Ciena is a communication equipment business based in the US. Ciena shares (CIEN) are listed on the NYSE and all prices are listed in US Dollars. Ciena employs 8,623 staff and has a trailing 12-month revenue of around $4.2 billion.
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| Latest market close | $47.14 |
|---|---|
| 52-week range | $38.33 - $54.25 |
| 50-day moving average | $43.54 |
| 200-day moving average | $46.66 |
| Wall St. target price | $59.04 |
| PE ratio | 33.4658 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $1.46 |
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $47.14 from 2023-09-22
| 1 week (2023-09-15) | -3.42% |
|---|---|
| 1 month (2023-08-24) | 14.67% |
| 3 months (2023-06-23) | 14.92% |
| 6 months (2023-03-24) | -4.25% |
| 1 year (2022-09-22) | 14.86% |
|---|---|
| 2 years (2021-09-24) | -9.38% |
| 3 years (2020-09-24) | 21.43% |
| 5 years (2018-09-24) | 50.41% |
Valuing Ciena stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ciena's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | $4.2 billion |
|---|---|
| Operating margin TTM | 8.92% |
| Gross profit TTM | $1.6 billion |
| Return on assets TTM | 4.44% |
| Return on equity TTM | 7.88% |
| Profit margin | 5.23% |
| Book value | $19.81 |
| Market Capitalization | $7.2 billion |
TTM: trailing 12 months
We're not expecting Ciena to pay a dividend over the next 12 months.
Ciena's shares were split on a 1:7 basis on 24 September 2006. So if you had owned 7 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Ciena shares – just the quantity. However, indirectly, the new 600% higher share price could have impacted the market appetite for Ciena shares which in turn could have impacted Ciena's share price.
Over the last 12 months, Ciena's shares have ranged in value from as little as $38.33 up to $54.25. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Ciena's is 0.9129. This would suggest that Ciena's shares are less volatile than average (for this exchange).
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, IP routing, and switching services. Its products include 6500 Packet-Optical Platform, 5400 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 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, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system that support network solutions. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services.
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