Alert: New Earnings Report (3/5/24)-Ooma Inc (NYSE: OOMA).

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Ooma Inc (NYSE: OOMA) has reported E.P.S. of $-0.12 for its fourth fiscal quarter (ending January 31) versus $-0.02 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $-0.03 compared to $-0.15 a year ago.

Recent Price Action

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Ooma Inc (NYSE: OOMA) stock closed at $9.89 on 3/5/24 after a slight decline of -0.6%. NORMAL trading volume accompanied the decline. The stock has declined -2.4% during the last week and has been extremely weak relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, OOMA is expected to continue to be an important Value Builder.

Ooma has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Ooma has a slightly negative Appreciation Score of 32 and a poor Power Rating of 18, triggering the Lowest Value Trend Rating.

Rating Review

In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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