Ciena Corporation (CIEN): Price and Financial Metrics


Ciena Corporation (CIEN)

Today's Latest Price: $59.92 USD

0.47 (-0.78%)

Updated Aug 5 6:40pm

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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 $9,278,583,806 -- more than approximately 84.13% of US stocks.
  • Price to trailing twelve month operating cash flow for CIEN is currently 20.43, higher than 78.7% of US stocks with positive operating cash flow.
  • In terms of twelve month growth in earnings before interest and taxes, Ciena Corp is reporting a growth rate of 49.02%; that's higher than 82.17% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Ciena Corp are GRMN, MOSY, UTSI, RIGL, and AVAV.
  • Visit CIEN's SEC page to see the company's official filings. To visit the company's 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 $59.92 52-week high $60.50
Prev. close $60.39 52-week low $30.58
Day low $59.60 Volume 1,156,700
Day high $60.50 Avg. volume 2,011,396
50-day MA $55.17 Dividend yield N/A
200-day MA $44.96 Market Cap 9.20B

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:
$59.92$162.99 172%

Below please find a table outlining a discounted cash flow forecast for CIEN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Ciena Corp ranked in the 68th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 173.33%. In terms of the factors that were most noteworthy in this DCF analysis for CIEN, they are:

  • In the past 5.48 years, Ciena Corp has a compound free cash flow growth rate of 0.5%; that's higher than 76.96% of free cash flow generating stocks in the Technology sector.
  • The business' balance sheet suggests that 8% of the company's capital is sourced from debt; this is greater than just 18.72% of the free cash flow producing stocks we're observing.
  • 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 42.31% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%167%
1%169%
2%172%
3%175%
4%177%
5%180%

For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CIEN, try UCTT, PRFT, HEAR, TAIT, and GDDY.





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.

Ciena (CIEN) Dips More Than Broader Markets: What You Should Know

Ciena (CIEN) closed the most recent trading day at $59.11, moving -0.57% from the previous trading session.

Yahoo | July 30, 2020

Ciena Breaks Out

Ciena breaks out of a consolidation with a buy point a little above 57. Tried to break out on July 6, faltered, found support at 50-day and moved higher. Earnings growth/estimates strong. Revenue gains small. Growing Huawei bans/curbs good news for Ciena.

Yahoo Finance | July 27, 2020

Ciena (CIEN) Outpaces Stock Market Gains: What You Should Know

Ciena (CIEN) closed at $54.95 in the latest trading session, marking a +0.79% move from the prior day.

Yahoo | July 22, 2020

Ciena (CIEN) to Power Spark's New Optical Transport Network

With Ciena's (CIEN) WaveLogic 5, advanced network automation and intelligent restoration capabilities, Spark will be able to boost 5G and IoT services.

Yahoo | July 22, 2020

Spark Starts Roll out of New Faster, ‘Self Healing’ Network Technology

HANOVER, Md. & AUCKLAND, New Zealand--(BUSINESS WIRE)--Spark starts roll out of new faster, ‘self healing’ network technology with Ciena

Business Wire | July 21, 2020

Read More 'CIEN' Stories Here

CIEN Price Returns

1-mo 7.19%
3-mo 24.94%
6-mo 40.53%
1-year 40.92%
3-year 137.97%
5-year 154.55%
YTD 40.36%
2019 25.89%
2018 62.02%
2017 -14.26%
2016 17.98%
2015 6.59%

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