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 8,627 staff and has a trailing 12-month revenue of around $4.1 billion.
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
| Latest market close | $52.43 |
|---|---|
| 52-week range | $39.94 - $63.24 |
| 50-day moving average | $50.44 |
| 200-day moving average | $49.41 |
| Wall St. target price | $56.54 |
| PE ratio | 55.4327 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $1.04 |
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 $52.43 from 2024-09-05
| 1 week (2024-08-30) | -9.05% |
|---|---|
| 1 month (2024-08-06) | 12.25% |
| 3 months (2024-06-06) | 7.97% |
| 6 months (2024-03-06) | -15.38% |
| 1 year (2023-09-06) | 7.57% |
|---|---|
| 2 years (2022-09-02) | N/A |
| 3 years (2021-09-03) | 56.92 |
| 5 years (2019-09-06) | 32.67% |
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.
Ciena's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 55x. In other words, Ciena shares trade at around 55x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Ciena's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.77. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Ciena's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Ciena's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $421.7 million.
The EBITDA is a measure of a Ciena's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $4.1 billion |
|---|---|
| Operating margin TTM | 1.28% |
| Gross profit TTM | $1.9 billion |
| Return on assets TTM | 3.1% |
| Return on equity TTM | 5.31% |
| Profit margin | 3.71% |
| Book value | $19.97 |
| Market Capitalization | $8.3 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 $39.94 up to $63.24. 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 0.945. 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, 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.
Use this calculator to quickly see potential outcomes of your options trades.
Check out our picks of the best paper trading platforms to practice trading and investing with fake money.
These are the best day trading platforms, according to Finder’s comprehensive analysis.
Explore the best bonuses for opening a new brokerage account.
These are the best trading platforms for beginners, according to Finder’s comprehensive analysis.
Want to buy and sell international stocks? Here are the top brokers to help you trade global markets.
These are the best discount brokers of 2024 according to Finder’s comprehensive review.
See our picks of the best brokerage accounts, including Fidelity, SoFi, Charles Schwab, Public, Robinhood and E*TRADE .
What you need to know about investing in the leading indicator for the overall US stock market.
Check out the best-performing ETFs so far in 2024.