Northland Capmk Has Pessimistic View of SANG FY2025 Earnings

Sangoma Technologies Co. (NASDAQ:SANG) – Equities research analysts at Northland Capmk reduced their FY2025 earnings per share estimates for shares of Sangoma Technologies in a research report issued on Thursday, November 7th. Northland Capmk analyst M. Latimore now anticipates that the company will post earnings per share of ($0.03) for the year, down from their prior estimate of ($0.02). The consensus estimate for Sangoma Technologies’ current full-year earnings is ($0.07) per share. Northland Capmk also issued estimates for Sangoma Technologies’ Q4 2025 earnings at $0.04 EPS.

Sangoma Technologies Trading Down 1.8 %

NASDAQ SANG opened at $6.38 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.70 and a debt-to-equity ratio of 0.21. Sangoma Technologies has a 1-year low of $2.18 and a 1-year high of $6.75. The firm’s fifty day simple moving average is $5.76 and its 200-day simple moving average is $5.30. The company has a market capitalization of $212.71 million, a PE ratio of -25.52 and a beta of 1.45.

Sangoma Technologies (NASDAQ:SANG) last posted its quarterly earnings data on Wednesday, September 18th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.01). The company had revenue of $60.93 million for the quarter, compared to analyst estimates of $60.89 million. Sangoma Technologies had a negative return on equity of 3.12% and a negative net margin of 3.32%. During the same quarter in the previous year, the firm posted ($0.04) EPS.

Hedge Funds Weigh In On Sangoma Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Sangoma Technologies by 28.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 145,833 shares of the company’s stock worth $808,000 after purchasing an additional 32,000 shares during the period. Bard Associates Inc. increased its position in Sangoma Technologies by 8.8% in the 3rd quarter. Bard Associates Inc. now owns 88,161 shares of the company’s stock worth $474,000 after buying an additional 7,141 shares during the period. Intact Investment Management Inc. acquired a new position in shares of Sangoma Technologies during the third quarter worth approximately $1,587,000. Toronto Dominion Bank boosted its position in shares of Sangoma Technologies by 1.3% in the second quarter. Toronto Dominion Bank now owns 500,353 shares of the company’s stock valued at $2,471,000 after acquiring an additional 6,243 shares during the period. Finally, Acadian Asset Management LLC acquired a new stake in shares of Sangoma Technologies in the second quarter worth $188,000. Institutional investors and hedge funds own 39.65% of the company’s stock.

About Sangoma Technologies

Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a voice over internet protocol phone system; Switchvox Cloud, a unified communications solution, as well as provides cloud communication solutions.