Is Sonim Technologies Stock a Good Investment?
Sonim Technologies Investment Advice | SONM |
- Examine Sonim Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Sonim Technologies' leadership team and their track record. Good management can help Sonim Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Technology Hardware, Storage & Peripherals space and any emerging trends that could impact Sonim Technologies' business and its evolving consumer preferences.
- Compare Sonim Technologies' performance and market position to its competitors. Analyze how Sonim Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Sonim Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Sonim Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Sonim Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Sonim Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Sonim Technologies Stock
Researching Sonim Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 13.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.05. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sonim Technologies recorded a loss per share of 2.9. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 18th of July 2024.
To determine if Sonim Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Sonim Technologies' research are outlined below:
| Sonim Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 93.63 M. Net Loss for the year was (90 K) with profit before overhead, payroll, taxes, and interest of 11.62 M. | |
| Sonim Technologies currently holds about 18.16 M in cash with (4.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53. | |
| Sonim Technologies has a frail financial position based on the latest SEC disclosures | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Sonim Launches the XP Pro 5G with Verizon the Next Generation of Rugged |
Sonim Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Sonim Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Sonim Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 18th of March 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 18th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Sonim Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Sonim Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-14 | 2024-03-31 | -0.03 | -0.07 | -0.04 | 133 | ||
2024-03-27 | 2023-12-31 | 0.01 | -0.03 | -0.04 | 400 | ||
2023-03-20 | 2022-12-31 | -0.1 | -0.0256 | 0.0744 | 74 | ||
2022-08-12 | 2022-06-30 | -0.3 | -0.22 | 0.08 | 26 | ||
2022-03-21 | 2021-12-31 | -0.45 | -0.37 | 0.08 | 17 | ||
2022-05-10 | 2022-03-31 | -0.5 | -0.38 | 0.12 | 24 | ||
2024-11-12 | 2024-09-30 | -0.66 | -0.52 | 0.14 | 21 | ||
2022-11-14 | 2022-09-30 | -0.2 | -0.04 | 0.16 | 80 |
Know Sonim Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Sonim Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sonim Technologies backward and forwards among themselves. Sonim Technologies' institutional investor refers to the entity that pools money to purchase Sonim Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Baader Bank Inc | 2024-09-30 | 0.0 | Millennium Management Llc | 2024-06-30 | 0.0 | Renaissance Technologies Corp | 2024-06-30 | 0.0 | Old Point Trust & Financial Services N A | 2024-06-30 | 0.0 | Blackrock Inc | 2024-06-30 | 0.0 | Vanguard Group Inc | 2024-09-30 | 50.5 K | Geode Capital Management, Llc | 2024-09-30 | 20.7 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 16.1 K | Keller Group Invmt Management Inc | 2024-09-30 | 11.7 K | Citigroup Inc | 2024-09-30 | 1.5 K | Bnp Paribas Arbitrage, Sa | 2024-09-30 | 21.0 |
Sonim Technologies' market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.17 M.Market Cap |
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Sonim Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.02 | 0.02 |
Determining Sonim Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Sonim Technologies is a good buy. For example, gross profit margin measures Sonim Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Sonim Technologies' profitability and make more informed investment decisions.
Sonim Technologies' Earnings Breakdown by Geography
Evaluate Sonim Technologies' management efficiency
Sonim Technologies has return on total asset (ROA) of (0.1221) % which means that it has lost $0.1221 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.529) %, meaning that it created substantial loss on money invested by shareholders. Sonim Technologies' management efficiency ratios could be used to measure how well Sonim Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of the 3rd of December 2024, Return On Capital Employed is likely to grow to 0.02, while Return On Tangible Assets are likely to drop (0). At this time, Sonim Technologies' Other Assets are very stable compared to the past year. As of the 3rd of December 2024, Other Current Assets is likely to grow to about 2.5 M, while Non Current Assets Total are likely to drop about 7.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.54 | 0.51 | |
| Tangible Book Value Per Share | 0.54 | 0.51 | |
| Enterprise Value Over EBITDA | 118.59 | 124.52 | |
| Price Book Value Ratio | 13.70 | 13.01 | |
| Enterprise Value Multiple | 118.59 | 124.52 | |
| Price Fair Value | 13.70 | 13.01 | |
| Enterprise Value | 297.1 M | 218.9 M |
Leadership effectiveness at Sonim Technologies is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 2.523 |
Basic technical analysis of Sonim Stock
As of the 3rd of December, Sonim Technologies has the Coefficient Of Variation of 902.95, semi deviation of 2.74, and Risk Adjusted Performance of 0.0928. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sonim Technologies, as well as the relationship between them. Please validate Sonim Technologies variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Sonim Technologies is priced more or less accurately, providing market reflects its prevalent price of 3.32 per share. Given that Sonim Technologies has jensen alpha of 0.3, we advise you to double-check Sonim Technologies's current market performance to make sure the company can sustain itself at a future point.Sonim Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sonim Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sonim Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sonim Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Sonim Technologies' Outstanding Corporate Bonds
Sonim Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Sonim Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Sonim bonds can be classified according to their maturity, which is the date when Sonim Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| US835495AL63 Corp BondUS835495AL63 | View | |
| SON 18 01 FEB 25 Corp BondUS835495AM47 | View | |
| SON 225 01 FEB 27 Corp BondUS835495AN20 | View | |
| US835495AJ18 Corp BondUS835495AJ18 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| US83545GBD34 Corp BondUS83545GBD34 | View |
Understand Sonim Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Sonim Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0928 | |||
| Market Risk Adjusted Performance | 0.356 | |||
| Mean Deviation | 2.82 | |||
| Semi Deviation | 2.74 | |||
| Downside Deviation | 3.2 | |||
| Coefficient Of Variation | 902.95 | |||
| Standard Deviation | 4.14 | |||
| Variance | 17.1 | |||
| Information Ratio | 0.0807 | |||
| Jensen Alpha | 0.3 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1041 | |||
| Treynor Ratio | 0.346 | |||
| Maximum Drawdown | 26.55 | |||
| Value At Risk | (5.69) | |||
| Potential Upside | 7.51 | |||
| Downside Variance | 10.27 | |||
| Semi Variance | 7.5 | |||
| Expected Short fall | (3.54) | |||
| Skewness | 1.44 | |||
| Kurtosis | 5.11 |
| Risk Adjusted Performance | 0.0928 | |||
| Market Risk Adjusted Performance | 0.356 | |||
| Mean Deviation | 2.82 | |||
| Semi Deviation | 2.74 | |||
| Downside Deviation | 3.2 | |||
| Coefficient Of Variation | 902.95 | |||
| Standard Deviation | 4.14 | |||
| Variance | 17.1 | |||
| Information Ratio | 0.0807 | |||
| Jensen Alpha | 0.3 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1041 | |||
| Treynor Ratio | 0.346 | |||
| Maximum Drawdown | 26.55 | |||
| Value At Risk | (5.69) | |||
| Potential Upside | 7.51 | |||
| Downside Variance | 10.27 | |||
| Semi Variance | 7.5 | |||
| Expected Short fall | (3.54) | |||
| Skewness | 1.44 | |||
| Kurtosis | 5.11 |
Consider Sonim Technologies' intraday indicators
Sonim Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Sonim Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Sonim Technologies Corporate Filings
F4 | 14th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 18th of October 2024 The schedule filed by any person or group who acquires beneficial ownership of more than 5% of a voting class of a company's equity securities registered under Section 12 of the Act | ViewVerify |
| 16th of September 2024 Other Reports | ViewVerify |
Sonim Stock media impact
Far too much social signal, news, headlines, and media speculation about Sonim Technologies that are available to investors today. That information is available publicly through Sonim media outlets and privately through word of mouth or via Sonim internal channels. However, regardless of the origin, that massive amount of Sonim data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Sonim Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Sonim Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Sonim Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Sonim Technologies alpha.
Sonim Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Sonim Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Sonim Technologies Corporate Management
| Stephanie Sogawa | Legal Counsel | Profile | |
| Simon Rayne | EMEA UK | Profile | |
| Charles Becher | Chief America | Profile | |
| Clayton Crolius | Chief Officer | Profile | |
| Clay Crolius | Chief Officer | Profile | |
| Katie Smith | Chief Staff | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonim Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonim Technologies. If investors know Sonim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonim Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.90) | Revenue Per Share 15.959 | Quarterly Revenue Growth (0.57) | Return On Assets (0.12) | Return On Equity (0.53) |
The market value of Sonim Technologies is measured differently than its book value, which is the value of Sonim that is recorded on the company's balance sheet. Investors also form their own opinion of Sonim Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sonim Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonim Technologies' market value can be influenced by many factors that don't directly affect Sonim Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Sonim Technologies' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Sonim Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonim Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.