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Ciena Corporation (CIEN)

Stock Price: $60.56 USD -0.43 (-0.71%)
Updated Aug 10, 2020 4:00 PM EDT - Market closed
After-hours: $61.34 +0.78 (1.29%) Aug 10, 4:53 PM

Stock Price Chart

Key Info

Market Cap 9.30B
Revenue (ttm) 3.66B
Net Income (ttm) 321.06M
Shares Out 153.64M
EPS (ttm) 2.05
PE Ratio 29.54
Forward PE 19.23
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 10, 2020
Last Price $60.56
Previous Close $60.99
Change ($) -0.43
Change (%) -0.71%
Day's Open 61.25
Day's Range 60.29 - 61.35
Day's Volume 1,659,172
52-Week Range 30.58 - 61.52

More Stats

Market Cap 9.30B
Enterprise Value 9.07B
Earnings Date (est) Sep 16, 2020
Ex-Dividend Date n/a
Shares Outstanding 153.64M
Float 152.25M
EPS (basic) 2.08
EPS (diluted) 2.05
FCF / Share 2.48
Dividend n/a
Dividend Yield n/a
Earnings Yield 3.39%
FCF Yield 4.10%
Payout Ratio n/a
Shares Short 3.92M
Short Ratio 2.17
Short % of Float 2.86%
Beta 0.90
PE Ratio 29.54
Forward PE 19.23
P/FCF Ratio 24.40
PS Ratio 2.55
PB Ratio 4.18
Revenue 3.66B
Operating Income 423.95M
Net Income 321.06M
Free Cash Flow 381.31M
Net Cash 232.99M
Net Cash / Share 1.52
Gross Margin 42.18%
Operating Margin 11.60%
Profit Margin 8.80%
FCF Margin 10.43%
ROA 7.53%
ROE 14.92%
ROIC 16.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (19)

Buy 14
Overweight 1
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$61.22*
(1.09% upside)
Low
50.0
Current: $60.56
High
73.0
Target: 61.22
*Average 12-month price target from 18 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue3,5723,0942,8022,6012,4462,2882,0831,8341,7421,237
Revenue Growth15.44%10.44%7.73%6.33%6.88%9.88%13.56%5.28%40.86%-
Gross Profit1,5421,3151,2461,1621,076948865724709498
Operating Income34723021515610045.70-1.78-79.85-166-336
Net Income253-3451,26272.5811.67-40.64-85.43-144-196-334
Shares Outstanding15614414213811810610299.3495.8593.10
Earnings Per Share1.61-2.497.530.510.10-0.38-0.83-1.45-2.04-3.58
EPS Growth--1376.47%410%------
Operating Cash Flow41322923529026289.8244.68107-90.49-229
Capital Expenditures-62.58-67.62-94.60-107-62.11-48.22-43.81-48.10-52.37-51.21
Free Cash Flow35116214018220041.600.8658.99-143-280
Cash & Equivalents1,0148949201,053926727471693542689
Total Debt6878589361,2541,2741,4651,2121,4421,4421,443
Net Cash / Debt32736.74-16.34-201-348-738-741-750-900-754
Assets3,8933,7573,9522,8742,6952,0731,8031,8811,9512,118
Liabilities1,7211,8271,8152,1072,0742,1421,8851,9701,9381,959
Book Value2,1731,9292,136766621-69.62-82.68-88.9713.87159
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Ciena Corporation
Country United States
Employees 6,684
CEO Gary B. Smith

Stock Information

Ticker Symbol CIEN
Stock Exchange New York Stock Exchange
Sector Technology
Industry Communication Equipment
Unique Identifier NYSE: CIEN
IPO Date February 7, 1997

Description

Ciena Corporation provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking solutions optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, CoreDirector Multiservice Optical Switches, and OTN configuration for the 5410 Reconfigurable Switching System, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation has collaboration with Infoblox Inc. The company was founded in 1992 and is headquartered in Hanover, Maryland.