Sangoma Technologies Co. (NASDAQ:SANG - Free Report) - Equities research analysts at Northland Capmk lowered their FY2025 EPS estimates for Sangoma Technologies in a report issued on Thursday, November 7th. Northland Capmk analyst M. Latimore now forecasts that the company will post earnings of ($0.03) per share for the year, down from their previous forecast of ($0.02). The consensus estimate for Sangoma Technologies' current full-year earnings is ($0.07) per share. Northland Capmk also issued estimates for Sangoma Technologies' Q4 2025 earnings at $0.04 EPS.
Sangoma Technologies Trading Down 1.8 %
Shares of NASDAQ SANG traded down $0.12 during midday trading on Monday, hitting $6.37. 3,697 shares of the company traded hands, compared to its average volume of 7,319. The firm has a market cap of $212.38 million, a P/E ratio of -25.96 and a beta of 1.45. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.70 and a current ratio of 0.91. Sangoma Technologies has a 12-month low of $2.18 and a 12-month high of $6.75. The stock has a 50-day moving average price of $5.74 and a 200 day moving average price of $5.29.
Sangoma Technologies (NASDAQ:SANG - Get Free Report) last announced its quarterly earnings results on Wednesday, September 18th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.01). Sangoma Technologies had a negative net margin of 3.32% and a negative return on equity of 3.12%. The company had revenue of $60.93 million for the quarter, compared to analysts' expectations of $60.89 million. During the same quarter in the prior year, the firm earned ($0.04) EPS.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in SANG. Acadian Asset Management LLC bought a new position in Sangoma Technologies during the second quarter valued at approximately $188,000. Unique Wealth LLC purchased a new stake in Sangoma Technologies during the second quarter valued at approximately $427,000. Bard Associates Inc. increased its holdings in Sangoma Technologies by 8.8% during the third quarter. Bard Associates Inc. now owns 88,161 shares of the company's stock valued at $474,000 after buying an additional 7,141 shares during the last quarter. Hillsdale Investment Management Inc. purchased a new stake in Sangoma Technologies during the first quarter valued at approximately $765,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in Sangoma Technologies by 28.1% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 145,833 shares of the company's stock valued at $808,000 after buying an additional 32,000 shares during the last quarter. Institutional investors own 39.65% of the company's stock.
About Sangoma Technologies
(
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Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a voice over internet protocol phone system; Switchvox Cloud, a unified communications solution, as well as provides cloud communication solutions.
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