NASDAQ:RBBN - Ribbon Communications Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $5.36 -0.71 (-11.70 %) (As of 02/21/2019 04:00 PM ET)Previous Close$6.07Today's Range$5.21 - $5.9352-Week Range$4.62 - $7.89Volume784,232 shsAverage Volume274,809 shsMarket Capitalization$570.94 millionP/E Ratio76.57Dividend YieldN/ABeta1.47 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Ribbon Communications Inc. provides networked solutions in the United States, Europe, the Middle East, Africa, Japan, rest of the 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 to modernize communications networks, as well as provides secure real-time communications software, hardware, and cloud-native solutions. Its enterprise solutions include unified communications (UC), Nortel private branch exchange evolution, UC security, contact centers, Microsoft Skype for Business, session management, and security and cloud communications solutions that allows enterprises to connect securely to SIP trunks and modernize communications networks. The company also offers solution and business consulting, system integration, deployment, and managed care services; and support services, such as managing software updates, hardware maintenance, hardware spare services and managed spares programs, and emergency assistance during disaster recovery. It serves telecommunications, wireless and cable service providers, and enterprises through direct sales and indirect channels. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Westford, Massachusetts. Receive RBBN News and Ratings via Email Sign-up to receive the latest news and ratings for RBBN and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Computer integrated systems design Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNASDAQ:RBBN Previous Symbol CUSIP83591610 CIK1708055 Webwww.ribboncommunications.com Phone978-614-8100Debt Debt-to-Equity Ratio0.04 Current Ratio0.91 Quick Ratio0.83Price-To-Earnings Trailing P/E Ratio76.57 Forward P/E Ratio12.18 P/E Growth0.99 Sales & Book Value Annual Sales$329.94 million Price / Sales1.73 Cash Flow$0.3063 per share Price / Cash Flow17.50 Book Value$6.00 per share Price / Book0.89Profitability EPS (Most Recent Fiscal Year)$0.07 Net Income$-35,250,000.00 Net Margins-16.28% Return on Equity6.72% Return on Assets4.50%Miscellaneous Employees2,457 Outstanding Shares106,519,000Market Cap$570.94 million Next Earnings Date4/25/2019 (Estimated) OptionableOptionable 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) released its quarterly earnings data on Wednesday, February, 20th. The communications equipment provider reported $0.26 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.20 by $0.06. The communications equipment provider had revenue of $173 million for the quarter, compared to the consensus estimate of $171.81 million. Ribbon Communications had a positive return on equity of 6.72% and a negative net margin of 16.28%. Ribbon Communications's revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter last year, the business posted $0.27 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 Thursday, April 25th 2019. View Earnings Estimates for Ribbon Communications. What price target have analysts set for RBBN? 3 analysts have issued 1-year target prices for Ribbon Communications' stock. Their predictions range from $8.50 to $8.50. On average, they anticipate Ribbon Communications' stock price to reach $8.50 in the next year. This suggests a possible upside of 58.6% from the stock's current price. View Analyst Price Targets for Ribbon Communications. What is the consensus analysts' recommendation for Ribbon Communications? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (1/8/2019) 2. National Securities analysts commented, "Execution on baseline merger cost synergies should drive EBITDA growth that we think is underappreciated. Through the seasonally slower 1H:18 and amid in-progress cost cutting, RBBN generated $21 million of adjusted EBITDA. Guidance is for at least $75 million in 2018 and a run rate exiting 2018 of $100 million, excluding contribution from the acquisition of Edgewater Networks. We anticipate around $80 million of traditional EBITDA in 2019 putting shares at 7.4x forward EV/EBITDA compared to a historical 11x. Opportunities for profit expansion extend beyond cost cutting. RBBN sells a nascent Unified Communications and Unified Platform as a Service (UCaaS and CPaaS respectively) product, Kandy. Not yet a significant contributor, the CPaaS service enables carriers to extend an API to developers to easily embed unified communications features in custom software applications. Carriers can better leverage their network and compete with companies like Twilio (NYSE: TWLO – NR - $66.41). We find this a sound fit given RBBN’s core service provider focus. Contribution margins from Kandy should be significantly higher than the current company gross margin of around 55%. Further, software to aggregate and analyze data from carrier IP networks generated from session border controller (SBC) devices provides real-time insight into network status, disruptions, and potential security breaches. These software products are in the early stages of commercialization and have the potential to contribute growth at high margins. We initiate coverage with a BUY rating and $8.50 price target. We think the company has several paths, not mutually exclusive, to drive shareholder returns; the highest probability is executing on cost synergies, which alone puts RBBN on track for around $80 million of 2019 EBITDA and placing shares at a deep discount to historical and peer norms. Organic growth from new software products and accretive acquisitions are also potential contributors. We apply an 11x multiple to 2019 EBITDA to derive an $8.50 price target." (10/22/2018) 3. William Blair analysts commented, "We believe the business is worth several multiple turns higher , and we continue to recommend the stock." (7/31/2018) Has Ribbon Communications been receiving favorable news coverage? Headlines about RBBN stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by monitoring 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. Ribbon Communications earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned headlines about the communications equipment provider a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near future. Who are some of Ribbon Communications' key competitors? Some companies that are related to Ribbon Communications include Scientific Games (SGMS), NetScout Systems (NTCT), Allscripts Healthcare Solutions (MDRX), Ebix (EBIX), Sykes Enterprises (SYKE), Nextgen Healthcare (NXGN), Unisys (UIS), Onespan (OSPN), Agilysys (AGYS), KEYW (KEYW), Pareteum (TEUM), Simulations Plus (SLP), Digimarc (DMRC), Aerohive Networks (HIVE) and Travelzoo (TZOO). 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 Cisco Systems (CSCO), General Electric (GE), Bank of America (BAC), Citigroup (C), Micron Technology (MU), Netflix (NFLX), Starbucks (SBUX), Ford Motor (F), Advanced Micro Devices (AMD) and AbbVie (ABBV). 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. Michael R. Swade, Exec. Officer (Age 56)Mr. Eric S. Marmurek, Sr. VP & Chief Accounting Officer (Age 54) Who are Ribbon Communications' major shareholders? Ribbon Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.80%), Dimensional Fund Advisors LP (3.57%), Royce & Associates LP (1.84%), D. E. Shaw & Co. Inc. (0.85%), Horrell Capital Management Inc. (0.64%) and Northern Trust Corp (0.61%). Company insiders that own Ribbon Communications stock include Bruns H Grayson, Franklin W Iv Hobbs 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 Cowen Prime Services LLC, Boston Partners, GSA Capital Partners LLP, Menta Capital LLC, Millennium Management LLC, Zacks Investment Management, Two Sigma Investments LP and Two Sigma Advisers LP. 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 BlackRock Inc., Intrinsic Edge Capital Management LLC, Dimensional Fund Advisors LP, Horrell Capital Management Inc., Oberweis Asset Management Inc., Assenagon Asset Management S.A., Royce & Associates LP and Geode Capital Management LLC. Company insiders that have bought Ribbon Communications stock in the last two years include Bruns H Grayson and Franklin W Iv Hobbs. 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, Scottrade, Fidelity and Charles Schwab. What is Ribbon Communications' stock price today? One share of RBBN stock can currently be purchased for approximately $5.36. How big of a company is Ribbon Communications? Ribbon Communications has a market capitalization of $570.94 million and generates $329.94 million in revenue each year. The communications equipment provider earns $-35,250,000.00 in net income (profit) each year or $0.07 on an earnings per share basis. Ribbon Communications employs 2,457 workers across the globe. 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: 2.4 out of 5 ( )Outperform Votes: 374 (Vote Outperform)Underperform Votes: 406 (Vote Underperform)Total Votes: 780MarketBeat'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 2/21/2019 by MarketBeat.com StaffFeatured Article: What are convertible shares?