Sangoma Technologies (NASDAQ:SANG) Rating Increased to Strong-Buy at Stifel Canada

Sangoma Technologies (NASDAQ:SANG) was upgraded by Stifel Canada to a “strong-buy” rating in a report released on Monday,Zacks.com reports. Stifel Canada also issued estimates for Sangoma Technologies’ Q4 2025 earnings at $0.02 EPS, FY2025 earnings at ($0.14) EPS, FY2026 earnings at $0.39 EPS and FY2027 earnings at $0.63 EPS.

Separately, TD Securities cut their target price on shares of Sangoma Technologies from $14.00 to $11.00 and set a “buy” rating for the company in a report on Wednesday, April 30th.

Sangoma Technologies Stock Performance

Shares of SANG stock opened at $6.04 on Monday. Sangoma Technologies has a 52-week low of $4.08 and a 52-week high of $7.99. The company has a quick ratio of 0.63, a current ratio of 0.86 and a debt-to-equity ratio of 0.18. The stock has a market cap of $203.11 million, a PE ratio of -28.76 and a beta of 1.41. The business has a 50-day simple moving average of $4.93 and a 200-day simple moving average of $5.97.

Sangoma Technologies (NASDAQ:SANG) last announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). Sangoma Technologies had a negative return on equity of 2.61% and a negative net margin of 2.81%. The company had revenue of $58.07 million during the quarter, compared to analysts’ expectations of $58.92 million. On average, equities analysts expect that Sangoma Technologies will post -0.18 EPS for the current year.

Institutional Investors Weigh In On Sangoma Technologies

A number of institutional investors have recently modified their holdings of SANG. Alberta Investment Management Corp raised its holdings in Sangoma Technologies by 11.9% in the 4th quarter. Alberta Investment Management Corp now owns 1,204,274 shares of the company’s stock worth $8,373,000 after purchasing an additional 127,808 shares during the period. Intact Investment Management Inc. increased its position in shares of Sangoma Technologies by 99.4% in the first quarter. Intact Investment Management Inc. now owns 551,525 shares of the company’s stock valued at $2,488,000 after buying an additional 274,925 shares in the last quarter. Ewing Morris & Co. Investment Partners Ltd. acquired a new position in shares of Sangoma Technologies during the 4th quarter worth approximately $3,420,000. TD Waterhouse Canada Inc. lifted its position in shares of Sangoma Technologies by 1.2% during the 4th quarter. TD Waterhouse Canada Inc. now owns 472,027 shares of the company’s stock valued at $3,232,000 after buying an additional 5,558 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Sangoma Technologies by 33.1% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 286,833 shares of the company’s stock valued at $1,294,000 after buying an additional 71,300 shares in the last quarter. 39.65% of the stock is currently owned by institutional investors and hedge funds.

Sangoma Technologies Company Profile

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.