This is substantially lower than S&P 500 companies’ average P/E ratio of 35.0 times. 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 … CIEN has a market capitalization of $8,417,574,447 -- more than approximately 80.46% of US stocks. 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 … risk, allowing investors to make better decisions and streamline their work ow. To see all exchange delays and terms of use, please see disclaimer. 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. 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 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. It is based on a 60-month historical regression of the return on the stock onto the return on the S&P 500. 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. Dividend). Analysts believe the stock price remains undervalued and is in a great position to grow over the next few years. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. 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. 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. Plus500. 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? Ciena price target raised to $62 from $54 at Stifel, stock rated buy Jan. 7, 2021 at 11:07 a.m. 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. KeyBanc raised Visa Inc (NYSE: V) price target from $210 to $225. Calix stands 8th on the list of 10 best communications equipment / 5G stocks to buy now. ... these realities are reflected in a cyclical stock price that follows the ebbs and flows of the economy. balance sheet and inputs from the stock market. 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%. The company was founded in 1992 and is based in Hanover, Maryland.  Industry Rank, Ranked of 58 The stock was sold at an average price of $48.40, for a total value of $121,000.00. A stock price turnaround could be in the cards for this optical transport provider. A 5G Stock for Risk-Averse Investors? Stock analysis for Ciena Corp (CIEN:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 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.  Buy & Hold Grade Revenue) or per share (e.g. The Networking Platforms segment consists of Converged Packet Optical and Packet Networking portfolios. Press Release reported on 01/13/21 that Consolidated Communications Builds 5G-Ready Network with Ciena’s Adaptive IP Solution. Latest Stock Picks ... Buy This 5G Stock After September's Horrific Crash. 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 … In the current market session, Ciena Inc. (NYSE: CIEN) is trading at $46.14, after a 2.10% drop. The Global Services segment offers a broad suite of value-added services. The score provides a forward-looking, one-year measure of credit 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. 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. Ciena Corporation (NYSE:CIEN) provides communications equipment that is critical for the deployment of 5G technology. Disclaimer | Ciena Corp. engages in the provision of network and communication infrastructure. Ciena Corporation (NYSE:CIEN) went up by 2.37% from its latest closing price compared to the recent 1-year high of $61.51. 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. 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. It operates through the following segments: Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. ... its fundamentals have improved as it has exposure to the 5G upgrade cycle. Ciena Stock Up 42% in 2020 But Still Looks Cheap. The stock, which went public on Sept. 25, was now trading 2,159.7% above its $5.75 initial public offering price. 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. 5G Stocks: Ciena (CIEN) ... Now it’s true that NVDA stock is far from cheap, with the price-to-earnings multiple at 85x. Ordinarily, hardware manufacturing is a tough, low-margin business, especially for smaller-sized companies. 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. 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. Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com! The sale was disclosed in a legal filing with the SEC, which can be accessed through […]. © 2021 Insider Inc. and finanzen.net GmbH (Imprint). Copyright © 2021. Stock quotes by finanzen.net. * Average Estimates in Million (e.g. 76.4% of retail CFD accounts lose money. ... Ciena Corporation has a price-to-earnings (P/E) ratio of 17.3 times. 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? 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. Enjoy free access to the POWR Ratings for all stocks and ETFs on the quote pages. See CLRO, FISV, PCOM, COUP, and MKSI. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more.  Peer Grade Following Ciena's share price tumble, its P/E is now hanging on to the median market P/E. Ciena (CIEN) Up 14.8% Since Last Earnings Report: Can It Continue? 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. Shareholder percentage totals can add to more than 100% because some holders are included in the free float. All rights reserved. A backbone of 5G networks, the Maryland-based telecommunications company will continue to … We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. Ciena . account day-to-day movements in market value compared to a company’s liability structure. Cisco Systems ( CSCO ) has agreed to buy Acacia. ET by Tonya Garcia IPG Photonics Corp. stock outperforms market on strong trading day Get Ciena Corp.'s stock price today. Below are the latest news stories about Ciena Corp that investors may wish to consider to help them evaluate CIEN as an investment opportunity. To summarize, we found that Ciena Corp ranked in the 50th percentile in terms of potential gain offered. Commerce Policy | 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 Corp (CIEN) Stock Quote, History and News - Yahoo Finance, Ciena Corp (CIEN) Stock Price and Basic Information | MarketWatch. 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 Source: FactSet. 60-Month Beta: Coefficient that measures the volatility of a stock's returns relative to the market (S&P 500). View today's stock price, news and analysis for Ciena Corp. (CIEN). 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). 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. 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. ... Keep adding. These purpose-built products contain costs and are quickly deployable and programmable for rapid service velocity. 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. Ciena (NYSE: CIEN) 5G Stocks to Buy: Advanced Micro Devices (AMD) ... Nokia is another stock whose share price the pandemic has pummeled. Potential 5G stocks to buy include Corning , Ciena , Acacia Communications and other fiber-optic players. Real time Ciena (CIEN) stock price quote, stock graph, news & analysis. CIEN stock quote, chart and news. Ciena Corporation (NYSE:CIEN) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock? 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. 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 As you might know, Ciena Corporation ( NYSE:CIEN ) recently reported its full-year numbers. Updated daily, it takes into Visa shares rose 0.5% to $209.80 in pre-market trading. With 5G … 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. Compare the latest price, visualised quantitative ratios, annual reports, historical dividends, pricing and company announcements to find … Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. If you're looking for stocks that are quantitatively similar to Ciena Corp, a group of peers worth examining would be. Consolidated Communications is working with Ciena to upgrade its wireline network to support new and emerging 5G services and applications. View PSMI's stock price, price target, earnings, financials, forecast, insider trades, news, and SEC filings at MarketBeat. LTV has deployed Ciena’s coherent optics, network management and automation software to serve the country’s OTT, data center and cloud providers. Just enter your email address below. in Technology - Communication/Networking. Exploring (PSMI) (NASDAQ:PSMI) stock? 5 Top Stock Trades for Friday: SNAP, TWTR, PLAY, LMND, CIEN. • 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. CIEN: Get the latest CIENA stock price and detailed information including CIEN news, historical charts and realtime prices. Trade Grade Made In NYC | *The average price target includes all analyst analysis, not just the most recent analysis presented in the chart. 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