Ceragon Networks Ltd Company Profile (NASDAQ:CRNT)

About Ceragon Networks Ltd (NASDAQ:CRNT)

Ceragon Networks Ltd logoCeragon Networks Ltd. offers wireless backhaul solutions. The Company's products include FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform and Network Management. The Company provides its services to wireless service providers, public safety organizations, government agencies and utility companies, among others. Its solutions are deployed by over 460 service providers, as well as a range of private network owners, in over 130 countries. The Company's FibeAir IP-20 platform offers flexibility in choosing all-outdoor, split-mount and all-indoor configurations to suit any deployment scenario. The FibeAir IP-20 platform includes product categories, such as shorthaul-access and shorthaul-aggregation. The FibeAir IP-20 Assured platform includes product categories, such as shorthaul-access, shorthaul-aggregation, small cells, longhaul and enterprise access. Its NetMaster is a Network Management System (NMS), which is designed for managing large-scale wireless backhaul networks.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CRNT
  • CUSIP: N/A
  • Web: www.ceragon.com
Capitalization:
  • Market Cap: $228.72 million
  • Outstanding Shares: 77,796,000
Average Prices:
  • 50 Day Moving Avg: $3.21
  • 200 Day Moving Avg: $3.14
  • 52 Week Range: $1.44 - $4.23
P/E:
  • Trailing P/E Ratio: 19.47
  • Foreward P/E Ratio: 11.31
  • P/E Growth: 0.69
Sales & Book Value:
  • Annual Revenue: $309.83 million
  • Price / Sales: 0.74
  • Book Value: $1.52 per share
  • Price / Book: 1.93
Profitability:
  • EBIDTA: $28.37 million
  • Net Margins: 3.23%
  • Return on Equity: 6.93%
  • Return on Assets: 2.98%
Debt:
  • Current Ratio: 1.85%
  • Quick Ratio: 1.45%
Misc:
  • Average Volume: 360,259 shs.
  • Beta: 1.2
  • Short Ratio: 0.77
 

Frequently Asked Questions for Ceragon Networks Ltd (NASDAQ:CRNT)

What is Ceragon Networks Ltd's stock symbol?

Ceragon Networks Ltd trades on the NASDAQ under the ticker symbol "CRNT."

How were Ceragon Networks Ltd's earnings last quarter?

Ceragon Networks Ltd (NASDAQ:CRNT) announced its quarterly earnings data on Thursday, May, 11th. The company reported $0.01 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.01. The business had revenue of $76.02 million for the quarter, compared to the consensus estimate of $74.09 million. Ceragon Networks Ltd had a return on equity of 6.93% and a net margin of 3.23%. The business's revenue was up 27.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.10 earnings per share. View Ceragon Networks Ltd's Earnings History.

Where is Ceragon Networks Ltd's stock going? Where will Ceragon Networks Ltd's stock price be in 2017?

3 equities research analysts have issued 1 year price targets for Ceragon Networks Ltd's stock. Their forecasts range from $3.00 to $3.00. On average, they anticipate Ceragon Networks Ltd's share price to reach $3.00 in the next year. View Analyst Ratings for Ceragon Networks Ltd.

What are analysts saying about Ceragon Networks Ltd stock?

Here are some recent quotes from research analysts about Ceragon Networks Ltd stock:

  • 1. According to Zacks Investment Research, "Ceragon Networks Ltd. is a leading provider of high-capacity wireless backhaul solutions for cellular and fixed wireless operators, enterprises and government organizations. Ceragon's modular FibeAir product family is recognized as the gold standard for backhaul transmission and is also one of the top solutions chosen by cellular operators for SONET/SDH rings. A scalable, future-proof solution for wireless transport of broadband services, FibeAir operates across multiple frequencies for IP and SONET/SDH protocols, supporting the emerging needs of next-generation networks that are evolving to all-IP based services, including triple-play. It leads the market in IP backhaul, offering a unique, native IP solution that provides the efficient, robust connectivity required for WiFi, WiMAX and converged networks. " (4/18/2017)
  • 2. Jefferies Group LLC analysts commented, "seasonal dip" in Q1'17. The street estimates $72M for Q1'17, $75M for Q2'17.Analyst James Kisner commented, "CRNT positively pre-announced H1'17 results driven by a surge in orders from a mobile operator in India. Ceragon stated it has increased expectations for gross profit in H1'17, but gross margin is likely to be lower given the margin profile of business in India. CRNT declined to raise CY17 guidance (or provide an update Q4), citing only "increased confidence" that it can be met or exceeded. We're keeping our Hold rating." (1/19/2017)
  • 3. Needham & Company LLC analysts commented, "At 17.4x EV/E on CY17 estimates Ceragon looks fairly valued. The share price up 248% over the last year versus 20% for the S&P 500 has discounted the improved business outlook, improving Gross Margins, and recent contract wins in our opinion. The stock is 18% above our prior price target of $3.00. Ceragon's management expects flat Revenues in CY17 with flat OPEX at recent levels and modestly improving Gross Margins resulting in modest improvements in EPS. We think the expectations have run ahead of these management guidelines." (1/17/2017)

Are investors shorting Ceragon Networks Ltd?

Ceragon Networks Ltd saw a increase in short interest in the month of April. As of April 28th, there was short interest totalling 369,804 shares, an increase of 8.9% from the April 13th total of 339,531 shares. Based on an average daily trading volume, of 271,299 shares, the short-interest ratio is currently 1.4 days.

Who are some of Ceragon Networks Ltd's key competitors?

Who owns Ceragon Networks Ltd stock?

Ceragon Networks Ltd's stock is owned by many different of institutional and retail investors. Top institutional investors include Acadian Asset Management LLC (4.02%), Renaissance Technologies LLC (2.94%), Vanguard Group Inc. (1.44%), Systematic Financial Management LP (0.62%), Oxford Asset Management (0.60%) and Essex Investment Management Co. LLC (0.50%). View Institutional Ownership Trends for Ceragon Networks Ltd.

Who sold Ceragon Networks Ltd stock? Who is selling Ceragon Networks Ltd stock?

Ceragon Networks Ltd's stock was sold by a variety of institutional investors in the last quarter, including Westpac Banking Corp, Algert Global LLC, Goldman Sachs Group Inc., Private Wealth Partners LLC, Acrospire Investment Management LLC, Renaissance Technologies LLC, Geode Capital Management LLC and Renaissance Group LLC. View Insider Buying and Selling for Ceragon Networks Ltd.

Who bought Ceragon Networks Ltd stock? Who is buying Ceragon Networks Ltd stock?

Ceragon Networks Ltd's stock was acquired by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Zweig DiMenna Associates LLC, Oxford Asset Management, Lazard Asset Management LLC, United Services Automobile Association, UBS Group AG, Vanguard Group Inc. and KCG Holdings Inc.. View Insider Buying and Selling for Ceragon Networks Ltd.

How do I buy Ceragon Networks Ltd stock?

Shares of Ceragon Networks Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ceragon Networks Ltd stock cost?

One share of Ceragon Networks Ltd stock can currently be purchased for approximately $2.94.

Analyst Ratings

Consensus Ratings for Ceragon Networks Ltd (NASDAQ:CRNT) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $3.00 (2.04% upside)

Analysts' Ratings History for Ceragon Networks Ltd (NASDAQ:CRNT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/11/2017Oppenheimer Holdings Inc.Reiterated RatingHoldLowView Rating Details
1/19/2017Jefferies Group LLCBoost Price TargetHold$2.50 -> $3.00N/AView Rating Details
1/17/2017Needham & Company LLCDowngradeBuy -> HoldN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Ceragon Networks Ltd (NASDAQ:CRNT)
Earnings by Quarter for Ceragon Networks Ltd (NASDAQ:CRNT)
Earnings History by Quarter for Ceragon Networks Ltd (NASDAQ:CRNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/11/20173/31/2017$0.01$0.01$74.09 million$76.02 millionViewN/AView Earnings Details
2/15/2017Q416$0.06$0.07$80.64 million$84.70 millionViewListenView Earnings Details
11/14/2016Q316$0.04$0.06$77.57 million$79.13 millionViewN/AView Earnings Details
8/8/2016Q216($0.01)$0.02$67.59 million$70.00 millionViewN/AView Earnings Details
5/9/2016Q116($0.02)($0.01)$63.55 million$59.80 millionViewN/AView Earnings Details
2/16/2016Q415$0.02$0.03$80.61 million$75.60 millionViewListenView Earnings Details
11/2/2015Q315$0.03$0.04$92.13 million$85.40 millionViewN/AView Earnings Details
8/13/2015Q215$0.04$95.01 million$94.80 millionViewListenView Earnings Details
5/6/2015Q115($0.04)($0.06)$93.94 million$93.70 millionViewN/AView Earnings Details
2/24/2015Q414($0.05)($0.06)$108.96 million$111.20 millionViewN/AView Earnings Details
10/30/2014Q3($0.14)($0.06)$94.97 million$99.00 millionViewN/AView Earnings Details
7/28/2014Q314($0.06)($0.10)$89.33 million$90.10 millionViewN/AView Earnings Details
5/8/2014Q1($0.16)($0.34)$71.80 million$70.50 millionViewListenView Earnings Details
2/13/2014Q4($0.07)($0.09)$90.38 million$89.50 millionViewListenView Earnings Details
11/11/2013Q313($10.00)($0.12)$93.53 million$92.10 millionViewListenView Earnings Details
8/12/2013Q2 2013($0.17)($0.15)$86.24 million$90.10 millionViewListenView Earnings Details
5/6/2013Q113($0.17)($0.16)$94.89 million$90.10 millionViewN/AView Earnings Details
2/14/2013Q412($0.07)$0.06$97.69 million$106.80 millionViewN/AView Earnings Details
10/29/2012Q312$0.11$0.09$121.32 million$118.00 millionViewN/AView Earnings Details
8/6/2012$0.07$0.08ViewN/AView Earnings Details
5/7/2012$0.06$0.05ViewN/AView Earnings Details
2/28/2012$0.06$0.06ViewN/AView Earnings Details
11/7/2011$0.02ViewN/AView Earnings Details
8/8/2011($0.01)($0.04)ViewN/AView Earnings Details
5/16/2011$0.01($0.02)ViewN/AView Earnings Details
1/31/2011$0.15$0.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ceragon Networks Ltd (NASDAQ:CRNT)
2017 EPS Consensus Estimate: $0.15
2018 EPS Consensus Estimate: $0.26
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.01)($0.01)($0.01)
Q2 20171$0.10$0.10$0.10
Q3 20171$0.03$0.03$0.03
Q4 20171$0.03$0.03$0.03
Q1 20181$0.02$0.02$0.02
Q2 20181$0.06$0.06$0.06
Q3 20181$0.08$0.08$0.08
Q4 20181$0.10$0.10$0.10
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Ceragon Networks Ltd (NASDAQ:CRNT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Ceragon Networks Ltd (NASDAQ:CRNT)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Ceragon Networks Ltd (NASDAQ:CRNT)
Latest Headlines for Ceragon Networks Ltd (NASDAQ:CRNT)
Source:
DateHeadline
nasdaq.com logoWhy Ceragon (CRNT) Might Be a Diamond in the Rough - Nasdaq
www.nasdaq.com - May 25 at 6:07 PM
finance.yahoo.com logoWhy Ceragon (CRNT) Might Be a Diamond in the Rough
finance.yahoo.com - May 25 at 6:07 PM
finance.yahoo.com logoETFs with exposure to Ceragon Networks Ltd. : May 22, 2017
finance.yahoo.com - May 22 at 4:21 PM
finance.yahoo.com logoCeragon Networks Ltd. :CRNT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017
finance.yahoo.com - May 17 at 11:27 AM
americanbankingnews.com logo Brokerages Anticipate Ceragon Networks Ltd (CRNT) Will Announce Quarterly Sales of $98.53 Million
www.americanbankingnews.com - May 14 at 8:47 AM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Earns Hold Rating from Oppenheimer Holdings Inc.
www.americanbankingnews.com - May 13 at 6:58 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Sees Significant Growth in Short Interest
www.americanbankingnews.com - May 13 at 7:04 AM
reuters.com logoBRIEF-Ceragon Networks reports first quarter 2017 financial results
www.reuters.com - May 12 at 10:03 PM
streetinsider.com logoCeragon Networks (CRNT) Reports Q1 EPS of $0.00
www.streetinsider.com - May 12 at 10:03 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Expected to Announce Earnings of $0.10 Per Share
www.americanbankingnews.com - May 12 at 8:28 PM
seekingalpha.com logoCeragon Networks' (CRNT) CEO Ira Palti on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 11 at 10:11 PM
finance.yahoo.com logoEdited Transcript of CRNT earnings conference call or presentation 11-May-17 1:00pm GMT
finance.yahoo.com - May 11 at 10:11 PM
finance.yahoo.com logoCeragon Networks Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 11 at 5:09 PM
finance.yahoo.com logoCeragon posts 1Q loss
finance.yahoo.com - May 11 at 5:09 PM
finance.yahoo.com logoETFs with exposure to Ceragon Networks Ltd. : May 11, 2017
finance.yahoo.com - May 11 at 5:09 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Issues Earnings Results
www.americanbankingnews.com - May 11 at 3:00 PM
americanbankingnews.com logoCeragon Networks (CRNT) Given Daily News Impact Score of 0.69
www.americanbankingnews.com - May 3 at 11:44 AM
finance.yahoo.com logoETFs with exposure to Ceragon Networks Ltd. : May 1, 2017
finance.yahoo.com - May 1 at 4:28 PM
americanbankingnews.com logoCeragon Networks (CRNT) Receives Coverage Optimism Score of 0.02
www.americanbankingnews.com - April 30 at 4:11 PM
finance.yahoo.com logoCeragon Networks Ltd. :CRNT-US: Earnings Analysis: Q4, 2016 By the Numbers : April 28, 2017
finance.yahoo.com - April 28 at 5:31 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Expected to Announce Quarterly Sales of $74.93 Million
www.americanbankingnews.com - April 26 at 2:22 PM
americanbankingnews.com logoCeragon Networks (CRNT) Earns Daily News Sentiment Rating of 0.06
www.americanbankingnews.com - April 25 at 5:15 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Expected to Post Earnings of -$0.01 Per Share
www.americanbankingnews.com - April 24 at 12:08 PM
americanbankingnews.com logoCeragon Networks (CRNT) Getting Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 20 at 4:24 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 8:36 PM
americanbankingnews.com logoCeragon Networks (CRNT) Receives Coverage Optimism Rating of -0.10
www.americanbankingnews.com - April 16 at 1:01 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Sees Large Decline in Short Interest
www.americanbankingnews.com - April 15 at 11:56 AM
seekingalpha.com logoWhy Did Ceragon Networks File A Shelf Registration Statement? - Seeking Alpha
seekingalpha.com - April 12 at 8:13 AM
fool.com logoWhy Ceragon Networks Ltd. Stock Fell 11% in March
www.fool.com - April 10 at 7:53 PM
finance.yahoo.com logoCeragon Networks Announces Filing of Shelf Registration
finance.yahoo.com - April 7 at 4:28 PM
finance.yahoo.com logoCeragon Networks® First Quarter 2017 Financial Results Scheduled for Release on May 11, 2017
finance.yahoo.com - April 7 at 9:12 AM
prnewswire.com logoTechnical Reports on Communication Equipment Equities -- Acacia Communications ...
www.prnewswire.com - March 16 at 5:52 PM
finance.yahoo.com logoMulticore Technology is now Available for all Deployment Scenarios With Ceragon's IP-20 Platform
finance.yahoo.com - February 22 at 9:50 AM
seekingalpha.com logoCeragon Networks' (CRNT) CEO Ira Palti on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 16 at 4:35 PM
us.rd.yahoo.com logoCeragon Networks Reports Fourth Quarter and Full Year 2016 Financial Results
us.rd.yahoo.com - February 16 at 4:35 PM
us.rd.yahoo.com logo7:05 am Ceragon beats by $0.01, beats on revs
us.rd.yahoo.com - February 16 at 4:35 PM
biz.yahoo.com logoQ4 2016 Ceragon Networks Ltd Earnings Release - Before Market Open
us.rd.yahoo.com - February 16 at 4:35 PM
finance.yahoo.com logoCERAGON NETWORKS LTD Financials
finance.yahoo.com - February 16 at 12:07 PM
finance.yahoo.com logoEdited Transcript of CRNT earnings conference call or presentation 15-Feb-17 2:00pm GMT
finance.yahoo.com - February 16 at 12:07 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: EMCORE, Intevac, MiX Telematics, Ceragon Networks and Hudbay Minerals
finance.yahoo.com - February 7 at 5:36 PM
finance.yahoo.com logoStock Market Roundup Jan. 30: Stocks' Worst Day of 2017
finance.yahoo.com - February 7 at 2:35 AM
nasdaq.com logoCan The Uptrend Continue for Ceragon Networks (CRNT)? - Nasdaq
www.nasdaq.com - January 25 at 10:39 PM
finance.yahoo.com logoCan The Uptrend Continue for Ceragon Networks (CRNT)?
finance.yahoo.com - January 25 at 5:39 PM
thestreet.com logoFirst Week Of CRNT September 15th Options Trading
www.thestreet.com - January 24 at 5:04 PM
finance.yahoo.com logo3 Growth Stocks Under $10 To Buy Now
finance.yahoo.com - January 20 at 5:41 PM

Social

Chart

Ceragon Networks Ltd (CRNT) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff