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NASDAQ:RBBN

Ribbon Communications (RBBN) Stock Price, News & Analysis

$2.91
-0.11 (-3.64%)
(As of 09/6/2024 ET)
Today's Range
$2.91
$3.06
50-Day Range
$2.83
$3.92
52-Week Range
$1.78
$3.95
Volume
203,494 shs
Average Volume
210,664 shs
Market Capitalization
$507.88 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.83

Ribbon Communications MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
100.5% Upside
$5.83 Price Target
Short Interest
Healthy
1.09% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.02
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
38.46%
From $0.13 to $0.18 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.15 out of 5 stars

Computer And Technology Sector

162nd out of 594 stocks

Computer Integrated Systems Design Industry

7th out of 34 stocks

RBBN stock logo

About Ribbon Communications Stock (NASDAQ:RBBN)

Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products, solutions, and services for voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications, and unified communications and collaboration. It also offers session border controllers; and network transformation products, such as signaling products, call controllers, media gateways, and application servers. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. The IP Optical Networks segment provides hardware and software products and solutions for IP networking, switching, routing, and optical transport for technologies, such as 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, multi-service access, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.

RBBN Stock Price History

RBBN Stock News Headlines

Ribbon Communications Inc.
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
RBBN Sep 2024 7.500 call (RBBN240920C00007500)
Ribbon CFO Mick Lopez to Retire in 4th Quarter 2024
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
Update: RBBN, July 25
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Today
9/07/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:RBBN
CUSIP
83591610
Employees
3,107
Year Founded
2017

Price Target and Rating

Average Stock Price Target
$5.83
High Stock Price Target
$6.50
Low Stock Price Target
$5.00
Potential Upside/Downside
+100.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-66,210,000.00
Pretax Margin
-5.58%

Debt

Sales & Book Value

Annual Sales
$826.34 million
Cash Flow
$0.49 per share
Book Value
$2.32 per share

Miscellaneous

Free Float
170,258,000
Market Cap
$507.88 million
Optionable
Optionable
Beta
1.09

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Key Executives

  • Mr. Bruce W. McClelland (Age 57)
    President, CEO & Director
    Comp: $782.7k
  • Mr. Miguel A. Lopez Ben (Age 64)
    Executive VP & CFO
    Comp: $542.19k
  • Mr. Salvatore Bucci (Age 59)
    Executive VP & COO
    Comp: $498.46k
  • Mr. Patrick W. Macken (Age 50)
    Executive VP, Chief Legal Officer & Corporate Secretary
    Comp: $520.58k
  • Mr. Dan Redington (Age 57)
    Executive Vice President of Global Sales
    Comp: $487.15k
  • Mr. Jamie Gibson
    Vice President of Technology & Sales Engineering
  • Ms. Joni Roberts
    Chief Marketing Officer & Senior VP
  • Ms. Petrena Ferguson
    Senior Vice President of Human Resources
  • Mr. David Stokes
    Head of IP Solutions & IP Portfolio Marketing

RBBN Stock Analysis - Frequently Asked Questions

How have RBBN shares performed this year?

Ribbon Communications' stock was trading at $2.90 at the beginning of 2024. Since then, RBBN shares have increased by 0.3% and is now trading at $2.91.
View the best growth stocks for 2024 here
.

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc. (NASDAQ:RBBN) posted its earnings results on Wednesday, July, 24th. The communications equipment provider reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by $0.01. The communications equipment provider earned $192.62 million during the quarter, compared to the consensus estimate of $203.05 million. Ribbon Communications had a positive trailing twelve-month return on equity of 5.32% and a negative net margin of 6.68%.

Does Ribbon Communications have any subsidiaries?

The following companies are subsidiaries of Ribbon Communications: ECI Telecom.

Who are Ribbon Communications' major shareholders?

Ribbon Communications' top institutional shareholders include Paradigm Capital Management Inc. NY (6.04%), Dimensional Fund Advisors LP (3.31%), Brandes Investment Partners LP (0.43%) and Bank of New York Mellon Corp (0.25%). Insiders that own company stock include Chase & Co Jpmorgan, Bruce William Mcclelland, Miguel A Lopez, Sam Bucci, Dan Redington and Swarth Investments Ltd.
View institutional ownership trends
.

How do I buy shares of Ribbon Communications?

Shares of RBBN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ribbon Communications own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ribbon Communications investors own include Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), NVIDIA (NVDA), Overstock.com (OSTK), Enphase Energy (ENPH) and Amyris (AMRS).

This page (NASDAQ:RBBN) was last updated on 9/7/2024 by MarketBeat.com Staff

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