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NASDAQ:RBBN

Ribbon Communications (RBBN) Stock Forecast, Price & News

$2.88
-0.13 (-4.32%)
(As of 05/20/2022 04:00 PM ET)
Add
Compare
Today's Range
$2.80
$3.05
50-Day Range
$2.81
$3.64
52-Week Range
$2.74
$8.31
Volume
329,319 shs
Average Volume
493,508 shs
Market Capitalization
$432.40 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.02
30 days | 90 days | 365 days | Advanced Chart
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Ribbon Communications logo

About Ribbon Communications

Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products; and solutions and services for enabling voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications and unified communications and collaboration. It also offers session border controller and network transformation products. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. It also provides multiple solutions for VoIP, VoLTE, VoNR, and UC&C in network, on-premises, or via the telco cloud. The IP Optical Networks segment provides hardware and software solutions for IP networking, switching, routing, and optical transport to support and enable technologies, such as 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, legacy NTR, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. It also provides advanced analytics solutions and next generation products that provides cloud-native and streaming analytics platform for networks and subscribers. 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 Plano, Texas.

Headlines

Ribbon Communications Reports In-Line Q1 EPS
See More Headlines

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:RBBN
CUSIP
83591610
Employees
3,685
Year Founded
2017

Sales & Book Value

Annual Sales
$844.96 million
Cash Flow
$1.58 per share
Book Value
$3.16 per share

Profitability

Net Income
$-177.18 million
Pretax Margin
-28.61%

Debt

Price-To-Earnings

Miscellaneous

Free Float
147,482,000
Market Cap
$432.40 million
Optionable
Optionable

Company Calendar

Last Earnings
4/27/2022
Today
5/20/2022
Next Earnings (Estimated)
7/27/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.72 out of 5 stars

Computer And Technology Sector

109th out of 924 stocks

Computer Integrated Systems Design Industry

4th out of 49 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -













Ribbon Communications (NASDAQ:RBBN) Frequently Asked Questions

Is Ribbon Communications a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Ribbon Communications stock.
View analyst ratings for Ribbon Communications
or view top-rated stocks.

When is Ribbon Communications' next earnings date?

Ribbon Communications is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Ribbon Communications
.

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc. (NASDAQ:RBBN) issued its earnings results on Wednesday, April, 27th. The communications equipment provider reported ($0.11) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.11). The communications equipment provider had revenue of $173.20 million for the quarter, compared to the consensus estimate of $172.50 million. Ribbon Communications had a positive trailing twelve-month return on equity of 2.92% and a negative net margin of 24.53%.
View Ribbon Communications' earnings history
.

What guidance has Ribbon Communications issued on next quarter's earnings?

Ribbon Communications issued an update on its FY 2022 earnings guidance on Wednesday, March, 2nd. The company provided EPS guidance of $0.300-$0.340 for the period, compared to the consensus estimate of $0.510. The company issued revenue guidance of $850 million-$880 million, compared to the consensus revenue estimate of $910.45 million.

What price target have analysts set for RBBN?

2 Wall Street analysts have issued 12-month target prices for Ribbon Communications' shares. Their forecasts range from $6.50 to $7.00. On average, they anticipate Ribbon Communications' share price to reach $6.75 in the next year. This suggests a possible upside of 134.4% from the stock's current price.
View analysts' price targets for Ribbon Communications
or view top-rated stocks among Wall Street analysts.

Who are Ribbon Communications' key executives?
Ribbon Communications' management team includes the following people:
  • Mr. Bruce W. McClelland, Pres, CEO & Director (Age 55, Pay $781.42k)
  • Mr. Miguel A. Lopez, Exec. VP & CFO (Age 62, Pay $547.62k) (LinkedIn Profile)
  • Mr. Patrick W. Macken, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 48, Pay $431.45k)
  • Mr. Salvatore Bucci, Exec. VP & GM of IP Optical Networks Bus. Unit (Age 57, Pay $480.61k)
  • Mr. Stephen J. McCaffery, Exec. VP of Sales- EMEA & APAC (Age 55, Pay $469.58k)
  • Mr. Jamie Gibson, VP of Technology & Sales Engineering
  • Mr. Tom Berry, VP of Investor Relations
  • Ms. Bita Milanian, Sr. VP of Global Marketing
  • Ms. Petrena Ferguson, Sr. VP of HR
  • Mr. Anthony Scarfo, Exec. VP and GM of Cloud & Edge Bus. Unit (Age 61)
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 (IDCC), STAG Industrial (STAG), NVIDIA (NVDA), Overstock.com (OSTK), Enphase Energy (ENPH), Amyris (AMRS), Pure Storage (PSTG), QUALCOMM (QCOM) and Boeing (BA).

What is Ribbon Communications' stock symbol?

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

Who are Ribbon Communications' major shareholders?

Ribbon Communications' stock is owned by a number of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (33.28%), BlackRock Inc. (4.43%), Vanguard Group Inc. (3.10%), Dimensional Fund Advisors LP (2.47%), First Trust Advisors LP (1.63%) and State Street Corp (1.15%). Company insiders that own Ribbon Communications stock include Anthony Scarfo, Bruce William Mcclelland, Bruns H Grayson, Daryl Raiford, Eric S Marmurek, Miguel A Lopez and Sam Bucci.
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 Penserra Capital Management LLC, Arrowstreet Capital Limited Partnership, Citigroup Inc., Principal Financial Group Inc., Northern Trust Corp, UBS Group AG, Hussman Strategic Advisors Inc., and HighTower Advisors LLC.
View insider buying and selling activity for Ribbon Communications
or view top insider-selling stocks.

Which institutional investors are buying Ribbon Communications stock?

RBBN stock was bought by a variety of institutional investors in the last quarter, including Federated Hermes Inc., First Wilshire Securities Management Inc., First Trust Advisors LP, Assenagon Asset Management S.A., Engineers Gate Manager LP, Invesco Ltd., BNP Paribas Arbitrage SA, and BlackRock Inc.. Company insiders that have bought Ribbon Communications stock in the last two years include Bruce William Mcclelland, Bruns H Grayson, and Miguel A Lopez.
View insider buying and selling activity for Ribbon Communications
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ribbon Communications' stock price today?

One share of RBBN stock can currently be purchased for approximately $2.88.

How much money does Ribbon Communications make?

Ribbon Communications has a market capitalization of $432.40 million and generates $844.96 million in revenue each year. The communications equipment provider earns $-177.18 million in net income (profit) each year or ($1.370010) on an earnings per share basis.

How many employees does Ribbon Communications have?

Ribbon Communications employs 3,685 workers across the globe.

Does Ribbon Communications have any subsidiaries?

The following companies are subsidiares of Ribbon Communications: ECI Telecom.

When was Ribbon Communications founded?

Ribbon Communications was founded in 2017.

What is Ribbon Communications' official website?

The official website for Ribbon Communications is 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, via email at [email protected], or via fax at 978-614-8101.

This page was last updated on 5/20/2022 by MarketBeat.com Staff

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