BroadSoft (BSFT) to Release Earnings on Wednesday

BroadSoft (NASDAQ:BSFT) is set to issue its quarterly earnings data before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $1.27 per share for the quarter.

Shares of BroadSoft (NASDAQ BSFT) opened at $54.90 on Monday. BroadSoft has a 52-week low of $33.85 and a 52-week high of $55.05. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.64 and a current ratio of 2.64. The company has a market cap of $1,740.00, a P/E ratio of -152.50 and a beta of 0.97.

BSFT has been the subject of a number of analyst reports. Needham & Company LLC cut shares of BroadSoft from a “buy” rating to a “hold” rating in a research report on Tuesday, October 24th. Raymond James Financial reissued an “outperform” rating and set a $55.00 target price on shares of BroadSoft in a research report on Tuesday, October 24th. Dougherty & Co cut shares of BroadSoft from a “buy” rating to a “neutral” rating in a report on Tuesday, October 24th. Zacks Investment Research raised shares of BroadSoft from a “hold” rating to a “buy” rating and set a $62.00 price target for the company in a report on Wednesday, October 25th. Finally, Cowen cut shares of BroadSoft from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $50.40.

In other BroadSoft news, insider Scott D. Hoffpauir sold 4,448 shares of the firm’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $54.96, for a total value of $244,462.08. Following the completion of the transaction, the insider now owns 77,991 shares of the company’s stock, valued at $4,286,385.36. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.50% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “BroadSoft (BSFT) to Release Earnings on Wednesday” was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece on another website, it was illegally copied and republished in violation of international copyright & trademark laws. The original version of this piece can be accessed at

BroadSoft Company Profile

BroadSoft, Inc is a global provider of software and services that enable telecommunications service providers to deliver hosted, cloud-based Unified Communications (UC) to their enterprise customers. The BroadSoft Business solution is a communications and collaboration offering that enables telecommunications service providers to offer businesses and other enterprises UC features and functionalities on a cloud-delivered basis without the need for traditional premise-based private branch exchange (PBX) equipment.

Earnings History for BroadSoft (NASDAQ:BSFT)

Receive News & Ratings for BroadSoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BroadSoft and related companies with's FREE daily email newsletter.

Leave a Reply