Ciena Corporation (CIEN): Price and Financial Metrics
CIEN Price/Volume Stats
| Current price | $46.51 | 52-week high | $54.25 |
| Prev. close | $46.46 | 52-week low | $38.33 |
| Day low | $46.51 | Volume | 2,203 |
| Day high | $46.51 | Avg. volume | 1,737,888 |
| 50-day MA | $44.70 | Dividend yield | N/A |
| 200-day MA | $46.65 | Market Cap | 6.88B |
CIEN Stock Price Chart Interactive Chart >
CIEN POWR Grades
- Growth is the dimension where CIEN ranks best; there it ranks ahead of 89.52% of US stocks.
- The strongest trend for CIEN is in Stability, which has been heading down over the past 177 days.
- CIEN ranks lowest in Stability; there it ranks in the 22nd percentile.
CIEN Stock Summary
- CIEN has a market capitalization of $6,969,288,615 -- more than approximately 80.46% of US stocks.
- CIEN's current price/earnings ratio is 31.5, which is higher than 77.97% of US stocks with positive earnings.
- With a year-over-year growth in debt of 42.3%, CIENA CORP's debt growth rate surpasses 83.21% of about US stocks.
- Stocks with similar financial metrics, market capitalization, and price volatility to CIENA CORP are CDXS, ACAD, CMBM, ACMR, and TVTX.
- CIEN's SEC filings can be seen here. And to visit CIENA CORP's official web site, go to www.ciena.com.
CIEN Valuation Summary
- CIEN's price/earnings ratio is 31.5; this is 23.05% higher than that of the median Technology stock.
- CIEN's EV/EBIT ratio has moved up 21.7 over the prior 243 months.
Below are key valuation metrics over time for CIEN.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| CIEN | 2023-09-22 | 1.6 | 2.4 | 31.5 | 18.8 |
| CIEN | 2023-09-21 | 1.6 | 2.4 | 31.3 | 18.7 |
| CIEN | 2023-09-20 | 1.7 | 2.4 | 32.0 | 19.1 |
| CIEN | 2023-09-19 | 1.7 | 2.4 | 32.1 | 19.1 |
| CIEN | 2023-09-18 | 1.7 | 2.5 | 32.6 | 19.5 |
| CIEN | 2023-09-15 | 1.7 | 2.4 | 32.6 | 19.5 |
CIEN Growth Metrics
- The 2 year cash and equivalents growth rate now stands at 14.88%.
- The 5 year net cashflow from operations growth rate now stands at 74.92%.
- The 3 year revenue growth rate now stands at 13.73%.
The table below shows CIEN's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 3,632.661 | -167.756 | 152.902 |
| 2022-06-30 | 3,703.137 | 101.641 | 198.756 |
| 2022-03-31 | 3,823.297 | 376.128 | 426.476 |
| 2021-12-31 | 3,707.997 | 494.554 | 490.671 |
| 2021-09-30 | 3,620.684 | 541.646 | 500.196 |
| 2021-06-30 | 3,407.678 | 474.051 | 461.738 |
CIEN's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- CIEN has a Quality Grade of C, ranking ahead of 69.57% of graded US stocks.
- CIEN's asset turnover comes in at 0.783 -- ranking 83rd of 208 Electronic Equipment stocks.
- CLRO, KLIC, and MPWR are the stocks whose asset turnover ratios are most correlated with CIEN.
The table below shows CIEN's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-07-31 | 0.783 | 0.484 | 0.160 |
| 2021-05-01 | 0.808 | 0.483 | 0.180 |
| 2021-01-30 | 0.849 | 0.475 | 0.180 |
| 2020-10-31 | 0.887 | 0.468 | 0.187 |
| 2020-08-01 | 0.939 | 0.454 | 0.191 |
| 2020-05-02 | 0.952 | 0.445 | 0.168 |
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.
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.
Don’t Miss the Boom: 3 Communication Stocks Set to Explode HigherSail through 2023's headwinds with these communication stocks to buy, setting the course for the 5G-powered future with unwavering confidence. |
These Are The 5 Best Stocks To Buy And Watch NowBuying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist? |
Avaroa, BW Digital, Ciena, and Vodafone Cook Islands Team Up to Provide Internet Connectivity in SchoolsRAROTONGA, Cook Islands, September 21, 2023--Avaroa Cable Limited (ACL), Ciena (NYSE: CIEN), BW Digital, and Vodafone Cook Islands (Vodafone) are working together to improve connectivity for students in the Cook Islands’ 30 schools for the next three years (2023-2026). |
Ciena's (CIEN) Blue Planet Powers Virgin Media's Fiber ServiceCiena (CIEN) helps Virgin Media to modernize its Operational Support Systems and streamline the order-to-service process. |
Virgin Media Ireland Automates Delivery of Next-Gen Fibre Broadband Services with Blue PlanetDUBLIN, Ireland, September 19, 2023--Virgin Media Ireland is working with Blue Planet, a division of Ciena (NYSE:CIEN), to support the company’s three-year move to a full fibre network, and transition from traditional cable services to fully automated high-speed fibre broadband services. With the Blue Planet platform as the foundation of its network and service automation strategy, Virgin Media is able to deliver a better end-user experience and ultra-fast broadband connectivity for its customer |
CIEN Price Returns
| 1-mo | N/A |
| 3-mo | 9.72% |
| 6-mo | N/A |
| 1-year | 8.64% |
| 3-year | 15.93% |
| 5-year | 57.18% |
| YTD | -8.77% |
| 2022 | -33.77% |
| 2021 | 45.64% |
| 2020 | 23.80% |
| 2019 | 25.89% |
| 2018 | 62.02% |
Continue Researching CIEN
Want to do more research on Ciena Corp's stock and its price? Try the links below:Ciena Corp (CIEN) Stock Price | Nasdaq
Ciena Corp (CIEN) Stock Quote, History and News - Yahoo Finance
Ciena Corp (CIEN) Stock Price and Basic Information | MarketWatch
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