NASDAQ:CMBMCambium Networks Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cambium Networks Corporation Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.52 -0.39 (-4.93 %) (As of 07/7/2020 04:00 PM ET) Add Compare Share Today's Range$7.40Now: $7.52▼$8.0350-Day Range$4.00MA: $5.79▼$7.6552-Week Range$3.57Now: $7.52▼$11.75Volume97,705 shsAverage Volume40,977 shsMarket Capitalization$193.14 millionP/E RatioN/ADividend YieldN/ABetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media Cambium Networks Corporation, through its subsidiaries, provides wireless broadband networking infrastructure products and solutions for network operators. Its wireless fabric includes intelligent radios, smart antennas, RF algorithms, wireless-aware switches, and network management software. The company offers point-to-point solutions that are connected to high-speed, high-bandwidth wireline networks; and wireless broadband backhaul to facilities or point-to-multipoint access points deployed throughout a network over distances of approximately 100 kilometers and at two gigabytes per second. Its cnPilot Wi-Fi solution provides distributed access to individual users in indoor settings, such as office complexes, and outdoor settings, such as athletic stadiums; cnReach solutions offer narrow-band connectivity for sensors and devices; embedded proprietary RF technology and software enables automated optimization of data flow at the outermost points in the network; and cnMatrix cloud-managed wireless-aware switching solution provides the interface between wireless and wired networks. The company serves medium-sized wireless Internet service providers, enterprises, and government agencies in North America, Europe, the Middle East, Africa, Central and Latin America, and the Asia-Pacific. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. Cambium Networks Corporation was founded in 2011 and is headquartered in Rolling Meadows, Illinois.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingCambium Networks has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.36, Cambium Networks has a potential upside of 51.0% from its current price of $7.52.Amount of Analyst CoverageCambium Networks has only been the subject of 2 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesCambium Networks has received 47 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCambium Networks has received 55 “underperform” votes. (Add your “underperform” vote.)Community SentimentCambium Networks has received 53.92% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Cambium Networks and other stocks. Vote “Outperform” if you believe CMBM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CMBM will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldCambium Networks does not currently pay a dividend.Dividend GrowthCambium Networks does not have a long track record of dividend growth. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cambium Networks insiders have bought 5.78% more of their company's stock than they have sold. Specifically, they have bought $22,920.00 in company stock and sold $21,668.00 in company stock.Percentage Held by Insiders78.70% of the stock of Cambium Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions88.64% of the stock of Cambium Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Cambium Networks are expected to grow in the coming year, from ($0.02) to $0.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cambium Networks is -5.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cambium Networks is -5.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCambium Networks has a P/B Ratio of 4.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.86 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Radio & t.v. communications equipment Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:CMBM Previous Symbol CUSIPN/A CIKN/A Webwww.cambiumnetworks.com Phone34-59-433-10Debt Debt-to-Equity Ratio1.68 Current Ratio2.13 Quick Ratio1.59Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$267.03 million Price / Sales0.72 Cash Flow$0.16 per share Price / Cash Flow45.96 Book Value$1.56 per share Price / Book4.82Profitability EPS (Most Recent Fiscal Year)($0.31) Net Income$-17,600,000.00 Net Margins-7.83% Return on Equity-14.58% Return on Assets-3.13%Miscellaneous Employees516 Outstanding Shares25,684,000Market Cap$193.14 million Next Earnings Date8/13/2020 (Estimated) OptionableNot Optionable NASDAQ:CMBM Rates by TradingView Receive CMBM News and Ratings via Email Sign-up to receive the latest news and ratings for CMBM and its competitors with MarketBeat's FREE daily newsletter. Cambium Networks (NASDAQ:CMBM) Frequently Asked Questions How has Cambium Networks' stock been impacted by COVID-19 (Coronavirus)? Cambium Networks' stock was trading at $4.66 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CMBM stock has increased by 61.4% and is now trading at $7.52. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Cambium Networks? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cambium Networks in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cambium Networks. When is Cambium Networks' next earnings date? Cambium Networks is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Cambium Networks. How were Cambium Networks' earnings last quarter? Cambium Networks Corporation (NASDAQ:CMBM) issued its quarterly earnings results on Tuesday, May, 12th. The company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.07. The company had revenue of $60.43 million for the quarter, compared to the consensus estimate of $55.67 million. Cambium Networks had a negative net margin of 7.83% and a negative return on equity of 14.58%. View Cambium Networks' earnings history. What guidance has Cambium Networks issued on next quarter's earnings? Cambium Networks issued an update on its second quarter 2020 After-Hours earnings guidance on Tuesday, May, 12th. The company provided earnings per share guidance of 0.00-0.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.05. The company issued revenue guidance of $51-56 million, compared to the consensus revenue estimate of $58.03 million. What price target have analysts set for CMBM? 7 equities research analysts have issued 12 month price objectives for Cambium Networks' shares. Their forecasts range from $9.00 to $15.00. On average, they anticipate Cambium Networks' share price to reach $11.36 in the next twelve months. This suggests a possible upside of 51.0% from the stock's current price. View analysts' price targets for Cambium Networks. Has Cambium Networks been receiving favorable news coverage? Media coverage about CMBM stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cambium Networks earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Cambium Networks. Are investors shorting Cambium Networks? Cambium Networks saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 45,900 shares, an increase of 37.4% from the June 15th total of 33,400 shares. Based on an average daily trading volume, of 38,000 shares, the short-interest ratio is presently 1.2 days. Currently, 0.8% of the shares of the stock are short sold. View Cambium Networks' Current Options Chain. Who are some of Cambium Networks' key competitors? Some companies that are related to Cambium Networks include Harmonic (HLIT), Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Casa Systems (CASA), Gilat Satellite Networks (GILT), Sierra Wireless (SWIR), CalAmp (CAMP), Ceragon Networks (CRNT), KVH Industries (KVHI), PC Tel (PCTI), Energous (WATT), Airgain (AIRG), SGOCO Group (SGOC), Aviat Networks (AVNW) and Vuzix (VUZI). View all competitors. What other stocks do shareholders of Cambium Networks own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cambium Networks investors own include British American Tobacco (BTI), Carnival (CCL), Energy Transfer LP Unit (ET), Occidental Petroleum (OXY), Ring Energy (REI), Ring Energy (REI), BCE (BCE), Bank of Nova Scotia (BNS), Cinemark (CNK) and Canadian Natural Resources (CNQ). Who are Cambium Networks' key executives? Cambium Networks' management team includes the following people: Mr. Atul Bhatnagar, Pres, CEO & Director (Age 61)Mr. Stephen Cumming, Chief Financial Officer (Age 49)Mr. Raymond de Graaf, Sr. VP of Operations (Age 52)Ian Rogers, Controller & Principal Accounting OfficerMs. Sally J. Rau, Gen. Counsel (Age 60) When did Cambium Networks IPO? (CMBM) raised $81 million in an IPO on Wednesday, June 26th 2019. The company issued 5,800,000 shares at $13.00-$15.00 per share. J.P. Morgan and Goldman Sachs served as the underwriters for the IPO and Deutsche Bank Securities, Raymond James, JMP Securities and Oppenheimer were co-managers. What is Cambium Networks' stock symbol? Cambium Networks trades on the NASDAQ under the ticker symbol "CMBM." How do I buy shares of Cambium Networks? Shares of CMBM 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 Cambium Networks' stock price today? One share of CMBM stock can currently be purchased for approximately $7.52. How big of a company is Cambium Networks? Cambium Networks has a market capitalization of $193.14 million and generates $267.03 million in revenue each year. The company earns $-17,600,000.00 in net income (profit) each year or ($0.31) on an earnings per share basis. Cambium Networks employs 516 workers across the globe. What is Cambium Networks' official website? The official website for Cambium Networks is www.cambiumnetworks.com. How can I contact Cambium Networks? Cambium Networks' mailing address is 3800 GOLF ROAD SUITE 360, ROLLING MEADOWS IL, 60008. The company can be reached via phone at 34-59-433-10 or via email at [email protected] This page was last updated on 7/7/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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