Ciena Corporation (CIEN): Price and Financial Metrics


Ciena Corporation (CIEN)

Today's Latest Price: $53.59 USD

0.57 (-1.05%)

Updated Jul 1 4:10pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 51 in Technology - Communication/Networking

See all "A" rated Strong Buy stocks

CIEN Stock Summary

  • CIEN has a market capitalization of $8,321,379,350 -- more than approximately 84.23% of US stocks.
  • Price to trailing twelve month operating cash flow for CIEN is currently 18.33, higher than 77.18% of US stocks with positive operating cash flow.
  • Over the past twelve months, CIEN has reported earnings growth of 49.02%, putting it ahead of 82.08% of US stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Ciena Corp are EBS, KL, KLIC, JNPR, and ATNX.
  • CIEN's SEC filings can be seen here. And to visit Ciena Corp's official web site, go to www.ciena.com.
CIEN Daily Price Range
CIEN 52-Week Price Range

CIEN Stock Price Chart Technical Analysis Charts


CIEN Price/Volume Stats

Current price $53.59 52-week high $57.19
Prev. close $54.16 52-week low $30.58
Day low $53.59 Volume 1,280,618
Day high $54.42 Avg. volume 2,051,117
50-day MA $51.38 Dividend yield N/A
200-day MA $42.82 Market Cap 8.23B

Ciena Corporation (CIEN) Company Bio


Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide. The company was founded in 1992 and is based in Hanover, Maryland.

CIEN Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$53.59$162.24203%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Ciena Corp. To summarize, we found that Ciena Corp ranked in the 71th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 204.5%. In terms of the factors that were most noteworthy in this DCF analysis for CIEN, they are:

  • The compound growth rate in the free cash flow of Ciena Corp over the past 5.48 years is 0.5%; that's higher than 76.78% of free cash flow generating stocks in the Technology sector.
  • The business' balance sheet reveals debt to be 8% of the company's capital (with equity being the remaining amount). Approximately merely 19.27% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
  • 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 42.8% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%197%
1%200%
2%203%
3%206%
4%209%
5%212%

For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CIEN, try QRVO, SOFO, ECOM, SQ, and SNX.


CIEN Latest News Stream


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Latest CIEN News From Around the Web

Below are the latest news stories about Ciena Corp that investors may wish to consider to help them evaluate CIEN as an investment opportunity.

Solid Q2 for Wall Street Despite Economic Turmoil: 4 Picks

The contrasting characteristics highlight the vagaries of the market and the turbulent economic conditions that appear to be the "new normal" post the virus outbreak.

Yahoo | July 1, 2020

Ciena Appoints Hassan Ahmed to Board of Directors

Ciena today announced that Hassan M. Ahmed, Ph.D., has been appointed to its Board of Directors.

Yahoo | July 1, 2020

Ciena (CIEN)-SK Telink to Revamp Transpacific Route Network

Ciena (CIEN) secures a deal from SK Telink for the deployment of its Adaptive IP platform to revamp submarine network with packet-based transport connectivity solutions in a transpacific route.

Yahoo | June 30, 2020

IEIC Welcomes Netskope as a Founding Member

The Internet Ecosystem Innovation Committee (IEIC), an independent committee that promotes internet diversity and resilience through the formation of new global internet nexus points, today announced that Netskope, a leader in cloud application analytics and policy enforcement, has joined as a founding member.

Yahoo | June 30, 2020

Telecom Stock Roundup: VZ Expands VNS Portfolio, CTL Extends Alliance & More

While Verizon (VZ) expands virtual networking capabilities, CenturyLink (CTL) extends partnership to better serve customers.

Yahoo | June 25, 2020

Read More 'CIEN' Stories Here

CIEN Price Returns

1-mo -3.74%
3-mo 32.85%
6-mo 27.99%
1-year 24.22%
3-year 112.74%
5-year 122.55%
YTD 25.53%
2019 25.89%
2018 62.02%
2017 -14.26%
2016 17.98%
2015 6.59%

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