trades by Quarter for BroadSoft (NASDAQ:BSFT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/17/2017||Scott D Hoffpauir||Insider||Sell||4,448||$52.89||$235,254.72|| |
|9/18/2017||Scott D Hoffpauir||Insider||Sell||4,448||$51.50||$229,072.00|| |
|9/1/2017||Scott D Hoffpauir||Insider||Sell||8,896||$50.00||$444,800.00|| |
|8/30/2017||John D Jr. Markley||Director||Sell||3,000||$48.00||$144,000.00|| |
|8/30/2017||Scott D Hoffpauir||Insider||Sell||13,344||$48.00||$640,512.00|| |
|4/21/2017||Taher G Behbehani||Insider||Sell||1,716||$38.00||$65,208.00|| |
|3/6/2017||John D Jr. Markley||Director||Sell||1,000||$42.66||$42,660.00|| |
|2/22/2017||John D Jr. Markley||Director||Sell||2,000||$46.06||$92,120.00|| |
|2/22/2017||Michael Tessler||CEO||Sell||6,446||$45.00||$290,070.00|| |
|1/23/2017||Taher G Behbehani||Insider||Sell||4,188||$41.17||$172,419.96|| |
|10/21/2016||Taher G Behbehani||Insider||Sell||4,010||$45.16||$181,091.60|| |
|9/13/2016||Dennis Dourgarian||Insider||Sell||2,600||$45.40||$118,040.00|| |
|9/9/2016||Dennis Dourgarian||Insider||Sell||2,802||$45.65||$127,911.30|| |
|8/10/2016||Michael Tessler||CEO||Sell||7,149||$42.75||$305,619.75|| |
|7/21/2016||Taher G Behbehani||Insider||Sell||4,273||$45.89||$196,087.97|| |
|6/15/2016||Dennis Dourgarian||CAO||Sell||4,843||$42.53||$205,972.79|| |
|6/10/2016||Michael Tessler||CEO||Sell||7,863||$42.16||$331,504.08|| |
|6/2/2016||James Albert Tholen||CFO||Sell||24,566||$43.90||$1,078,447.40|| |
|5/6/2016||Taher G Behbehani||CMO||Sell||1,955||$39.14||$76,518.70|| |
|4/21/2016||Taher G Behbehani||CMO||Sell||2,382||$40.43||$96,304.26|| |
|4/18/2016||Michael Tessler||CEO||Sell||9,718||$40.21||$390,760.78|| |
|4/11/2016||John D Jr. Markley||Director||Sell||2,000||$40.79||$81,580.00|| |
|2/29/2016||Taher G Behbehani||CMO||Sell||1,339||$36.00||$48,204.00|| |
|1/21/2016||Taher G. Behbehani||CMO||Sell||893||$33.78||$30,165.54|| |
|11/24/2015||Michael Tessler||CEO||Sell||19,900||$40.00||$796,000.00|| |
|11/16/2015||Michael Tessler||CEO||Sell||6,502||$37.79||$245,710.58|| |
|6/8/2015||James Albert Tholen||CFO||Sell||45,137||$37.36||$1,686,318.32|| |
|5/14/2015||John D Jr. Markley||Director||Sell||4,000||$33.89||$135,560.00|| |
|4/14/2015||Scott D Hoffpauir||CTO||Sell||40,000||$36.00||$1,440,000.00|| |
|3/13/2014||Patrick Joggerst||VP||Sell||2,792||$27.77||$77,533.84|| |
|10/14/2013||Scott Hoffpauir||CTO||Sell||10,832||$36.00||$389,952.00|| |
|9/11/2013||Scott Hoffpauir||CTO||Sell||60,000||$36.00||$2,160,000.00|| |
|9/9/2013||Michael Tessler||CEO||Sell||7,812||$35.00||$273,420.00|| |
|9/4/2013||Michael Tessler||CEO||Sell||2,910||$33.09||$96,291.90|| |
|7/8/2013||Michael Tessler||CEO||Sell||6,151||$30.00||$184,530.00|| |
|6/17/2013||Michael Tessler||CEO||Sell||2,442||$30.00||$73,260.00|| |
|6/10/2013||Michael Tessler||CEO||Sell||2,500||$30.00||$75,000.00|| |
|5/13/2013||James Albert Tholen||CFO||Sell||3,000||$27.30||$81,900.00|| |
|3/6/2013||John D Jr. Markley||Director||Buy||10,000||$22.98||$229,800.00|| |
|11/12/2012||James Albert Tholen||CFO||Sell||3,000||$31.89||$95,670.00|| |
|11/12/2012||Scott D Hoffpauir||CTO||Sell||16,000||$32.16||$514,560.00|| |
|8/9/2012||James Albert Tholen||CFO||Sell||23,320||$38.46||$896,887.20|| |
Headline Trends for BroadSoft (NASDAQ:BSFT)
Latest Headlines for BroadSoft (NASDAQ:BSFT)
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BroadSoft (BSFT) Chart for Monday, October, 23, 2017