Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
64.29
+1.70 (2.72%)
Apr 24, 2025, 4:00 PM EDT - Market closed

Ciena Statistics

Total Valuation

Ciena has a market cap or net worth of $9.14 billion. The enterprise value is $9.40 billion.

Market Cap 9.14B
Enterprise Value 9.40B

Important Dates

The next estimated earnings date is Thursday, June 5, 2025, before market open.

Earnings Date Jun 5, 2025
Ex-Dividend Date n/a

Share Statistics

Ciena has 142.15 million shares outstanding. The number of shares has decreased by -1.66% in one year.

Current Share Class 142.15M
Shares Outstanding 142.15M
Shares Change (YoY) -1.66%
Shares Change (QoQ) -0.37%
Owned by Insiders (%) 0.87%
Owned by Institutions (%) 97.41%
Float 140.79M

Valuation Ratios

The trailing PE ratio is 117.31 and the forward PE ratio is 25.49. Ciena's PEG ratio is 0.77.

PE Ratio 117.31
Forward PE 25.49
PS Ratio 2.29
Forward PS 2.00
PB Ratio 3.28
P/TBV Ratio 4.17
P/FCF Ratio 44.52
P/OCF Ratio 25.95
PEG Ratio 0.77
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 29.57, with an EV/FCF ratio of 45.80.

EV / Earnings 119.01
EV / Sales 2.32
EV / EBITDA 29.57
EV / EBIT 51.14
EV / FCF 45.80

Financial Position

The company has a current ratio of 3.65, with a Debt / Equity ratio of 0.57.

Current Ratio 3.65
Quick Ratio 2.39
Debt / Equity 0.57
Debt / EBITDA 4.72
Debt / FCF 7.69
Interest Coverage 1.91

Financial Efficiency

Return on equity (ROE) is 2.76% and return on invested capital (ROIC) is 2.58%.

Return on Equity (ROE) 2.76%
Return on Assets (ROA) 2.06%
Return on Invested Capital (ROIC) 2.58%
Return on Capital Employed (ROCE) 3.98%
Revenue Per Employee $467,772
Profits Per Employee $9,123
Employee Count 8,657
Asset Turnover 0.73
Inventory Turnover 2.54

Taxes

In the past 12 months, Ciena has paid $37.96 million in taxes.

Income Tax 37.96M
Effective Tax Rate 32.46%

Stock Price Statistics

The stock price has increased by +43.69% in the last 52 weeks. The beta is 1.15, so Ciena's price volatility has been higher than the market average.

Beta (5Y) 1.15
52-Week Price Change +43.69%
50-Day Moving Average 68.36
200-Day Moving Average 67.39
Relative Strength Index (RSI) 53.29
Average Volume (20 Days) 2,376,961

Short Selling Information

The latest short interest is 3.96 million, so 2.79% of the outstanding shares have been sold short.

Short Interest 3.96M
Short Previous Month 3.76M
Short % of Shares Out 2.79%
Short % of Float 2.81%
Short Ratio (days to cover) 1.34

Income Statement

In the last 12 months, Ciena had revenue of $4.05 billion and earned $78.98 million in profits. Earnings per share was $0.55.

Revenue 4.05B
Gross Profit 1.72B
Operating Income 183.82M
Pretax Income 190.33M
Net Income 78.98M
EBITDA 317.92M
EBIT 183.82M
Earnings Per Share (EPS) $0.55
Full Income Statement

Balance Sheet

The company has $1.21 billion in cash and $1.58 billion in debt, giving a net cash position of -$261.32 million or -$1.84 per share.

Cash & Cash Equivalents 1.21B
Total Debt 1.58B
Net Cash -261.32M
Net Cash Per Share -$1.84
Equity (Book Value) 2.79B
Book Value Per Share 19.60
Working Capital 2.54B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $352.18 million and capital expenditures -$146.93 million, giving a free cash flow of $205.25 million.

Operating Cash Flow 352.18M
Capital Expenditures -146.93M
Free Cash Flow 205.25M
FCF Per Share $1.44
Full Cash Flow Statement

Margins

Gross margin is 42.58%, with operating and profit margins of 4.54% and 1.95%.

Gross Margin 42.58%
Operating Margin 4.54%
Pretax Margin 2.89%
Profit Margin 1.95%
EBITDA Margin 7.85%
EBIT Margin 4.54%
FCF Margin 5.07%

Dividends & Yields

Ciena does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 1.66%
Shareholder Yield n/a
Earnings Yield 0.86%
FCF Yield 2.25%
Dividend Details

Analyst Forecast

The average price target for Ciena is $78.62, which is 22.29% higher than the current price. The consensus rating is "Buy".

Price Target $78.62
Price Target Difference 22.29%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on September 25, 2006. It was a reverse split with a ratio of 0.14286:1.

Last Split Date Sep 25, 2006
Split Type Reverse
Split Ratio 0.14286:1

Scores

Ciena has an Altman Z-Score of 2.4 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.4
Piotroski F-Score 5