NASDAQ:SANG Sangoma Technologies (SANG) Stock Forecast, Price & News $3.70 +0.28 (+8.19%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$3.57▼$3.7050-Day Range$3.32▼$4.1052-Week Range$3.30▼$9.80Volume3,167 shsAverage Volume10,364 shsMarket Capitalization$88.42 millionP/E RatioN/ADividend YieldN/APrice Target$13.25 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Sangoma Technologies MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside258.1% Upside$13.25 Price TargetShort InterestHealthy0.13% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.22) to ($0.04) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.25 out of 5 starsComputer And Technology Sector407th out of 1,226 stocksComputer Programming, Data Processing, & Other Computer Related Industry29th out of 120 stocks 3.5 Analyst's Opinion Consensus RatingSangoma Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.25, Sangoma Technologies has a forecasted upside of 258.1% from its current price of $3.70.Amount of Analyst CoverageSangoma Technologies has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.13% of the float of Sangoma Technologies has been sold short.Short Interest Ratio / Days to CoverSangoma Technologies has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sangoma Technologies has recently decreased by 28.29%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSangoma Technologies does not currently pay a dividend.Dividend GrowthSangoma Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SANG. Previous Next 1.4 News and Social Media Coverage News SentimentSangoma Technologies has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.Search InterestOnly 1 people have searched for SANG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sangoma Technologies insiders have not sold or bought any company stock.Percentage Held by Insiders14.00% of the stock of Sangoma Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 31.00% of the stock of Sangoma Technologies is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Sangoma Technologies are expected to grow in the coming year, from ($0.22) to ($0.04) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sangoma Technologies is -1.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sangoma Technologies is -1.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSangoma Technologies has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sangoma Technologies (NASDAQ:SANG) StockSangoma Technologies Corp. engages in the provision of value-based Communications as a Service (CaaS) solutions for businesses. The firm's CaaS offerings include Unified Communications as a Service, Trunking as a Service, Contact Center as a Service, Communications Platform as a Service, Video Meetings as a Service, Collaboration as a Service, Desktop as a Service, and Access Control as a Service. The company was founded by David Mandelstam in 1984 and is headquartered in Markham, Canada.Read More Receive SANG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sangoma Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address SANG Stock News HeadlinesMay 15, 2023 | americanbankingnews.comTD Securities Lowers Sangoma Technologies (NASDAQ:SANG) Price Target to C$9.50May 11, 2023 | finance.yahoo.comSangoma Technologies Corporation (SANG) Reports Q3 Loss, Misses Revenue EstimatesJune 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 11, 2023 | finance.yahoo.comSangoma Announces Third Quarter Fiscal 2023 ResultsMay 10, 2023 | finance.yahoo.comTelarus Joins Sangoma's Technology Solution Broker Channel ProgramMay 6, 2023 | marketwatch.comGlobal "Sip Trunking Services Market" Growth and Outlook till 2023-2030May 3, 2023 | marketwatch.comEnterprise Media Gateways Sales Market Analysis and Forecast to 2031April 26, 2023 | tmcnet.comFrost & Sullivan's UCaaS Market Report Recognizes SangomaJune 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.April 24, 2023 | marketwatch.comSIP Trunking Service Market Overview and Scope By 2031April 13, 2023 | marketwatch.comSIP Trunking Service Market with Principles of a Good Research ReportApril 11, 2023 | bizjournals.comHouston tech company names Tampa Bay businesswoman its CEOApril 11, 2023 | bizjournals.comFast-growing tech company Liongard names new CEO, moves founder to different roleApril 10, 2023 | theglobeandmail.comClosing Bell: Sangoma Technologies Corp up on Monday (STC)April 7, 2023 | marketwatch.comSIP Trunking Service Market Size 2023 With Regional Scope, Report Coverage, Historic Data, Outlook 2030April 5, 2023 | americanbankingnews.comHead to Head Survey: Sangoma Technologies (NASDAQ:SANG) vs. GAN (NASDAQ:GAN)April 4, 2023 | marketwatch.comSIP Trunking Service Market 2023 Size Growing Rapidly with Recent TrendsApril 3, 2023 | finance.yahoo.comSession Initiation Protocol (SIP) Trunking Services Global Market Report 2023March 29, 2023 | marketwatch.comSip Trunking Services Market Analysis - Industry Report, Trends 2029March 29, 2023 | finance.yahoo.comSangoma Announces Filing of Form F-3 Resale Registration Statement and Associated Amendment to StarBlue Inc. Purchase AgreementMarch 29, 2023 | finance.yahoo.comSangoma Announces Filing of Form F-3 Resale Registration Statement and Associated Amendment to StarBlue Inc. Purchase AgreementMarch 24, 2023 | marketwatch.comFuture of On-Premise Phone System Market: Forecasting Trends and Opportunities 2023-2028March 24, 2023 | marketwatch.comEnterprise Media Gateways Market 2023 Expected to Reach Significant Rate by 2026March 23, 2023 | marketwatch.comCRISPR-PE Technology Market Size, Trends and Forecast 2028March 22, 2023 | marketwatch.comSIP Trunking Service Market Top Players by 2031March 21, 2023 | marketwatch.comSip Trunking Services Market Share and Forecast till 2029March 15, 2023 | marketwatch.comThe Future of SIP Trunking Service Market (2023-2029)-Worldwide Insights and PredictionsSee More Headlines SANG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SANG Company Calendar Today6/01/2023Fiscal Year End6/30/2023Next Earnings (Estimated)9/25/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:SANG CUSIPN/A CIK1753368 Webwww.sangoma.com Phone(905) 474-1990FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$13.25 High Stock Price Forecast$20.00 Low Stock Price Forecast$9.50 Forecasted Upside/Downside+258.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($3.15) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-110,780,000.00 Net Margins-41.63% Pretax Margin-39.55% Return on Equity-4.45% Return on Assets-2.68% Debt Debt-to-Equity Ratio0.32 Current Ratio0.83 Quick Ratio0.56 Sales & Book Value Annual Sales$255.15 million Price / Sales0.35 Cash Flow$0.80 per share Price / Cash Flow4.65 Book Value$12.10 per share Price / Book0.31Miscellaneous Outstanding Shares23,896,000Free Float20,551,000Market Cap$88.42 million OptionableNot Optionable Beta0.69 Key ExecutivesLarry StockChief Financial OfficerNenad CorbicChief Technology OfficerJamie MinnerChief Revenue OfficerJim MachiChief Product & Marketing OfficerDavid HardySenior Vice President-SalesKey CompetitorsGANNASDAQ:GANAurora MobileNASDAQ:JGTrueCarNASDAQ:TRUEBlend LabsNYSE:BLNDSify TechnologiesNASDAQ:SIFYView All CompetitorsInstitutional OwnershipAlberta Investment Management CorpBought 186,980 shares on 5/16/2023Ownership: 3.919%Toronto Dominion BankBought 400,000 shares on 5/11/2023Ownership: 1.674%Connor Clark & Lunn Investment Management Ltd.Bought 23,700 shares on 5/10/2023Ownership: 0.099%View All Institutional Transactions SANG Stock - Frequently Asked Questions Should I buy or sell Sangoma Technologies stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sangoma Technologies in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SANG shares. View SANG analyst ratings or view top-rated stocks. What is Sangoma Technologies' stock price forecast for 2023? 3 Wall Street research analysts have issued 12-month price objectives for Sangoma Technologies' shares. Their SANG share price forecasts range from $9.50 to $20.00. On average, they expect the company's stock price to reach $13.25 in the next year. This suggests a possible upside of 258.1% from the stock's current price. View analysts price targets for SANG or view top-rated stocks among Wall Street analysts. How have SANG shares performed in 2023? Sangoma Technologies' stock was trading at $4.85 at the beginning of 2023. Since then, SANG stock has decreased by 23.7% and is now trading at $3.70. View the best growth stocks for 2023 here. Are investors shorting Sangoma Technologies? Sangoma Technologies saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 25,100 shares, a drop of 28.3% from the April 30th total of 35,000 shares. Based on an average daily volume of 6,400 shares, the short-interest ratio is currently 3.9 days. Currently, 0.1% of the shares of the company are sold short. View Sangoma Technologies' Short Interest. When is Sangoma Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, September 25th 2023. View our SANG earnings forecast. What is Sangoma Technologies' stock symbol? Sangoma Technologies trades on the NASDAQ under the ticker symbol "SANG." Who are Sangoma Technologies' major shareholders? Sangoma Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Alberta Investment Management Corp (3.92%), Toronto Dominion Bank (1.67%) and Connor Clark & Lunn Investment Management Ltd. (0.10%). How do I buy shares of Sangoma Technologies? Shares of SANG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Sangoma Technologies' stock price today? One share of SANG stock can currently be purchased for approximately $3.70. How much money does Sangoma Technologies make? Sangoma Technologies (NASDAQ:SANG) has a market capitalization of $88.42 million and generates $255.15 million in revenue each year. The company earns $-110,780,000.00 in net income (profit) each year or ($3.15) on an earnings per share basis. How can I contact Sangoma Technologies? Sangoma Technologies' mailing address is 100 Renfrew Drive, Markham, Ontario L3R 9R6. The official website for the company is www.sangoma.com. The company can be reached via phone at (905) 474-1990 or via email at ir@sangamo.com. This page (NASDAQ:SANG) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sangoma Technologies Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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