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NASDAQ:CARB - Carbonite Stock Price, Forecast & News

$22.98
0.00 (0.00 %)
(As of 01/10/2020)
Today's Range
$22.98
Now: $22.98
$22.98
50-Day Range
$22.93
MA: $22.97
$22.99
52-Week Range
$11.86
Now: $22.98
$29.77
Volume400 shs
Average Volume798,577 shs
Market Capitalization$804.53 million
P/E Ratio18.38
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$804.53 million
Next Earnings Date2/6/2020 (Estimated)
OptionableOptionable

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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 quarterly earnings data on Tuesday, November, 12th. The technology company reported $0.60 EPS for the quarter, topping the Thomson Reuters' 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 positive return on equity of 22.46% and a negative net margin of 5.55%. The company's quarterly revenue was up 61.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $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 1 year target prices for Carbonite's shares. Their forecasts range from $16.00 to $33.00. On average, they anticipate Carbonite's stock price to reach $23.50 in the next year. This suggests a possible upside of 2.3% 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?

Media coverage about CARB stock has trended extremely negative on Sunday, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Carbonite earned a daily sentiment score of -4.5 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Carbonite.

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 Intelsat (I), Adobe (ADBE), Micron Technology (MU), Bank of America (BAC), Netflix (NFLX), NVIDIA (NVDA), Paypal (PYPL), Alibaba Group (BABA), New Mountain Finance (NMFC) and Visa (V).

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)

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 $22.98.

How big of a company is Carbonite?

Carbonite has a market capitalization of $804.53 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:  433 (Vote Outperform)
Underperform Votes:  337 (Vote Underperform)
Total Votes:  770
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 1/26/2020 by MarketBeat.com Staff

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