NASDAQ:CARB - Carbonite Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $23.85 -0.72 (-2.93 %) (As of 02/18/2019 01:13 AM ET)Previous Close$23.85Today's Range$23.73 - $24.6552-Week Range$22.35 - $43.63Volume599,086 shsAverage Volume486,465 shsMarket Capitalization$824.21 millionP/E Ratio19.08Dividend YieldN/ABeta0.78 ProfileDiscussionAnalyst 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 that offers annual and multi-year cloud backup plans for individuals or businesses; and Carbonite Endpoint Protection that protects the data, which resides on an organization's computers, laptops, tablets, and smartphones. The company's solutions also comprise Carbonite Hybrid Backup, which protects a customer's data footprint on-premise and in the cloud and enables recovery while version history stored in the cloud safeguards against disaster; Carbonite Cloud Backup that automatically backs up data to the cloud and keeps physical and virtual systems protected with point-in-time restore; and Carbonite Onsite Backup, a flexible data protection solution, which backs up and replicates data securely across a customer's own private network. In addition, it offers Carbonite Availability that keeps critical business systems available on Windows and Linux servers; Carbonite Recover, a disaster recovery-as-a-service solution that securely replicates critical systems from a customer's primary environment to the cloud; Carbonite Migrate, which migrates physical, virtual, and cloud workloads to and from any environment 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 Webwww.carbonite.com Phone617-587-1100Debt Debt-to-Equity RatioN/A Current Ratio0.91 Quick Ratio0.91Price-To-Earnings Trailing P/E Ratio19.08 Forward P/E Ratio18.78 P/E Growth0.97 Sales & Book Value Annual Sales$296.41 million Price / Sales2.78 Cash Flow$1.2566 per share Price / Cash Flow18.98 Book Value$1.37 per share Price / Book17.41Profitability EPS (Most Recent Fiscal Year)$1.25 Net Income$7.56 million Net Margins2.54% Return on Equity29.57% Return on Assets8.15%Miscellaneous Employees967 Outstanding Shares34,558,000Market Cap$824.21 million OptionableOptionable Carbonite (NASDAQ:CARB) Frequently Asked Questions What is Carbonite's stock symbol? Carbonite trades on the NASDAQ under the ticker symbol "CARB." How will Carbonite's stock buyback program work? Carbonite declared that its Board of Directors has initiated a share buyback plan on Saturday, April 8th 2017, which authorizes the company to buyback $20,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 3.6% of its stock through a private placement purchase. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued. How were Carbonite's earnings last quarter? Carbonite Inc (NASDAQ:CARB) posted its earnings results on Thursday, February, 7th. The technology company reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.29 by $0.16. The technology company earned $77 million during the quarter, compared to the consensus estimate of $79.53 million. Carbonite had a return on equity of 29.57% and a net margin of 2.54%. Carbonite's revenue for the quarter was up 24.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.30 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 Monday, May 6th 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, February, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $468-482 million, compared to the consensus revenue estimate of $334.58 million.Carbonite also updated its Q1 2019 guidance to EPS. What price target have analysts set for CARB? 11 analysts have issued 1-year price targets for Carbonite's stock. Their predictions range from $25.00 to $50.00. On average, they expect Carbonite's stock price to reach $37.50 in the next twelve months. This suggests a possible upside of 57.2% 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? News stories about CARB stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carbonite earned a news impact score of 1.4 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. Who are some of Carbonite's key competitors? Some companies that are related to Carbonite include Corelogic (CLGX), Five9 (FIVN), PagSeguro Digital (PAGS), Globant (GLOB), Upwork (UPWK), Inovalon (INOV), Evertec (EVTC), Trivago (TRVG), Yext (YEXT), Cars.com (CARS), MINDBODY (MB), Shutterstock (SSTK), CSG Systems International (CSGS), Bitauto (BITA) and Liberty Tripadvisor Holdings Inc Series A (LTRPA). 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 investors include BlackRock Inc. (6.68%), ETF Managers Group LLC (5.62%), Portolan Capital Management LLC (5.26%), Pembroke Management LTD (3.49%), Dimensional Fund Advisors LP (3.42%) and Fort Washington Investment Advisors Inc. OH (1.95%). 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 Two Sigma Investments LP, Royce & Associates LP, New York State Common Retirement Fund, Bank of New York Mellon Corp, Raymond James Financial Services Advisors Inc., Two Sigma Advisers LP, Crown Advisors Management Inc. and Summit Creek Advisors LLC. Company insiders that have sold Carbonite company stock in the last year include Anthony Folger, Cassandra Hudson, Danielle Sheer, David Friend, Deepak Mohan, Marina Levinson, Mohamad Ali, Norman Guadagno, Paul S Mellinger and Todd Krasnow. 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 ETF Managers Group LLC, Portolan Capital Management LLC, Fort Washington Investment Advisors Inc. OH, Pembroke Management LTD, Millennium Management LLC, PNC Financial Services Group Inc., Elk Creek Partners LLC and First Trust Advisors LP. 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 $23.85. How big of a company is Carbonite? Carbonite has a market capitalization of $824.21 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 967 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: 358 (Vote Outperform)Underperform Votes: 253 (Vote Underperform)Total Votes: 611MarketBeat'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 2/18/2019 by MarketBeat.com StaffFeatured Article: What is the S&P 500 Index?