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

Sign in or create an account to add this stock to your watchlist.
$7.32 +0.02 (+0.27 %)
(As of 07/17/2018 11:30 AM ET)
Previous Close$7.28
Today's Range$7.28 - $7.36
52-Week Range$4.97 - $9.05
Volume560 shs
Average Volume267,449 shs
Market Capitalization$766.08 million
P/E Ratio104.00
Dividend YieldN/A
Beta1.62
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.

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.

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 Ratio1.13
Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio104.00
Forward P/E Ratio-244.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$329.94 million
Price / Sales2.31
Cash Flow$0.3496 per share
Price / Cash20.94
Book Value$6.00 per share
Price / Book1.22

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
Market Cap$766.08

The Truth About Cryptocurrencies

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 quarterly earnings data on Thursday, April, 26th. The communications equipment provider reported ($0.04) EPS for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.04. The communications equipment provider had revenue of $135 million for the quarter, compared to the consensus estimate of $119.14 million. Ribbon Communications had a negative net margin of 17.48% and a positive return on equity of 2.70%. Ribbon Communications's quarterly revenue was up 152.8% 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 Tuesday, July, 31st 2018. View Earnings Estimates for Ribbon Communications.

What price target have analysts set for RBBN?

3 brokerages have issued 1-year price targets for Ribbon Communications' shares. Their forecasts range from $5.00 to $8.50. On average, they anticipate Ribbon Communications' share price to reach $6.75 in the next year. This suggests that the stock has a possible downside of 7.8%. View Analyst Ratings for Ribbon Communications.

What is the consensus analysts' recommendation for Ribbon Communications?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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?

News coverage about RBBN stock has been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ribbon Communications earned a media sentiment score of 0.11 on Accern's scale. They also gave news coverage about the communications equipment provider an impact score of 44.82 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

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 $7.32.

How big of a company is Ribbon Communications?

Ribbon Communications has a market capitalization of $766.08 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:  296 (Vote Outperform)
Underperform Votes:  320 (Vote Underperform)
Total Votes:  616
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 7/17/2018 by MarketBeat.com Staff

Featured Article: Relative Strength Index

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.