Who sold CMBM stock in the last quarter?
CMBM stock was sold by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, New York State Common Retirement Fund, Dimensional Fund Advisors LP, Victory Capital Management Inc., JPMorgan Chase & Co., Principal Financial Group Inc.
How did CMBM raise $81 million in its IPO?
(CMBM) raised $81 million in an initial public offering on Wednesday, June 26th 2019. The company issued 5,800,000 shares at a price of $13.00-$15.00 per share. J.P. Morgan and Goldman Sachs acted as the underwriters for the IPO and Deutsche Bank Securities, Raymond James, JMP Securities and Oppenheimer were co-managers.
What does CMBM stand for?
Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced financial results for the third quarter 2021 ended September 30, 2021.
What was the earnings release for Cambium Networks (CMBM)?
Cambium Networks Co. (NASDAQ:CMBM) announced its earnings results on Thursday, November, 4th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.05. The business had revenue of $75.90 million for the quarter, compared to analyst estimates of $75.10 million.
Is CMBM a good stock to buy?
Out of 6 analysts, 1 (16.67%) are recommending CMBM as a Strong Buy, 2 (33.33%) are recommending CMBM as a Buy, 3 (50%) are recommending CMBM as a Hold, 0 (0%) are recommending CMBM as a Sell, and 0 (0%) are recommending CMBM as a Strong Sell.
Is Cambium Networks a buy?
Cambium Networks has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.
Why is cambium down?
Summary. Cambium stock is down 60% over the last year on supply constraints for its wireless products. Increasing supply will unlock renewed growth in 2H 2022 and 2023.
What is cambium in plant?
cambium, plural Cambiums, orCambia, in plants, layer of actively dividing cells between xylem (wood) and phloem (bast) tissues that is responsible for the secondary growth of stems and roots (secondary growth occurs after the first season and results in increase in thickness).
Should I buy or sell Cambium Networks stock right now?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cambium Networks in the last twelve months. There are currently 1 sell rat...
What is Cambium Networks' stock price forecast for 2022?
9 brokerages have issued twelve-month price targets for Cambium Networks' shares. Their forecasts range from $22.00 to $69.00. On average, they pre...
How has Cambium Networks' stock performed in 2022?
Cambium Networks' stock was trading at $25.63 at the beginning of 2022. Since then, CMBM stock has decreased by 41.5% and is now trading at $15.00....
When is Cambium Networks' next earnings date?
Cambium Networks is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022. View our earnings forecast for Cambi...
How were Cambium Networks' earnings last quarter?
Cambium Networks Co. (NASDAQ:CMBM) released its earnings results on Thursday, May, 5th. The company reported $0.01 earnings per share (EPS) for the...
What guidance has Cambium Networks issued on next quarter's earnings?
Cambium Networks updated its second quarter 2022 earnings guidance on Thursday, May, 26th. The company provided earnings per share (EPS) guidance o...
Who are Cambium Networks' key executives?
Cambium Networks' management team includes the following people: Mr. Atul Bhatnagar , Pres, CEO & Director (Age 64, Pay $1.35M) ( LinkedIn Profi...
What is Atul Bhatnagar's approval rating as Cambium Networks' CEO?
27 employees have rated Cambium Networks CEO Atul Bhatnagar on Glassdoor.com . Atul Bhatnagar has an approval rating of 95% among Cambium Networks...
Who are some of Cambium Networks' key competitors?
Some companies that are related to Cambium Networks include Planet Labs PBC (PL) , Harmonic (HLIT) , Sierra Wireless (SWIR) , Satellogic (SATL)...
When did CMBM start?
What is CMBM radio?
Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced it has shipped the 10 millionth radio since its inception in October of 2011.
Cim, Llc Buys Berkshire Hathaway Inc, ASML Holding NV, Cactus Inc, Sells Intuitive Surgical ..
Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced it has shipped the 10 millionth radio since its inception in October of 2011. Communications service providers, enterprises, schools, municipalities and industrial network operators around the world deliver gigabit-speed fixed wireless and Wi-Fi access solutions with centralized cloud management. They are meeting connectivity needs with velocity and economically with Cambium Networks ' wir
Adirondack Trust Co Buys Vanguard Russell 2000 Index Fund, Ford Motor Co, Arco Platform, Sells ..
Albany, NY, based Investment company Cim, Llc (Current Portfolio) buys Berkshire Hathaway Inc, ASML Holding NV, Cactus Inc, Onto Innovation Inc, West Pharmaceutical Services Inc, sells Intuitive Surgical Inc, Ecolab Inc, S&P 500 ETF TRUST ETF, InMode, Progyny Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Cim, Llc..
Tributary Capital Management, LLC Buys LHC Group Inc, Cambium Networks Corp, Avanos Medical ..
Saratoga Springs, NY, based Investment company Adirondack Trust Co (Current Portfolio) buys Vanguard Russell 2000 Index Fund, Ford Motor Co, Arco Platform, Kiniksa Pharmaceuticals, TransMedics Group Inc, sells Vanguard Russell 3000 Index Fund, Vanguard Total International Stock, AT&T Inc, Eli Lilly and Co, Vanguard FTSE Developed Markets ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Adirondack Trust Co..
Mairs and Power Small Cap Fund Buys The AZEK Co Inc, Jamf Holding Corp, Jamf Holding Corp, ..
Fort Collins, CO, based Investment company Tributary Capital Management, LLC (Current Portfolio) buys LHC Group Inc, Cambium Networks Corp, Avanos Medical Inc, Integer Holdings Corp, Natus Medical Inc, sells Medpace Holdings Inc, Omnicell Inc, Boot Barn Holdings Inc, Onto Innovation Inc, AMN Healthcare Services Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Tributary Capital Management, LLC..
Tributary Small Company Fund Buys Cambium Networks Corp, Sunstone Hotel Investors Inc, Integer ..
Investment company Mairs and Power Small Cap Fund (Current Portfolio) buys The AZEK Co Inc, Jamf Holding Corp, Jamf Holding Corp, Sleep Number Corp, Cambium Networks Corp, sells , NVE Corp, Workiva Inc, CyberOptics Corp, Patterson Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Mairs and Power Small Cap Fund..
Tributary Funds, Inc. Buys Cambium Networks Corp, Pacira BioSciences Inc, LHC Group Inc, Sells ..
Investment company Tributary Small Company Fund (Current Portfolio) buys Cambium Networks Corp, Sunstone Hotel Investors Inc, Integer Holdings Corp, Avanos Medical Inc, CNX Resources Corp, sells Silicon Motion Technology Corp, Old National Bancorp, Boot Barn Holdings Inc, AMN Healthcare Services Inc, Stifel Financial Corp during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Tributary Small Company Fund..
Cambium (CMBM) to Power Broadband Connectivity in Libya
Investment company Tributary Funds, Inc. (Current Portfolio) buys Cambium Networks Corp, Pacira BioSciences Inc, LHC Group Inc, MKS Instruments Inc, sells AMN Healthcare Services Inc, Icon PLC during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Tributary Funds, Inc..
How To Calculate Return On Equity?
Leveraging ePMP fixed wireless broadband technology, Cambium (CMBM) will provide high-quality Internet to more than 60,000 residential, business and enterprise customers in Libya.
What Has ROE Got To Do With Earnings Growth?
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
Conclusion
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company’s earnings growth potential.
How To Calculate Return On Equity?
In total, we are pretty happy with Cambium Networks' performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings.
Why Is ROE Important For Earnings Growth?
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
Is Cambium Networks Making Efficient Use Of Its Profits?
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company.
Conclusion
Cambium Networks doesn't pay any dividend currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above.
What is Stock Sentiment?
On the whole, we feel that Cambium Networks' performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings.
What's Happening With CMBM Stock Today?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
More About Cambium Networks Corp
Cambium Networks Corp (CMBM) stock is trading at $28.32 as of 9:53 AM on Friday, Oct 22, a loss of -$7.44, or -20.79% from the previous closing price of $35.76. The stock has traded between $28.32 and $32.32 so far today. Volume today is below average. So far 77,727 shares have traded compared to average volume of 182,964 shares.
Company Profile
Cambium Networks Corp provides wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises and government agencies.
Analyst Opinions
Cambium Networks Corporation, through its subsidiaries, provides wireless broadband networking infrastructure products and solutions for network operators. Its wireless fabric includes intelligent radios, smart antennas, radio frequency (RF)…
Research Reports
The Equity Summary Score is an accuracy-weighted sentiment derived from the ratings of independent research providers on Fidelity.com. It uses the past relative accuracy of the providers in determining the emphasis placed on any individual opinion. Learn More....
