Critical Contrast: Ribbon Communications (NASDAQ:RBBN) versus Canna-Global Acquisition (NASDAQ:CNGL)

Ribbon Communications (NASDAQ:RBBN) and Canna-Global Acquisition (NASDAQ:CNGL) are both small-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, valuation, analyst recommendations, earnings, dividends and profitability.

Earnings & Valuation

This table compares Ribbon Communications and Canna-Global Acquisition”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ribbon Communications	$833.88 million	1.08	-$66.21 million	($0.32)	-16.06
Canna-Global Acquisition	N/A	N/A	N/A	N/A	N/A

Canna-Global Acquisition has lower revenue, but higher earnings than Ribbon Communications.

Profitability

This table compares Ribbon Communications and Canna-Global Acquisition’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ribbon Communications	-6.62%	5.41%	2.04%
Canna-Global Acquisition	N/A	N/A	N/A

Volatility & Risk

Ribbon Communications has a beta of 1.11, indicating that its stock price is 11% more volatile than the S&P 500. Comparatively, Canna-Global Acquisition has a beta of -0.02, indicating that its stock price is 102% less volatile than the S&P 500.

Insider & Institutional Ownership

70.9% of Ribbon Communications shares are owned by institutional investors. Comparatively, 19.6% of Canna-Global Acquisition shares are owned by institutional investors. 2.1% of Ribbon Communications shares are owned by company insiders. Comparatively, 72.1% of Canna-Global Acquisition shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of current recommendations and price targets for Ribbon Communications and Canna-Global Acquisition, as reported by MarketBeat.com.

	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

Ribbon Communications presently has a consensus target price of $6.00, suggesting a potential upside of 16.73%. Given Ribbon Communications’ stronger consensus rating and higher probable upside, equities analysts plainly believe Ribbon Communications is more favorable than Canna-Global Acquisition.

Summary

Ribbon Communications beats Canna-Global Acquisition on 8 of the 10 factors compared between the two stocks.

About Ribbon Communications

Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products, solutions, and services for voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications, and unified communications and collaboration. It also offers session border controllers; and network transformation products, such as signaling products, call controllers, media gateways, and application servers. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. The IP Optical Networks segment provides hardware and software products and solutions for IP networking, switching, routing, and optical transport for technologies, such as 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, multi-service access, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.

About Canna-Global Acquisition

Canna-Global Acquisition Corp. does not have significant operations. The company intends to acquire and engage in a share exchange, share reconstruction, and amalgamation with one or more businesses or entities. It intends to focus its search of target business in the cannabis industry. The company was incorporated in 2021 and is based in Marina Del Rey, California.