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Ribbon Communications Stock Price, News & Analysis (NASDAQ:RBBN)

$5.42
+0.09 (+1.69 %)
(As of 10/14/2019 03:52 AM ET)
Today's Range
$5.36
Now: $5.43
$5.48
50-Day Range
$5.09
MA: $5.47
$5.86
52-Week Range
$4.23
Now: $5.43
$7.20
Volume235,110 shs
Average Volume232,075 shs
Market Capitalization$596.80 million
P/E Ratio11.30
Dividend YieldN/A
Beta1.42
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$1.06 per share
Book Value$5.54 per share

Profitability

Net Income$-76,810,000.00

Miscellaneous

Employees2,245
Market Cap$596.80 million
Next Earnings Date10/29/2019 (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) released its earnings results on Wednesday, July, 31st. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.06. The communications equipment provider had revenue of $145 million for the quarter, compared to analyst estimates of $144.43 million. Ribbon Communications had a return on equity of 8.28% and a net margin of 1.14%. Ribbon Communications's revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.14 earnings per share. View Ribbon Communications' Earnings History.

When is Ribbon Communications' next earnings date?

Ribbon Communications is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Ribbon Communications.

What price target have analysts set for RBBN?

2 Wall Street analysts have issued 12 month target prices for Ribbon Communications' stock. Their forecasts range from $8.50 to $9.00. On average, they anticipate Ribbon Communications' stock price to reach $8.75 in the next year. This suggests a possible upside of 61.3% from the stock's current price. View Analyst Price Targets 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 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. " (7/4/2019)
  • 2. Northland Securities analysts commented, "We believe they also continue to have the same revenue outlook for FY19." (6/12/2019)
  • 3. 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)

Has Ribbon Communications been receiving favorable news coverage?

News stories about RBBN stock have trended negative on Monday, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ribbon Communications earned a news sentiment score of -2.6 on InfoTrie's scale. They also assigned press coverage about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Ribbon Communications.

Are investors shorting Ribbon Communications?

Ribbon Communications saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 666,200 shares, a decrease of 9.5% from the August 30th total of 736,100 shares. Based on an average trading volume of 254,800 shares, the short-interest ratio is currently 2.6 days. Currently, 0.6% of the shares of the company 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

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 $5.43.

How big of a company is Ribbon Communications?

Ribbon Communications has a market capitalization of $596.80 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:  417 (Vote Outperform)
Underperform Votes:  478 (Vote Underperform)
Total Votes:  895
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 10/14/2019 by MarketBeat.com Staff

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