NASDAQ:RBBN - Ribbon Communications Stock Price, News, & Analysis

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$7.49 -0.10 (-1.32 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$7.59
Today's Range$7.44 - $7.66
52-Week Range$4.97 - $9.05
Volume268,800 shs
Average Volume372,540 shs
Market Capitalization$727.07 million
P/E Ratio107.00
Dividend YieldN/A
Beta1.51
Ribbon Communications logoRibbon 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.04
Current Ratio1.15
Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio107.00
Forward P/E Ratio21.40
P/E Growth1.66

Sales & Book Value

Annual Sales$329.94 million
Price / Sales2.36
Cash Flow$0.3766 per share
Price / Cash19.89
Book Value$6.00 per share
Price / Book1.25

Profitability

EPS (Most Recent Fiscal Year)$0.07
Net Income$-35,250,000.00
Net Margins-16.08%
Return on Equity5.69%
Return on Assets3.88%

Miscellaneous

Employees2,457
Outstanding Shares104,020,000
Market Cap$727.07 million

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) announced its earnings results on Tuesday, July, 31st. The communications equipment provider reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.12. The communications equipment provider earned $145 million during the quarter, compared to the consensus estimate of $134.79 million. Ribbon Communications had a positive return on equity of 5.69% and a negative net margin of 16.08%. The business's revenue was up 158.9% on a year-over-year basis. View Ribbon Communications' Earnings History.

When is Ribbon Communications' next earnings date?

Ribbon Communications is scheduled to release their next quarterly earnings announcement on Monday, October, 29th 2018. View Earnings Estimates for Ribbon Communications.

What is the consensus analysts' recommendation for Ribbon Communications?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last year. There are currently 1 hold rating and 1 buy rating 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, "Sonus Networks, Inc. is a leading provider of voice infrastructure products for the new public network. Sonus' solutions enable service providers to deploy an integrated network capable of carrying both voice and data traffic, and to deliver a range of innovative, new services. The Sonus Open Services Architecture and award-winning Packet Telephony suite cut the time-to-market for competitive new service products, allowing carriers and third-party developers to expand marketshare and build important new revenue streams.(Press Release) " (8/4/2018)
  • 2. William Blair analysts commented, "We believe the business is worth several multiple turns higher , and we continue to recommend the stock." (7/31/2018)

Who are some of Ribbon Communications' key competitors?

Who are Ribbon Communications' key executives?

Ribbon Communications' management team includes the folowing people:
  • Mr. Franklin Warren Hobbs IV, CEO, Pres & Director (Age 71)
  • Mr. Daryl E. Raiford, Exec. VP & CFO (Age 55)
  • Mr. Kevin W. Riley, Chief Technology Officer (Age 47)
  • Mr. Michael R. Swade, Exec. VP of Global Sales (Age 55)
  • Mr. David Arthur Walsh, Founder & Pres of Kandy

Has Ribbon Communications been receiving favorable news coverage?

Headlines about RBBN stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ribbon Communications earned a coverage optimism score of 0.22 on Accern's scale. They also gave news stories about the communications equipment provider an impact score of 46.82 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Ribbon Communications.

Who are Ribbon Communications' major shareholders?

Ribbon Communications' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.40%), Dimensional Fund Advisors LP (3.22%), Renaissance Technologies LLC (2.03%), Royce & Associates LP (1.66%), Russell Investments Group Ltd. (1.46%) and Paradigm Capital Management Inc. NY (1.04%). 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 major investors are selling Ribbon Communications stock?

RBBN stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Algert Global LLC, Renaissance Technologies LLC, Citadel Advisors LLC, Strs Ohio, KBC Group NV, Segall Bryant & Hamill LLC and FMR LLC. View Insider Buying and Selling for Ribbon Communications.

Which major investors are buying Ribbon Communications stock?

RBBN stock was acquired by a variety of institutional investors in the last quarter, including Paradigm Capital Management Inc. NY, BlackRock Inc., Royce & Associates LP, Russell Investments Group Ltd., Dimensional Fund Advisors LP, Rice Hall James & Associates LLC, Jafra Capital Management LP and Boston Partners. 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 $7.49.

How big of a company is Ribbon Communications?

Ribbon Communications has a market capitalization of $727.07 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.

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 (star star)
Outperform Votes:  308 (Vote Outperform)
Underperform Votes:  334 (Vote Underperform)
Total Votes:  642
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 8/18/2018 by MarketBeat.com Staff

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