
Ribbon Communications Inc. (NASDAQ:RBBN – Free Report) – Analysts at Northland Securities issued their Q1 2027 earnings per share (EPS) estimates for shares of Ribbon Communications in a research report issued to clients and investors on Wednesday, October 28th. Northland Securities analyst T. Savageaux anticipates that the communications equipment provider will earn ($0.06) per share for the quarter. The consensus estimate for Ribbon Communications’ current full-year earnings is ($0.05) per share. Northland Securities also issued estimates for Ribbon Communications’ Q2 2027 earnings at ($0.02) EPS, Q3 2027 earnings at $0.02 EPS, Q4 2027 earnings at $0.08 EPS and FY2027 earnings at $0.01 EPS.
Ribbon Communications (NASDAQ:RBBN – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The communications equipment provider reported $0.07 EPS for the quarter, beating the consensus estimate of $0.04 by $0.03. The company had revenue of $218.71 million during the quarter, compared to the consensus estimate of $221.75 million. Ribbon Communications had a return on equity of 20.22% and a net margin of 2.32%. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.04 EPS.
Other research analysts have also issued reports about the stock. B. Riley Financial restated a “buy” rating and set a $3.10 price objective (down from $3.30) on shares of Ribbon Communications in a research note on Wednesday. CL King set a $3.30 target price on shares of Ribbon Communications in a research note on Wednesday, July 29th. Rosenblatt Securities cut their target price on shares of Ribbon Communications from $2.20 to $1.80 and set a “neutral” rating for the company in a research note on Wednesday. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Ribbon Communications in a report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $3.20.
Check Out Our Latest Analysis on RBBN
Ribbon Communications Stock Performance
Shares of RBBN stock opened at $1.63 on Friday. The stock has a market cap of $291.48 million, a P/E ratio of 3.47 and a beta of 1.37. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.31 and a quick ratio of 1.03. The company has a fifty day moving average price of $1.75 and a two-hundred day moving average price of $2.25. Ribbon Communications has a one year low of $1.28 and a one year high of $3.55.
Institutional Trading of Ribbon Communications
Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of Ribbon Communications in the second quarter valued at approximately $16,723,000. Paradigm Capital Management Inc. NY bought a new position in shares of Ribbon Communications during the second quarter worth approximately $7,105,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Ribbon Communications during the 2nd quarter worth approximately $5,179,000. Bank of New York Mellon Corp acquired a new stake in Ribbon Communications during the 2nd quarter worth approximately $889,000. Finally, Squarepoint Ops LLC bought a new stake in Ribbon Communications in the 2nd quarter valued at $448,000. Institutional investors own 70.92% of the company’s stock.
About Ribbon Communications
Ribbon Communications Inc (NASDAQ: RBBN) provides communications software, networking solutions and related services for service providers, enterprises and government organizations. The company helps customers build, operate and secure voice, data and unified communications networks across cloud, IP and optical environments.
Ribbon’s offerings include session border controllers, voice and unified communications platforms, signaling and routing solutions, policy and analytics tools, and software designed to support cloud communications and 5G networks.
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