Sangoma Technologies (SANG) Stock Price, News & Analysis

Company Overview

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. It offers SIP Trunking, a telephone service for one or multiple locations; PBXact Cloud, a centralized internet based solution; Asterisk and FreePBX, an open source IP PBX software; and FAXStation, a fax-over-IP solution. In addition, the company provides desk phone, DECT phones, and headset related products. Further, it offers VoIP gateways, session border controllers, telephony card, and managed service provider services. Sangoma Technologies Corporation was founded in 1984 and is headquartered in Markham, Canada.

Key Stats

• Today's Range: $6.10 to $6.43
• 50-Day Range: $5.17 to $6.21
• 52-Week Range: $2.18 to $6.43
• Volume: 14,588 shs
• Average Volume: 5,776 shs
• Market Capitalization: $207.04 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.25
• Consensus Rating: Hold

Sangoma Technologies Stock Analysis - MarketRank™

Sangoma Technologies scored higher than 23% of companies evaluated by MarketBeat, and ranked 581st out of 667 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Sangoma Technologies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sangoma Technologies has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Sangoma Technologies are expected to grow in the coming year, from ($0.07) to $0.09 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sangoma Technologies is -23.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sangoma Technologies is -23.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Sangoma Technologies has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.05% of the float of Sangoma Technologies has been sold short.

Short Interest Ratio / Days to Cover

Sangoma Technologies has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sangoma Technologies has recently decreased by 5.88%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sangoma Technologies does not currently pay a dividend.

Dividend Growth

Sangoma Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.05% of the float of Sangoma Technologies has been sold short.

Short Interest Ratio / Days to Cover

Sangoma Technologies has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sangoma Technologies has recently decreased by 5.88%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.25

News Sentiment

Sangoma Technologies has a news sentiment score of -0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Sangoma Technologies this week, compared to 1 article on an average week.

Search Interest

2 people have searched for SANG on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Sangoma Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Sangoma Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

14.00% of the stock of Sangoma Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 39.65% of the stock of Sangoma Technologies is held by institutions.

SANG Stock Analysis - Frequently Asked Questions

How have SANG shares performed this year?

Sangoma Technologies' stock was trading at $3.20 on January 1st, 2024. Since then, SANG stock has increased by 94.1% and is now trading at $6.21.
View the best growth stocks for 2024 here.

How were Sangoma Technologies' earnings last quarter?

Sangoma Technologies Co. (NASDAQ:SANG) posted its quarterly earnings data on Wednesday, September, 18th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.04) by $0.01. The business earned $60.93 million during the quarter, compared to the consensus estimate of $60.89 million. Sangoma Technologies had a negative net margin of 3.50% and a negative trailing twelve-month return on equity of 3.31%.

Who are Sangoma Technologies' major shareholders?

Top institutional investors of Sangoma Technologies include Intact Investment Management Inc. (0.86%) and Unique Wealth LLC (0.27%).

How do I buy shares of Sangoma Technologies?

Shares of SANG 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 Sangoma Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sangoma Technologies investors own include NVIDIA (NVDA), Broadcom (AVGO), Adobe (ADBE), Arista Networks (ANET), CrowdStrike (CRWD), Jabil (JBL) and Meta Platforms (META).

Company Calendar

• Last Earnings: 9/18/2024
• Today: 11/01/2024
• Next Earnings (Confirmed): 11/06/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:SANG
• CUSIP: N/A
• CIK: 1753368
• Web: www.sangoma.com
• Phone: (905) 474-1990
• Fax: N/A
• Employees: 730
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.25
• High Stock Price Target: $3.25
• Low Stock Price Target: $3.25
• Potential Upside/Downside: -47.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-8,660,000.00
• Net Margins: -3.50%
• Pretax Margin: -3.84%
• Return on Equity: -3.31%
• Return on Assets: -2.08%

Debt

• Debt-to-Equity Ratio: 0.26
• Current Ratio: 0.95
• Quick Ratio: 0.70

Sales & Book Value

• Annual Sales: $247.28 million
• Price / Sales: 0.84
• Cash Flow: $0.90 per share
• Price / Cash Flow: 6.89
• Book Value: $7.79 per share
• Price / Book: 0.80

Miscellaneous

• Outstanding Shares: 33,340,000
• Free Float: 28,672,000
• Market Cap: $207.04 million
• Optionable: Not Optionable
• Beta: 1.48