News coverage about Ooma (NYSE:OOMA) has been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ooma earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 44.3258757388933 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
OOMA has been the subject of a number of recent analyst reports. Northland Securities reaffirmed a “buy” rating and issued a $13.00 price objective on shares of Ooma in a research report on Friday, December 1st. B. Riley reaffirmed a “buy” rating and issued a $13.00 price objective on shares of Ooma in a research report on Wednesday, November 29th. Finally, ValuEngine cut Ooma from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $12.67.
Ooma (OOMA) opened at $10.05 on Monday. The firm has a market capitalization of $190.82, a P/E ratio of -13.96 and a beta of 0.99. Ooma has a 52 week low of $7.30 and a 52 week high of $12.75.
Ooma (NYSE:OOMA) last announced its earnings results on Tuesday, November 28th. The technology company reported ($0.02) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.02. The company had revenue of $28.50 million for the quarter, compared to analyst estimates of $28.04 million. Ooma had a negative return on equity of 32.29% and a negative net margin of 11.65%. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the company earned ($0.02) earnings per share. equities analysts expect that Ooma will post -0.7 earnings per share for the current fiscal year.
In other Ooma news, VP James A. Gustke sold 8,485 shares of the firm’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $11.23, for a total transaction of $95,286.55. Following the transaction, the vice president now owns 173,689 shares in the company, valued at approximately $1,950,527.47. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Alison Davis sold 20,000 shares of the firm’s stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $12.11, for a total value of $242,200.00. Following the transaction, the director now owns 36,420 shares in the company, valued at approximately $441,046.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 61,405 shares of company stock worth $721,768. Corporate insiders own 48.19% of the company’s stock.
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Ooma, Inc is a United States-based company, which offers Ooma, a communications platform for small businesses and consumers. Ooma serves as a communications hub, which offers cloud-based telephony, Internet security, home monitoring and other connected services. Ooma combines PureVoice high definition (HD) call quality features with mobile applications anytime, anywhere calling.
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