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How to Buy Ceragon Networks Stock

Ceragon Networks Ltd

Ceragon Networks Ltd. provides wireless backhaul and fronthaul solutions that enable cellular operators and other wireless service providers.

Ceragon Networks stock last closed at $2.74, up 1.11% from the previous day, and has increased 54.8% in one year. It has overperformed other stocks in the Communication Equipment industry by 0.68 percentage points. Ceragon Networks stock is currently +75.64% from its 52-week low of $1.56, and -18.93% from its 52-week high of $3.38.

There are currently 85.42M CRNT shares outstanding. The market value of CRNT is $234.05M. In the last 24 hours, 259,201 CRNT shares were traded.

How to Buy Ceragon Networks Stock

Not sure how to invest in Ceragon Networks stock? Here's how.
  1. Choose where to buy Ceragon Networks stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Ceragon Networks stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Select your payment method and add your details.
  4. Analyze Ceragon Networks stock: The Ceragon Networks ticker symbol is CRNT. Is Ceragon Networks stock a good investment? Should you buy shares of CRNT? How do CRNT's underlying business fundamentals look? Do top analysts think Ceragon Networks is a good buy? Why has CRNT's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if CRNT is a good stock to buy).
  5. Make your CRNT purchase: Decide if you will purchase CRNT shares at the current market price or use a limit order to purchase CRNT stock at a given price.
  6. Get key alerts regarding your investment in CRNT: Create a watchlist to track your new investment in Ceragon Networks stock.

Step 1: Choose where to buy Ceragon Networks stock

You will need an online brokerage account in order to access the NASDAQ market and buy CRNT stock.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, it's time to fill out some personal details so you can buy CRNT today.

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Step 3: Fund your investment account

Now that you have opened your account on our top ranked stock app, you need to deposit funds:

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Step 4: Analyze Ceragon Networks stock

Once you have selected the best place to buy Ceragon Networks stock, it's very important to analyze their stock before you buy, so you can comprehend the risk as well as the opportunity.

Ceragon Networks quick stats

CRNT Price
$2.74
1w %
1.48%
1y %
54.8%
5y %
-33.17%
P/E
39.14x
P/B
1.75x
P/S
0.67x
PEG
N/A
Revenue
$347.18M
Earnings
$6.22M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$234.05M
Next Earnings
May 7, 2024
Next Dividend
N/A

Fundamentals of CRNT

WallStreetZen was built to help average investors perform more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on CRNT's stock page.

Is CRNT stock overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge CRNT's fair value.

Using relative valuations measures:

  • CRNT may be overvalued based on its P/E ratio of 39.14x, relative to Communication Equipment industry P/E ratio of 10.86x
  • CRNT may be undervalued based on its P/B ratio of 1.75x, relative to Communication Equipment industry P/B ratio of 2.69x

You can do additional valuation research on CRNT's stock here.

How do CRNT Financials look?

Passed Financial Due Diligence Checks:

  • CRNT's operating cash flow of $30.89M allows it to safely service it's debt of $50.21M.
  • CRNT profit margin has gone up from -6.7% to 1.8% in the past year.
  • There are more short-term assets than short-term liabilities on the CRNT balance sheet.
  • There are more short-term assets than long-term liabilities on the CRNT balance sheet.

Failed Financial Due Diligence Checks:

  • CRNT has a relatively high debt to equity ratio of 1.23.
  • CRNT earnings of $21.21M is not sufficient to cover its interest payments.
  • Total CRNT debt is higher than 5 years ago, relative to shareholder equity.

Is CRNT stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 sell side analysts who give forecasts on CRNT, the consensus analyst rating on Ceragon Networks is a Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Ceragon Networks stock forecast page.

Metrics for Advanced CRNT Traders

SMA10
2.77
SMA20
2.94
SMA50
2.97
SMA100
2.63
SMA200
2.26
MACD
-0.08
MACD Signal
-0.05
MACD Histogram
-0.03
RSI
39.43
Stochastic %K
12
Stochastic %D
13.17
StochRSI %K
18.84
StochRSI %D
17.89

CRNT Earnings

Last year, CRNT earnings were $6.22M. During the last 5 year, CRNT's earnings have increased by -24.74% per year. This was slower than the Communication Equipment industry average of 5.34%.

Last year, CRNT revenue was $347.18M. During the last five year, CRNT's revenue has increased by 0.19% per year. This was slower than the Communication Equipment industry average of 4%.

Find out more about CRNT's earnings and revenue performance here.

Latest Insiders Trades at CRNT

Over the last 12 months, executives and large shareholders at CRNT have not bought or sold any shares.

Get more info about who owns CRNT shares here.

Does CRNT provide a stable income stream?

No, Ceragon Networks doesn't provide an income stream by paying out dividends.

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Step 5: Make your CRNT purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.

Hit the Open Trade button and your broker will place the order.

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Step 6: Get key alerts regarding your investment in CRNT

Now that you own some CRNT stock, you'll want to keep up with your investment.

Make a watchlist to get notified of important updates regarding your CRNT stock.

CRNT Feed

How to Buy Stock in Ceragon Networks

To reiterate, here are the 6 steps to buy Ceragon Networks stock:

  1. Choose where to buy Ceragon Networks stock
  2. Sign up for a brokerage account
  3. Fund your investment account
  4. Analyze Ceragon Networks stock
  5. Make your CRNT purchase
  6. Get key alerts regarding your investment in CRNT

If you need a brokerage account, eToro is our favorite option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Ceragon Networks, create a watchlist today.

NASDAQ: CRNT
$2.74+0.03 (+1.11%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: CRNT
$2.74+0.03 (+1.11%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ceragon Networks share?

As of Apr 25, 2024, it costs $2.74 to buy one share of Ceragon Networks stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.365 shares of CRNT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ceragon Networks stock?

According to 1 Wall Street analysts who monitor Ceragon Networks, their consensus recommendation is to buy Ceragon Networks stock.

What is the best way to buy Ceragon Networks stock?

One way to place an order for Ceragon Networks stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.