|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||34.25 - 36.55|
|52 Week Range||20.71 - 36.55|
|Beta (3Y Monthly)||0.53|
|PE Ratio (TTM)||7.13|
|Earnings Date||Dec 5, 2018 - Dec 10, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.70|
The superstitious set can breathe a bit easier about Ciena after the supplier of fiber-optic networking equipment appeared to be tempting fate. Its fiscal third-quarter earnings report came on Aug. 30—the day the Nasdaq Composite hit its all-time high. Ciena’s results were strong enough then to grant the stock immunity from the global selloff that has whacked most other tech companies since then.
Investing.com – General Electric , Ciena and Aflac soared heading into the close Thursday, sidestepping a weaker backdrop for the broader market.
In today's stock market, Procter & Gamble and Caterpillar were top gainers in the Dow Jones. PayPal and Tesla buoyed the Nasdaq 100.
Stock futures: Ciena earnings crushed views, sending Ciena stock back into buy range. Microsoft stock leads several top techs nearing buy points.
A big move by China helped boost stocks at Thursday open, Ciena soared and Procter & Gamble led the Dow Jones industrial average.
were surging in premarket trading Thursday after the telecommunications equipment company topped Wall Street's earnings estimates. Earnings per share in Ciena's fiscal fourth were 53 cents a share on an adjusted basis, better than analysts' expectations of 48 cents. Sales were $899.4 million, beating Wall Street estimates of $862.4 million.
Ciena (CIEN) delivered earnings and revenue surprises of 8.16% and 4.51%, respectively, for the quarter ended October 2018. Do the numbers hold clues to what lies ahead for the stock?
Index (PMI) data, output in the Technology sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
On a per-share basis, the Hanover, Maryland-based company said it had profit of 34 cents. Earnings, adjusted for one-time gains and costs, came to 53 cents per share. The results beat Wall Street expectations. ...
Coca-Cola KO – UBS downgraded the stock to "neutral" from "buy." The firm notes Coke's stable earnings growth, but adds that the company is in the midst of significant changes and that issues with any one of them could prompt management to back away from prior growth targets. General Electric GE – JPMorgan Chase analyst Stephen Tusa upgraded GE to "neutral" from "underweight," but kept his price target at $6 per share. Ciena CIEN – The networking equipment maker beat estimates by five cents with adjusted quarterly profit of 53 cents per share, with revenue also beating forecasts.
Ciena (CIEN) is likely to beat earnings estimates in the fiscal fourth quarter on the back of higher revenues on a year-over-year basis.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.
Costco stock and Okta stock lead five top stocks to watch. Investors shouldn't be making new buys, but these stocks could break out once conditions improve.
CNBC's Jim Cramer says panic will reign on Wall Street if the Federal Reserve chooses not to raise interest rates in December. The "Mad Money" host will keep an eye on earnings reports from Dave & Buster's, Costco, and more. "Now that the S&P 500 has gone negative for the year, let me give you one warning: I think we're going to have to slog through these volatility sessions for a bit," Cramer, host of "Mad Money," told investors.