Ooma, Inc. is a United States-based company, which offers Ooma, a communications platform for small businesses and consumers. Ooma serves as a communications hub, which offers cloud-based telephony, Internet security, home monitoring and other connected services. Ooma combines PureVoice high definition (HD) call quality features with mobile applications anytime, anywhere calling. Ooma is a full router capable of prioritizing voice data and directing traffic to ensure reliable phone service. Its enterprise-grade phone service built for small business includes features, such as calling features, including unlimited calling in United States and Canada, 911 service and toll-free numbers available; office features, including virtual receptionist, extension dialing and voicemail; mobility features, including call forwarding, voicemail forwarding and multi-ring, and one-touch Internet protocol (IP) phone features, including three way conference, transfer calls and call on hold.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Communications & Networking - NEC
- Sub-Industry: N/A
- Symbol: NYSE:OOMA
- CUSIP: N/A
- Web: www.ooma.com
- Market Cap: $156.23 million
- Outstanding Shares: 18,273,000
- 50 Day Moving Avg: $8.22
- 200 Day Moving Avg: $9.72
- 52 Week Range: $7.55 - $12.30
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 427.50
- P/E Growth: 1.98
- Annual Revenue: $107.64 million
- Price / Sales: 1.45
- Book Value: $2.19 per share
- Price / Book: 3.90
- EBIDTA: ($10,400,000.00)
- Net Margins: -11.51%
- Return on Equity: -29.82%
- Return on Assets: -16.45%
- Current Ratio: 2.02%
- Quick Ratio: 1.82%
- Average Volume: 200,337 shs.
- Beta: 1.38
- Short Ratio: 3.04
Frequently Asked Questions for Ooma (NYSE:OOMA)
What is Ooma's stock symbol?
Ooma trades on the New York Stock Exchange (NYSE) under the ticker symbol "OOMA."
How were Ooma's earnings last quarter?
Ooma, Inc. (NYSE:OOMA) released its quarterly earnings data on Tuesday, May, 23rd. The company reported ($0.02) earnings per share for the quarter, topping analysts' consensus estimates of ($0.03) by $0.01. The company had revenue of $27.58 million for the quarter, compared to analysts' expectations of $28.14 million. Ooma had a negative net margin of 11.51% and a negative return on equity of 29.82%. The firm's revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter last year, the company earned ($0.08) earnings per share. View Ooma's Earnings History.
When will Ooma make its next earnings announcement?
What guidance has Ooma issued on next quarter's earnings?
Ooma issued an update on its FY18 earnings guidance on Tuesday, May, 23rd. The company provided EPS guidance of $(0.13)-(0.08) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.11). The company issued revenue guidance of $113-116 million, compared to the consensus revenue estimate of $122.52 million.Ooma also updated its Q2 guidance to $(0.05)-(0.03) EPS.
Where is Ooma's stock going? Where will Ooma's stock price be in 2017?
6 analysts have issued 12 month price targets for Ooma's shares. Their forecasts range from $10.50 to $14.00. On average, they expect Ooma's share price to reach $12.30 in the next year. View Analyst Ratings for Ooma.
What are analysts saying about Ooma stock?
Here are some recent quotes from research analysts about Ooma stock:
- 1. Credit Suisse Group analysts commented, "OOMA reported good F4Q results, in our view, with total revenue, margins, and EPS ahead of Street. F4Q subscription revenue growth of +17% yr/yr was in line with prior CS driven by continued strength in Office (>+60% yr/yr revenue growth); excluding Business Promoter, F2017 subscription revenue growth would have been +27% yr/yr. Initial F2018 revenue of $121-124M (+16-19% yr/yr) was also above prior Street of $121.5M (+17%), at the midpoint. Importantly, mgmt. provided more color related to the recently announced partnership with WeWork (private), which has already contributed hundreds of new users in the first month since its inception and should contribute more meaningfully to revenue in F2019 as the partnership scales both domestically and internationally. As a result of increased investments related to the new partnership (international infrastructure expansion, company-specific features/functionality, etc.), F2018 EPS was guided to ($0.08)-($0.13), below prior Street of $0.08; however, mgmt. indicated that the company should return to adj. EBITDA profitability as it exits F2018. Given current valuation (trading at only 1.0x C2017 EV/Sales multiple) and our expectations for >+20% subscription revenue growth, we view the risk/reward profile as attractive. Outperform." (3/8/2017)
- 2. According to Zacks Investment Research, "Ooma, Inc. provides communications solutions and other connected services to small business, home and mobile users. The Company's products include Ooma Office for small businesses, Business Promoter, Ooma Telo for home, Ooma end-point devices, Ooma Premier Service for Telo, Talkatone Application as well as caller identification, call-waiting and voice mail services. Ooma, Inc. is based in Palo Alto, United States. " (11/2/2016)
Who are some of Ooma's key competitors?
Some companies that are related to Ooma include Gilat Satellite Networks (GILT), Digi International (DGII), AudioCodes (AUDC), Clearfield (CLFD), CityFibre Infrastructure Holdings PLC (CITY), Airgain (AIRG), TESSCO Technologies Incorporated (TESS), BATM Advanced Communications Ltd (BVC), UTStarcom Holdings Corp (UTSI), Communications Systems (JCS), Lantronix (LTRX), Trakm8 Holdings PLC (TRAK), XG Technology (XGTI), Global Invacom Group Ltd (GINV), Audience (ADNC), CityFibre Infrastructure Holdings PLC (CFHL), Emulex (ELX) and Envivio (ENVI).
Who are Ooma's key executives?
Ooma's management team includes the folowing people:
- Eric B. Stang, Chairman, President, Chief Executive Officer
- Ravi Narula, Chief Financial Officer
- Spencer D. Jackson, Vice President, General Counsel, Secretary
- James A. Gustke, Vice President of Marketing
- Alison Davis, Non-Executive Director
- Andrew H. Galligan, Non-Executive Director
- Peter J. Goettner, Non-Executive Director
- Russell Mann, Non-Executive Director
- William D. Pearce, Non-Executive Director
When did Ooma IPO?
(OOMA) raised $85 million in an initial public offering on Friday, July 17th 2015. The company issued 5,000,000 shares at a price of $16.00-$18.00 per share. Credit Suisse and BofA Merrill Lynch served as the underwriters for the IPO and JMP Securities, William Blair and Wunderlich were co-managers.
Who owns Ooma stock?
Ooma's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (2.08%) and Spark Investment Management LLC (0.59%). Company insiders that own Ooma stock include Equity I LLC Worldview, Eric B Stang, James A Gustke, James Wei, Ravi Narula, Russell Mann and Spencer D Jackson. View Institutional Ownership Trends for Ooma.
Who sold Ooma stock? Who is selling Ooma stock?
Ooma's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. Company insiders that have sold Ooma stock in the last year include Equity I LLC Worldview, James A Gustke, James Wei, Russell Mann and Spencer D Jackson. View Insider Buying and Selling for Ooma.
Who bought Ooma stock? Who is buying Ooma stock?
Ooma's stock was purchased by a variety of institutional investors in the last quarter, including Spark Investment Management LLC. Company insiders that have bought Ooma stock in the last two years include Eric B Stang, Ravi Narula and Spencer D Jackson. View Insider Buying and Selling for Ooma.
How do I buy Ooma stock?
Shares of Ooma can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ooma's stock price today?
MarketBeat Community Rating for Ooma (NYSE OOMA)MarketBeat's community ratings are surveys of what our community members think about Ooma and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Ooma stock can currently be purchased for approximately $8.55.
Consensus Ratings for Ooma (NYSE:OOMA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 2 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$12.30 (43.86% upside)|
Analysts' Ratings History for Ooma (NYSE:OOMA)
(Data available from 7/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/27/2017||Northland Securities||Initiated Coverage||Outperform||$10.50||Medium|
|5/28/2017||B. Riley||Reiterated Rating||Buy||$13.00||High|
|5/24/2017||William Blair||Downgrade||Outperform -> Market Perform||High|
|5/24/2017||Bank of America Corporation||Downgrade||Buy -> Underperform||High|
|5/24/2017||Credit Suisse Group||Downgrade||Outperform -> Neutral||$16.00 -> $12.00||High|
|8/31/2016||JMP Securities||Boost Price Target||Market Outperform||$12.00 -> $14.00||N/A|
|3/11/2016||Wunderlich||Lower Price Target||Buy||$17.00 -> $15.00||N/A|
Earnings History for Ooma (NYSE:OOMA)Earnings History by Quarter for Ooma (NYSE OOMA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/23/2017||Q1 2018||($0.03)||($0.02)||$28.14 million||$27.58 million||View||N/A|
|3/7/2017||Q4 2017||($0.03)||($0.01)||$27.20 million||$27.60 million||View||Listen|
|11/29/2016||Q317||($0.05)||($0.02)||$27.00 million||$27.00 million||View||N/A|
|8/30/2016||Q217||($0.08)||($0.05)||$25.21 million||$25.50 million||View||Listen|
|5/31/2016||Q117||($0.10)||($0.08)||$23.82 million||$24.46 million||View||Listen|
|3/10/2016||Q416||($0.11)||($0.10)||$24.69 million||$24.30 million||View||Listen|
|12/1/2015||Q315||($0.14)||($0.12)||$23.18 million||$23.50 million||View||N/A|
Earnings Estimates for Ooma (NYSE:OOMA)
Current Year EPS Consensus Estimate: $-0.12 EPS
Next Year EPS Consensus Estimate: $0.02 EPS
Dividend History for Ooma (NYSE:OOMA)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Ooma (NYSE:OOMA)
Insider Ownership Percentage: 48.19%Insider Trades by Quarter for Ooma (NYSE:OOMA)
Institutional Ownership Percentage: 73.89%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/29/2017||James A. Gustke||VP||Sell||2,691||$8.18||$22,012.38|| |
|6/20/2017||Spencer D Jackson||VP||Sell||1,587||$8.22||$13,045.14|| |
|5/25/2017||Ravi Narula||CFO||Buy||3,000||$8.30||$24,900.00|| |
|3/24/2017||Equity I L.L.C. Worldview||Major Shareholder||Sell||144,027||$9.77||$1,407,143.79|| |
|3/20/2017||James A. Gustke||VP||Sell||6,000||$9.78||$58,680.00|| |
|1/20/2017||James A Gustke||VP||Sell||6,000||$9.06||$54,360.00|| |
|1/19/2017||James Wei||Director||Sell||3,275,000||$8.30||$27,182,500.00|| |
|12/20/2016||James A Gustke||VP||Sell||6,000||$8.88||$53,280.00|| |
|12/16/2016||Spencer D Jackson||VP||Sell||1,235||$9.20||$11,362.00|| |
|11/21/2016||James A Gustke||VP||Sell||6,000||$8.97||$53,820.00|| |
|10/20/2016||James A Gustke||VP||Sell||6,000||$8.55||$51,300.00|| |
|9/30/2016||Russell Mann||Director||Sell||27,000||$8.80||$237,600.00|| |
|9/29/2016||Spencer D Jackson||VP||Sell||1,500||$9.00||$13,500.00|| |
|9/21/2016||James A Gustke||VP||Sell||11,836||$9.06||$107,234.16|| |
|9/19/2016||James A Gustke||VP||Sell||4,000||$9.01||$36,040.00|| |
|9/16/2016||Spencer D Jackson||VP||Sell||12,720||$9.09||$115,624.80|| |
|9/2/2016||Spencer D Jackson||VP||Sell||2,000||$9.00||$18,000.00|| |
|8/23/2016||James A Gustke||VP||Sell||6,000||$8.20||$49,200.00|| |
|7/20/2016||James A Gustke||VP||Sell||6,000||$8.46||$50,760.00|| |
|7/5/2016||Spencer D Jackson||VP||Sell||6,500||$7.96||$51,740.00|| |
|6/20/2016||James A Gustke||VP||Sell||6,000||$7.94||$47,640.00|| |
|6/1/2016||James A Gustke||VP||Sell||2,000||$7.00||$14,000.00|| |
|5/23/2016||James A Gustke||VP||Sell||4,000||$6.63||$26,520.00|| |
|4/20/2016||James A Gustke||VP||Sell||6,000||$7.23||$43,380.00|| |
|9/28/2015||Eric B Stang||CEO||Buy||7,000||$6.65||$46,550.00|| |
|9/28/2015||Ravi Narula||CFO||Buy||3,000||$7.10||$21,300.00|| |
|9/28/2015||Spencer D Jackson||VP||Buy||1,500||$6.65||$9,975.00|| |
Headline Trends for Ooma (NYSE:OOMA)
Latest Headlines for Ooma (NYSE:OOMA)
|Ooma, Inc. (OOMA) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - July 17 at 11:37 AM
|Ooma, Inc. (NYSE:OOMA) Expected to Post Quarterly Sales of $27.69 Million|
www.americanbankingnews.com - July 14 at 4:24 PM
| Brokerages Expect Ooma, Inc. (NYSE:OOMA) Will Announce Earnings of -$0.20 Per Share|
www.americanbankingnews.com - July 12 at 7:34 AM
|ETFs with exposure to Ooma, Inc. : July 5, 2017|
finance.yahoo.com - July 6 at 7:44 AM
|BRIEF-Tiger Partners Trading reports 6.7 pct passive stake in Ooma|
www.reuters.com - July 2 at 7:23 PM
|Ooma, Inc. (OOMA) VP Sells $22,012.38 in Stock|
www.americanbankingnews.com - June 30 at 10:30 PM
|Ooma, Inc. (OOMA) Now Covered by Analysts at Northland Securities|
www.americanbankingnews.com - June 27 at 11:34 AM
|Ooma Added to Russell 2000® Index|
finance.yahoo.com - June 27 at 7:01 AM
|Spencer D. Jackson Sells 1,587 Shares of Ooma, Inc. (OOMA) Stock|
www.americanbankingnews.com - June 22 at 10:26 PM
|Ooma, Inc. (OOMA) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - June 20 at 10:46 AM
|ETFs with exposure to Ooma, Inc. : June 19, 2017|
finance.yahoo.com - June 19 at 7:43 PM
| Brokerages Anticipate Ooma, Inc. (OOMA) Will Announce Quarterly Sales of $27.74 Million|
www.americanbankingnews.com - June 18 at 10:26 AM
|ETFs with exposure to Ooma, Inc. : June 9, 2017|
finance.yahoo.com - June 9 at 7:15 PM
|Ooma, Inc. :OOMA-US: Earnings Analysis: Q1, 2018 By the Numbers : June 8, 2017|
finance.yahoo.com - June 8 at 7:55 PM
|B. Riley Reaffirms "Buy" Rating for Ooma Inc (OOMA)|
www.americanbankingnews.com - May 28 at 8:56 PM
|Ravi Narula Acquires 3,000 Shares of Ooma Inc (OOMA) Stock|
www.americanbankingnews.com - May 26 at 4:46 PM
|Ooma Inc (OOMA) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - May 26 at 11:17 AM
|Ooma Inc (OOMA) Stock Rating Lowered by ValuEngine|
www.americanbankingnews.com - May 25 at 3:36 PM
|After-Hours Movers 05/23: (TSC) (TLYS) (SPHS) Higher; (ANW) (NBIX) (OOMA) Lower (more...)|
www.streetinsider.com - May 25 at 5:18 AM
|Ooma Q1 Disappoints, Credit Suisse Downgrades Until Execution Improves|
finance.yahoo.com - May 24 at 7:15 PM
|Ooma Inc (OOMA) Cut to "Neutral" at Credit Suisse Group AG|
www.americanbankingnews.com - May 24 at 12:46 PM
|Pre-Open Stock Movers 05/24: (INO) (TCS) (TLYS) Higher; (ANW) (DY) (CHS) Lower (more...)|
www.streetinsider.com - May 24 at 10:14 AM
|William Blair Lowers Ooma Inc (OOMA) to Market Perform|
www.americanbankingnews.com - May 24 at 8:28 AM
|Bank of America Corp Lowers Ooma Inc (OOMA) to Underperform|
www.americanbankingnews.com - May 24 at 8:28 AM
|Ooma Inc (OOMA) Announces Earnings Results|
www.americanbankingnews.com - May 23 at 9:16 PM
|Ooma Reports First Quarter Fiscal Year 2018 Financial Results|
finance.yahoo.com - May 23 at 6:33 PM
|Ooma reports 1Q loss|
finance.yahoo.com - May 23 at 6:33 PM
|Ooma Inc (OOMA) Releases Q2 Earnings Guidance|
www.americanbankingnews.com - May 23 at 5:18 PM
|Ooma Inc (OOMA) Issues FY18 Earnings Guidance|
www.americanbankingnews.com - May 23 at 5:18 PM
|B. Riley Reaffirms Buy Rating for Ooma Inc (OOMA)|
www.americanbankingnews.com - May 23 at 1:52 PM
|Ooma Inc (OOMA) Receives "Buy" Rating from B. Riley|
www.americanbankingnews.com - May 18 at 1:00 PM
|Ooma to Report First Quarter Fiscal 2018 Financial Results on May 23, 2017|
finance.yahoo.com - May 9 at 6:39 PM
|Ooma (OOMA) Getting Somewhat Positive Press Coverage, Study Shows|
www.americanbankingnews.com - May 8 at 11:44 PM
|ETFs with exposure to Ooma, Inc. : May 8, 2017|
finance.yahoo.com - May 8 at 6:30 PM
|Ooma (OOMA) Receives Daily Media Impact Score of 0.11|
www.americanbankingnews.com - May 5 at 10:35 PM
| Analysts Expect Ooma Inc (OOMA) to Post -$0.18 Earnings Per Share|
www.americanbankingnews.com - May 4 at 1:03 AM
|Ooma (OOMA) Receives Daily Media Sentiment Score of -0.12|
www.americanbankingnews.com - May 1 at 3:44 PM
|Ooma Inc (OOMA) Receives Average Rating of "Buy" from Brokerages|
www.americanbankingnews.com - May 1 at 2:30 PM
|Ooma Inc (OOMA) Expected to Announce Quarterly Sales of $28.1 Million|
www.americanbankingnews.com - April 30 at 9:38 AM
|Zacks: Analysts Expect Ooma Inc (OOMA) Will Announce Earnings of -$0.18 Per Share|
www.americanbankingnews.com - April 28 at 9:11 AM
|ETFs with exposure to Ooma, Inc. : April 27, 2017|
finance.yahoo.com - April 27 at 7:32 PM
|Ooma (OOMA) Receiving Somewhat Positive Media Coverage, AlphaOne Reports|
www.americanbankingnews.com - April 22 at 1:59 PM
|ETFs with exposure to Ooma, Inc. : April 17, 2017|
finance.yahoo.com - April 17 at 6:11 PM
|Ooma (OOMA) Earns Coverage Optimism Rating of 0.13|
www.americanbankingnews.com - April 14 at 11:29 PM
|Ooma, Inc. :OOMA-US: Earnings Analysis: Q4, 2017 By the Numbers : April 13, 2017|
finance.yahoo.com - April 13 at 6:49 PM
|Zacks: Analysts Anticipate Ooma Inc (OOMA) Will Post Earnings of -$0.18 Per Share|
www.americanbankingnews.com - April 7 at 5:57 PM
|Ooma to Provide Ooma Office Business Phone Service in France|
finance.yahoo.com - April 7 at 11:43 AM
|BRIEF-Woodson Capital Management LP reports a 5.1 percent passive stake in Ooma Inc|
www.reuters.com - April 3 at 9:29 AM
|Ooma Inc (OOMA) Major Shareholder Sells $1,407,143.79 in Stock|
www.americanbankingnews.com - March 24 at 10:16 PM
|Ooma Inc (OOMA) VP James A. Gustke Sells 6,000 Shares|
www.americanbankingnews.com - March 22 at 10:46 PM
Ooma (OOMA) Chart for Thursday, July, 27, 2017