NASDAQ:SANG

Sangoma Technologies (SANG) Stock Price, News & Analysis

$4.33
-0.21 (-4.63%)
(As of 04/22/2024 ET)
Today's Range
$4.33
$4.61
50-Day Range
$3.64
$4.98
52-Week Range
$2.18
$4.98
Volume
2,026 shs
Average Volume
8,386 shs
Market Capitalization
$103.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.83

Sangoma Technologies MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
11.6% Upside
$4.83 Price Target
Short Interest
Healthy
0.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.25) to ($0.03) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.96 out of 5 stars

Computer And Technology Sector

566th out of 592 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

55th out of 59 stocks

SANG stock logo

About Sangoma Technologies Stock (NASDAQ:SANG)

Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a voice over internet protocol phone system; Switchvox Cloud, a unified communications solution, as well as provides cloud communication solutions. It offers SIP Trunking, a telephone service for one or multiple locations; PBXact Cloud, a centralized internet based solution; Asterisk and FreePBX, an open source IP PBX software; and FAXStation, a fax-over-IP solution. In addition, the company provides desk phone, DECT phones, and headset related products. Further, it offers VoIP gateways, session border controllers, telephony card, and managed service provider services. Sangoma Technologies Corporation was founded in 1984 and is headquartered in Markham, Canada.

SANG Stock Price History

SANG Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Sangoma Technologies
Morning News Call - Canada, September 27
Preview: Sangoma Technologies's Earnings
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
4/23/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:SANG
Fax
N/A
Employees
748
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.83
High Stock Price Target
$8.00
Low Stock Price Target
$3.25
Potential Upside/Downside
+11.6%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-29,030,000.00
Pretax Margin
-13.67%

Debt

Sales & Book Value

Annual Sales
$252.53 million
Cash Flow
$1.28 per share
Book Value
$11.14 per share

Miscellaneous

Free Float
N/A
Market Cap
$103.49 million
Optionable
Not Optionable
Beta
1.35
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Key Executives

  • Mr. Lawrence Stock
    Chief Financial Officer
  • Mr. Nenad Corbic
    Chief Technology Officer
  • Mr. Charles J. Salameh
    CEO & Director
  • Mr. Jeremy Wubs
    Chief Operating Officer
  • Mark Strachan
    Chief Information Officer
  • Ms. Samantha Reburn
    Chief Legal Officer & Corporate Secretary

SANG Stock Analysis - Frequently Asked Questions

Should I buy or sell Sangoma Technologies stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sangoma Technologies in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SANG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SANG, but not buy additional shares or sell existing shares.
View SANG analyst ratings
or view top-rated stocks.

What is Sangoma Technologies' stock price target for 2024?

5 brokers have issued 1 year price targets for Sangoma Technologies' shares. Their SANG share price targets range from $3.25 to $8.00. On average, they anticipate the company's share price to reach $4.83 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price.
View analysts price targets for SANG
or view top-rated stocks among Wall Street analysts.

How have SANG shares performed in 2024?

Sangoma Technologies' stock was trading at $3.20 at the beginning of 2024. Since then, SANG stock has increased by 35.3% and is now trading at $4.33.
View the best growth stocks for 2024 here
.

Are investors shorting Sangoma Technologies?

Sangoma Technologies saw a drop in short interest in March. As of March 31st, there was short interest totaling 2,600 shares, a drop of 48.0% from the March 15th total of 5,000 shares. Based on an average daily trading volume, of 8,800 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.
View Sangoma Technologies' Short Interest
.

When is Sangoma Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our SANG earnings forecast
.

How were Sangoma Technologies' earnings last quarter?

Sangoma Technologies Co. (NASDAQ:SANG) issued its quarterly earnings results on Thursday, February, 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by $0.01. The firm earned $62.28 million during the quarter, compared to analysts' expectations of $63.60 million. Sangoma Technologies had a negative trailing twelve-month return on equity of 2.77% and a negative net margin of 11.92%.

How do I buy shares of Sangoma Technologies?

Shares of SANG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SANG) was last updated on 4/23/2024 by MarketBeat.com Staff

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