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
Phone617-587-1100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$296.41 million
Profitability
Miscellaneous
Employees959
Next Earnings DateN/A
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 results on Tuesday, November, 12th. The technology company reported $0.60 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.25. The technology company earned $125.80 million during the quarter, compared to analyst estimates of $125.76 million. Carbonite had a positive return on equity of 22.46% and a negative net margin of 5.55%. The firm's revenue was up 61.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.48 EPS. View Carbonite's Earnings History.
What price target have analysts set for CARB?
10 analysts have issued 1-year target prices for Carbonite's shares. Their forecasts range from $16.00 to $29.00. On average, they anticipate Carbonite's share price to reach $22.44 in the next year. This suggests that the stock has a possible downside of 2.3%. View Analyst Price Targets for Carbonite.
What is the consensus analysts' recommendation for Carbonite?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carbonite in the last year. There are currently 1 sell rating, 8 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?
News articles about CARB stock have been trending positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carbonite earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Carbonite.
Who are some of Carbonite's key competitors?
Some companies that are related to Carbonite include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), CoStar Group (CSGP), Verisign (VRSN), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), Envestnet (ENV), LogMeIn (LOGM), ANGI Homeservices (ANGI), Cornerstone OnDemand (CSOD), Cimpress (CMPR) and Yelp (YELP).
What other stocks do shareholders of Carbonite own?
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?
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)
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.
