Cambium Networks Corp CMBM

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Price alert · CMBM

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0.13 USD 0.00 0.00%

As of Mar 30, 9:30 AM ET

Bid
0.40 × 2
Ask
0.41 × 2
0.13 Day range 0.45
0.657 52-week range 6.50
YTD
-90.97%
1 year
-63.54%
Open
0.32
Prev close
0.1301
Mkt cap
21.04M
Vol
779.45K
Avg vol
117.38K
EPS
-3.54
P/E
0.00
Div yield
0.00%
More statistics
Low
0.13
High
0.45
Forward P/E
-4.66
Beta
0.00
Short ratio
6.17
Inst. own
78.43%
Dividend
0.00
Ex-div date
Earnings
Aug 8, 2024
50-d avg
1.16
200-d avg
2.39
1y target
3.34

5Y chart

Chart tools
Interval

Events in this range
  • Jan 19, 2024Rating: Raymond James · Outperform → Outperform
  • Feb 15, 2024Earnings: -0.95; estimate -0.34; surprise -179.41%
  • Feb 16, 2024Rating: Raymond James · Outperform → Outperform
  • May 9, 2024Earnings: -0.46; estimate -0.23; surprise -100%
  • May 9, 2024Earnings: —; estimate -0.23; surprise —%
  • May 10, 2024Rating: Roth MKM · Buy → Buy
  • Aug 8, 2024Earnings: -0.25; estimate -0.21; surprise -19.05%
  • Aug 8, 2024Earnings: —; estimate -0.21; surprise —%
  • Aug 9, 2024Rating: Roth MKM · Buy → Buy
  • Aug 9, 2024Rating: Northland Capital Markets · Outperform → Outperform
  • Nov 7, 2024Earnings: -0.14; estimate -0.17; surprise 17.65%
  • Nov 12, 2024Rating: Northland Capital Markets · Outperform → Outperform
Signals (69)
NameDateAgo
SMA: BearishMar 31, 20267 months ago
SMA: BearishMar 31, 20267 months ago
SMA: BullishMar 24, 20267 months ago
SMA: BullishMar 24, 20267 months ago
SMA: BearishFeb 17, 20268 months ago
MACD: Sell SignalJan 6, 202610 months ago
SMA: BearishDec 16, 202510 months ago
SMA: BullishNov 4, 202512 months ago
RSI: OverboughtNov 4, 202512 months ago
SMA: BearishOct 13, 20251 year ago
SMA: BullishSep 22, 20251 year ago
SMA: BearishSep 8, 20251 year ago
SMA: BullishJul 21, 20251 year ago
SMA: BullishJul 14, 20251 year ago
SMA: BearishJul 7, 20251 year ago
SMA: BullishJun 30, 20251 year ago
MACD: Buy SignalMay 2, 20251 year ago
MACD: Sell SignalApr 10, 20251 year ago
SMA: BearishFeb 27, 20251 year ago
SMA: BullishJan 16, 20251 year ago
RSI: OversoldDec 10, 20241 year ago
RSI: OversoldNov 12, 20241 year ago
SMA: BearishOct 7, 20242 years ago
RSI: OversoldOct 7, 20242 years ago
SMA: BullishSep 30, 20242 years ago
SMA: BearishSep 23, 20242 years ago
SMA: BullishSep 16, 20242 years ago
RSI: OversoldJul 1, 20242 years ago
RSI: OversoldApr 19, 20242 years ago
SMA: BearishMar 28, 20242 years ago
SMA: BullishMar 21, 20242 years ago
SMA: BearishJan 11, 20242 years ago
SMA: BullishDec 14, 20232 years ago
MACD: Buy SignalDec 7, 20232 years ago
SMA: BearishAug 8, 20233 years ago
MACD: Sell SignalAug 8, 20233 years ago
RSI: OversoldAug 8, 20233 years ago
SMA: BullishJul 25, 20233 years ago
SMA: BearishJul 11, 20233 years ago
SMA: BullishJul 3, 20233 years ago
MACD: Buy SignalJul 3, 20233 years ago
SMA: BearishJun 27, 20233 years ago
SMA: BullishMay 30, 20233 years ago
RSI: OversoldApr 25, 20233 years ago
SMA: BearishMar 14, 20233 years ago
SMA: BullishMar 7, 20233 years ago
SMA: BearishFeb 28, 20233 years ago
SMA: BearishFeb 21, 20233 years ago
MACD: Sell SignalFeb 21, 20233 years ago
SMA: BullishFeb 14, 20233 years ago
SMA: BearishFeb 7, 20233 years ago
SMA: BullishJan 31, 20233 years ago
SMA: BearishJan 24, 20233 years ago
SMA: BullishOct 24, 20224 years ago
SMA: BullishOct 17, 20224 years ago
SMA: BearishSep 19, 20224 years ago
SMA: BearishSep 19, 20224 years ago
SMA: BullishSep 12, 20224 years ago
SMA: BearishSep 2, 20224 years ago
SMA: BullishAug 8, 20224 years ago
MACD: Buy SignalJul 11, 20224 years ago
SMA: BullishJun 17, 20224 years ago
RSI: OversoldMay 9, 20224 years ago
SMA: BearishMar 28, 20224 years ago
SMA: BullishMar 21, 20224 years ago
SMA: BearishMar 7, 20224 years ago
SMA: BullishFeb 18, 20224 years ago
SMA: BearishFeb 14, 20224 years ago
SMA: BullishFeb 7, 20224 years ago

Key statistics

Market cap
21.04M
Enterprise value
50.78M
Trailing P/E
0.00
Forward P/E
-4.66
PEG ratio
0.00
Price / sales
0.12
Price / book
0.48
EPS (TTM)
-3.54
Beta
0.00
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
-56.97%
Revenue (TTM)
172.22M
Revenue growth
1.60%
Free cash flow
277.50K
Total cash
46.49M
Total debt
76.91M
Return on equity
-112.88%
Shares outstanding
28.24M
Short % of float
4.44%
50-day average
1.16
200-day average
2.39

Analyst view

Consensus: none

Price target (mean) 3.34 +2465.3% upside
Target (low)
1.35
Target (mean)
3.34
Target (high)
7.00
Ratings (0m) 4 3 buy · 1 hold · 0 sell
  • Strong buy2
  • Buy1
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Aug 8, 2024

Expected Aug 8, 2024. Consensus EPS estimate -0.13.

Earnings history

Financials — quick view

All financials
CMBM Revenue — quarterly 43.73M
2020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 2024
CMBM Net income — quarterly -9.68M
2020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 2024
CMBM EPS — quarterly -0.34
2020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 2024

Earnings

CMBM recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 7, 2024Sep 1, 2024-0.17-0.14+0.03+17.65%
Aug 8, 2024Jun 1, 2024-0.21-0.25-0.04-19.05%
Aug 8, 2024Jun 1, 2024-0.21———
May 9, 2024Mar 1, 2024-0.23-0.46-0.23-100.00%
May 9, 2024Mar 1, 2024-0.23———
Feb 15, 2024Dec 1, 2023-0.34-0.95-0.61-179.41%

Upgrades / downgrades

CMBM analyst upgrades and downgrades
DateFirmActionFromTo
Nov 12, 2024Northland Capital MarketsmainOutperformOutperform
Aug 9, 2024Northland Capital MarketsmainOutperformOutperform
Aug 9, 2024Roth MKMmainBuyBuy
May 10, 2024Roth MKMmainBuyBuy
Feb 16, 2024Raymond JamesmainOutperformOutperform
Jan 19, 2024Raymond JamesmainOutperformOutperform

About Cambium Networks Corp

Cambium Networks Corporation, together with its subsidiaries, engages in the design, development, and manufacture of wireless broadband and Wi-Fi networking infrastructure solutions. The company offers point-to-point fixed wireless backhaul and point-to-multipoint fixed wireless solutions; and enterprise solutions comprising cnMatrix cloud-managed wireless-aware switching solution, Xirrus Wi-Fi solutions, and Wi-Fi 6/6E access points which support cnMaestro and Xirrus XMS management. It also offers cnMatrix Ethernet enterprise switching solutions; cnMaestro and cnMaestro X network management platform that provide users with an integrated, intelligent, and easy to use tool for end-to-end network management; network planning tools, such as cnHeat, a network planning subscription service that provides a heat map coverage model display of locations for FWB connectivity; LINKPlanner that allows users to visualize and analyze hypothetical network deployment scenarios to evaluate performance and reliability; and cnArcher, a smartphone app that accelerates installation and deployment of fixed wireless products by field technicians. The company's products are used in broadband access, wireless backhaul, Internet of Things, public safety, national security, and defense communications networks, and Wi-Fi access applications. It serves public or private network operators; broadband internet service providers; mobile network operators; mid-market enterprises, such as education, hospitality, multi-dwelling units, and retail; state and local government; energy, mining, rail operator and utility industries; and military agencies in North America, Europe, the Middle East, Africa, the Caribbean and Latin America, and the Asia Pacific. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. Cambium Networks Corporation was founded in 2011 and is headquartered in Rolling Meadows, Illinois.

Sector
Technology
Industry
Communication Equipment
Country
United States

News

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Insider holders

CMBM insider holders
InsiderRelationLatest transactionDateShares held
CADA-BARTOLI MELISSA ELIZABETHOfficerSaleDec 1, 20244,880
KURK MORGAN C.S.Chief Executive OfficerStock Award(Grant)Aug 17, 2023100,000
KURK NEAL MUnknownPurchaseAug 22, 202311,250
LYNCH KEVIN JDirectorPurchaseNov 15, 202320,069
NIRWAN ARCHANAOfficerPurchaseNov 14, 202334,874
RAU SALLYGeneral CounselConversion of Exercise of derivative securityJun 6, 20231,134

Institution ownership

CMBM institution ownership
Holder% heldSharesValueReported
Vector Capital Management, L.P.50.72%14,325,69610.67MSep 29, 2024
Paradigm Capital Management9.76%2,756,4002.05MSep 29, 2024
Goldman Sachs Group Inc3.28%926,527690.26KSep 29, 2024
Vanguard Group Inc2.53%713,471531.53KSep 29, 2024
Kennedy Capital Management, Inc.2.29%645,634481.00KSep 29, 2024
Needham Investment Management, L.L.C.1.70%479,250357.04KSep 29, 2024

Fund ownership

CMBM fund ownership
Holder% heldSharesValueReported
Paradigm Micro Cap Fund1.77%500,000372.50KSep 29, 2024
Needham Small Cap Growth Fund1.42%400,000298.00KSep 29, 2024
Vanguard Total Stock Market Index Fund1.33%375,529279.77KSep 29, 2024
Federated Hermes MDT Mid Cap Growth Fund0.87%247,068184.06KJul 30, 2024
Vanguard Extended Market Index Fund0.55%156,165116.34KSep 29, 2024
Paradigm Value Fund0.35%100,00074.50KSep 29, 2024