Ooma (NYSE:OOMA) Earns Coverage Optimism Rating of 0.17

Media stories about Ooma (NYSE:OOMA) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ooma earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 46.6810909551197 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Ooma stock traded up $1.00 on Thursday, hitting $11.65. The company’s stock had a trading volume of 70,273 shares, compared to its average volume of 57,615. Ooma has a 1 year low of $7.30 and a 1 year high of $12.75. The firm has a market cap of $198.41, a PE ratio of -15.87 and a beta of 0.80.

Ooma (NYSE:OOMA) last posted its quarterly earnings data on Tuesday, March 6th. The technology company reported ($0.14) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.18) by $0.04. Ooma had a negative return on equity of 32.84% and a negative net margin of 11.46%. The company had revenue of $30.22 million during the quarter, compared to analyst estimates of $29.51 million. sell-side analysts anticipate that Ooma will post -0.74 earnings per share for the current fiscal year.

Several equities analysts recently weighed in on the company. Credit Suisse Group restated a “neutral” rating and issued a $13.00 price target (up previously from $12.00) on shares of Ooma in a research note on Wednesday, March 7th. Bank of America upgraded Ooma from an “underperform” rating to a “neutral” rating and set a $14.00 price target for the company in a research note on Wednesday, March 7th. Northland Securities restated a “buy” rating and issued a $15.00 price target on shares of Ooma in a research note on Wednesday, March 7th. B. Riley lifted their price target on Ooma from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Wednesday, March 7th. Finally, ValuEngine lowered Ooma from a “hold” rating to a “sell” rating in a research note on Wednesday, January 3rd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $14.00.

In other Ooma news, CEO Eric B. Stang sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $11.59, for a total transaction of $115,900.00. Following the completion of the sale, the chief executive officer now directly owns 266,500 shares in the company, valued at approximately $3,088,735. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP James A. Gustke sold 7,200 shares of the business’s stock in a transaction that occurred on Monday, April 2nd. The stock was sold at an average price of $10.48, for a total value of $75,456.00. Following the sale, the vice president now owns 158,164 shares of the company’s stock, valued at $1,657,558.72. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 32,756 shares of company stock valued at $376,039. 48.19% of the stock is owned by company insiders.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by BBNS and is owned by of BBNS. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright legislation. The legal version of this piece of content can be accessed at https://baseballnewssource.com/2018/04/06/ooma-ooma-receiving-somewhat-favorable-press-coverage-report-finds/2029253.html.

About Ooma

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.

Insider Buying and Selling by Quarter for Ooma (NYSE:OOMA)

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

 


Latest News

Tampa Bay Starting Relievers In Place of Starters
Tampa Bay Starting Relievers In Place of Starters
Teen Juan Soto Hits Home Run in First At-Bat
Teen Juan Soto Hits Home Run in First At-Bat
Ji-Man Choi Receives Another Chance in Milwaukee
Ji-Man Choi Receives Another Chance in Milwaukee
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Strikeouts Once Again Plaguing Cubs
Strikeouts Once Again Plaguing Cubs
Atlanta Braves: A Mix of Young and Old
Atlanta Braves: A Mix of Young and Old


Leave a Reply

 
© 2006-2018 BBNS.