Ciena Corporation (CIEN): Price and Financial Metrics


Ciena Corporation (CIEN)

Today's Latest Price: $44.47 USD

0.18 (0.41%)

Updated Nov 27 5:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 53 in Technology - Communication/Networking

See all "A" rated Strong Buy stocks

CIEN Stock Summary

  • With a market capitalization of $6,862,590,255, Ciena Corp has a greater market value than 79.56% of US stocks.
  • Of note is the ratio of Ciena Corp's sales and general administrative expense to its total operating expenses; 28.62% of US stocks have a lower such ratio.
  • In terms of twelve month growth in earnings before interest and taxes, Ciena Corp is reporting a growth rate of 48.53%; that's higher than 81.33% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Ciena Corp are JNPR, AVAV, KLIC, ERII, and ACLS.
  • CIEN's SEC filings can be seen here. And to visit Ciena Corp's official web site, go to www.ciena.com.

CIEN Stock Price Chart Interactive Chart >

Price chart for CIEN

CIEN Price/Volume Stats

Current price $44.47 52-week high $61.51
Prev. close $44.29 52-week low $30.58
Day low $43.98 Volume 664,565
Day high $44.69 Avg. volume 2,089,188
50-day MA $41.41 Dividend yield N/A
200-day MA $47.41 Market Cap 6.86B

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:
$44.47$97.37 131%

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 65th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for CIEN, they are:

  • The business' balance sheet suggests that 10% of the company's capital is sourced from debt; this is greater than merely 24.97% 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 34.35% of tickers in our DCF set.
  • The weighted average cost of capital for the company is 8. This value is greater than just 22.29% stocks in the Technology sector that generate free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%127%
1%129%
2%131%
3%134%
4%136%
5%138%

Want more companies with a valuation profile/forecast similar to that of Ciena Corp? See KN, DTST, SAIC, SAIL, and DGII.


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.

Why Huawei Continues To Gain In The Telecom Equipment Market Despite Opposition

It's no secret that the U.S. government is trying to persuade everyone not to turn to Huawei as their supplier of telecom equipment. Based on this, some have decided to go long companies that compete against Huawei. Ericsson (ERIC) and Nokia (NOK) are two examples of this. Yet Huawei continues...

MarketGyrations on Seeking Alpha | September 25, 2020

Telefónica Deutschland Builds Automated Network With Blue Planet

HANOVER, Md.--(BUSINESS WIRE)--Telefónica Deutschland, a leading integrated telecommunications provider, has selected software from Blue Planet, a division of Ciena (NYSE: CIEN), to support the preparation of its network in Germany to adapt to escalating data traffic and bandwidth demands from users. Telefónica Deutschland is preparing its transport network with open, software-defined network (SDN) orchestration and a partially disaggregated multi-vendor optical network architecture to transfor

Business Wire | September 16, 2020

Blue Planet spins up automation for Telefónica Deutschland

In order to better support its 5G, AI and cloud services via automation, Telefónica Deutschland picked software from Ciena's Blue Planet division. Telefónica Deutschland is building a new transport network with the help of Blue Planet's software.

FierceTelecom | September 16, 2020

Tech world on alert after Ciena (CIEN) gives cautious outlook amid order woes

In what could be a wake-up call to the technology sector, which has been resilient to the COVID crisis so far, network equipment maker Ciena Corp. (NYSE: CIEN) last week said its business would be affected by faltering orders even as telecom companies tighten their budgets to preserve liquidity, concerned over the deepening uncertainty. Ciena […]

AlphaStreet | September 10, 2020

Ciena Shares Drop on Warning of Tech Spending Decline

Ciena beats third-quarter-earnings forecasts, but it warns that a slowdown in orders tied to the pandemic will hurt revenue.

The Street | September 3, 2020

Read More 'CIEN' Stories Here

CIEN Price Returns

1-mo 12.90%
3-mo -21.67%
6-mo -20.12%
1-year 17.15%
3-year 104.46%
5-year 77.24%
YTD 4.17%
2019 25.89%
2018 62.02%
2017 -14.26%
2016 17.98%
2015 6.59%

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