CIEN:NYE-Ciena Corporation (USD)

COMMON STOCK | Communication Equipment | NYE

Last Closing Price

USD 62.97

Change

+1.79 (+2.93)%

Market Cap

USD 9.46B

Volume

1.62M

Avg Analyst Target

USD 62.00 (-1.54%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Ciena Corporation (CIEN) Stock Analysis:
Based on the Ciena Corporation stock forecasts from 5 analysts, the average analyst target price for Ciena Corporation is USD 62.00 over the next 12 months. Ciena Corporation’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Ciena Corporation is Bullish , which is based on 9 positive signals and 3 negative signals. At the last closing, Ciena Corporation’s stock price was USD 62.97. Ciena Corporation’s stock price has changed by +2.74 % over the past week, +2.47 % over the past month and +30.40 % over the last year.

About

Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment off ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2021-12-07 )

Largest Industry Peers for Communication Equipment

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UI Ubiquiti Inc

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USD18.79B 28.60 26.23
JNPR Juniper Networks Inc

+1.21 (+3.85%)

USD10.17B 69.89 22.31
VTKLF Vtech Holdings Limited

N/A

USD2.09B 11.03 5.98
VCRA Vocera Communications Inc

+0.77 (+1.35%)

USD2.03B N/A 283.21
KN Knowles Corporation

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USD2.00B 23.57 11.60
MAXR Maxar Technologies Inc

+0.20 (+0.71%)

USD1.94B 350.56 12.41
PLT Plantronics Inc

N/A

USD1.33B 311.30 17.26

ETFs Containing CIEN

Symbol Name Weight Mer Price(Change) Market Cap

Market Performance

  Market Performance vs.
Industry/Classification (Communication Equipment)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 19.15% 62% D- 64% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 19.15% 62% D- 61% D-
Trailing 12 Months  
Capital Gain 30.40% 69% D+ 77% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 30.40% 62% D- 74% C
Trailing 5 Years  
Capital Gain 153.20% 71% C- 89% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 153.20% 71% C- 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 25.69% 62% D- 85% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 25.69% 62% D- 83% B
Risk Return Profile  
Volatility (Standard Deviation) 23.48% 85% B 49% F
Risk Adjusted Return 109.44% 92% A- 93% A
Market Capitalization 9.46B 62% D- 81% B-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Communication Equipment)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 20.73 67% D+ 37% F
Price/Book Ratio 3.24 25% F 31% F
Price / Cash Flow Ratio 19.17 38% F 24% F
EV/EBITDA 15.13 62% D- 38% F
Management Effectiveness  
Return on Equity 17.25% 85% B 71% C-
Return on Invested Capital 13.84% 77% C+ 84% B
Return on Assets 6.40% 77% C+ 80% B-
Debt to Equity Ratio 26.95% 82% B- 76% C
Technical Ratios  
Short Ratio 3.56 50% F 30% F
Short Percent 2.16% 58% F 59% F
Beta 0.80 69% D+ 70% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is 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.

Superior return on equity

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

Superior capital utilization

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

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 debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

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.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

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 on free cash flow basis

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