Ooma, Inc. (NYSE:OOMA – Get Free Report) CAO Namrata Sabharwal sold 2,481 shares of Ooma stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $23.20, for a total transaction of $57,559.20. Following the completion of the sale, the chief accounting officer owned 83,927 shares in the company, valued at $1,947,106.40. The trade was a 2.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Ooma Stock Up 0.1%
Shares of NYSE OOMA traded up $0.02 during mid-day trading on Monday, hitting $22.79. The company had a trading volume of 433,523 shares, compared to its average volume of 311,439. The company has a market capitalization of $628.95 million, a PE ratio of 59.97 and a beta of 1.20. The firm has a 50-day simple moving average of $21.26 and a two-hundred day simple moving average of $18.00. The company has a current ratio of 0.95, a quick ratio of 0.66 and a debt-to-equity ratio of 0.46. Ooma, Inc. has a one year low of $9.79 and a one year high of $26.19.
Ooma (NYSE:OOMA – Get Free Report) last released its earnings results on Wednesday, August 26th. The technology company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.02. Ooma had a return on equity of 23.55% and a net margin of 3.57%.The business had revenue of $83.23 million for the quarter, compared to analyst estimates of $81.72 million. Ooma has set its FY 2027 guidance at 1.350-1.380 EPS and its Q3 2027 guidance at 0.340-0.350 EPS. On average, equities analysts expect that Ooma, Inc. will post 0.87 EPS for the current year.
Hedge Funds Weigh In On Ooma
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on OOMA. Lake Street Capital reissued a “buy” rating and issued a $25.00 target price on shares of Ooma in a research note on Thursday, August 27th. William Blair set a $24.00 price target on shares of Ooma in a research note on Monday, August 17th. UBS Group reissued a “buy” rating on shares of Ooma in a research report on Thursday, August 27th. Benchmark restated a “buy” rating on shares of Ooma in a research note on Monday, August 17th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of Ooma in a research note on Thursday, August 27th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Ooma currently has a consensus rating of “Moderate Buy” and an average target price of $25.00.
Check Out Our Latest Research Report on Ooma
About Ooma
Ooma, Inc is a cloud communications company that provides voice, collaboration, and related technology services to small and midsized businesses, enterprises, and residential customers. Its services are delivered primarily through internet-based platforms designed to help customers manage communications without relying on traditional on-premises phone systems.
For businesses, Ooma offers cloud phone and unified communications solutions under brands and product lines that include Ooma Office, Ooma Pro, Ooma Enterprise, and Ooma AirDial.
Featured Stories
- Five stocks we like better than Ooma
- Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings
- Institutional Money Is Pouring Into These 2 Altcoin ETFs
- The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares
- 3 Dividend Kings to Buy While They’re Still Beaten Down
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.
