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Ceragon Networks Ltd. (CRNT)

Stock Price: $2.52 USD -0.07 (-2.70%)
Updated November 27, 1:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 204.47M
Revenue (ttm) 285.58M
Net Income (ttm) -2.34M
Shares Out 81.14M
EPS (ttm) -0.18
PE Ratio n/a
Forward PE 60.24
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day November 27
Last Price $2.52
Previous Close $2.59
Change ($) -0.07
Change (%) -2.70%
Day's Open 2.60
Day's Range 2.50 - 2.65
Day's Volume 337,121
52-Week Range 0.99 - 2.94

More Stats

Market Cap 204.47M
Enterprise Value 195.13M
Earnings Date (est) Feb 17, 2021
Ex-Dividend Date n/a
Shares Outstanding 81.14M
Float 62.80M
EPS (basic) -0.03
EPS (diluted) -0.18
FCF / Share -0.31
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 472,383
Short Ratio 1.59
Short % of Float 0.75%
Beta 2.09
PE Ratio n/a
Forward PE 60.24
P/FCF Ratio n/a
PS Ratio 0.72
PB Ratio 1.31
Revenue 285.58M
Operating Income 7.30M
Net Income -2.34M
Free Cash Flow -24.52M
Net Cash 9.34M
Net Cash / Share 0.12
Gross Margin 37.23%
Operating Margin 2.56%
Profit Margin -0.80%
FCF Margin -8.59%
ROA -1.61%
ROE -9.49%
ROIC 4.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (2)

Buy 1
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$3.25*
Low
3.25
Current: $2.52
High
3.25
Target: 3.25
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue286344332294349371362447445250
Revenue Growth-16.95%3.57%13.07%-15.97%-5.84%2.58%-19%0.31%78.21%-
Gross Profit96.8411610799.1610384.4411213812289.38
Operating Income7.3026.1423.1519.4921.59-32.03-26.92-18.64-49.3713.99
Net Income-2.3423.0515.5611.431.01-76.48-47.48-23.39-53.6514.06
Shares Outstanding80.3078.5877.9277.7077.2462.5238.5236.4635.9834.85
Earnings Per Share-0.030.280.190.150.01-1.22-1.23-0.64-1.490.38
EPS Growth-47.37%26.67%1400%------
Operating Cash Flow-12.9322.4917.1525.7716.12-32.28-29.517.21-20.13-10.70
Capital Expenditures-11.59-10.30-8.53-8.19-5.27-12.69-16.42-14.53-14.45-9.80
Free Cash Flow-24.5212.198.6217.5810.86-44.97-45.94-7.32-34.57-20.50
Cash & Equivalents23.9436.1025.8836.3436.3242.3748.3547.5245.8268.45
Total Debt14.60--17.0034.9250.9057.2343.7735.00-
Net Cash / Debt9.3436.1025.8819.341.40-8.53-8.873.7510.8268.45
Assets290283254244267342366394411287
Liabilities12912312012816423723125025083.01
Book Value160160134116103105135144161204
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Ceragon Networks Ltd.
Country Israel
Employees 1,042
CEO Ira Palti

Stock Information

Ticker Symbol CRNT
Stock Exchange NASDAQ
Sector Technology
Industry Communication Equipment
Unique Identifier NASDAQ: CRNT
IPO Date August 4, 2000

Description

Ceragon Networks provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services. Its wireless backhaul solutions use microwave and millimeter wave technology to transfer telecommunication traffic between base stations, small sells, and the core of the service provider's network. The company also offers wireless fronthaul solutions that use microwave technology for ultra-high speed, ultra-low latency communication for wireless 5G and 4G base stations. In addition, it provides IP-20 all-outdoor solutions, such as IP-20C, IP-20C-HP, IP-20S, IP-20E, and IP-20V; IP-20 split-mount/all-indoor solutions comprising IP-20N/IP-20A, IP-20GX, IP-20F, and IP-20G; and IP-50 disaggregated solutions, including IP-50E, IP-50C, and IP-50FX for various short-haul, long-haul, fronthaul, and enterprise access applications. Further, the company offers network management system; and network and radio planning, site survey, solutions development, installation, network auditing and optimization, maintenance, training, and other services. It provides its services to smart-phone applications, such as internet browsing, social networking, image sharing, music, and video applications; oil and gas companies; public safety organizations; business and public institutions; broadcasters; energy utilities; and private communications networks. The company sells its products through direct sales, original equipment manufacturers, resellers, distributors, and system integrators. It operates in North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was founded in 1996 and is headquartered in Tel Aviv, Israel.