Ooma Inc [OOMA] stock is trading at $15.47, up 0.78%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OOMA shares have gain 6.84% over the last week, with a monthly amount glided 10.11%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ooma Inc [NYSE: OOMA] stock has seen the most recent analyst activity on June 17, 2024, when Lake Street initiated its Buy rating and assigned the stock a price target of $14. On February 02, 2022, Colliers Securities initiated with a Buy rating and assigned a price target of $25 on the stock. The Benchmark Company started tracking the stock assigning a Buy rating and suggested a price target of $22 on July 22, 2020. Alliance Global Partners initiated its recommendation with a Buy and recommended $21 as its price target on March 16, 2020. BofA/Merrill downgraded its rating to Underperform for this stock on September 30, 2019. In a note dated November 28, 2018, William Blair upgraded an Outperform rating on this stock.
Ooma Inc [OOMA] stock has fluctuated between $6.50 and $17.00 over the past year. Currently, Wall Street analysts expect the stock to reach $24 within the next 12 months. Ooma Inc [NYSE: OOMA] shares were valued at $15.47 at the most recent close of the market. An investor can expect a potential return of 55.14% based on the average OOMA price forecast.
Analyzing the OOMA fundamentals
Ooma Inc [NYSE:OOMA] reported sales of 253.43M for the trailing twelve months, which represents a growth of 8.81%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.12 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.34 points at the first support level, and at 15.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.55, and for the 2nd resistance point, it is at 15.64.
Ratios To Look Out For
For context, Ooma Inc’s Current Ratio is 0.90. In addition, the Quick Ratio stands at 0.64 and the Cash Ratio stands at 0.34. Considering the valuation of this stock, the price to sales ratio is 1.65, the price to book ratio is 5.00.
Transactions by insiders
Recent insider trading involved Galligan Andrew H, Director, that happened on Dec 17 ’24 when 14824.0 shares were sold. Officer, Gustke James A. completed a deal on Dec 18 ’24 to buy 5487.0 shares. Meanwhile, Director Galligan Andrew H bought 14824.0 shares on Dec 17 ’24.
