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CIEN - Ciena Share Price

$49.55 0.7  1.4%

Last Trade - 05/03/21

Sector
Technology
Size
Large Cap
Market Cap £5.55bn
Enterprise Value £5.19bn
Revenue £2.50bn
Position in Universe 1064th / 6651
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -5.78%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -19.5%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Oct 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
2,446 2,601 2,802 3,094 3,572 3,532 3,582 3,926 +7.6%
+139.2 +67.4 +25.1 +47.7 +40.2 +10.9 +16.1
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 30 January 2021, CienaCorporation revenues decreased 9% to $757.1M. Net incomedecreased 11% to $55.3M. Revenues reflect Products decreaseof 13% to $597.2M. Net income also reflects Significantasset impairments and restru increase of 31% to $5.9M(expense), Amortization of intangible assets increase of 1%to $5.9M (expense). Basic Earnings per Share excludingExtraordinary Items decreased from $0.40 to $0.35.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for CIEN
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
CIEN EPS Forecasts Unlock CIEN Revenue
Profile Summary

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. It provides equipment, software and services that support the transport, switching, aggregation, service delivery and management of voice, video and data traffic on communications networks. It segments include Networking Platforms; Software and Software-Related Services, and Global Services. The Networking Platforms segment consists of Converged Packet Optical, Packet Networking and Optical Transport product portfolios. The software business is engaged in the development and licensing of element and network management software and software-related services that support its hardware offerings. It offers a suite of consulting and support services that help its customers to design, optimize, deploy and maintain their communications networks.

Directors
Last Annual October 31st, 2020
Last Interim January 30th, 2021
Incorporated November 2, 1992
Public Since February 1, 1997
No. of Shareholders: 845
No. of Employees: 7,032
Sector Technology
Industry Communications & Networking
Index
Exchange New York Stock Exchange
Shares in Issue 155,158,402
Free Float (0.0%)
Eligible for
ISAs
SIPPs
CIEN Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for CIEN
Upcoming Events for CIEN
Frequently Asked Questions for Ciena
What is the Ciena share price?

As of 05/03/21, shares in Ciena are trading at $49.55, giving the company a market capitalisation of £5.55bn. This share price information is delayed by 15 minutes.

How has the Ciena share price performed this year?

Shares in Ciena are currently trading at $49.55 and the price has moved by 15.56% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Ciena price has moved by -8.86% over the past year.

What are the analyst and broker recommendations for Ciena?

Of the analysts with advisory recommendations for Ciena, there are there are currently 6 "buy" , 4 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Ciena is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Ciena next release its financial results?

Ciena is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2022-01-30
What is the Ciena dividend yield?

Ciena does not currently pay a dividend.

Does Ciena pay a dividend?

Ciena does not currently pay a dividend.

When does Ciena next pay dividends?

Ciena does not currently pay a dividend.

How do I buy Ciena shares?

To buy shares in Ciena you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Ciena?

Shares in Ciena are currently trading at $49.55, giving the company a market capitalisation of £5.55bn.

Where are Ciena shares listed? Where are Ciena shares listed?

Here are the trading details for Ciena:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: CIEN
What kind of share is Ciena?

Based on an overall assessment of its quality, value and momentum, Ciena is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Ciena share price forecast 2021?

Shares in Ciena are currently priced at $49.55. At that level they are trading at 7.08% discount to the analyst consensus target price of 0.00.

Analysts covering Ciena currently have a consensus Earnings Per Share (EPS) forecast of 2.722 for the next financial year.

How can I tell whether the Ciena share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Ciena. Over the past six months, the relative strength of its shares against the market has been -1.06%. At the current price of $49.55, shares in Ciena are trading at -1.75% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Ciena PE Ratio?

The Ciena PE ratio based on its reported earnings over the past 12 months is 20.62. The shares are currently trading at $49.55.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Ciena?

Ciena's management team is headed by:

Patrick Nettles - CHM
Stephen Alexander - SVP
Andrew Petrik - VPR
Gary Smith - PRE
Lawton Fitt - IND
Bruce Claflin - IND
James Moylan - CFO
David Rothenstein - SVP
Patrick Gallagher - LED
Richard Hamilton - SVP
Scott McFeely - SVP
Jason Phipps - SVP
Devinder Kumar - IND
Mary Yang - SVP
Hassan Ahmed - IND
Who are the major shareholders of Ciena?

Here are the top five shareholders of Ciena based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 9.22% (14.3m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 7.83% (12.1m shares)
Fidelity Management & Research Company LLC Investment Advisor
Percentage owned: 3.23% (5.01m shares)
Spring Creek Capital, LLC Investment Advisor
Percentage owned: 3% (4.65m shares)
Vanguard Total Stock Market Index Fund Mutual Fund
Percentage owned: 2.81% (4.36m shares)
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