Should I buy or sell Sangoma Technologies stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sangoma Technologies in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 12 month target prices for Sangoma Technologies' shares. Their SANG share price targets range from $3.25 to $8.00. On average, they predict the company's stock price to reach $4.83 in the next year. This suggests a possible upside of 9.8% 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 shares have increased by 37.5% and is now trading at $4.40. View the best growth stocks for 2024 here .

Are investors shorting Sangoma Technologies?

Sangoma Technologies saw a decrease in short interest in March. As of March 31st, there was short interest totaling 2,600 shares, a decrease 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. Approximately 0.0% of the company's stock are sold short. 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) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.01. The company had revenue of $62.28 million for the quarter, compared to the consensus estimate of $63.60 million. Sangoma Technologies had a negative net margin of 11.92% and a negative trailing twelve-month return on equity of 2.77%.

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 .

Positive News SentimentPositive News

NASDAQ:SANG

Sangoma Technologies (SANG) Stock Price, News & Analysis

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$4.40

-0.01 (-0.23%)

(As of 04/18/2024 ET)

Compare

Today's Range: $4.40
▼
$4.40
50-Day Range: $3.38
▼
$4.98
52-Week Range: $2.18
▼
$4.98

Volume: 116 shs
Average Volume: 7,169 shs
Market Capitalization: $105.16 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.83

Get Sangoma Technologies alerts:

Sangoma Technologies MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 9.8% 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.

1.21 out of 5 stars

Computer And Technology Sector

521st out of 590 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

51st out of 56 stocks

1.2

Analyst's Opinion

Consensus Rating
Sangoma Technologies has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Sangoma Technologies has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.01% of the float of Sangoma Technologies has been sold short.
Short Interest Ratio / Days to Cover
Sangoma Technologies has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sangoma Technologies has recently decreased by 48.00%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Sangoma Technologies does not currently pay a dividend.
Dividend Growth
Sangoma Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SANG.

3.8

News and Social Media Coverage

News Sentiment
Sangoma Technologies has a news sentiment score of 1.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Sangoma Technologies this week, compared to 0 articles on an average week.
MarketBeat Follows
2 people have added Sangoma Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sangoma Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
14.00% of the stock of Sangoma Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 39.65% of the stock of Sangoma Technologies is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Sangoma Technologies are expected to grow in the coming year, from ($0.25) to ($0.03) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sangoma Technologies is -4.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sangoma Technologies is -4.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Sangoma Technologies has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

SANG Stock News Headlines

April 19, 2024 | tmcnet.com

Northstake Announces Tokenized Staking on Ethereum Testnet with 3iQ, CoinFund and CoinDesk Indices

April 11, 2024 | americanbankingnews.com

Short Interest in Sangoma Technologies Co. (NASDAQ:SANG) Drops By 48.0%

April 19, 2024 | InvestorPlace (Ad)

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April 4, 2024 | theglobeandmail.com

Mogo: Top 10 Undervalued Technology Sector Stocks on TSX (MOGO)

March 28, 2024 | tmcnet.com

Agora Data Adds Robin Dukes as Vice President to Increase Profits for Auto Dealerships

March 25, 2024 | msn.com

Joshlin Smith update: ‘I was beaten under my feet, on my knees, poured with water and suffocated with plastic’

March 23, 2024 | finance.yahoo.com

The past three years for Sangoma Technologies (TSE:STC) investors has not been profitable

March 14, 2024 | finance.yahoo.com

Fusion Connect Appoints Seasoned Leader William Wignall as CEO, Embarking on a New Chapter of Customer-Centric Excellence

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March 13, 2024 | msn.com

Joshlin Smith: Stun grenades and teargas fired outside court

March 13, 2024 | msn.com

Joslin Smith disappearance: South African mother accused of kidnapping drops bail plea

March 8, 2024 | msn.com

‘Where is Joshlin?’: Angry residents seek truth as Kelly Smith appears for daughter’s kidnapping

February 29, 2024 | businesswire.com

Sangoma's CEO Is Set to Speak at Centurion One Capital's 7th Annual Growth Conference

February 13, 2024 | finance.yahoo.com

All You Need to Know About Sangoma Technologies Corporation (SANG) Rating Upgrade to Buy

January 31, 2024 | benzinga.com

Sangoma Technologies Stock (NASDAQ:SANG), Short Interest Report

January 31, 2024 | benzinga.com

Sangoma Technologies Stock (NASDAQ:SANG) Dividends: History, Yield and Dates

December 1, 2023 | finance.yahoo.com

Sangoma Technologies Partnership Powers UK PSTN Switch-Off Opportunities

November 30, 2023 | finance.yahoo.com

Sangoma to Showcase Innovations at Benchmark Discovery One-on-One Conference in New York

November 18, 2023 | thestreet.com

Sangoma Technologies

November 13, 2023 | tmcnet.com

Snom Americas Amplifies Extensive Telephony Platform Support

November 9, 2023 | benzinga.com

Sangoma Technologies Stock (NASDAQ:SANG), Analyst Ratings, Price Targets, Predictions

November 5, 2023 | msn.com

Scam artists on the prowl for rich single women pensioners

September 27, 2023 | theglobeandmail.com

Nasdaq Futures Climb as Bond Yields Retreat From Decade Highs, Micron Earnings on Tap

September 27, 2023 | finance.yahoo.com

Morning News Call - Canada, September 27

September 26, 2023 | benzinga.com

Preview: Sangoma Technologies's Earnings

September 12, 2023 | seekingalpha.com

Sangoma Technologies names Jeremy Wubs as chief operating officer

August 17, 2023 | msn.com

Tap-and-go, Sangoma and WhatsApp scams: These are new techniques scam artists are using

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Current Symbol: NASDAQ:SANG
CUSIP: N/A
CIK: 1753368
Web: www.sangoma.com
Phone: (905) 474-1990
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: +9.6%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.91)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-29,030,000.00
Net Margins: -11.92%
Pretax Margin: -13.67%
Return on Equity: -2.77%
Return on Assets: -1.70%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 1.00
Quick Ratio: 0.70

Sales & Book Value

Annual Sales: $252.53 million
Price / Sales: 0.42
Cash Flow: $1.28 per share
Price / Cash Flow: 3.44
Book Value: $11.14 per share
Price / Book: 0.40

Miscellaneous

Outstanding Shares: 23,900,000
Free Float: 20,551,000
Market Cap: $105.40 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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SANG Stock Analysis - Frequently Asked Questions

Should I buy or sell Sangoma Technologies stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sangoma Technologies in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 12 month target prices for Sangoma Technologies' shares. Their SANG share price targets range from $3.25 to $8.00. On average, they predict the company's stock price to reach $4.83 in the next year. This suggests a possible upside of 9.8% 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 shares have increased by 37.5% and is now trading at $4.40.
View the best growth stocks for 2024 here.
Are investors shorting Sangoma Technologies?: Sangoma Technologies saw a decrease in short interest in March. As of March 31st, there was short interest totaling 2,600 shares, a decrease 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. Approximately 0.0% of the company's stock are sold short.
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) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.01. The company had revenue of $62.28 million for the quarter, compared to the consensus estimate of $63.60 million. Sangoma Technologies had a negative net margin of 11.92% and a negative trailing twelve-month return on equity of 2.77%.
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 4/19/2024 by MarketBeat.com Staff

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Sangoma Technologies (SANG) Stock Price, News & Analysis

Sangoma Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Sangoma Technologies Stock (NASDAQ:SANG)

SANG Stock Price History

SANG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

SANG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™