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DOW   27,757.65 (-0.09%)
QQQ   201.11 (-0.24%)
CGC   15.68 (-15.24%)
BABA   181.80 (-0.38%)
T   38.76 (-1.02%)
S&P 500   3,092.62 (-0.05%)
DOW   27,757.65 (-0.09%)
QQQ   201.11 (-0.24%)
CGC   15.68 (-15.24%)
BABA   181.80 (-0.38%)
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Ribbon Communications Stock Price, Forecast & Analysis (NASDAQ:RBBN)

$2.97
-1.08 (-26.67 %)
(As of 11/14/2019 01:38 PM ET)
Today's Range
$2.95
Now: $2.97
$4.02
50-Day Range
$4.05
MA: $5.22
$5.85
52-Week Range
$4.03
Now: $2.97
$6.56
Volume86,190 shs
Average Volume366,414 shs
Market Capitalization$328.81 million
P/E Ratio6.19
Dividend YieldN/A
Beta1.37
Ribbon Communications Inc provides networked solutions in the United States, Europe, the Middle East, Africa, Japan, other Asia Pacific, and internationally. The company offers service provider solutions, such as fixed network transformation, mobile network evolution, secure network interconnects, network functions virtualization, cloud communications, and communications security solutions that enables secure and innovative business and consumer communications services. Read More…

Industry, Sector and Symbol

Industry Computer integrated systems design
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:RBBN
CUSIP83591610
Phone978-614-8100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$577.91 million
Cash Flow$0.76 per share
Book Value$5.70 per share

Profitability

Net Income$-76,810,000.00

Miscellaneous

Employees2,245
Market Cap$328.81 million
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable

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Ribbon Communications (NASDAQ:RBBN) Frequently Asked Questions

What is Ribbon Communications' stock symbol?

Ribbon Communications trades on the NASDAQ under the ticker symbol "RBBN."

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc (NASDAQ:RBBN) issued its quarterly earnings data on Wednesday, October, 30th. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by $0.08. The communications equipment provider earned $137.65 million during the quarter, compared to analysts' expectations of $156.66 million. Ribbon Communications had a return on equity of 5.02% and a net margin of 3.25%. The firm's quarterly revenue was down 9.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.18 EPS. View Ribbon Communications' Earnings History.

When is Ribbon Communications' next earnings date?

Ribbon Communications is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Ribbon Communications.

What price target have analysts set for RBBN?

1 brokers have issued 1-year price targets for Ribbon Communications' stock. Their forecasts range from $6.00 to $6.00. On average, they expect Ribbon Communications' share price to reach $6.00 in the next year. This suggests a possible upside of 96.7% from the stock's current price. View Analyst Price Targets for Ribbon Communications.

What is the consensus analysts' recommendation for Ribbon Communications?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ribbon Communications.

What are Wall Street analysts saying about Ribbon Communications stock?

Here are some recent quotes from research analysts about Ribbon Communications stock:
  • 1. According to Zacks Investment Research, "Ribbon Communications Inc. develops communication software. It provides session border controllers, diameter signals, policy and routing servers, media and signaling gateways, cloud and mobility solutions. Ribbon Communications Inc., formerly known as Sonus Networks Inc., is headquartered in Westford, Massachusetts. " (11/6/2019)
  • 2. Northland Securities analysts commented, "We believe they also continue to have the same revenue outlook for FY19." (6/12/2019)

Has Ribbon Communications been receiving favorable news coverage?

News headlines about RBBN stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ribbon Communications earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave press coverage about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Ribbon Communications.

Are investors shorting Ribbon Communications?

Ribbon Communications saw a decline in short interest in October. As of October 31st, there was short interest totalling 538,000 shares, a decline of 11.6% from the September 30th total of 608,700 shares. Based on an average daily trading volume, of 264,200 shares, the short-interest ratio is presently 2.0 days. Approximately 0.5% of the company's stock are short sold. View Ribbon Communications' Current Options Chain.

Who are some of Ribbon Communications' key competitors?

What other stocks do shareholders of Ribbon Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ribbon Communications investors own include Bank of Hawaii (BOH), InterDigital Wireless (IDCC), Stag Industrial (STAG), RADCOM (RDCM), Amyris (AMRS), Cisco Systems (CSCO), TherapeuticsMD (TXMD), General Electric (GE), Evoke Pharma (EVOK) and Starbucks (SBUX).

Who are Ribbon Communications' key executives?

Ribbon Communications' management team includes the folowing people:
  • Mr. Franklin Warren Hobbs IV, CEO, Pres & Director (Age 72)
  • Mr. Daryl E. Raiford, Exec. VP & CFO (Age 56)
  • Mr. Kevin W. Riley, Chief Technology Officer (Age 48)
  • Mr. Eric S. Marmurek, Sr. VP & Chief Accounting Officer (Age 54)
  • Ms. Sara Leggat, Head of Investor Relations

Who are Ribbon Communications' major shareholders?

Ribbon Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Rice Hall James & Associates LLC (0.29%), First Trust Advisors LP (0.19%), Assenagon Asset Management S.A. (0.19%), Virginia Retirement Systems ET AL (0.09%), California Public Employees Retirement System (0.09%) and Rhumbline Advisers (0.08%). Company insiders that own Ribbon Communications stock include Anthony Scarfo, Bruns H Grayson, Franklin W Iv Hobbs, Justin K Ferguson, Kent Mathy and Michael R Swade. View Institutional Ownership Trends for Ribbon Communications.

Which institutional investors are selling Ribbon Communications stock?

RBBN stock was sold by a variety of institutional investors in the last quarter, including Virginia Retirement Systems ET AL, First Trust Advisors LP, Rice Hall James & Associates LLC and SG Americas Securities LLC. Company insiders that have sold Ribbon Communications company stock in the last year include Anthony Scarfo and Justin K Ferguson. View Insider Buying and Selling for Ribbon Communications.

Which institutional investors are buying Ribbon Communications stock?

RBBN stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Bailard Inc., California Public Employees Retirement System, Campbell & CO Investment Adviser LLC, Rhumbline Advisers and Russell Investments Group Ltd.. Company insiders that have bought Ribbon Communications stock in the last two years include Bruns H Grayson, Franklin W Iv Hobbs and Kent Mathy. View Insider Buying and Selling for Ribbon Communications.

How do I buy shares of Ribbon Communications?

Shares of RBBN 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 Ribbon Communications' stock price today?

One share of RBBN stock can currently be purchased for approximately $3.05.

How big of a company is Ribbon Communications?

Ribbon Communications has a market capitalization of $337.67 million and generates $577.91 million in revenue each year. The communications equipment provider earns $-76,810,000.00 in net income (profit) each year or $0.48 on an earnings per share basis. Ribbon Communications employs 2,245 workers across the globe.View Additional Information About Ribbon Communications.

What is Ribbon Communications' official website?

The official website for Ribbon Communications is http://www.ribboncommunications.com/.

How can I contact Ribbon Communications?

Ribbon Communications' mailing address is 4 TECHNOLOGY PARK DRIVE, WESTFORD MA, 01886. The communications equipment provider can be reached via phone at 978-614-8100 or via email at [email protected]


MarketBeat Community Rating for Ribbon Communications (NASDAQ RBBN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  427 (Vote Outperform)
Underperform Votes:  488 (Vote Underperform)
Total Votes:  915
MarketBeat's community ratings are surveys of what our community members think about Ribbon Communications and other stocks. Vote "Outperform" if you believe RBBN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RBBN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/14/2019 by MarketBeat.com Staff

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