Ciena Corporation (NYSE:CIEN) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock? ... Ciena Corporation has a price-to-earnings (P/E) ratio of 17.3 times. It operates through the following segments: Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. Ciena Corporation (NYSE:CIEN) provides communications equipment that is critical for the deployment of 5G technology. Ciena price target raised to $62 from $54 at Stifel, stock rated buy Jan. 7, 2021 at 11:07 a.m. LTV has deployed Ciena’s coherent optics, network management and automation software to serve the country’s OTT, data center and cloud providers. Enjoy free access to the POWR Ratings for all stocks and ETFs on the quote pages. risk, allowing investors to make better decisions and streamline their work ow. Plus500. The business' balance sheet suggests that 8% of the company's capital is sourced from debt; this is greater than only 23.52% of the free cash flow producing stocks we're observing. Let's take a closer look at Ciena's latest performance, and see if investors should be buying the stock in the hopes of a turnaround. Ciena had said at that time that it was witnessing "a meaningful slowdown in orders" in the wake of the novel coronavirus pandemic -- a trend that continued in the fiscal fourth quarter. The company was founded in 1992 and is based in Hanover, Maryland. © 2021 Insider Inc. and finanzen.net GmbH (Imprint). * Average Estimates in Million (e.g. Shareholder percentage totals can add to more than 100% because some holders are included in the free float. Trade Grade View today's stock price, news and analysis for Ciena Corp. (CIEN). The stock was sold at an average price of $48.40, for a total value of $121,000.00. Ciena Corporation Common Stock (CIEN) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Press Release reported on 01/13/21 that Consolidated Communications Builds 5G-Ready Network with Ciena’s Adaptive IP Solution. 60-Month Beta: Coefficient that measures the volatility of a stock's returns relative to the market (S&P 500). Ciena provides networking equipment and services to telecom operators for deployment of 5G networks, and this will likely bode well for the stock in the near term. A backbone of 5G networks, the Maryland-based telecommunications company will continue to … Revenues of US$3.5b were in... Ciena Corp (CIEN) Stock Price | NasdaqCiena Corp (CIEN) Stock Quote, History and News - Yahoo FinanceCiena Corp (CIEN) Stock Price and Basic Information | MarketWatch. Buy & Hold Grade in Technology - Communication/Networking. Visa shares rose 0.5% to $209.80 in pre-market trading. Ciena Corporation is a network strategy and technology company, which provides solutions that enable a range of network operators to adopt communication architectures and deliver an array of services, relied upon by enterprise and consumer end users. With 5G … Revenue) or per share (e.g. Analysts believe the stock price remains undervalued and is in a great position to grow over the next few years. • 4 Renewable Energy ETFs to thrive under Biden, • 3 Small-Cap Tech Stocks to Own in 2021: Repay, Ultra Clean, and Ideanomics, Consolidated Communications Builds 5G-Ready Network with Ciena’s Adaptive IP Solution, Lightstorm Telecom Ventures Builds High-Capacity Network with Ciena for India’s OTT Ecosystem, Why Investors Need to Look Past Ciena's Near-Term Troubles, David M. Rothenstein Sells 2,500 Shares of Ciena Co. (NYSE:CIEN) Stock. ... Keep adding. 5G xHaul refers to fronthaul, midhaul, and backhaul transport networks that interconnect cell sites to each other, to mobile core networks, and ultimately to data centers, where end-user data and content is hosted and accessed. balance sheet and inputs from the stock market. Exploring (PSMI) (NASDAQ:PSMI) stock? Registration on or use of this site constitutes acceptance of our, 10 Biggest Price Target Changes For Wednesday, Acacia Communications standalone value $95-$110/share, Needham says, 7 5G Stocks to Buy As Security Concerns Dominate Tech Decisions. Industry Rank, Ranked of 58 Ciena stock currently trades at a trailing price-to-earnings (P/E) ratio of just 18, much cheaper than where it was just a couple of months ago and … 76.4% of retail CFD accounts lose money. This is substantially lower than S&P 500 companies’ average P/E ratio of 35.0 times. 5 Top Stock Trades for Friday: SNAP, TWTR, PLAY, LMND, CIEN. 7-for-1 Reverse Stock Split; Stockholders of Record: September 22, 2006: Price Before Reverse Split: $4.29: Price After Reverse Split: $29.68: First Trading Date Following Reverse Split Effectiveness: September 25, 2006: Reverse Split Ratio: 1-for-7 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Calix stands 8th on the list of 10 best communications equipment / 5G stocks to buy now. Peer Grade Over the past twelve months, CIEN has reported earnings growth of 38.97%, putting it ahead of 78.56% of US stocks in our set. It is based on a 60-month historical regression of the return on the stock onto the return on the S&P 500. Ciena Co. (NYSE:CIEN) VP David M. Rothenstein sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 15th. Ciena Corp. engages in the provision of network and communication infrastructure. Ciena Co. (NYSE:CIEN) VP David M. Rothenstein sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 15th. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. Potential 5G stocks to buy include Corning , Ciena , Acacia Communications and other fiber-optic players. In terms of the factors that were most noteworthy in this DCF analysis for CIEN, they are: Want more companies with a valuation profile/forecast similar to that of Ciena Corp? We started the process of determining a valid price forecast for Ciena Corp with a discounted cash flow analysis -- the results of which can be found in the table below. Just enter your email address below. Of note is the ratio of Ciena Corp's sales and general administrative expense to its total operating expenses; 28.56% of US stocks have a lower such ratio. CIEN has a market capitalization of $8,417,574,447 -- more than approximately 80.46% of US stocks. Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide. To summarize, we found that Ciena Corp ranked in the 50th percentile in terms of potential gain offered. See CLRO, FISV, PCOM, COUP, and MKSI. Following Ciena's share price tumble, its P/E is now hanging on to the median market P/E. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. The sale was disclosed in a legal filing with the SEC, which can be accessed through […]. Ciena Corporation (NYSE:CIEN) went up by 2.37% from its latest closing price compared to the recent 1-year high of $61.51. These purpose-built products contain costs and are quickly deployable and programmable for rapid service velocity. Commerce Policy | Stock analysis for Ciena Corp (CIEN:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Compare the latest price, visualised quantitative ratios, annual reports, historical dividends, pricing and company announcements to find … The stock, which went public on Sept. 25, was now trading 2,159.7% above its $5.75 initial public offering price. Ciena’s product portfolio offers a flexible set of switching and routing platforms for service delivery and aggregation, designed to anticipate the demands of 5G operations. Get today's Ciena Corp stock price and latest CIEN news as well as Ciena Corp real-time stock quotes, technical analysis, full financials and more. Ciena is one of the world’s biggest players in advanced optical networking. Ciena (CIEN) Up 14.8% Since Last Earnings Report: Can It Continue? View PSMI's stock price, price target, earnings, financials, forecast, insider trades, news, and SEC filings at MarketBeat. Cisco Systems ( CSCO ) has agreed to buy Acacia. Ciena will join the telecommunication industry’s leading operators and manufacturers on the Board to facilitate the advancement of 5G technology and the transformation of 4G LTE networks in the Americas region. Below are the latest news stories about Ciena Corp that investors may wish to consider to help them evaluate CIEN as an investment opportunity. *The average price target includes all analyst analysis, not just the most recent analysis presented in the chart. ET by Tonya Garcia IPG Photonics Corp. stock outperforms market on strong trading day ... its fundamentals have improved as it has exposure to the 5G upgrade cycle. If you're looking for stocks that are quantitatively similar to Ciena Corp, a group of peers worth examining would be. The Networking Platforms segment consists of Converged Packet Optical and Packet Networking portfolios. A 5G Stock for Risk-Averse Investors? 5G Stocks: Ciena (CIEN) ... Now it’s true that NVDA stock is far from cheap, with the price-to-earnings multiple at 85x. CIEN: Get the latest CIENA stock price and detailed information including CIEN news, historical charts and realtime prices. Real time Ciena (CIEN) stock price quote, stock graph, news & analysis. CIEN stock quote, chart and news. The Blue Planet Automation Software and Services segment enables customers to implement large-scale software and IT-led OSS transformations by transforming legacy networks into “service ready†networks. The stock was sold at an average price of $48.40, for a total value of $121,000.00. Consolidated Communications is working with Ciena to upgrade its wireline network to support new and emerging 5G services and applications. In the current market session, Ciena Inc. (NYSE: CIEN) is trading at $46.14, after a 2.10% drop. account day-to-day movements in market value compared to a company’s liability structure. The wheels have come off Ciena's (NYSE: CIEN) impressive run on the stock market in the past few months thanks to a series of below-par results and concerns about the strength of the market it operates in. The Global Services segment offers a broad suite of value-added services. In the week commencing 2nd November, Ciena's stock was valued at $39.15, but following the market rally after the US election, it returned to $42.87, and has … To see all exchange delays and terms of use, please see disclaimer. Dividend). ... these realities are reflected in a cyclical stock price that follows the ebbs and flows of the economy. In the past five trading days, Lumen Technologies has been the best performer with its stock gaining 2.7%, while Motorola was the biggest decliner with its stock falling 1.4%. Ciena Stock Up 42% in 2020 But Still Looks Cheap. Made In NYC | The score provides a forward-looking, one-year measure of credit Ciena’s stock price has been increasing at an alarming rate recently, and there’s no reason to think this upward trend won’t continue thanks to the number of huge companies working with Ciena to get ready for 5G. As you might know, Ciena Corporation ( NYSE:CIEN ) recently reported its full-year numbers. 5G Americas, the industry trade association and voice of 5G and LTE for the Americas, today announced the election of Ciena (NYSE: CIEN) to its Board of Governors. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. The Platform Software and Services segment provides analytics, data, and planning tools to assist customers in managing Ciena’s Networking Platforms products in their networks. Source: FactSet. Ciena stock currently trades at a trailing price-to-earnings (P/E) ratio of just 18, much cheaper than where it was just a couple of months ago and … The California-based company provides systems and devices for … A stock price turnaround could be in the cards for this optical transport provider. Ciena (NYSE: CIEN) 5G Stocks to Buy: Advanced Micro Devices (AMD) ... Nokia is another stock whose share price the pandemic has pummeled. Ordinarily, hardware manufacturing is a tough, low-margin business, especially for smaller-sized companies. Latest Stock Picks ... Buy This 5G Stock After September's Horrific Crash. Disclaimer | All rights reserved. Interest coverage, a measure of earnings relative to interest payments, is 15.56 -- which is good for besting 76.06% of its peer stocks (US stocks in the Technology sector with positive cash flow). CIEN's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 37.56% of tickers in our DCF set. Ciena Corp (CIEN) Stock Quote, History and News - Yahoo Finance, Ciena Corp (CIEN) Stock Price and Basic Information | MarketWatch. The company’s stock price has collected 3.95% of gains in the last five trading sessions. KeyBanc raised Visa Inc (NYSE: V) price target from $210 to $225. Get Ciena Corp.'s stock price today. The company was founded by Patrick H. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s Ciena . Copyright © 2021. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. Take a closer look at each part of the 5G xHaul network in this three-part blog series from Ciena’s Brian Lavallee. Is CIENA (NYSE:CIEN) a buy? Stock quotes by finanzen.net. Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com! Updated daily, it takes into It is based in Hanover, Maryland median market P/E value compared to a ’..., Ranked of 58 in technology - ciena 5g stock price smaller-sized companies credit risk allowing. The next few years Ciena Corp that investors may wish to consider to help them evaluate CIEN as investment. Horrific Crash, its P/E is now hanging on to the POWR ratings all! That Consolidated Communications Builds 5G-Ready network with Ciena to upgrade its wireline network to support new and 5G... 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