Log in

NASDAQ:RBBNRibbon Communications Stock Price, Forecast & News

$4.41
-0.05 (-1.12 %)
(As of 06/4/2020 04:00 PM ET)
Add
Compare
Today's Range
$4.40
Now: $4.41
$4.60
50-Day Range
$2.77
MA: $3.52
$4.40
52-Week Range
$1.95
Now: $4.41
$5.93
Volume254,578 shs
Average Volume417,963 shs
Market Capitalization$638.44 million
P/E RatioN/A
Dividend YieldN/A
Beta0.98
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. 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, appliance maintenance, appliance 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.
Read More
Ribbon Communications logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$563.11 million
Cash Flow$0.89 per share
Book Value$4.37 per share

Profitability

Net Income$-130,070,000.00

Miscellaneous

Employees2,209
Market Cap$638.44 million
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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.

Ribbon Communications (NASDAQ:RBBN) Frequently Asked Questions

How has Ribbon Communications' stock been impacted by COVID-19 (Coronavirus)?

Ribbon Communications' stock was trading at $2.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RBBN shares have increased by 70.9% and is now trading at $4.41. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ribbon Communications?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ribbon Communications.

When is Ribbon Communications' next earnings date?

Ribbon Communications is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Ribbon Communications.

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc (NASDAQ:RBBN) announced its quarterly earnings results on Wednesday, May, 6th. The communications equipment provider reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.13) by $0.14. The communications equipment provider earned $128.03 million during the quarter, compared to analysts' expectations of $121 million. Ribbon Communications had a negative return on equity of 29.24% and a negative net margin of 21.99%. View Ribbon Communications' earnings history.

What price target have analysts set for RBBN?

2 equities research analysts have issued twelve-month target prices for Ribbon Communications' shares. Their forecasts range from $3.50 to $6.00. On average, they anticipate Ribbon Communications' share price to reach $4.75 in the next twelve months. This suggests a possible upside of 7.7% from the stock's current price. View analysts' price targets 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. " (4/22/2020)
  • 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?

Press coverage about RBBN stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ribbon Communications earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned news coverage about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutRibbon Communications.

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), General Electric (GE), TherapeuticsMD (TXMD), Bank of America (BAC) and Evoke Pharma (EVOK).

Who are Ribbon Communications' key executives?

Ribbon Communications' management team includes the following 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

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 many different institutional and retail investors. Top institutional investors include Paradigm Capital Management Inc. NY (5.49%), BlackRock Inc. (3.86%), State Street Corp (1.18%), AQR Capital Management LLC (0.96%), Geode Capital Management LLC (0.95%) and Nuveen Asset Management LLC (0.78%). Company insiders that own Ribbon Communications stock include Anthony Scarfo, Bruce William Mcclelland, Daryl Raiford, Eric S Marmurek, Franklin W Iv Hobbs, John R Mccready, Justin K Ferguson, Kent Mathy, Kevin W Riley, Patrick Joggerst, Richard J Lynch and Steven M Bruny. 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 Horrell Capital Management Inc., New York State Common Retirement Fund, Morgan Stanley, GSA Capital Partners LLP, UBS Group AG, Aperio Group LLC, Wells Fargo & Company MN, and Cowen Prime Services LLC. Company insiders that have sold Ribbon Communications company stock in the last year include Anthony Scarfo, Daryl Raiford, Eric S Marmurek, John R Mccready, Justin K Ferguson, Kevin W Riley, Patrick Joggerst, and Steven M Bruny. View insider buying and selling activity for Ribbon Communications.

Which major investors are buying Ribbon Communications stock?

RBBN stock was purchased by a variety of institutional investors in the last quarter, including Mackay Shields LLC, AQR Capital Management LLC, Geode Capital Management LLC, Nuveen Asset Management LLC, Acadian Asset Management LLC, Russell Investments Group Ltd., Two Sigma Advisers LP, and First Trust Advisors LP. Company insiders that have bought Ribbon Communications stock in the last two years include Bruce William Mcclelland, Franklin W Iv Hobbs, Kent Mathy, and Richard J Lynch. View insider buying and selling activity 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 $4.41.

How big of a company is Ribbon Communications?

Ribbon Communications has a market capitalization of $638.44 million and generates $563.11 million in revenue each year. The communications equipment provider earns $-130,070,000.00 in net income (profit) each year or ($1.19) on an earnings per share basis. Ribbon Communications employs 2,209 workers across the globe.

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 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.