Canna-Global Acquisition (NASDAQ:CNGL) vs. Ribbon Communications (NASDAQ:RBBN): A Comparative Analysis

Canna-Global Acquisition (NASDAQ:CNGL) and Ribbon Communications (NASDAQ:RBBN) are both small-cap firms operating within the technology sector. This article examines which of these companies presents a more attractive investment opportunity by analyzing them across several key metrics including dividends, institutional ownership, earnings performance, analyst recommendations, valuation, profitability, and overall risk.

Analyst Ratings

Recent evaluations of Ribbon Communications and Canna-Global Acquisition, as indicated by MarketBeat.com, provide insights into market sentiment. The following table summarizes their ratings:

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ribbon Communications	0	0	4	0	3.00
Canna-Global Acquisition	0	0	0	0	0.00

Current consensus among analysts for Ribbon Communications places its price target at $6.00, suggesting a potential upside of 21.21%. This indicates a more favorable outlook for Ribbon Communications compared to Canna-Global Acquisition.

Institutional and Insider Ownership

Institutional investors own a significant portion of Ribbon Communications, holding 70.9% of its shares. In contrast, only 19.6% of Canna-Global Acquisition's shares are held by institutional investors. Moreover, insider ownership is starkly different, with insiders owning 2.1% of Ribbon's shares while 72.1% of Canna-Global's shares are in the hands of insiders. A strong institutional presence often signals confidence in a company's potential for long-term growth.

Earnings & Valuation

The table below contrasts the revenue and earnings performance of both companies:

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ribbon Communications	$833.88 million	1.04	-$54.24 million	($0.32)	-15.47
Canna-Global Acquisition	N/A	N/A	N/A	N/A	N/A

While Canna-Global Acquisition reports lower revenue figures, it has been noted to have higher earnings.

Profitability

When examining profitability, the comparison highlights the following metrics:

	Net Margins	Return on Equity	Return on Assets
Ribbon Communications	-6.50%	7.36%	2.73%
Canna-Global Acquisition	N/A	N/A	N/A

Risk & Volatility

Looking at the risk profile, Ribbon Communications has a beta of 1.11, signaling that its stock is 11% more volatile than the S&P 500 index. Canna-Global Acquisition, on the other hand, has a beta of -0.02, indicating that it is significantly less volatile—by 102%—compared to the S&P 500.

Summary

Across the comparison of eight out of ten key performance indicators, Ribbon Communications emerges as the stronger candidate compared to Canna-Global Acquisition.

About Ribbon Communications

Ribbon Communications Inc. specializes in communication technologies, serving regions including the United States and Europe, as well as markets in the Asia Pacific, the Middle East, and Africa. The company operates under two divisions: Cloud and Edge, and IP Optical Networks. Their offerings encompass software and hardware tailored for various voice communications and network solutions, catering to a diverse clientele such as enterprises and service providers. Founded in 1997 and headquartered in Plano, Texas, the company has rebranded from its former name, Sonus Networks, in 2017.

About Canna-Global Acquisition

Canna-Global Acquisition Corp. is a newer entity, established in 2021, with headquarters in Marina Del Rey, California. The company does not have operational revenue but aims to engage in acquisitions focused on the cannabis sector, seeking opportunities for share exchange and reconstruction.

investment, technology, business