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1 Comment
Ribbon Communications Inc is currently in a long term uptrend where the price is trading 4.9% above its 200 day moving average.
From a valuation standpoint, the stock is 92.5% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 1.4.
Ribbon Communications Inc's total revenue rose by 51.6% to $244M since the same quarter in the previous year.
Its net income has increased by 182.3% to $124M since the same quarter in the previous year.
Finally, its free cash flow fell by 8.3% to $28M since the same quarter in the previous year.
Based on the above factors, Ribbon Communications Inc gets an overall score of 4/5.
Industry | Telecom Services |
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Sector | Communication Services |
CurrencyCode | USD |
ISIN | US7625441040 |
Exchange | NASDAQ |
PE Ratio | None |
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Target Price | 5.9 |
Market Cap | 499M |
Beta | 1.09 |
Dividend Yield | 0.0% |
Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products; and solutions and services for enabling voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications and unified communications and collaboration. It also offers session border controller and network transformation products. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. It also provides multiple solutions for VoIP, VoLTE, VoNR, and UC&C in network, on-premises, or via the telco cloud. The IP Optical Networks segment provides hardware and software solutions for IP networking, switching, routing, and optical transport to support and enable technologies, such as 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, legacy NTR, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. It also provides advanced analytics solutions and next generation products that provides cloud-native and streaming analytics platform for networks and subscribers. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.
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