NASDAQ:CARB - Carbonite Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $24.53 -0.63 (-2.50 %) (As of 05/23/2019 01:37 PM ET)Previous Close$25.16Today's Range$24.43 - $24.8252-Week Range$21.83 - $43.63Volume17,822 shsAverage Volume742,669 shsMarket Capitalization$845.06 millionP/E Ratio19.56Dividend YieldN/ABeta0.7 ProfileAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. The company's solutions also comprise Carbonite Server, an all-in-one server protection solution for physical, virtual, and legacy systems that deploys in an organization's onsite environment and store copies on a local target and direct to the secure Carbonite cloud; Carbonite Availability that keeps critical business systems available on Windows and Linux servers; and Carbonite Recover, a solution that securely replicates critical systems from an organization's primary environment to the cloud. In addition, it offers Carbonite Migrate, which migrates physical, virtual, and cloud workloads over any distance with minimal risk and near-zero downtime; and Carbonite Email Archiving that provides MailStore offerings designed to meet the specific email archiving needs of customers in terms of performance, stability, functionality, and simplicity. The company provides its solutions through distributors, value-added resellers, managed service providers, and global systems integrators. Carbonite, Inc. was founded in 2005 and is headquartered in Boston, Massachusetts. 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. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Data processing & preparation Sub-IndustryInternet Software & Services SectorComputer and Technology Current SymbolNASDAQ:CARB Previous Symbol CUSIP14133710 CIK1340127 Webhttp://www.carbonite.com/ Phone617-587-1100Debt Debt-to-Equity Ratio2.65 Current Ratio0.88 Quick Ratio0.88Price-To-Earnings Trailing P/E Ratio19.56 Forward P/E Ratio17.27 P/E Growth0.91 Sales & Book Value Annual Sales$296.41 million Price / Sales2.85 Cash Flow$2.3678 per share Price / Cash Flow10.36 Book Value$7.64 per share Price / Book3.21Profitability EPS (Most Recent Fiscal Year)$1.25 Net Income$7.56 million Net Margins-0.76% Return on Equity21.93% Return on Assets6.26%Miscellaneous Employees959 Outstanding Shares34,450,000Market Cap$845.06 million Next Earnings Date8/1/2019 (Estimated) OptionableOptionable 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) announced its quarterly earnings data on Thursday, May, 2nd. The technology company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.18. The technology company had revenue of $81.20 million for the quarter, compared to analyst estimates of $77.36 million. Carbonite had a positive return on equity of 21.93% and a negative net margin of 0.76%. Carbonite's revenue for the quarter was up 26.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.27 EPS. View Carbonite's Earnings History. When is Carbonite's next earnings date? Carbonite is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Carbonite. What guidance has Carbonite issued on next quarter's earnings? Carbonite issued an update on its FY 2019 earnings guidance on Thursday, May, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $457-471 million, compared to the consensus revenue estimate of $494.58 million.Carbonite also updated its Q2 2019 guidance to EPS. What price target have analysts set for CARB? 11 equities research analysts have issued 12-month price targets for Carbonite's shares. Their predictions range from $25.00 to $50.00. On average, they expect Carbonite's share price to reach $38.50 in the next twelve months. This suggests a possible upside of 57.4% 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 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carbonite. Has Carbonite been receiving favorable news coverage? Headlines about CARB stock have trended somewhat positive this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Carbonite earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. Who are some of Carbonite's key competitors? Some companies that are related to Carbonite include Corelogic (CLGX), Globant (GLOB), Five9 (FIVN), Inovalon (INOV), Yext (YEXT), Evertec (EVTC), SciPlay (SCPL), MINDBODY (MB), Upwork (UPWK), So-Young International (SY), CSG Systems International (CSGS), Cars.com (CARS), Trivago (TRVG), Shutterstock (SSTK) and Computer Services (CSVI). What other stocks do shareholders of Carbonite own? Based on aggregate information from My MarketBeat watchlists, some companies that other Carbonite investors own include NVIDIA (NVDA), Adobe (ADBE), Micron Technology (MU), Alibaba Group (BABA), Paypal (PYPL), Netflix (NFLX), Intelsat (I), Square (SQ), Visa (V) and CVS Health (CVS). 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 retail and institutional investors. Top institutional shareholders include ArrowMark Colorado Holdings LLC (14.25%), BlackRock Inc. (6.55%), ETF Managers Group LLC (6.36%), Dimensional Fund Advisors LP (3.47%), Pembroke Management LTD (3.47%) and Wellington Management Group LLP (3.03%). 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 institutional investors are selling Carbonite stock? CARB stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Fort Washington Investment Advisors Inc. OH, AlphaOne Investment Services LLC, First Trust Advisors LP, BlackRock Inc., Argent Capital Management LLC, Assenagon Asset Management S.A. and Pembroke Management LTD. Company insiders that have sold Carbonite company stock in the last year include Anthony Folger, Cassandra Hudson, Danielle Sheer, David Friend, Deepak Mohan, Mohamad Ali, Norman Guadagno, Paul S Mellinger and Todd Krasnow. View Insider Buying and Selling for Carbonite. Which institutional investors are buying Carbonite stock? CARB stock was bought by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Marshall Wace LLP, PenderFund Capital Management Ltd., RK Capital Management LLC, Maverick Capital Ltd., ETF Managers Group LLC, Cooper Creek Partners Management LLC and Wellington Management Group LLP. 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, Scottrade, Fidelity and Charles Schwab. What is Carbonite's stock price today? One share of CARB stock can currently be purchased for approximately $24.46. How big of a company is Carbonite? Carbonite has a market capitalization of $842.65 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. 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: 2.9 out of 5 ( )Outperform Votes: 375 (Vote Outperform)Underperform Votes: 270 (Vote Underperform)Total Votes: 645MarketBeat'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 5/23/2019 by MarketBeat.com StaffFeatured Article: What is the Rule of 72? Receive Analysts' Upgrades and Downgrades Daily 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.