Stifel Canada Has Negative Outlook for SANG FY2027 Earnings

Sangoma Technologies Corporation (NASDAQ:SANG) – Stifel Canada dropped their FY2027 earnings per share (EPS) estimates for Sangoma Technologies in a research report issued to clients and investors on Thursday, September 18th. Stifel Canada analyst S. Sukumar now expects that the company will earn $0.57 per share for the year, down from their previous forecast of $0.63. The consensus estimate for Sangoma Technologies’ current full-year earnings is ($0.18) per share.

Sangoma Technologies (NASDAQ:SANG) last announced its quarterly earnings results on Wednesday, September 17th. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. The firm had revenue of $59.36 million for the quarter, compared to the consensus estimate of $58.58 million. Sangoma Technologies had a negative return on equity of 1.73% and a negative net margin of 2.12%. Sangoma Technologies has set its FY 2026 guidance at EPS.

Sangoma Technologies Stock Down 1.0%

SANG stock opened at $5.17 on Friday. Sangoma Technologies has a fifty-two week low of $4.08 and a fifty-two week high of $7.99. The business’s 50-day moving average is $5.76 and its two-hundred day moving average is $5.48. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.69 and a current ratio of 0.86. The company has a market cap of $171.85 million, a price-to-earnings ratio of -34.47 and a beta of 1.38.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SANG. Citadel Advisors LLC purchased a new stake in Sangoma Technologies in the fourth quarter worth about $86,000. Bank of America Corp DE boosted its stake in Sangoma Technologies by 198.4% during the fourth quarter. Bank of America Corp DE now owns 18,200 shares of the company’s stock valued at $130,000 after buying an additional 12,100 shares during the last quarter. National Bank of Canada FI boosted its stake in Sangoma Technologies by 17.5% during the first quarter. National Bank of Canada FI now owns 87,982 shares of the company’s stock valued at $388,000 after buying an additional 13,127 shares during the last quarter. Acadian Asset Management LLC boosted its stake in Sangoma Technologies by 51.7% during the first quarter. Acadian Asset Management LLC now owns 181,800 shares of the company’s stock valued at $809,000 after buying an additional 61,951 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Sangoma Technologies by 33.1% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 286,833 shares of the company’s stock valued at $1,294,000 after purchasing an additional 71,300 shares during the last quarter. Institutional investors own 39.65% of the company’s stock.

Sangoma Technologies Company Profile

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.