NASDAQ:RBBN - Ribbon Communications Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $5.87 +0.22 (+3.89 %) (As of 10/22/2018 01:01 PM ET)Previous Close$5.65Today's Range$5.78 - $5.9052-Week Range$4.97 - $9.05Volume4,195 shsAverage Volume171,389 shsMarket Capitalization$587.69 millionP/E Ratio83.93Dividend YieldN/ABeta1.6 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Ribbon 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 Webwww.ribboncommunications.com Phone978-614-8100 Debt Debt-to-Equity Ratio0.04 Current Ratio1.15 Quick Ratio1.05 Price-To-Earnings Trailing P/E Ratio83.93 Forward P/E Ratio15.86 P/E Growth1.27 Sales & Book Value Annual Sales$329.94 million Price / Sales1.85 Cash Flow$0.3650 per share Price / Cash16.08 Book Value$6.00 per share Price / Book0.98 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 Shares104,020,000Market Cap$587.69 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) posted its quarterly earnings data on Tuesday, July, 31st. The communications equipment provider reported $0.14 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.12. The communications equipment provider earned $145 million during the quarter, compared to analyst estimates of $134.79 million. Ribbon Communications had a positive return on equity of 5.69% and a negative net margin of 16.08%. The firm's revenue for the quarter 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 Tuesday, October 30th 2018. View Earnings Estimates for Ribbon Communications. How can I listen to Ribbon Communications' earnings call? Ribbon Communications will be holding an earnings conference call on Tuesday, October 30th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8009131647. 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 hold rating and 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. 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) 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) " (10/11/2018) 3. 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? Some companies that are related to Ribbon Communications include Allscripts Healthcare Solutions (MDRX), Convergys (CVG), Scientific Games (SGMS), NetScout Systems (NTCT), Ebix (EBIX), Quality Systems (QSII), Sykes Enterprises (SYKE), Nextgen Healthcare (NXGN), Unisys (UIS), VASCO Data Security International (VDSI), Onespan (OSPN), KEYW (KEYW), Agilysys (AGYS), Simulations Plus (SLP) and Digimarc (DMRC). 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 Who are Ribbon Communications' major shareholders? Ribbon Communications' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Horrell Capital Management Inc. (0.46%) and Ramsey Quantitative Systems (0.03%). 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 institutional 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.. View Insider Buying and Selling for Ribbon Communications. Which institutional investors are buying Ribbon Communications stock? RBBN stock was purchased by a variety of institutional investors in the last quarter, including Ramsey Quantitative Systems. 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 $5.87. How big of a company is Ribbon Communications? Ribbon Communications has a market capitalization of $587.69 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. 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: 2.4 out of 5 ( )Outperform Votes: 322 (Vote Outperform)Underperform Votes: 351 (Vote Underperform)Total Votes: 673MarketBeat'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 10/22/2018 by MarketBeat.com StaffFeatured Article: What is an Initial Public Offering (IPO)?