Ciena Corporation

52.89-1.08-2.00%Vol 911.72K1Y Perf -4.41%
Aug 11th, 2022 16:00 DELAYED
BID52.61 ASK53.20
Open53.94 Previous Close53.97
Pre-Market- After-Market53.22
 - -  0.33 0.62%
Target Price
68.57 
Analyst Rating
Strong Buy 1.50
Potential %
29.65 
Finscreener Ranking
★★★     49.53
Insiders Trans % 3/6/12 mo.
-100/-100/-100 
Value Ranking
★★★+     54.55
Insiders Value % 3/6/12 mo.
-100/-100/-100 
Growth Ranking
★★★★+     62.91
Insiders Shares Cnt. % 3/6/12 mo.
-100/-100/-100 
Income Ranking
 —    -
Price Range Ratio 52W %
30.72 
Earnings Rating
Strong Sell
Market Cap7.92B 
Earnings Date
1st Sep 2022
Alpha0.01 Standard Deviation0.11
Beta0.90 

Today's Price Range

52.7054.40

52W Range

41.6378.28

5 Year PE Ratio Range

-12.1056.00

Summary:

Buy

Technical Indicators: Buy
Moving Averages: Strong Buy
Performance
1 Week
0.00%
1 Month
13.79%
3 Months
4.82%
6 Months
-17.13%
1 Year
-4.41%
3 Years
22.80%
5 Years
118.82%
10 Years
194.16%

TickerPriceChg.Chg.%
CIEN52.89-1.0800-2.00
AAPL168.49-0.7500-0.44
GOOG119.82-0.8300-0.69
MSFT287.02-2.1400-0.74
XOM93.192.62002.89
WFC45.250.92002.08
JNJ167.14-3.5300-2.07
FB196.640.99000.51
GE78.901.76002.28
JPM120.141.75001.48
 
ProfitabilityValueIndustryS&P 500US Markets
45.50
10.70
14.30
8.90
10.95
RevenueValueIndustryS&P 500US Markets
3.82B
25.54
2.40
6.29
Earnings HistoryEstimateReportedSurprise %
Q02 20220.420.36-14.29
Q01 20220.360.35-2.78
Q04 20210.760.75-1.32
Q03 20210.690.8117.39
Q02 20210.390.5233.33
Q01 20210.360.4216.67
Q04 20200.540.53-1.85
Q03 20200.740.9832.43
Earnings Per EndEstimateRevision %Trend
7/2022 QR0.21-72.73Negative
10/2022 QR0.62-36.73Negative
10/2022 FY1.53-38.55Negative
10/2023 FY2.62-18.89Negative
Next Report Date1st Sep 2022
Estimated EPS Next Report0.21
Estimates Count7
EPS Growth Next 5 Years %15.00
Volume Overview
Volume911.72K
Shares Outstanding149.70K
Shares Float133.04M
Trades Count11.80K
Dollar Volume48.56M
Avg. Volume1.08M
Avg. Weekly Volume897.06K
Avg. Monthly Volume989.69K
Avg. Quarterly Volume1.36M

Ciena Corporation (NYSE: CIEN) stock closed at 52.89 per share at the end of the most recent trading day (a -2% change compared to the prior day closing price) with a volume of 911.72K shares and market capitalization of 7.92B. Is a component of Russell 1000 indices and it is traded on NYSE exchange. The company belongs in the Hardware industry, Technology sector and employs 7032 people. Ciena Corporation CEO is Gary B. Smith.

The one-year performance of Ciena Corporation stock is -4.41%, while year-to-date (YTD) performance is -31.28%. CIEN stock has a five-year performance of 118.82%. Its 52-week range is between 41.63 and 78.28, which gives CIEN stock a 52-week price range ratio of 30.72%

Ciena Corporation currently has a PE ratio of 17.50, a price-to-book (PB) ratio of 2.56, a price-to-sale (PS) ratio of 1.84, a price to cashflow ratio of 19.70, a PEG ratio of 2.32, a ROA of 9.68%, a ROC of 12.12% and a ROE of 16.58%. The company’s profit margin is 10.95%, its EBITDA margin is 14.30%, and its revenue ttm is $3.82 Billion , which makes it $25.54 revenue per share.

Of the last four earnings reports from Ciena Corporation, there were 1 positive earnings surprise and 3 negative earnings surprise. The company has EPS estimate of $0.21 for the next earnings report. Ciena Corporation’s next earnings report date is 01st Sep 2022.

The consensus rating of Wall Street analysts for Ciena Corporation is Strong Buy (1.5), with a target price of $68.57, which is +29.65% compared to the current price. The earnings rating for Ciena Corporation stock is Strong Sell (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

Ciena Corporation has a dividend yield of -% with a dividend per share of $- and a payout ratio of -%.

Ciena Corporation has a Buy technical analysis rating based on Technical Indicators (ADX : 14.61, ATR14 : 1.59, CCI20 : 102.49, Chaikin Money Flow : 0.24, MACD : 1.48, Money Flow Index : 74.92, ROC : 9.44, RSI : 49.37, STOCH (14,3) : 77.83, STOCH RSI : 0.53, UO : 56.72, Williams %R : -22.17), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Ciena Corporation in the last 12-months were: Andrew C. Petrik (Option Excercise at a value of $0), Andrew C. Petrik (Sold 9 000 shares of value $526 600 ), David M. Rothenstein (Option Excercise at a value of $0), David M. Rothenstein (Sold 38 000 shares of value $2 160 534 ), Gary B. Smith (Option Excercise at a value of $0), Gary B. Smith (Sold 64 536 shares of value $3 430 318 ), James E. Moylan (Option Excercise at a value of $0), James E. Moylan (Sold 18 000 shares of value $1 034 680 ), Jason Phipps (Option Excercise at a value of $0), Jason Phipps (Sold 29 780 shares of value $2 035 858 ), Judith M. O'Brien (Sold 2 839 shares of value $174 315 ), Rick Dodd (Option Excercise at a value of $0), Rick Dodd (Sold 23 731 shares of value $1 577 266 ), Scott McFeely (Option Excercise at a value of $0), Scott McFeely (Sold 42 500 shares of value $2 550 011 ), Stephen B. Alexander (Option Excercise at a value of $0), Stephen B. Alexander (Sold 20 000 shares of value $1 151 060 )

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
11 (68.75 %)
10 (66.67 %)
7 (53.85 %)
Moderate Buy
2 (12.50 %)
2 (13.33 %)
2 (15.38 %)
Hold
3 (18.75 %)
3 (20.00 %)
4 (30.77 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Strong Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Summary RatingStrong Buy
1.50
Strong Buy
1.53
Moderate Buy
1.77

Ciena Corporation

Ciena Corp is a network strategy and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises worldwide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India.

CEO: Gary B. Smith

Telephone: +1 410 694-5700

Address: 7035 Ridge Road, Hanover 21076, MD, US

Number of employees: 7 032

Bearish or Bullish?
WeekMonthThree MonthsSix Months

Bearish Bullish

50%50%

Bearish Bullish

53%47%

Bearish Bullish

53%47%

Bearish Bullish

57%43%

TipRanks News for CIEN

Tue, 05 Jul 2022 09:20 GMT Ciena (CIEN) Gets a Buy Rating from Jefferies

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Thu, 30 Jun 2022 05:56 GMT Analysts Offer Insights on Technology Companies: Ciena (CIEN), Universal Display (OLED) and Q2 Holdings (QTWO)

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Fri, 17 Jun 2022 02:35 GMT Analysts Opinions Are Mixed on These Technology Stocks: Ciena (CIEN), Verint Systems (VRNT) and Samsara (IOT)

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Fri, 10 Jun 2022 02:15 GMT Ciena (CIEN) Gets a Buy Rating from Rosenblatt Securities

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Fri, 03 Jun 2022 12:10 GMT Analysts Offer Insights on Technology Companies: Ciena (CIEN) and Elastic (ESTC)

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Thu, 02 Jun 2022 19:45 GMT Analysts Have Conflicting Sentiments on These Technology Companies: Ciena (CIEN) and SecureWorks (SCWX)

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Thu, 02 Jun 2022 16:55 GMT Ciena (CIEN) Receives a Buy from Rosenblatt Securities

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Thu, 14 Apr 2022 12:35 GMT Analysts Are Bullish on These Technology Stocks: Ciena (CIEN), Marathon Digital Holdings (MARA)

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Mon, 11 Apr 2022 11:35 GMT Analysts Offer Insights on Technology Companies: Ciena (CIEN) and Harmonic (HLIT)

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Tue, 08 Mar 2022 13:45 GMT Analysts Offer Insights on Technology Companies: Ciena (CIEN) and GoodRx Holdings (GDRX)

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Tue, 08 Mar 2022 12:30 GMT Analysts Offer Insights on Technology Companies: Ciena (CIEN) and The Arena Group (AREN)

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Mon, 07 Mar 2022 20:45 GMT Ciena (CIEN) Received its Third Buy in a Row

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Mon, 07 Mar 2022 18:25 GMT Analysts Offer Insights on Technology Companies: Ciena (CIEN) and KVH Industries (KVHI)

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Wed, 16 Feb 2022 13:15 GMT Analysts Offer Insights on Technology Companies: Ciena (CIEN), Fidelity National Info (FIS) and Item 9 Labs (OtherINLB)

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Wed, 16 Feb 2022 11:55 GMT Ciena (CIEN) Gets a Buy Rating from Needham

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News

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