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Ooma (OOMA)
NYSE:OOMA
Ooma (OOMA) Stock Price & Analysis
228 Followers
OOMA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.50 - $15.43
Previous Close$9.12
Volume111.53K
Average Volume (3M)135.64K
Market Cap
$240.77M
Enterprise Value$250.00M
Total Cash (Recent Filing)$15.59M
Total Debt (Recent Filing)$24.82M
Price to Earnings (P/E)―
Beta0.69
Next Earnings
Aug 27, 2024EPS Estimate
$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding26,400,000
10 Day Avg. Volume99,597
30 Day Avg. Volume135,640
Standard Deviation0.12
R-Squared0.14
Alpha-0.00843
Financial Highlights & Ratios
Price to Book (P/B)7.49
Price to Sales (P/S)3.77
Price to Cash Flow (P/CF)16.40
P/FCF Ratio27.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.03
Enterprise Value/Gross Profit1.70
Enterprise Value/Ebitda96.53
Forecast
1Y Price Target
$15.00Price Target Upside63.58% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Ooma News
Bulls Say, Bears Say
Bulls Say
Business Segment SuccessThe company is seeing success in onboarding new reseller partners as well as in building new integrations with major platforms, which reflects Ooma’s solid market positioning.
Market PositioningOoma’s two-pronged message of affordable price and ease of use are resonating in a market crowded with competitors such as RingCentral, 8x8, and Zoom.
Revenue GrowthSmall and mid-sized businesses and enterprise hospitality customers drive 60% of revenue, and this part of the business has grown at a steady 12% organic clip over the past five quarters.
Bears Say
Customer RetentionThere is a need for stabilization in churn with the company's largest customer.
Growth PotentialThe company needs more defined timelines around AirDial growth contribution.
ValuationOoma is fairly valued at a significant discount to its peer group due to its lower growth rate and declining residential segment.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
OOMA FAQ
What was Ooma’s price range in the past 12 months?
Ooma lowest stock price was $6.50 and its highest was $15.43 in the past 12 months.
What is Ooma’s market cap?
Currently, no data Available
When is Ooma’s upcoming earnings report date?
Ooma’s upcoming earnings report date is Aug 27, 2024 which is in 55 days.
How were Ooma’s earnings last quarter?
Ooma released its earnings results on May 28, 2024. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.114 by $0.026.
Is Ooma overvalued?
According to Wall Street analysts Ooma’s price is currently Undervalued.
Does Ooma pay dividends?
Ooma does not currently pay dividends.
What is Ooma’s EPS estimate?
Ooma’s EPS estimate is $0.14.
How many shares outstanding does Ooma have?
Ooma has 26,400,000 shares outstanding.
What happened to Ooma’s price movement after its last earnings report?
Ooma reported an EPS of $0.14 in its last earnings report, beating expectations of $0.114. Following the earnings report the stock price went up 8.228%.
Which hedge fund is a major shareholder of Ooma?
Among the largest hedge funds holding Ooma’s share is Royce & Associates LLC. It holds Ooma’s shares valued at 6M.
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Ooma Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$15.00 (63.58% Upside)
$15.00 (63.58% Upside)
Blogger Sentiment
Bullish
OOMA Sentiment 66%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 121.5K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-39.07%
12-Months-Change
Fundamentals
Return on Equity
-3.56%
Trailing 12-Months
Asset Growth
12.71%
Trailing 12-Months
Company Description
Ooma
Ooma, Inc. engages in the provision of platform for cloud-based communications solutions, smart security and other connected services. It helps create smart workplaces and homes by providing communications, monitoring, security, automation, productivity, and networking infrastructure applications. Its products and services Ooma business that offers small business phone service, and enterprise communications; Ooma residential that deals with phone services, and smart security; and Talkatone mobile app. The company was founded by Andrew Frame, Dennis Peng, and Michael Cerda on November 19, 2003 and is headquartered in Palo Alto, CA.
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OOMA Company Deck
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OOMA Earnings Call
Q1 2024
0:00 / 0:00
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OOMA Stock 12 Month Forecast
Average Price Target
$15.00
▲(63.58% Upside)
Technical Analysis
Best Analysts Covering OOMA
1 Year
1 Year Success Rate
11/14 ratings generated profit
1 Year Average Return
+14.22%
reiterated a buy rating last month
Copying Michael Latimore's trades and holding each position for 1 Year would result in 78.57% of your transactions generating a profit, with an average return of +14.22% per trade.
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