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NYSE:OOMA

Ooma (OOMA) Stock Price, News & Analysis

Ooma logo
$14.18 -0.19 (-1.32%)
(As of 12/23/2024 05:26 PM ET)

About Ooma Stock (NYSE:OOMA)

Key Stats

Today's Range
$14.13
$14.46
50-Day Range
$11.76
$16.04
52-Week Range
$6.50
$17.00
Volume
79,880 shs
Average Volume
109,863 shs
Market Capitalization
$382.86 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.60
Consensus Rating
Moderate Buy

Company Overview

Ooma, Inc. provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Connect, which delivers fixed wireless internet connectivity; and Ooma Enterprise, a unified-communications-as-a-service (UCaaS) solution. It also provides Ooma AirDial, a plain old telephone service; PureVoice HD, a residential phone services; Ooma basic that provides unlimited personal calling within the United States; and Ooma Premier, a suite of advanced calling features on a monthly or annual subscription basis. In addition, the company offers Ooma Telo, a home communications solution designed to serve as the primary phone line in the home; Ooma Telo Air, a wireless Ooma Telo with built-in Wi-Fi and Bluetooth; and Ooma Telo LTE, which combines the Ooma Telo base station with the Ooma LTE Adapter and battery back-up. Further, it provides Ooma Mobile HD app that allows users to make and receive phone calls and access Ooma features and settings; 2600Hz provides business communication applications; Talkatone mobile app; and OnSIP, an UCaaS solutions. The company offers its products through direct sales, distributors, retailers, and resellers, as well as online and sale representatives. Ooma, Inc. was incorporated in 2003 and is headquartered in Sunnyvale, California.

Ooma Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
34th Percentile Overall Score

OOMA MarketRank™: 

Ooma scored higher than 34% of companies evaluated by MarketBeat, and ranked 503rd out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ooma has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Ooma has only been the subject of 4 research reports in the past 90 days.

  • Read more about Ooma's stock forecast and price target.
  • Earnings Growth

    Earnings for Ooma are expected to grow in the coming year, from ($0.06) to $0.01 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ooma is -38.32, 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 Ooma is -38.32, 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

    Ooma has a P/B Ratio of 4.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.75% of the outstanding shares of Ooma have been sold short.
  • Short Interest Ratio / Days to Cover

    Ooma has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Ooma has recently increased by 1.57%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Ooma does not currently pay a dividend.

  • Dividend Growth

    Ooma does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.75% of the outstanding shares of Ooma have been sold short.
  • Short Interest Ratio / Days to Cover

    Ooma has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Ooma has recently increased by 1.57%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Ooma has a news sentiment score of 0.15. 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 0.57 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Ooma this week, compared to 3 articles on an average week.
  • Search Interest

    5 people have searched for OOMA on MarketBeat in the last 30 days.
  • MarketBeat Follows

    1 people have added Ooma to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ooma insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,413,132.00 in company stock.

  • Percentage Held by Insiders

    Only 9.76% of the stock of Ooma is held by insiders.

  • Percentage Held by Institutions

    80.42% of the stock of Ooma is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ooma's insider trading history.
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OOMA Stock News Headlines

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OOMA Stock Analysis - Frequently Asked Questions

Ooma's stock was trading at $10.73 at the beginning of 2024. Since then, OOMA shares have increased by 32.2% and is now trading at $14.18.
View the best growth stocks for 2024 here
.

Ooma, Inc. (NYSE:OOMA) released its quarterly earnings results on Tuesday, May, 28th. The technology company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.11 by $0.14. The technology company had revenue of $62.50 million for the quarter, compared to the consensus estimate of $61.85 million. Ooma had a negative trailing twelve-month return on equity of 2.51% and a negative net margin of 3.83%.

The following companies are subsidiaries of Ooma: Broadsmart Global, Voxter, Butterfleye, Talkatone, Broadsmart Global Inc., Ooma Australia Pty Ltd., Ooma Canada Inc., and more.

Ooma (OOMA) raised $85 million in an IPO on Friday, July 17th 2015. The company issued 5,000,000 shares at a price of $16.00-$18.00 per share. Credit Suisse and BofA Merrill Lynch served as the underwriters for the IPO and JMP Securities, William Blair and Wunderlich were co-managers.

Top institutional investors of Ooma include Geode Capital Management LLC (2.04%), State Street Corp (1.78%), Jacobs Levy Equity Management Inc. (0.67%) and Perkins Capital Management Inc. (0.63%). Insiders that own company stock include Eric B Stang, Andrew H Galligan, Shigeyuki Hamamatsu, William D Pearce and James A Gustke.
View institutional ownership trends
.

Shares of OOMA 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ooma investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and First Solar (FSLR).

Company Calendar

Last Earnings
5/28/2024
Today
12/24/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Business Services
Fax
N/A
Employees
1,221
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$16.60
High Stock Price Target
$18.00
Low Stock Price Target
$14.50
Potential Upside/Downside
+17.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-830,000.00
Pretax Margin
-3.23%

Debt

Sales & Book Value

Annual Sales
$253.43 million
Cash Flow
$0.42 per share
Book Value
$3.09 per share

Miscellaneous

Free Float
24,365,000
Market Cap
$382.86 million
Optionable
Optionable
Beta
0.94

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This page (NYSE:OOMA) was last updated on 12/24/2024 by MarketBeat.com Staff
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