Ribbon Communications Inc. (NASDAQ: RBBN) started the day on March 02, 2021, with a price decrease of -4.21% at $8.41. During the day, the stock rose to $9.03 and sunk to $8.20 before settling in for the price of $8.78 at the close. Taking a more long-term approach, RBBN posted a 52-week range of $1.95-$11.25.
The Communication Services Sector giants’ yearly sales growth during the last 5-year period was 13.70%. Meanwhile, its Annual Earning per share during the time was -28.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -60.40%. This publicly-traded company’s shares outstanding now amounts to $144.95 million, simultaneously with a float of $116.79 million. The organization now has a market capitalization sitting at $1.29 billion. At the time of writing, stock’s 50-day Moving Average stood at $7.94, while the 200-day Moving Average is $5.36.
Let’s gauge the efficiency of the firm, which has a total of 2209 employees. For the Profitability, stocks gross margin was +51.22, operating margin was +4.16 and Pretax Margin of +11.06.
Ribbon Communications Inc. (RBBN) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Telecom Services Industry. Ribbon Communications Inc.’s current insider ownership accounts for 0.30%, in contrast to 68.50% institutional ownership. According to the most recent insider trade that took place on Mar 02, this organization’s EVP & GM, IP Optical Networks sold 10,000 shares at the rate of 8.59, making the entire transaction reach 85,944 in total value, affecting insider ownership by 57,947. Preceding that transaction, on Mar 01, Company’s EVP & GM, IP Optical Networks sold 7,500 for 8.83, making the whole transaction’s value amount to 66,188. This particular insider is now the holder of 67,947 in total.
Ribbon Communications Inc. (RBBN) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2020, the organization reported $0.18 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.14) by $0.04. This company achieved a net margin of +10.50 while generating a return on equity of 15.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
Ribbon Communications Inc.’s EPS decrease for this current 12-month fiscal period is -60.40% and is forecasted to reach 0.57 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.00% through the next 5 years, which can be compared against the -28.70% growth it accomplished over the previous five years trading on the market.
Ribbon Communications Inc. (NASDAQ: RBBN) Trading Performance Indicators
Let’s observe the current performance indicators for Ribbon Communications Inc. (RBBN). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.67. Alongside those numbers, its PE Ratio stands at $16.27, and its Beta score is 1.17. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.53. Similarly, its price to free cash flow for trailing twelve months is now 29.52.
In the same vein, RBBN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.52, a figure that is expected to reach 0.02 in the next quarter, and analysts are predicting that it will be 0.57 at the market close of one year from today.
Technical Analysis of Ribbon Communications Inc. (RBBN)
If we take a close look at the recent performances of Ribbon Communications Inc. (NASDAQ: RBBN), its last 5-days Average volume was 2.43 million that shows progress from its year to date volume of 0.92 million. During the previous 9 days, stock’s Stochastic %D was recorded 9.06% While, its Average True Range was 0.68.
Raw Stochastic average of Ribbon Communications Inc. (RBBN) in the period of the previous 100 days is set at 62.78%, which indicates a major rise in contrast to 6.89% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 66.21% that was lower than 67.34% volatility it exhibited in the past 100-days period.