In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Ribbon Communications Inc (NASDAQ: RBBN) closed at $4.06 up 1.00% from its previous closing price of $4.02. In other words, the price has increased by $1.00 from its previous closing price. On the day, 0.68 million shares were traded. RBBN stock price reached its highest trading level at $4.105 during the session, while it also had its lowest trading level at $4.0.
Ratios:
For a deeper understanding of Ribbon Communications Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 60.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 1.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Rosenblatt on July 11, 2024, initiated with a Buy rating and assigned the stock a target price of $5.
On July 19, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $5.50.Craig Hallum initiated its Buy rating on July 19, 2023, with a $5.50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 09 ’25 when JPMORGAN CHASE & CO bought 14 shares for $3.67 per share. The transaction valued at 51 led to the insider holds 52,036,586 shares of the business.
INFANTE BEATRIZ V sold 5,790 shares of RBBN for $17,602 on Sep 13 ’24. The Director now owns 303,549 shares after completing the transaction at $3.04 per share. On Sep 13 ’24, another insider, INFANTE BEATRIZ V, who serves as the Director of the company, bought 5,790 shares for $3.04 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RBBN now has a Market Capitalization of 718952896 and an Enterprise Value of 1067756288. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 1.94. Its current Enterprise Value per Revenue stands at 1.237 whereas that against EBITDA is 11.292.
Stock Price History:
The Beta on a monthly basis for RBBN is 1.39, which has changed by 0.38095236 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, RBBN has reached a high of $5.38, while it has fallen to a 52-week low of $2.84. The 50-Day Moving Average of the stock is 3.83%, while the 200-Day Moving Average is calculated to be 3.63%.
Shares Statistics:
For the past three months, RBBN has traded an average of 556.14K shares per day and 549250 over the past ten days. A total of 177.16M shares are outstanding, with a floating share count of 144.31M. Insiders hold about 18.51% of the company’s shares, while institutions hold 72.95% stake in the company. Shares short for RBBN as of 1753920000 were 2805004 with a Short Ratio of 5.04, compared to 1751241600 on 2213851. Therefore, it implies a Short% of Shares Outstanding of 2805004 and a Short% of Float of 2.9899999999999998.
Earnings Estimates
The current rating of Ribbon Communications Inc (RBBN) reflects the combined expertise of 6.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.16, with high estimates of $0.18 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.26 and $0.21 for the fiscal current year, implying an average EPS of $0.25. EPS for the following year is $0.34, with 6.0 analysts recommending between $0.37 and $0.3.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $220.04M this quarter.It ranges from a high estimate of $220.75M to a low estimate of $219.72M. As of the current estimate, Ribbon Communications Inc’s year-ago sales were $210.24MFor the next quarter, 6 analysts are estimating revenue of $254.97M. There is a high estimate of $258.79M for the next quarter, whereas the lowest estimate is $247.49M.
A total of 6 analysts have provided revenue estimates for RBBN’s current fiscal year. The highest revenue estimate was $880.37M, while the lowest revenue estimate was $870.1M, resulting in an average revenue estimate of $876.87M. In the same quarter a year ago, actual revenue was $833.88MBased on 6 analysts’ estimates, the company’s revenue will be $925.29M in the next fiscal year. The high estimate is $937.36M and the low estimate is $900.84M.