NYSE: CIEN
Ciena Corp Stock

$73.58+1.35 (+1.87%)
Updated Dec 6, 2024
CIEN Price
$73.58
Fair Value Price
N/A
Market Cap
$10.63B
52 Week Low
$42.20
52 Week High
$73.78
P/E
78.28x
P/B
3.68x
P/S
1.8x
PEG
1.37x
Dividend Yield
N/A
Revenue
$4.02B
Earnings
$138.13M
Gross Margin
43.4%
Operating Margin
5.93%
Profit Margin
3.4%
Debt to Equity
0.93
Operating Cash Flow
$361M
Beta
1.1
Next Earnings
Dec 12, 2024
Ex-Dividend
N/A
Next Dividend
N/A

CIEN Overview

Ciena Corporation develops and sells equipment, software, and services to the telecommunications industry and large cloud service firms. Their products and services support the transport and management of voice and data traffic on communications networks. Its customers include AT&T, Deutsche Telekom, Korea Telecom, Sprint Corporation, and Verizon Communications. Ciena was founded in 1992 and is headquartered in Hanover, MD.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine CIEN's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

C
Value
D
Growth
B
Momentum
B
Sentiment
B
Safety
C
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Communication Equipment

Industry Rating
B
CIEN
Ranked
#36 of 58

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$4.30A
$33.95A
$409.32A
View Top Communication Equipment Stocks

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CIEN News

Overview

Due Diligence Score

Industry Average (28)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how CIEN scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

CIEN ($73.58) is trading above its intrinsic value of $24.51, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
CIEN is poor value based on its earnings relative to its share price (78.28x), compared to the US market average (29.86x)
P/E vs Market Valuation
CIEN is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 30 more CIEN due diligence checks available for Premium users.

Valuation

CIEN price to earnings (PE)

For valuing profitable companies with steady earnings

Company
78.28x
Industry
17.89x
Market
29.86x
CIEN is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
CIEN is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

CIEN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
3.68x
Industry
3.72x
CIEN is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CIEN price to earnings growth (PEG)

For valuing profitable companies with growth potential

CIEN is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

CIEN's financial health

Profit margin

Revenue
$942.3M
Net Income
$14.2M
Profit Margin
1.5%
CIEN's Earnings (EBIT) of $238.59M... subscribe to Premium to read more.
Interest Coverage Financials
CIEN's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$5.6B
Liabilities
$2.7B
Debt to equity
0.93
CIEN's short-term assets ($3.54B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CIEN's short-term assets ($3.54B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CIEN's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
CIEN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$159.4M
Investing
-$18.8M
Financing
-$28.5M
CIEN's operating cash flow ($360.64M)... subscribe to Premium to read more.
Debt Coverage Financials

CIEN vs Communication Equipment Stocks

TickerZen RatingMarket Cap1d %P/EP/B
CIENC$10.63B+1.87%78.28x3.68x
JNPRC$12.09B-0.71%47.43x2.60x
CRDOB$12.41B+5.44%-494.87x21.86x
ASTSF$7.34B+12.48%-11.83x23.75x
SATSF$6.52B+0.27%-2.83x0.34x

Ciena Stock FAQ

What is Ciena's quote symbol?

(NYSE: CIEN) Ciena trades on the NYSE under the ticker symbol CIEN. Ciena stock quotes can also be displayed as NYSE: CIEN.

If you're new to stock investing, here's how to buy Ciena stock.

What is the 52 week high and low for Ciena (NYSE: CIEN)?

(NYSE: CIEN) Ciena's 52-week high was $73.78, and its 52-week low was $42.20. It is currently -0.27% from its 52-week high and 74.36% from its 52-week low.

How much is Ciena stock worth today?

(NYSE: CIEN) Ciena currently has 144,427,200 outstanding shares. With Ciena stock trading at $73.58 per share, the total value of Ciena stock (market capitalization) is $10.63B.

Ciena stock was originally listed at a price of $213.92 in Dec 31, 1997. If you had invested in Ciena stock at $213.92, your return over the last 26 years would have been -65.6%, for an annualized return of -4.02% (not including any dividends or dividend reinvestments).

How much is Ciena's stock price per share?

(NYSE: CIEN) Ciena stock price per share is $73.58 today (as of Dec 6, 2024).

What is Ciena's Market Cap?

(NYSE: CIEN) Ciena's market cap is $10.63B, as of Dec 8, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Ciena's market cap is calculated by multiplying CIEN's current stock price of $73.58 by CIEN's total outstanding shares of 144,427,200.
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.