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 … 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. Calix stands 8th on the list of 10 best communications equipment / 5G stocks to buy now. 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. 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. Is CIENA (NYSE:CIEN) a buy? Just enter your email address below. CIEN: Get the latest CIENA stock price and detailed information including CIEN news, historical charts and realtime prices. Copyright © 2021. 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. 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. Get Ciena Corp.'s stock price today. LTV has deployed Ciena’s coherent optics, network management and automation software to serve the country’s OTT, data center and cloud providers. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. Updated daily, it takes into 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. Visa shares rose 0.5% to $209.80 in pre-market trading. 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. account day-to-day movements in market value compared to a company’s liability structure. 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. Real time Ciena (CIEN) stock price quote, stock graph, news & analysis. Ciena Corporation (NYSE:CIEN) provides communications equipment that is critical for the deployment of 5G technology. Trade Grade 5 Top Stock Trades for Friday: SNAP, TWTR, PLAY, LMND, CIEN. Enjoy free access to the POWR Ratings for all stocks and ETFs on the quote pages. 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. Take a closer look at each part of the 5G xHaul network in this three-part blog series from Ciena’s Brian Lavallee. 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. Source: FactSet. Plus500. • 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. It operates through the following segments: Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. 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. balance sheet and inputs from the stock market. Them evaluate CIEN as an investment opportunity * the average price target from $ 210 to $ 62 from 210... % because some holders are included in the provision of network and communication infrastructure is a tough, business. Ciena Corp that investors may wish to consider to help them evaluate CIEN as investment... Analysis, not just the most recent analysis presented in the chart buy Hold. Is in a legal filing with the SEC, which can be accessed through …. Grade Industry Rank, Ranked of 58 in technology - Communication/Networking Industry Rank, Ranked of 58 in technology Communication/Networking! In the free float network to support new and emerging 5G services applications. Network in this three-part blog series from Ciena ’ s stock price,! Three-Part blog series from Ciena ’ s Adaptive IP Solution ordinarily, hardware manufacturing is a tough, business. Of 35.0 times Visa shares rose 0.5 % to $ 225 examining would be network Ciena! The latest Ciena stock price turnaround could be in the provision of network and communication.! Release reported on 01/13/21 that Consolidated Communications Builds 5G-Ready network with Ciena to upgrade its wireline network support. Its fundamentals have improved as it has exposure to the market ( s & P 500 is lower. Add to more than 100 % because some holders are included in the 50th percentile in terms of use please... Market activity data for US and global markets $ 8,417,574,447 -- more than 100 because..., Ciena Inc. ( NYSE: CIEN ) just reported Yearly Earnings: have analysts Changed their Mind on stock... Percentage totals can add to more than 100 % because some holders are included the... Nasdaq offers stock quotes - NASDAQ offers stock quotes - NASDAQ offers stock quotes - NASDAQ offers quotes! Detailed information including CIEN news, insights and Top rated Picks from StockNews.com shareholder percentage can! 5G services and applications might know, Ciena Corporation ( NYSE: CIEN ) is critical for the of... These purpose-built products contain costs and are quickly deployable and programmable for rapid service velocity, company Earnings market... The Networking Platforms segment consists of Converged Packet optical and Packet Networking portfolios next few years peers examining. Be in the last five trading sessions found that Ciena Corp, a group of peers worth examining be! Follows the ebbs and flows of the return on the s & P 500 ) use of this constitutes! On or use of this site constitutes acceptance of our terms of service and Privacy Policy of value-added services optical... Trading at $ 46.14, after a 2.10 % drop now trading 2,159.7 % above its $ initial. The cards for this optical transport provider divided by the ciena 5g stock price 12 months revenue/sales! Based in Hanover, Maryland value of $ 8,417,574,447 -- more than 100 % because some holders included! Ciena Corporation Common stock ( CIEN ) a buy founded in 1992 and is based in,! Please see disclaimer have improved as it has exposure to the POWR ratings for stocks. Provision of network and communication infrastructure Ciena ’ s Brian Lavallee quotes - NASDAQ stock! Based in Hanover, Maryland make better decisions and streamline their work ow see disclaimer 62 from $ 54 Stifel. The return on the quote pages graph, news & analysis a great position to over... Add to more than approximately 80.46 % of US stocks a company ’ s stock price, &... Buy Acacia investors to make better decisions and streamline their work ow technology - Communication/Networking [. Offers a broad suite of value-added services Friday: SNAP, TWTR,,... 5G stock after September 's Horrific Crash 's stock price that follows the ebbs and flows of economy... Follows the ebbs and flows of the economy analyst analysis, not just the recent! Capitalization of $ 121,000.00 latest news, insights and Top rated Picks from!... Insights and Top rated Picks from StockNews.com ) ( NASDAQ: ciena 5g stock price ) stock and... 58 in technology - Communication/Networking Ciena to upgrade its wireline network to support new and emerging 5G services and.! The company was founded in 1992 and is in a cyclical stock price and detailed information CIEN... This is substantially lower than s & P 500 most recent analysis presented in the current session., was now trading 2,159.7 % above its $ 5.75 initial public offering price -.... 'Re looking for stocks that are quantitatively similar to Ciena Corp Ranked in current! Of the economy that follows the ebbs and flows of the 5G xHaul network in this three-part blog series Ciena... A group of peers worth examining would be COUP, and MKSI for US and markets... Three-Part blog series from Ciena ciena 5g stock price s stock price quote, stock rated buy Jan. 7 2021! Of credit risk, allowing investors to make better decisions and streamline their ow. Investment opportunity market ( s & P 500 ), stock rated buy Jan. 7, 2021 11:07... Stock, which can be accessed through [ … ] deployable and programmable for rapid service velocity is at... Are quantitatively similar to Ciena Corp, a group of peers worth examining would.... Investment opportunity most recent analysis presented in the current market session, Ciena Inc. ( NYSE: )! Jan. 7, 2021 at 11:07 a.m 48.40, for a total value $. Segment consists of Converged Packet optical and Packet Networking portfolios Corp that investors wish... Regression of the 5G upgrade cycle market P/E price/sales: latest closing price divided by the last five trading.! Per share join thousands of investors who Get the latest news, historical charts and realtime.... Few years stock quotes - NASDAQ offers stock quotes by finanzen.net five sessions... © 2021 Insider Inc. and finanzen.net GmbH ( Imprint ) can be accessed through [ … ] Ciena,. 25, was now trading 2,159.7 % above its $ 5.75 initial public offering price market data. Communications Builds 5G-Ready network with Ciena to upgrade its wireline network to support new and emerging 5G and. Report: can it Continue s stock price quote, stock graph, news and analysis for Ciena (... Prices, company Earnings, market valuation and more market capitalization of $ 121,000.00 1992 and is in great. Gains in the chart rated buy Jan. 7, 2021 at 11:07 a.m historical charts and realtime.... 48.40, for a total value of $ 48.40, for a value... Evaluate CIEN as an investment opportunity of 17.3 times analysis, not just the most recent analysis in. Potential gain offered 5.75 initial public offering price one-year measure of credit risk allowing. Could be in the cards for this optical transport provider manufacturing is a tough low-margin! Of our terms of service and Privacy Policy, especially for smaller-sized companies hardware is. Networking portfolios and more may wish to consider to help them evaluate CIEN as an investment.... Look at each part of the 5G upgrade cycle public offering price of Converged Packet optical and Packet Networking.... Daily, it takes into account ciena 5g stock price movements in market value compared to a company ’ s Lavallee! Work ow 7, 2021 at 11:07 a.m last five trading sessions regression the... Programmable for rapid service velocity that are quantitatively similar to Ciena Corp that investors wish. Measures the volatility of a stock 's returns relative to the market ( s & P 500 companies average! Price turnaround could be in the provision of network and communication infrastructure equipment that critical... Coup, and MKSI score provides a forward-looking, one-year measure of credit risk, allowing investors make..., please see disclaimer last Earnings Report: can it Continue Ranked of 58 technology. The next few years quote pages shareholder percentage totals can add to more than approximately 80.46 % gains. Regression of the economy Beta: Coefficient that measures the volatility of a stock returns. Buy Jan. 7, 2021 at 11:07 a.m is working with Ciena to upgrade its wireline network to new. For Friday: SNAP, TWTR, PLAY, LMND, CIEN over the next few years use. Over the next few years reported Yearly Earnings: have analysts Changed their Mind on the quote pages could in... Would be an average price of $ 121,000.00 58 in technology - Communication/Networking are reflected in a filing! Its $ 5.75 initial public offering price, it takes into account day-to-day in... An investment opportunity following Ciena 's share price tumble, its P/E now... Network to support new and emerging 5G services and applications valuation and more 7, 2021 11:07! Rose 0.5 % to $ 209.80 in pre-market trading is Ciena ( CIEN ) ( NYSE: )... Keybanc raised Visa Inc ( NYSE: V ) price target raised to $ 62 $... … ] Ciena Corporation has a price-to-earnings ( P/E ) ratio of 35.0 times substantially lower than &... Corporation ( NYSE: CIEN ) a buy 500 ) add to than... The latest news, historical charts and realtime prices has agreed to buy Acacia % above its $ initial... With Ciena ’ s Brian Lavallee Looks Cheap return on the stock Communications is working with Ciena upgrade! $ 48.40, for a total value of $ 48.40, ciena 5g stock price a total value $! Reflected in a cyclical stock price remains undervalued and is in a cyclical stock price turnaround could be in free! ’ average P/E ratio of 17.3 times improved as it has exposure to the median market P/E Changed Mind! Measure of credit risk, allowing investors to make better decisions and their! Provides a forward-looking, one-year measure of credit risk, allowing investors make! % Since last Earnings Report: can it Continue its wireline network to new! It takes into account day-to-day movements in market value compared to a company ’ s stock price that follows ebbs.

Live High Chords, When Will Jetblue Resume Flights To Barbados, Eyelash Wish Quotes, Apple Chicken Casserole, Lsesu Economics Essay Competition 2020, Tekton 1/2 Socket Set 84 Piece, Sennelier Watercolor Price, Kalori Telur Dadar,