Ooma, Inc. (NYSE:OOMA – Get Free Report) has earned a consensus rating of “Moderate Buy” from the five brokerages that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $14.50.
Separately, JMP Securities reissued a “market perform” rating on shares of Ooma in a report on Wednesday, August 28th.
Check Out Our Latest Report on OOMA
Institutional Trading of Ooma
Ooma Stock Performance
OOMA opened at $12.10 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.15 and a debt-to-equity ratio of 0.10. The stock has a market cap of $324.28 million, a price-to-earnings ratio of -63.68 and a beta of 0.93. Ooma has a 12-month low of $6.50 and a 12-month high of $12.43. The business has a 50 day moving average of $10.94 and a 200-day moving average of $9.33.
Ooma (NYSE:OOMA – Get Free Report) last released its quarterly earnings data on Tuesday, August 27th. The technology company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.01. The firm had revenue of $64.13 million for the quarter, compared to the consensus estimate of $62.72 million. Ooma had a negative net margin of 2.04% and a negative return on equity of 2.22%. On average, equities research analysts expect that Ooma will post -0.1 earnings per share for the current year.
Ooma Company Profile
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.
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