S&P 500   3,168.57 (+0.86%)
DOW   28,132.05 (+0.79%)
QQQ   206.51 (+0.75%)
AAPL   271.46 (+0.25%)
FB   196.75 (-2.72%)
MSFT   153.24 (+1.02%)
GOOGL   1,348.49 (+0.32%)
AMZN   1,760.33 (+0.66%)
CGC   21.13 (+4.35%)
NVDA   224.32 (+3.21%)
MU   50.97 (+3.47%)
BABA   204.50 (-0.07%)
GE   11.44 (+4.28%)
TSLA   359.68 (+1.98%)
T   38.35 (+0.47%)
AMD   42.59 (+7.90%)
ACB   2.60 (+6.12%)
F   9.32 (+2.31%)
PRI   136.50 (+0.78%)
NFLX   298.50 (-0.14%)
BAC   34.68 (+3.09%)
GILD   67.63 (-0.22%)
DIS   147.76 (+0.12%)
S&P 500   3,168.57 (+0.86%)
DOW   28,132.05 (+0.79%)
QQQ   206.51 (+0.75%)
AAPL   271.46 (+0.25%)
FB   196.75 (-2.72%)
MSFT   153.24 (+1.02%)
GOOGL   1,348.49 (+0.32%)
AMZN   1,760.33 (+0.66%)
CGC   21.13 (+4.35%)
NVDA   224.32 (+3.21%)
MU   50.97 (+3.47%)
BABA   204.50 (-0.07%)
GE   11.44 (+4.28%)
TSLA   359.68 (+1.98%)
T   38.35 (+0.47%)
AMD   42.59 (+7.90%)
ACB   2.60 (+6.12%)
F   9.32 (+2.31%)
PRI   136.50 (+0.78%)
NFLX   298.50 (-0.14%)
BAC   34.68 (+3.09%)
GILD   67.63 (-0.22%)
DIS   147.76 (+0.12%)
S&P 500   3,168.57 (+0.86%)
DOW   28,132.05 (+0.79%)
QQQ   206.51 (+0.75%)
AAPL   271.46 (+0.25%)
FB   196.75 (-2.72%)
MSFT   153.24 (+1.02%)
GOOGL   1,348.49 (+0.32%)
AMZN   1,760.33 (+0.66%)
CGC   21.13 (+4.35%)
NVDA   224.32 (+3.21%)
MU   50.97 (+3.47%)
BABA   204.50 (-0.07%)
GE   11.44 (+4.28%)
TSLA   359.68 (+1.98%)
T   38.35 (+0.47%)
AMD   42.59 (+7.90%)
ACB   2.60 (+6.12%)
F   9.32 (+2.31%)
PRI   136.50 (+0.78%)
NFLX   298.50 (-0.14%)
BAC   34.68 (+3.09%)
GILD   67.63 (-0.22%)
DIS   147.76 (+0.12%)
S&P 500   3,168.57 (+0.86%)
DOW   28,132.05 (+0.79%)
QQQ   206.51 (+0.75%)
AAPL   271.46 (+0.25%)
FB   196.75 (-2.72%)
MSFT   153.24 (+1.02%)
GOOGL   1,348.49 (+0.32%)
AMZN   1,760.33 (+0.66%)
CGC   21.13 (+4.35%)
NVDA   224.32 (+3.21%)
MU   50.97 (+3.47%)
BABA   204.50 (-0.07%)
GE   11.44 (+4.28%)
TSLA   359.68 (+1.98%)
T   38.35 (+0.47%)
AMD   42.59 (+7.90%)
ACB   2.60 (+6.12%)
F   9.32 (+2.31%)
PRI   136.50 (+0.78%)
NFLX   298.50 (-0.14%)
BAC   34.68 (+3.09%)
GILD   67.63 (-0.22%)
DIS   147.76 (+0.12%)
Log in

NASDAQ:CARB - Carbonite Stock Price, Forecast & News

$22.94
-0.01 (-0.04 %)
(As of 12/12/2019 04:00 PM ET)
Today's Range
$22.94
Now: $22.94
$22.96
50-Day Range
$15.78
MA: $20.83
$23.06
52-Week Range
$11.86
Now: $22.94
$29.77
Volume874,900 shs
Average Volume763,988 shs
Market Capitalization$803.04 million
P/E Ratio18.35
Dividend YieldN/A
Beta0.85
Carbonite, Inc, together with its subsidiaries, provides backup, disaster recovery, high availability, and workload migration technology solutions in the United States. Its solutions include Carbonite Safe, a cloud backup solution for individuals and businesses that protects customer data from accidental deletions, crashes, ransomware, viruses, and other common threats; and Carbonite Endpoint that protects the data, which resides on an organization's computers, laptops, tablets, and smartphones. Read More…

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:CARB
CUSIP14133710
Phone617-587-1100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$296.41 million
Cash Flow$2.49 per share
Book Value$7.44 per share

Profitability

Net Income$7.56 million

Miscellaneous

Employees959
Market Cap$803.04 million
Next Earnings Date2/6/2020 (Estimated)
OptionableOptionable

Receive CARB News and Ratings via Email

Sign-up to receive the latest news and ratings for CARB and its competitors with MarketBeat's FREE daily newsletter.


Carbonite (NASDAQ:CARB) Frequently Asked Questions

What is Carbonite's stock symbol?

Carbonite trades on the NASDAQ under the ticker symbol "CARB."

How were Carbonite's earnings last quarter?

Carbonite Inc (NASDAQ:CARB) released its earnings results on Tuesday, November, 12th. The technology company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.25. The technology company had revenue of $125.80 million for the quarter, compared to the consensus estimate of $125.76 million. Carbonite had a negative net margin of 5.55% and a positive return on equity of 22.46%. The firm's quarterly revenue was up 61.9% compared to the same quarter last year. During the same period last year, the firm posted $0.48 earnings per share. View Carbonite's Earnings History.

When is Carbonite's next earnings date?

Carbonite is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Carbonite.

What price target have analysts set for CARB?

11 Wall Street analysts have issued 12-month price targets for Carbonite's stock. Their forecasts range from $16.00 to $33.00. On average, they anticipate Carbonite's share price to reach $23.50 in the next year. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Carbonite.

What is the consensus analysts' recommendation for Carbonite?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carbonite in the last year. There are currently 1 sell rating, 9 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Carbonite.

What are Wall Street analysts saying about Carbonite stock?

Here are some recent quotes from research analysts about Carbonite stock:
  • 1. Northland Securities analysts commented, "We note that Steve Mumford, board member and Interim CEO is taking an active role while the search for a new CEO continues." (9/5/2019)
  • 2. According to Zacks Investment Research, "Carbonite Inc. is a computer service company which provides online backup solutions for consumers and small and medium sized businesses to retrieve files if lost on the internet. The Company's backup solutions work automatically and continuously uploading encrypted copies of its customer's files to the servers known as Carbonite Personal Cloud. Carbonite Inc. is headquartered in Boston, Massachusetts. " (7/25/2019)

Has Carbonite been receiving favorable news coverage?

Headlines about CARB stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carbonite earned a news sentiment score of -5.0 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Carbonite.

Are investors shorting Carbonite?

Carbonite saw a increase in short interest in November. As of November 29th, there was short interest totalling 3,000,000 shares, an increase of 14.9% from the November 14th total of 2,610,000 shares. Based on an average daily trading volume, of 1,120,000 shares, the short-interest ratio is presently 2.7 days. Currently, 9.4% of the company's shares are sold short. View Carbonite's Current Options Chain.

Who are some of Carbonite's key competitors?

What other stocks do shareholders of Carbonite own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carbonite investors own include Adobe (ADBE), Intelsat (I), Micron Technology (MU), NVIDIA (NVDA), Visa (V), Paypal (PYPL), Alibaba Group (BABA), Walt Disney (DIS), AT&T (T) and Netflix (NFLX).

Who are Carbonite's key executives?

Carbonite's management team includes the folowing people:
  • Mr. Mohamad S. Ali, Pres, CEO & Director (Age 49)
  • Mr. David Friend III, Co-Founder & Director (Age 71)
  • Mr. Anthony Folger, CFO & Treasurer (Age 47)
  • Ms. Danielle Sheer, Gen. Counsel & Corp. Sec. (Age 38)
  • Mr. Paul S. Mellinger, Sr. VP of Global Sales (Age 57)

Who are Carbonite's major shareholders?

Carbonite's stock is owned by many different of institutional and retail investors. Top institutional investors include Granahan Investment Management Inc. MA (3.34%), State Street Corp (1.95%), Dudley & Shanley Inc. (1.85%), Summit Creek Advisors LLC (1.75%), Smith Graham & Co. Investment Advisors LP (1.64%) and Maverick Capital Ltd. (1.20%). Company insiders that own Carbonite stock include Anthony Folger, Cassandra Hudson, Danielle Sheer, David Friend, Deepak Mohan, Marina Levinson, Mohamad Ali, Norman Guadagno, Paul S Mellinger, Scott Andrew Daniels and Todd Krasnow. View Institutional Ownership Trends for Carbonite.

Which major investors are selling Carbonite stock?

CARB stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Granahan Investment Management Inc. MA, AMI Asset Management Corp, Rice Hall James & Associates LLC, Anchor Capital Advisors LLC, Scout Investments Inc., Teton Advisors Inc. and State Street Corp. Company insiders that have sold Carbonite company stock in the last year include Anthony Folger, Cassandra Hudson, Danielle Sheer, Mohamad Ali, Norman Guadagno and Paul S Mellinger. View Insider Buying and Selling for Carbonite.

Which major investors are buying Carbonite stock?

CARB stock was purchased by a variety of institutional investors in the last quarter, including Engine Capital Management LP, Smith Graham & Co. Investment Advisors LP, Congress Asset Management Co. MA, Maverick Capital Ltd., J.P. Marvel Investment Advisors LLC, Dudley & Shanley Inc., State of New Jersey Common Pension Fund D and Connors Investor Services Inc.. View Insider Buying and Selling for Carbonite.

How do I buy shares of Carbonite?

Shares of CARB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Carbonite's stock price today?

One share of CARB stock can currently be purchased for approximately $22.94.

How big of a company is Carbonite?

Carbonite has a market capitalization of $803.04 million and generates $296.41 million in revenue each year. The technology company earns $7.56 million in net income (profit) each year or $1.25 on an earnings per share basis. Carbonite employs 959 workers across the globe.View Additional Information About Carbonite.

What is Carbonite's official website?

The official website for Carbonite is http://www.carbonite.com/.

How can I contact Carbonite?

Carbonite's mailing address is TWO AVENUE DE LAFAYETTE, BOSTON MA, 02111. The technology company can be reached via phone at 617-587-1100 or via email at [email protected]


MarketBeat Community Rating for Carbonite (NASDAQ CARB)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  425 (Vote Outperform)
Underperform Votes:  330 (Vote Underperform)
Total Votes:  755
MarketBeat's community ratings are surveys of what our community members think about Carbonite and other stocks. Vote "Outperform" if you believe CARB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CARB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/12/2019 by MarketBeat.com Staff

Featured Article: Do Tariffs Work?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel