NASDAQ:RBBN - Ribbon Communications Stock Price, Price Target & More

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$6.53 -0.07 (-1.06 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$6.60
Today's Range$6.50 - $6.61
52-Week Range$4.97 - $9.05
Volume235,200 shs
Average Volume407,131 shs
Market Capitalization$686.98 million
P/E Ratio93.29
Dividend YieldN/A
Beta1.65

About Ribbon Communications (NASDAQ:RBBN)

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

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

Debt

Debt-to-Equity Ratio0.04
Current Ratio1.13
Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio93.29
Forward P/E Ratio-217.67
P/E GrowthN/A

Sales & Book Value

Annual Sales$329.94 million
Price / Sales2.06
Cash Flow$0.3477 per share
Price / Cash18.78
Book Value$6.00 per share
Price / Book1.09

Profitability

EPS (Most Recent Fiscal Year)$0.07
Net Income$-35,250,000.00
Net Margins-17.48%
Return on Equity2.70%
Return on Assets1.84%

Miscellaneous

Employees2,457
Outstanding Shares104,090,000

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) issued its quarterly earnings results on Thursday, April, 26th. The communications equipment provider reported ($0.04) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.04. The communications equipment provider had revenue of $135 million for the quarter, compared to analyst estimates of $119.14 million. Ribbon Communications had a positive return on equity of 2.70% and a negative net margin of 17.48%. The firm's revenue was up 152.8% on a year-over-year basis. View Ribbon Communications' Earnings History.

What price target have analysts set for RBBN?

5 Wall Street analysts have issued 1 year price targets for Ribbon Communications' stock. Their predictions range from $5.00 to $10.00. On average, they expect Ribbon Communications' share price to reach $7.8125 in the next year. 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. William Blair analysts commented, "We attended Ribbon Perspectives 2018 partner conference last week in Los Angeles. This was the first joint gathering since the merger of October 2017. The event highlighted real urgency to rebuild as a new company and educate both partners on product cross-sell opportunities. The conference focus, unmistakably , was on future growth products. Our conversations with executive management, partners, and customers coalesced mainly around growth products—software SBCs (virtual communication services), Ribbon Protect (SIP session security), and Kandy (white-label CPaaS/UCaaS applications platform)—as well as emerging opportunities in the federal vertical, network transformation (Japan NNI), and enterprise (Microsoft T eams voice). We heard several things at the conference that bolstered our confidence in the company ." (6/14/2018)
  • 2. 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) " (4/28/2018)

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?

Media headlines about RBBN stock have trended somewhat positive this week, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ribbon Communications earned a news impact score of 0.03 on Accern's scale. They also gave media headlines about the communications equipment provider an impact score of 46.10 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Ribbon Communications' major shareholders?

Ribbon Communications' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (48.43%), Dimensional Fund Advisors LP (3.07%), BlackRock Inc. (3.05%), Neuberger Berman Group LLC (2.18%), Central Securities Corp (1.33%) and Russell Investments Group Ltd. (1.29%). Company insiders that own Ribbon Communications stock include Bruns H Grayson, Franklin W Iv Hobbs, John A Schofield 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 King Luther Capital Management Corp, JPMorgan Chase & Co., Neuberger Berman Group LLC, California Public Employees Retirement System and BlackRock Inc.. 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 Russell Investments Group Ltd., Segall Bryant & Hamill LLC, Millennium Management LLC, Central Securities Corp, Citadel Advisors LLC, Cowen Prime Services LLC, Alambic Investment Management L.P. and Tibra Equities Europe Ltd. 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 $6.53.

How big of a company is Ribbon Communications?

Ribbon Communications has a market capitalization of $686.98 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 (RBBN)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  288 (Vote Outperform)
Underperform Votes:  312 (Vote Underperform)
Total Votes:  600
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 6/18/2018 by MarketBeat.com Staff

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