CIEN - Ciena Corporation
| Previous Close | 30.99 |
| Open | 31.15 |
| Bid | 29.66 x 27000 |
| Ask | 0.00 x 3000 |
| Day's Range | 30.76 - 31.50 |
| 52 Week Range | 19.40 - 32.33 |
| Volume | 2,732,047 |
| Avg. Volume | 2,423,885 |
| Market Cap | 4.426B |
| Beta | 1.01 |
| PE Ratio (TTM) | 6.34 |
| EPS (TTM) | 4.90 |
| Earnings Date | Dec 5, 2018 - Dec 10, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 33.97 |
Markit•2 days agoSee what the IHS Markit Score report has to say about Ciena Corp.
Short interest is moderately high for CIEN with between 10 and 15% of shares outstanding currently on loan. 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.
- Benzinga•9 days ago
Finisar, Ciena Downgraded: Why Morgan Stanley Is Turning Neutral On The Optical Companies
Optical component manufacturers present a bullish opportunity in 2019 but are less attractive investments in the near-term, according to Morgan Stanley. The Analyst Analyst Meta Marshall downgraded shares ...
- MarketWatch•9 days ago
Finisar, Ciena stocks fall on Morgan Stanley downgrades
Shares of Finisar Corp. and Ciena Corp. are down 4.2% and 2.8%, respectively, in premarket trading Thursday after Morgan Stanley analyst Meta Marshall downgraded the stocks to equal-weight from overweight. "Finisar and Ciena have closed the short-term valuation gaps that we believed existed," Marshall wrote. "While we think both stocks could continue to move toward our bull cases, we think those catalysts for further positive moves are in CY19, causing us to move to the sidelines for now." Marshall thinks that Finisar will need to first get its Sherman facility certified and turn its new data-communications product into a meaningful revenue driver in order for Morgan Stanley to have more confidence in the company's earnings power. Finisar shares are down 10.5% over the past 12 months, while Ciena shares are up 44%. The S&P 500 is up 16% in that time.
- Motley Fool•10 days ago
Why Ciena Spiked After Its Recent Earnings Report
Ciena is outgunning competitors, both at home and overseas.
- Moody's•11 days ago
CIENA Corporation -- Moody's upgrades CIENA Corporation's CFR to Ba1; outlook stable
Moody's Investors Service upgraded CIENA Corporation's corporate family rating to Ba1 from Ba2. The ratings outlook is stable. The upgrade of the CFR to Ba1 reflects Moody's expectations that CIENA will reduce adjusted gross debt to EBITDA to below 2x over the next year while growing revenue in the mid-single digits, modestly expanding profit margins and maintaining a robust liquidity profile.
- Thomson Reuters StreetEvents•11 days ago
Edited Transcript of CIEN earnings conference call or presentation 30-Aug-18 12:30pm GMT
Q3 2018 Ciena Corp Earnings Call
- Business Wire•12 days ago
Tele2 Netherlands Improves Network Performance Using Ciena’s WaveLogic Ai
Tele2 Netherlands, a leading regional telecommunications service provider, recently deployed Ciena’s (CIEN) WaveLogic Ai coherent optical solution to increase the capacity of its network, lower operating costs and support a tremendous increase in mobile video data traffic driven by Netflix™ and YouTube™. Tele2 Netherlands is a telecommunications service provider supporting the Dutch market. Tele2 Netherlands services both domestic and large enterprise customers, and manages a portfolio of fixed telephone, mobile phone, broadband and digital television products.
Motley Fool•15 days agoCiena (CIEN) Q3 2018 Earnings Conference Call Transcript
CIEN earnings call for the period ending July 31, 2018.
- Zacks•16 days ago
Ciena to Buy DonRiver to Boost Blue Planet Software Strategy
Ciena's (CIEN) buyout of DonRiver will help the company accelerate its software strategy and contribute toward its long-term financial goal of growing Blue Planet and associated services business.
Markit•16 days agoSee what the IHS Markit Score report has to say about Ciena Corp.
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.
- Business Wire•17 days ago
Ciena Announces Intent to Acquire DonRiver
Ciena® Corporation (CIEN) has entered into a definitive agreement to acquire privately-held DonRiver, a global software and services company specializing in federated network and service inventory management solutions within the service provider Operational Support Systems (OSS) environment. DonRiver will bring new capabilities to Ciena’s Blue Planet software and services portfolio that significantly enhance the company’s ability to deliver on its Adaptive Network vision through intelligent, closed-loop automation. Specifically, with the addition of DonRiver’s federated network and service inventory management solutions, Ciena’s Blue Planet capabilities will extend beyond network orchestration and control to also provide a unified inventory view of all elements across a provider’s network.
- GuruFocus.com•23 days ago
3 Stocks Move Thursday
Michaels Companies, Campbell Soup, Ciena move on quarterly results
- Motley Fool•23 days ago
Why Insys Therapeutics, Signet Jewelers, and Ciena Jumped Today
Find out which of these stocks posted the biggest gains.
- American City Business Journals•23 days ago
Ciena shares soar on better-than-expected earnings
Shares of Ciena Corp. were up nearly 13 percent in trading Thursday morning after the company reported substantial sales and profit increases in its fiscal third quarter and said it is on track to meet three-year financial targets.
- InvestorPlace•23 days ago
Ciena Corporation Soars on Q3 Earnings Beat
Ciena’s earnings report for its fiscal third quarter of the year includes earnings per share of 48 cents. This is an increase over the company’s earnings per share of 35 cents from the same time last year. It was also good news for CIEN stock by beating out Wall Street’s earnings per share estimate of 36 cents for the quarter.
- The Wall Street Journal•23 days ago
[$$] Ciena 3Q Profit Falls 15% on Higher Tax Provision
Corp. said Thursday that third-quarter profit fell 15%, due to a higher tax provision, and said it remains confident in meeting its three-year financial targets. The Maryland-based supplier of telecommunications equipment earned a quarterly net profit of $50.8 million, or 34 cents a share, for the three months ended July 31 compared with $60 million, or 39 cents, for the same period last year. The company booked a provision for income tax of $19.3 million in the third quarter compared with $7.7 million a year earlier.
- Investing.com•23 days ago
Stocks - U.S. Futures Drop As Trade Focus Switches to China
Investing.com - U.S. futures pointed to a lower open on Thursday as attention on trade issues switched from the renegotiation of the North American Free Trade Agreement (NAFTA) to the continued impasse between the world’s two largest economies.
- Barrons.com•23 days ago
Morning Movers: Signet Soars, Dollar Tree Drops, Ciena Jumps
Market Malaise. The S&P 500 is trying for its best August since 2014, but a lot could depend on how much it drops on Thursday, as concerns about relations between the U.S. and China take a toll. Signet ...
- Simply Wall St.•23 days ago
Is Ciena Corporation’s (NYSE:CIEN) PE Ratio A Signal To Buy For Investors?
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to start learning about core conceptsRead More...
- Associated Press•23 days ago
Ciena: Fiscal 3Q Earnings Snapshot
On a per-share basis, the Hanover, Maryland-based company said it had net income of 34 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 48 cents per share. The results ...
- MarketWatch•23 days ago
Ciena's stock soars after earnings, revenue beat expectations
MARKET PULSE Shares of Ciena Corp. (cien) shot up 6.2% toward a 7 1/2-year high in permarket trade Thursday, after the networking company reported fiscal third-quarter earnings and revenue that beat expectations.
- Business Wire•23 days ago
Ciena Reports Fiscal Third Quarter 2018 Financial Results
Year-over-year revenue growth of 12% reflects strong execution and another quarter of consistent performance
- ACCESSWIRE•23 days ago
Ciena Corporation to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / August 30, 2018 / Ciena Corporation (NYSE: CIEN ) will be discussing their earnings results in their 2018 Third Quarter Earnings to be held on August 30, 2018 at 8:30 AM Eastern ...
- Benzinga•24 days ago
Ciena's Q3 Earnings Preview
Ciena (NYSE: CIEN ) announces its next round of earnings this Thursday. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement. Earnings and Revenue Analysts expect Ciena earnings ...
