Below are the latest news stories about Ciena Corp that investors may wish to consider to help them evaluate CIEN as an investment opportunity. Ciena Stock Up 42% in 2020 But Still Looks Cheap. The sale was disclosed in a legal filing with the SEC, which can be accessed through […]. The Platform Software and Services segment provides analytics, data, and planning tools to assist customers in managing Ciena’s Networking Platforms products in their networks. Ciena Corporation (NYSE:CIEN) provides communications equipment that is critical for the deployment of 5G technology. Compare the latest price, visualised quantitative ratios, annual reports, historical dividends, pricing and company announcements to find … The California-based company provides systems and devices for … Ciena will join the telecommunication industry’s leading operators and manufacturers on the Board to facilitate the advancement of 5G technology and the transformation of 4G LTE networks in the Americas region. We started the process of determining a valid price forecast for Ciena Corp with a discounted cash flow analysis -- the results of which can be found in the table below. KeyBanc raised Visa Inc (NYSE: V) price target from $210 to $225. CIEN stock quote, chart and news. Potential 5G stocks to buy include Corning , Ciena , Acacia Communications and other fiber-optic players. In the current market session, Ciena Inc. (NYSE: CIEN) is trading at $46.14, after a 2.10% drop. balance sheet and inputs from the stock market. Ciena Co. (NYSE:CIEN) VP David M. Rothenstein sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 15th. CIEN's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 37.56% of tickers in our DCF set. Exploring (PSMI) (NASDAQ:PSMI) stock? 5 Top Stock Trades for Friday: SNAP, TWTR, PLAY, LMND, CIEN. Take a closer look at each part of the 5G xHaul network in this three-part blog series from Ciena’s Brian Lavallee. 5G Stocks: Ciena (CIEN) ... Now it’s true that NVDA stock is far from cheap, with the price-to-earnings multiple at 85x. Ciena stock currently trades at a trailing price-to-earnings (P/E) ratio of just 18, much cheaper than where it was just a couple of months ago and … Get Ciena Corp.'s stock price today. Commerce Policy | Ciena is one of the world’s biggest players in advanced optical networking. Dividend). ... its fundamentals have improved as it has exposure to the 5G upgrade cycle. To see all exchange delays and terms of use, please see disclaimer. Just enter your email address below. Ciena Corporation (NYSE:CIEN) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock? The company’s stock price has collected 3.95% of gains in the last five trading sessions. A 5G Stock for Risk-Averse Investors? Following Ciena's share price tumble, its P/E is now hanging on to the median market P/E. Copyright © 2021. Visa shares rose 0.5% to $209.80 in pre-market trading. To summarize, we found that Ciena Corp ranked in the 50th percentile in terms of potential gain offered.  Industry Rank, Ranked of 58 View PSMI's stock price, price target, earnings, financials, forecast, insider trades, news, and SEC filings at MarketBeat. Is CIENA (NYSE:CIEN) a buy? Ciena stock currently trades at a trailing price-to-earnings (P/E) ratio of just 18, much cheaper than where it was just a couple of months ago and … Made In NYC | Shareholder percentage totals can add to more than 100% because some holders are included in the free float. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. Ciena Corporation is a network strategy and technology company, which provides solutions that enable a range of network operators to adopt communication architectures and deliver an array of services, relied upon by enterprise and consumer end users. Cisco Systems ( CSCO ) has agreed to buy Acacia. Ciena (NYSE: CIEN) 5G Stocks to Buy: Advanced Micro Devices (AMD) ... Nokia is another stock whose share price the pandemic has pummeled. Ciena Corp (CIEN) Stock Quote, History and News - Yahoo Finance, Ciena Corp (CIEN) Stock Price and Basic Information | MarketWatch. Ciena provides networking equipment and services to telecom operators for deployment of 5G networks, and this will likely bode well for the stock in the near term. LTV has deployed Ciena’s coherent optics, network management and automation software to serve the country’s OTT, data center and cloud providers. * Average Estimates in Million (e.g. Get today's Ciena Corp stock price and latest CIEN news as well as Ciena Corp real-time stock quotes, technical analysis, full financials and more. The Global Services segment offers a broad suite of value-added services. Over the past twelve months, CIEN has reported earnings growth of 38.97%, putting it ahead of 78.56% of US stocks in our set. © 2021 Insider Inc. and finanzen.net GmbH (Imprint). Ciena had said at that time that it was witnessing "a meaningful slowdown in orders" in the wake of the novel coronavirus pandemic -- a trend that continued in the fiscal fourth quarter. Trade Grade 5G Americas, the industry trade association and voice of 5G and LTE for the Americas, today announced the election of Ciena (NYSE: CIEN) to its Board of Governors. Let's take a closer look at Ciena's latest performance, and see if investors should be buying the stock in the hopes of a turnaround. View today's stock price, news and analysis for Ciena Corp. (CIEN). Revenue) or per share (e.g. Ciena Co. (NYSE:CIEN) VP David M. Rothenstein sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 15th. Updated daily, it takes into Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com! CIEN: Get the latest CIENA stock price and detailed information including CIEN news, historical charts and realtime prices. Ciena (CIEN) Up 14.8% Since Last Earnings Report: Can It Continue? Ciena’s stock price has been increasing at an alarming rate recently, and there’s no reason to think this upward trend won’t continue thanks to the number of huge companies working with Ciena to get ready for 5G. • 4 Renewable Energy ETFs to thrive under Biden, • 3 Small-Cap Tech Stocks to Own in 2021: Repay, Ultra Clean, and Ideanomics, Consolidated Communications Builds 5G-Ready Network with Ciena’s Adaptive IP Solution, Lightstorm Telecom Ventures Builds High-Capacity Network with Ciena for India’s OTT Ecosystem, Why Investors Need to Look Past Ciena's Near-Term Troubles, David M. Rothenstein Sells 2,500 Shares of Ciena Co. (NYSE:CIEN) Stock. The business' balance sheet suggests that 8% of the company's capital is sourced from debt; this is greater than only 23.52% of the free cash flow producing stocks we're observing. CIEN has a market capitalization of $8,417,574,447 -- more than approximately 80.46% of US stocks. Of note is the ratio of Ciena Corp's sales and general administrative expense to its total operating expenses; 28.56% of US stocks have a lower such ratio. The stock was sold at an average price of $48.40, for a total value of $121,000.00. 5G xHaul refers to fronthaul, midhaul, and backhaul transport networks that interconnect cell sites to each other, to mobile core networks, and ultimately to data centers, where end-user data and content is hosted and accessed. Ciena Corporation Common Stock (CIEN) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. 60-Month Beta: Coefficient that measures the volatility of a stock's returns relative to the market (S&P 500). 76.4% of retail CFD accounts lose money. Registration on or use of this site constitutes acceptance of our, 10 Biggest Price Target Changes For Wednesday, Acacia Communications standalone value $95-$110/share, Needham says, 7 5G Stocks to Buy As Security Concerns Dominate Tech Decisions. in Technology - Communication/Networking. Ciena price target raised to $62 from $54 at Stifel, stock rated buy Jan. 7, 2021 at 11:07 a.m. In the past five trading days, Lumen Technologies has been the best performer with its stock gaining 2.7%, while Motorola was the biggest decliner with its stock falling 1.4%. *The average price target includes all analyst analysis, not just the most recent analysis presented in the chart. Ciena Corporation (NYSE:CIEN) went up by 2.37% from its latest closing price compared to the recent 1-year high of $61.51. Ciena Corp. engages in the provision of network and communication infrastructure. Stock quotes by finanzen.net. risk, allowing investors to make better decisions and streamline their work ow. A backbone of 5G networks, the Maryland-based telecommunications company will continue to … Enjoy free access to the POWR Ratings for all stocks and ETFs on the quote pages. Plus500. This is substantially lower than S&P 500 companies’ average P/E ratio of 35.0 times. ... Ciena Corporation has a price-to-earnings (P/E) ratio of 17.3 times. The Networking Platforms segment consists of Converged Packet Optical and Packet Networking portfolios. The score provides a forward-looking, one-year measure of credit account day-to-day movements in market value compared to a company’s liability structure. Interest coverage, a measure of earnings relative to interest payments, is 15.56 -- which is good for besting 76.06% of its peer stocks (US stocks in the Technology sector with positive cash flow). Press Release reported on 01/13/21 that Consolidated Communications Builds 5G-Ready Network with Ciena’s Adaptive IP Solution. 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