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Ciena (CIEN)
NYSE:CIEN
Ciena (CIEN) Stock Price & Analysis
1,644 Followers
CIEN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$39.94 - $54.25
Previous Close$46.75
Volume1.17M
Average Volume (3M)1.22M
Market Cap
$6.91B
Enterprise Value$7.26B
Total Cash (Recent Filing)$1.26B
Total Debt (Recent Filing)$1.61B
Price to Earnings (P/E)31.6
Beta1.16
Next Earnings
Dec 07, 2023EPS Estimate
$0.69Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.48
Shares Outstanding147,842,355
10 Day Avg. Volume1,011,001
30 Day Avg. Volume1,217,795
Standard Deviation0.11
R-Squared0.22
Alpha0.00228
Financial Highlights & Ratios
Price to Book (P/B)3.03
Price to Sales (P/S)5.96
Price to Cash Flow (P/CF)197.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.69
Enterprise Value/Gross Profit4.65
Enterprise Value/Ebitda13.83
Forecast
1Y Price Target
$58.33Price Target Upside24.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Ciena News
Ownership Overview
1.69% Insiders
27.56% Mutual Funds
49.75% Other Institutional Investors
21.00% Public Companies and Individual Investors
CIEN FAQ
What was Ciena’s price range in the past 12 months?
Ciena lowest stock price was $39.94 and its highest was $54.25 in the past 12 months.
What is Ciena’s market cap?
Currently, no data Available
When is Ciena’s upcoming earnings report date?
Ciena’s upcoming earnings report date is Dec 07, 2023 which is in 3 days.
How were Ciena’s earnings last quarter?
Ciena released its earnings results on Aug 31, 2023. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.517 by $0.073.
Is Ciena overvalued?
According to Wall Street analysts Ciena’s price is currently Undervalued.
Does Ciena pay dividends?
Ciena does not currently pay dividends.
What is Ciena’s EPS estimate?
Ciena’s EPS estimate is $0.69.
How many shares outstanding does Ciena have?
Ciena has 147,842,360 shares outstanding.
What happened to Ciena’s price movement after its last earnings report?
Ciena reported an EPS of $0.59 in its last earnings report, beating expectations of $0.517. Following the earnings report the stock price went up 15.802%.
Which hedge fund is a major shareholder of Ciena?
Among the largest hedge funds holding Ciena’s share is Diamond Hill Capital Management Inc. It holds Ciena’s shares valued at 109M.
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Ciena Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$58.33 (24.77% Upside)
$58.33 (24.77% Upside)
Blogger Sentiment
Bullish
CIEN Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 174.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.7%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Very Positive
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
4.60%
12-Months-Change
Fundamentals
Return on Equity
7.88%
Trailing 12-Months
Asset Growth
16.78%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Ciena
Ciena Corp. engages in the provision of network and communication infrastructure. It operates through the following segments: Converged Packet Optical; Packet Networking; Optical Transport; and Software and Services. The Converged Packet Optical segment develops and sells optical processors, switching systems and operating system software. The Packet Networking segment includes service delivery switches, services aggregation switches, and ethernet packet configurations. The Optical Transport segment manufactures and trades optical transport systems, common photonic layer, data networking products, data center interconnection and virtual networks. The Software and Services segment provides wide area network controller, network functions virtualization platform, and software applications. The company was founded by Patrick H. Nettles in November 1992 and is headquartered in Hanover, MD.
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Top 5 ETFs holding CIEN
Vanguard Total Stock Market ETF
$197.33M
Vanguard Information Technology ETF
$55.84M
Vanguard Russell 1000 ETF
$889.83K
Vanguard Russell 3000 ETF
$409.17K
SPDR S&P 1500 Value Tilt ETF
$41.36K
Up to five ETFs with an Outperform Smart Score that hold CIEN. The ETFs are listed according to market value of CIEN within the ETF
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