NYSE: CIEN
- Last Close 47.14
- Sector Technology
- Industry Communication Equipment
- Investment Style Small Blend
- Day Range 46.98 – 47.69
- Year Range 38.33 – 54.25
- Market Cap 6.9693 Bil
- Volume / Avg 1.0 Mil / 1.7 Mil
- Price / Sales 1.67
- Price / Book 2.38
- Forward Div Yield —
- Trailing Div Yield —
Morningstar‘s Stock Analysis CIEN
Valuation
Currency in —
Is it the right time to buy or sell?
Is it the right time to buy or sell?
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
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Company Profile CIEN
Business Description
Ciena Corp is a network strategy and technology company. It 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. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises worldwide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India.
Related Articles CIEN
Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion.
Ciena Corp
XNYS: CIEN
| Extreme Networks Inc
XNAS: EXTR
| Juniper Networks Inc
XNYS: JNPR
| 5G Networks Ltd Ordinary Shares
XASX: 5GN
| |
Price
| 47.14 | 24.18 | 27.93 | — |
Currency
| USD | USD | USD | — |
Change
| +$0.25 (0.53%) | +$1.07 (4.63%) | +$0.20 (0.72%) | — |
Market Cap
| 6.97 Bil | 3.14 Bil | 8.98 Bil | — |
Industry
| Communication Equipment | Communication Equipment | Communication Equipment | Telecom Services |
Sector
|
Technology
|
Technology
|
Technology
|
Communication Services
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Ciena Corp Stock
No. CIEN does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
CIEN’s market cap is 6.97 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
CIEN’s stock style is Small Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
CIEN’s price/sales is 1.67.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
CIEN’s price/forward earnings is 32.07.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
CIEN’s price/book is 2.38.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See CIEN’s valuation ratios compared to the Market Index.
CIEN’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare CIEN’s historical performance against its industry peers and the overall market.