Ciena (CIEN) Competitors

$46.61
+0.93 (+2.04%)
(As of 04/26/2024 08:52 PM ET)

CIEN vs. FN, BILL, UI, KT, S, QLYS, SAIC, ARW, LYFT, and CGNX

Should you be buying Ciena stock or one of its competitors? The main competitors of Ciena include Fabrinet (FN), BILL (BILL), Ubiquiti (UI), KT (KT), SentinelOne (S), Qualys (QLYS), Science Applications International (SAIC), Arrow Electronics (ARW), Lyft (LYFT), and Cognex (CGNX). These companies are all part of the "computer and technology" sector.

Ciena vs.

Ciena (NYSE:CIEN) and Fabrinet (NYSE:FN) are both mid-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, valuation, media sentiment, institutional ownership, earnings, profitability, dividends and community ranking.

Ciena has a beta of 0.99, indicating that its share price is 1% less volatile than the S&P 500. Comparatively, Fabrinet has a beta of 1.04, indicating that its share price is 4% more volatile than the S&P 500.

In the previous week, Ciena had 2 more articles in the media than Fabrinet. MarketBeat recorded 9 mentions for Ciena and 7 mentions for Fabrinet. Ciena's average media sentiment score of 0.56 beat Fabrinet's score of 0.39 indicating that Ciena is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ciena
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fabrinet
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

92.0% of Ciena shares are held by institutional investors. Comparatively, 97.4% of Fabrinet shares are held by institutional investors. 0.8% of Ciena shares are held by insiders. Comparatively, 0.5% of Fabrinet shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Fabrinet has a net margin of 9.35% compared to Ciena's net margin of 5.22%. Fabrinet's return on equity of 17.27% beat Ciena's return on equity.

Company Net Margins Return on Equity Return on Assets
Ciena5.22% 9.92% 5.08%
Fabrinet 9.35%17.27%12.81%

Ciena received 598 more outperform votes than Fabrinet when rated by MarketBeat users. Likewise, 76.62% of users gave Ciena an outperform vote while only 74.19% of users gave Fabrinet an outperform vote.

CompanyUnderperformOutperform
CienaOutperform Votes
1219
76.62%
Underperform Votes
372
23.38%
FabrinetOutperform Votes
621
74.19%
Underperform Votes
216
25.81%

Ciena currently has a consensus target price of $58.79, suggesting a potential upside of 26.12%. Fabrinet has a consensus target price of $159.57, suggesting a potential downside of 9.05%. Given Ciena's stronger consensus rating and higher probable upside, analysts clearly believe Ciena is more favorable than Fabrinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ciena
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.82
Fabrinet
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

Ciena has higher revenue and earnings than Fabrinet. Fabrinet is trading at a lower price-to-earnings ratio than Ciena, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ciena$4.39B1.54$254.83M$1.5430.27
Fabrinet$2.72B2.34$247.91M$6.9225.35

Summary

Ciena beats Fabrinet on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CIEN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CIEN vs. The Competition

MetricCienaTelephone & telegraph apparatus IndustryComputer SectorNYSE Exchange
Market Cap$6.74B$892.20M$20.78B$17.51B
Dividend YieldN/A3.45%2.78%3.54%
P/E Ratio30.2711.94263.1925.25
Price / Sales1.541.00511.5411.76
Price / Cash15.4615.9930.8217.84
Price / Book2.427.696.844.87
Net Income$254.83M-$2.54M$629.41M$964.49M
7 Day Performance7.00%3.20%3.05%1.90%
1 Month Performance-5.74%-13.07%-3.21%-3.71%
1 Year Performance1.24%-0.76%16.87%93.11%

Ciena Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FN
Fabrinet
1.573 of 5 stars
$168.74
+2.8%
$159.57
-5.4%
+84.8%$5.96B$2.72B24.3814,663Upcoming Earnings
Short Interest ↑
BILL
BILL
4.5699 of 5 stars
$61.27
+1.1%
$103.57
+69.0%
-18.7%$6.44B$1.06B-56.732,521Upcoming Earnings
Short Interest ↑
UI
Ubiquiti
1.4454 of 5 stars
$106.23
+0.8%
$126.50
+19.1%
-53.4%$6.42B$1.94B17.251,059Upcoming Earnings
KT
KT
3.198 of 5 stars
$12.69
+1.2%
N/A+11.4%$6.54B$20.20B8.1920,544Short Interest ↑
S
SentinelOne
1.8469 of 5 stars
$21.19
+3.5%
$26.08
+23.1%
+34.2%$6.57B$621.15M-18.272,300Gap Down
QLYS
Qualys
1.7275 of 5 stars
$171.54
+1.8%
$153.23
-10.7%
+50.8%$6.34B$554.46M42.462,188Analyst Report
SAIC
Science Applications International
3.0883 of 5 stars
$128.08
+2.4%
$127.60
-0.4%
+26.9%$6.62B$7.44B14.4724,000Positive News
ARW
Arrow Electronics
3.3742 of 5 stars
$125.01
+1.4%
$136.00
+8.8%
+12.4%$6.75B$33.11B7.9222,100Upcoming Earnings
Positive News
LYFT
Lyft
2.6177 of 5 stars
$16.92
+1.1%
$14.60
-13.7%
+59.7%$6.76B$4.40B-19.012,945
CGNX
Cognex
4.3697 of 5 stars
$39.54
+0.9%
$47.70
+20.6%
-14.8%$6.79B$837.55M59.912,992Upcoming Earnings

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This page (NYSE:CIEN) was last updated on 4/29/2024 by MarketBeat.com Staff

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