Ciena Corporation (CIEN)
- Previous Close
44.80 - Open
44.26 - Bid --
- Ask --
- Day's Range
43.40 - 44.62 - 52 Week Range
39.94 - 63.24 - Volume
1,485,238 - Avg. Volume
2,080,093 - Market Cap (intraday)
6.329B - Beta (5Y Monthly) 1.00
- PE Ratio (TTM)
28.42 - EPS (TTM)
1.54 - Earnings Date Jun 4, 2024 - Jun 10, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
58.00
Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company's Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services. Its products include 6500 Packet-Optical Platform, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as 8100 coherent routing platforms; 3000 family of service delivery switches and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, multi-cloud orchestration, and unified assurance and analytics services. Its Platform Software and Service segment offers MCP domain controller solution, and OneControl unified management system, as well as planning tools. The company's Global Services segment provides maintenance support and training, installation and deployment, and consulting and network design services. Ciena Corporation was incorporated in 1992 and is headquartered in Hanover, Maryland.
www.ciena.com8,313
Full Time Employees
October 28
Fiscal Year Ends
Sector
Industry
Recent News: CIEN
Performance Overview: CIEN
Trailing total returns as of 4/18/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: CIEN
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Statistics: CIEN
Valuation Measures
Market Cap
6.33B
Enterprise Value
6.57B
Trailing P/E
28.42
Forward P/E
17.99
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
1.49
Price/Book (mrq)
2.16
Enterprise Value/Revenue
1.50
Enterprise Value/EBITDA
12.34
Financial Highlights
Profitability and Income Statement
Profit Margin
5.22%
Return on Assets (ttm)
4.24%
Return on Equity (ttm)
7.92%
Revenue (ttm)
4.37B
Net Income Avi to Common (ttm)
228.13M
Diluted EPS (ttm)
1.54
Balance Sheet and Cash Flow
Total Cash (mrq)
1.37B
Total Debt/Equity (mrq)
55.01%
Levered Free Cash Flow (ttm)
561.46M
Research Analysis: CIEN
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: CIEN
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Analyst Report: CIENA Corp.
Ciena participates in optical transport and switching, converged optical Ethernet solutions, carrier Ethernet, and global services for its customers. The addition of Nortel MEN in March 2010 more than doubled the revenue base. Ciena operates in three segments: Network Platforms, representing 75%-80% of revenue; Software & Related Services, 6%-8% of revenue; and Global Services, 12%-14% of revenue.
RatingBullishPrice TargetMarket Update: ENB, CIEN, BBWI, APO
U.S. stocks rose on Thursday morning as investors digested new economic data. Last week's initial jobless claims were 217,000, unchanged from the prior week's revised level. Ongoing unemployment was 1,906,000, an increase of 8,000 from the previous week's re-vised level. That leaves the insured unemployment rate at 1.3%. The international trade deficit widened to 67.4 billion in January according to the U.S. Bureau of Economic Analysis. Exports inched up by $0.3 billion, with automobiles and parts exports rising $1.4 billion while industrial supplies and material exports fell $1.7 billion. The S&P 500 rose 0.9%, the Dow 0.3% and the Nasdaq gained 1.4%. Crude oil traded just above $79 per barrel, while gold rose $7 to $2165 per ounce.
Analyst Report: CIENA Corp.
Ciena participates in optical transport and switching, converged optical Ethernet solutions, carrier Ethernet, and global services for its customers. The addition of Nortel MEN in March 2010 more than doubled the revenue base. Ciena operates in three segments: Network Platforms, representing 75%-80% of revenue; Software & Related Services, 6%-8% of revenue; and Global Services, 12%-14% of revenue.
RatingBullishPrice Target