Sonus Networks (SONS) Earns Daily News Sentiment Score of 0.15
News headlines about Sonus Networks (NASDAQ:SONS) have trended somewhat positive on Thursday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Sonus Networks earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news coverage about the communications equipment provider an impact score of 46.8995465678475 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern’s analysis:
- $0.26 Earnings Per Share Expected for Sonus Networks, Inc. (SONS) This Quarter (americanbankingnews.com)
- SONUS NETWORKS INC (SONS) (4-traders.com)
- New Research Coverage Highlights The Blackstone Group, Hilton Worldwide, Kimco Realty, Sonus Networks, First … – Markets Insider (markets.businessinsider.com)
- Sonus Networks, Inc. (SONS) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- Why Sonus Networks (SONS) Could Shock the Market Soon – Nasdaq (nasdaq.com)
Shares of Sonus Networks (NASDAQ SONS) opened at $7.68 on Thursday. Sonus Networks has a 1 year low of $5.72 and a 1 year high of $9.05.
Sonus Networks (NASDAQ:SONS) last posted its quarterly earnings data on Monday, October 30th. The communications equipment provider reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.08. The firm had revenue of $74.60 million during the quarter, compared to analysts’ expectations of $68.50 million. Sonus Networks had a negative net margin of 8.82% and a negative return on equity of 1.87%. The company’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.12 EPS. analysts expect that Sonus Networks will post 0.09 earnings per share for the current fiscal year.
A number of brokerages recently issued reports on SONS. William Blair reiterated a “buy” rating on shares of Sonus Networks in a research report on Monday, October 30th. TheStreet upgraded shares of Sonus Networks from a “d+” rating to a “c” rating in a research report on Monday, October 23rd. Zacks Investment Research upgraded shares of Sonus Networks from a “hold” rating to a “strong-buy” rating and set a $8.25 target price for the company in a research report on Thursday, October 19th. Cowen and Company reiterated a “sell” rating on shares of Sonus Networks in a research report on Tuesday, October 17th. Finally, DA Davidson upgraded shares of Sonus Networks from a “neutral” rating to a “buy” rating and set a $8.50 target price for the company in a research report on Monday, August 7th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Sonus Networks presently has a consensus rating of “Hold” and an average target price of $8.64.
Sonus Networks Company Profile
Sonus Networks, Inc, formerly Solstice Sapphire Investments, Inc, is a provider of networked solutions for communications service providers and enterprises to help them secure and unify their real-time communications infrastructures. The Company helps communications service providers and enterprises hold the session initiation protocol (SIP) and fourth generation (4G)/long term evolution (LTE)-based solutions, including voice over Internet protocol (VoIP), voice over wireless fidelity (VoWiFi), video and unified communications (UC) by securing and enabling Internet Protocol (IP) networks.
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