Ciena Corporation (CIEN): Price and Financial Metrics
CIEN Price/Volume Stats
Current price | $55.48 | 52-week high | $56.31 |
Prev. close | $55.79 | 52-week low | $39.94 |
Day low | $54.35 | Volume | 1,743,900 |
Day high | $56.31 | Avg. volume | 1,708,674 |
50-day MA | $48.08 | Dividend yield | N/A |
200-day MA | $45.01 | Market Cap | 8.04B |
CIEN Stock Price Chart Interactive Chart >
CIEN POWR Grades
- CIEN scores best on the Value dimension, with a Value rank ahead of 65.59% of US stocks.
- The strongest trend for CIEN is in Growth, which has been heading down over the past 26 weeks.
- CIEN's current lowest rank is in the Momentum metric (where it is better than 11.51% of US stocks).
CIEN Stock Summary
- Price to trailing twelve month operating cash flow for CIEN is currently 38.36, higher than 90.17% of US stocks with positive operating cash flow.
- In terms of twelve month growth in earnings before interest and taxes, CIENA CORP is reporting a growth rate of 79.34%; that's higher than 87.44% of US stocks.
- The volatility of CIENA CORP's share price is greater than that of merely 10.92% US stocks with at least 200 days of trading history.
- Stocks that are quantitatively similar to CIEN, based on their financial statements, market capitalization, and price volatility, are ALGM, ASXC, FCEL, NHWK, and AKTS.
- Visit CIEN's SEC page to see the company's official filings. To visit the company's web site, go to www.ciena.com.
CIEN Valuation Summary
- CIEN's price/sales ratio is 1.6; this is 33.33% lower than that of the median Technology stock.
- Over the past 243 months, CIEN's price/sales ratio has gone down 8.3.
Below are key valuation metrics over time for CIEN.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
CIEN | 2023-12-08 | 1.6 | 2.2 | 29.6 | 17.8 |
CIEN | 2023-12-07 | 1.6 | 2.3 | 30.9 | 18.5 |
CIEN | 2023-12-06 | 1.6 | 2.3 | 30.6 | 18.3 |
CIEN | 2023-12-05 | 1.6 | 2.3 | 30.6 | 18.3 |
CIEN | 2023-12-04 | 1.6 | 2.4 | 31.4 | 18.8 |
CIEN | 2023-12-01 | 1.6 | 2.3 | 31.2 | 18.7 |
CIEN Growth Metrics
- The 2 year cash and equivalents growth rate now stands at 14.88%.
- The 5 year net cashflow from operations growth rate now stands at 74.92%.
- The 3 year revenue growth rate now stands at 13.73%.
The table below shows CIEN's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2022-09-30 | 3,632.661 | -167.756 | 152.902 |
2022-06-30 | 3,703.137 | 101.641 | 198.756 |
2022-03-31 | 3,823.297 | 376.128 | 426.476 |
2021-12-31 | 3,707.997 | 494.554 | 490.671 |
2021-09-30 | 3,620.684 | 541.646 | 500.196 |
2021-06-30 | 3,407.678 | 474.051 | 461.738 |
CIEN's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- CIEN has a Quality Grade of C, ranking ahead of 69.57% of graded US stocks.
- CIEN's asset turnover comes in at 0.783 -- ranking 83rd of 208 Electronic Equipment stocks.
- CLRO, KLIC, and MPWR are the stocks whose asset turnover ratios are most correlated with CIEN.
The table below shows CIEN's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-07-31 | 0.783 | 0.484 | 0.160 |
2021-05-01 | 0.808 | 0.483 | 0.180 |
2021-01-30 | 0.849 | 0.475 | 0.180 |
2020-10-31 | 0.887 | 0.468 | 0.187 |
2020-08-01 | 0.939 | 0.454 | 0.191 |
2020-05-02 | 0.952 | 0.445 | 0.168 |
Ciena Corporation (CIEN) Company Bio
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. The company was founded in 1992 and is based in Hanover, Maryland.
Latest CIEN News From Around the Web
Below are the latest news stories about CIENA CORP that investors may wish to consider to help them evaluate CIEN as an investment opportunity.
These Are The 5 Best Stocks To Buy And Watch NowBuying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist? |
Ciena Corporation (CIEN) Rose in Q3Chartwell Investment Partners, LLC, an affiliate of Carillon Tower Advisers, Inc., released the “Carillon Chartwell Mid Cap Value Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. Equities rose early in the quarter on the back of a broader appetite for risk, however, they eventually fell when interest rates crossed 4%. […] |
Insider Sell: Ciena Corp's CEO Gary Smith Unloads SharesIn a notable insider transaction, Gary Smith, the President and CEO of Ciena Corp (NYSE:CIEN), sold 4,166 shares of the company on December 15, 2023. |
A Look At The Intrinsic Value Of Ciena Corporation (NYSE:CIEN)Key Insights The projected fair value for Ciena is US$44.66 based on 2 Stage Free Cash Flow to Equity With US$44.35... |
Company News for Dec 8, 2023Companies In The Article Are: CIEN,MRK,VRNT,OXM |
CIEN Price Returns
1-mo | 15.82% |
3-mo | 25.72% |
6-mo | 32.82% |
1-year | 12.42% |
3-year | -1.39% |
5-year | 46.46% |
YTD | 23.26% |
2023 | -11.71% |
2022 | -33.77% |
2021 | 45.64% |
2020 | 23.80% |
2019 | 25.89% |
Continue Researching CIEN
Want to do more research on Ciena Corp's stock and its price? Try the links below:Ciena Corp (CIEN) Stock Price | Nasdaq
Ciena Corp (CIEN) Stock Quote, History and News - Yahoo Finance
Ciena Corp (CIEN) Stock Price and Basic Information | MarketWatch
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