Ooma (OOMA) Earns Daily Media Sentiment Rating of 0.14
Headlines about Ooma (NYSE:OOMA) have been trending somewhat positive on Tuesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ooma earned a news impact score of 0.14 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 45.59627132654 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Ooma : Oomas Talkatone Introduces Enhanced Texting and Calling Features (4-traders.com)
- Ooma, Inc. (OOMA) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Ooma’s Talkatone Introduces Enhanced Texting and Calling Features (finance.yahoo.com)
Several analysts have recently commented on OOMA shares. Northland Securities reaffirmed a “buy” rating and set a $10.75 price objective on shares of Ooma in a research report on Wednesday, October 4th. B. Riley reaffirmed a “buy” rating and set a $13.00 price objective on shares of Ooma in a research report on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $11.92.
Shares of Ooma (NYSE OOMA) traded up 1.94% during mid-day trading on Tuesday, hitting $10.50. 57,580 shares of the stock traded hands. Ooma has a 52 week low of $7.30 and a 52 week high of $12.30. The stock’s market cap is $193.96 million. The firm’s 50-day moving average is $10.29 and its 200-day moving average is $10.29.
Ooma (NYSE:OOMA) last issued its quarterly earnings results on Thursday, August 24th. The technology company reported ($0.20) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.16). The firm had revenue of $28.20 million during the quarter, compared to analysts’ expectations of $27.72 million. Ooma had a negative return on equity of 30.96% and a negative net margin of 11.48%. Ooma’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the previous year, the company earned ($0.05) earnings per share. On average, analysts forecast that Ooma will post ($0.10) earnings per share for the current year.
In related news, VP James A. Gustke sold 5,000 shares of the company’s stock in a transaction on Monday, September 18th. The stock was sold at an average price of $9.81, for a total value of $49,050.00. Following the sale, the vice president now directly owns 196,333 shares of the company’s stock, valued at $1,926,026.73. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Russell Mann sold 32,500 shares of the company’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $10.46, for a total value of $339,950.00. Following the completion of the sale, the director now directly owns 81,279 shares in the company, valued at $850,178.34. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 66,371 shares of company stock worth $671,551. 11.42% of the stock is owned by insiders.
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Ooma Company Profile
Ooma, Inc is a United States-based company, which offers Ooma, a communications platform for small businesses and consumers. Ooma serves as a communications hub, which offers cloud-based telephony, Internet security, home monitoring and other connected services. Ooma combines PureVoice high definition (HD) call quality features with mobile applications anytime, anywhere calling.
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