Ooma, Inc. (NYSE:OOMA) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Ooma, Inc. (NYSE:OOMA – Get Free Report) have earned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year [...]

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Shares of Ooma, Inc. ( NYSE:OOMA – Get Free Report ) have earned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the firm, MarketBeat.com reports.

One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $14.50.



A number of research firms have recently issued reports on OOMA. JMP Securities restated a “market perform” rating on shares of Ooma in a research report on Wednesday. Lake Street Capital assumed coverage on Ooma in a report on Monday, June 17th.

They issued a “buy” rating and a $14.00 price target on the stock. Check Out Our Latest Report on Ooma Institutional Investors Weigh In On Ooma Ooma Price Performance Shares of OOMA opened at $10.

41 on Friday. The stock’s fifty day moving average is $9.34 and its 200-day moving average is $8.

72. The firm has a market capitalization of $274.69 million, a price-to-earnings ratio of -104.

05 and a beta of 0.93. Ooma has a one year low of $6.

50 and a one year high of $14.61. The company has a debt-to-equity ratio of 0.

14, a quick ratio of 0.81 and a current ratio of 1.16.

Ooma ( NYSE:OOMA – Get Free Report ) last released its quarterly earnings data on Tuesday, May 28th. The technology company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.

11 by ($0.14). Ooma had a negative return on equity of 1.

41% and a negative net margin of 1.09%. The firm had revenue of $62.

50 million during the quarter, compared to analyst estimates of $61.85 million. During the same quarter in the prior year, the company posted $0.

02 EPS. Equities analysts anticipate that Ooma will post -0.11 EPS for the current year.

Ooma Company Profile ( Get Free Report Ooma, Inc provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Connect, which delivers fixed wireless internet connectivity; and Ooma Enterprise, a unified-communications-as-a-service (UCaaS) solution. Featured Stories 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.

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