
Ribbon Communications Inc. (NASDAQ:RBBN – Free Report) – Investment analysts at Northland Securities lowered their FY2026 EPS estimates for shares of Ribbon Communications in a research note issued on Wednesday, July 29th. Northland Securities analyst T. Savageaux now forecasts that the communications equipment provider will earn ($0.05) per share for the year, down from their prior forecast of $0.04. The consensus estimate for Ribbon Communications’ current full-year earnings is $0.02 per share.
Ribbon Communications (NASDAQ:RBBN – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The communications equipment provider reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.02). Ribbon Communications had a net margin of 1.96% and a return on equity of 19.70%. The company had revenue of $192.34 million for the quarter, compared to analyst estimates of $189.99 million. During the same period in the prior year, the company posted $0.05 EPS. The firm’s quarterly revenue was down 13.0% on a year-over-year basis.
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Ribbon Communications Price Performance
Shares of Ribbon Communications stock opened at $2.12 on Tuesday. The firm has a market cap of $373.42 million, a P/E ratio of 26.50 and a beta of 1.36. The firm’s 50-day simple moving average is $2.45 and its 200-day simple moving average is $2.44. Ribbon Communications has a twelve month low of $1.80 and a twelve month high of $4.24. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.09 and a current ratio of 1.37.
Institutional Trading of Ribbon Communications
Hedge funds and other institutional investors have recently modified their holdings of the stock. State Street Corp raised its stake in shares of Ribbon Communications by 0.3% in the 4th quarter. State Street Corp now owns 2,099,793 shares of the communications equipment provider’s stock valued at $6,047,000 after purchasing an additional 5,280 shares during the period. Alliancebernstein L.P. raised its position in Ribbon Communications by 5.3% in the 3rd quarter. Alliancebernstein L.P. now owns 119,317 shares of the communications equipment provider’s stock valued at $453,000 after buying an additional 6,000 shares during the last quarter. Susquehanna Fundamental Investments LLC lifted its stake in Ribbon Communications by 65.8% in the 3rd quarter. Susquehanna Fundamental Investments LLC now owns 18,401 shares of the communications equipment provider’s stock valued at $70,000 after acquiring an additional 7,301 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Ribbon Communications by 453.3% in the second quarter. Tower Research Capital LLC TRC now owns 10,025 shares of the communications equipment provider’s stock valued at $40,000 after purchasing an additional 8,213 shares during the last quarter. Finally, Prelude Capital Management LLC lifted its position in shares of Ribbon Communications by 38.3% in the third quarter. Prelude Capital Management LLC now owns 32,838 shares of the communications equipment provider’s stock worth $125,000 after purchasing an additional 9,100 shares in the last quarter. Institutional investors and hedge funds own 70.92% of the company’s stock.
About Ribbon Communications
Ribbon Communications Inc is a global provider of real-time communications software and network solutions for service providers and enterprises. The company’s offerings address the full life cycle of voice, video and data transmission across fixed, mobile and cloud environments. Ribbon’s technology portfolio is designed to enable secure, intelligent and interoperable communications in applications such as unified communications, contact centers, wholesale VoIP interconnect and next-generation 5G networks.
Ribbon’s product suite includes session border controllers (SBCs), which secure and interwork IP voice and multimedia sessions; Diameter signaling controllers for 4G/5G policy and charging control; network edge virtualization platforms; and analytics engines for service assurance and fraud management.
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