CIEN:NYE-Ciena Corporation (USD)

EQUITY | Communication Equipment | New York Stock Exchange

Last Closing

USD 46.61

Change

0.00 (0.00)%

Market Cap

USD 3.07B

Volume

1.46M

Analyst Target

USD 53.47
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Ciena Corp is a network specialist providing networking solutions. It provides equipment, software & services supporting the transport, switching, aggregation, service delivery & management of voice, video and data traffic on communications networks.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-28 )

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ETFs Containing CIEN

XTL SPDR® S&P Telecom ETF 4.87 % 0.35 %

-0.41 (0.02%)

USD 0.13B
IDAT Ishares Trust - Cloud Dat.. 2.87 % 0.00 %

-0.67 (0.02%)

USD 7.76M
IS4S:XETRA iShares Digital Security .. 1.88 % 0.00 %

-0.06 (0.02%)

USD 1.56B
L0CK:XETRA iShares Digital Security .. 1.88 % 0.00 %

-0.05 (0.02%)

USD 1.56B
LOCK:SW iShares Digital Security .. 1.88 % 0.00 %

N/A

N/A
HAPY Harbor Corporate Culture .. 1.62 % 0.00 %

-0.02 (0.02%)

USD 0.01B
NXTG First Trust NASDAQ Smartp.. 1.58 % 0.70 %

-1.46 (0.02%)

USD 0.38B
CT2B:LSE iShares Smart City Infras.. 1.51 % 0.00 %

-0.01 (0.02%)

USD 0.04B
AYEU:F iShares Smart City Infras.. 1.46 % 0.00 %

-0.08 (0.02%)

USD 0.34B
AYEU:XETRA iShares Smart City Infras.. 1.46 % 0.00 %

-0.05 (0.02%)

USD 0.33B
AYEV:F iShares Smart City Infras.. 1.46 % 0.00 %

-0.07 (0.02%)

USD 0.33B
AYEV:XETRA iShares Smart City Infras.. 1.46 % 0.00 %

-0.05 (0.02%)

USD 0.33B
CISB:SW iShares Smart City Infras.. 1.38 % 0.00 %

N/A

USD 0.38B
SMDY 1.38 % 0.00 %

N/A

N/A
EQAL Invesco Russell 1000 Equa.. 0.62 % 0.20 %

-0.06 (0.02%)

USD 0.62B
JPME JPMorgan Diversified Retu.. 0.49 % 0.24 %

+0.11 (+0.02%)

USD 0.41B
JPUS JPMorgan Diversified Retu.. 0.49 % 0.19 %

-0.04 (0.02%)

USD 0.44B
EQWM Invesco S&P MidCap Qualit.. 0.00 % 0.25 %

N/A

N/A
IGN 0.00 % 0.46 %

N/A

N/A
IYZ 0.00 % 0.42 %

N/A

N/A
PXMG 0.00 % 0.39 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Communication Equipment) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.55% 42% F 62% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.55% 42% F 58% F
Trailing 12 Months  
Capital Gain 1.24% 42% F 42% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.24% 42% F 31% F
Trailing 5 Years  
Capital Gain 21.51% 57% F 60% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 21.51% 43% F 50% F
Average Annual (5 Year Horizon)  
Capital Gain 5.82% 58% F 61% D-
Dividend Return 5.82% 42% F 53% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 22.14% 83% B 51% F
Risk Adjusted Return 26.28% 58% F 49% F
Market Capitalization 3.07B 58% F 79% B-

Key Financial Ratios

  Ratio vs. Industry/Classification (Communication Equipment) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 168.80 30% 26%
Price/Book Ratio 2.26 55% 38%
Price / Cash Flow Ratio 37.42 9% 6%
Price/Free Cash Flow Ratio 12.83 58% 31%
Management Effectiveness  
Return on Equity 7.92% 70% 49%
Return on Invested Capital 7.06% 58% 53%
Return on Assets 4.24% 75% 66%
Debt to Equity Ratio 54.19% 30% 59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.