Ceragon Networks Company Profile (NASDAQ:CRNT)

About Ceragon Networks

Ceragon Networks logoCeragon Networks Ltd. is a provider of wireless backhaul solutions. The Company's solutions enable cellular operators and other wireless service providers to deliver voice and data services, enabling smart-phone applications, such as Internet browsing, social networking applications, image sharing, music and video applications. The Company also provides its solutions for hauling application in other vertical markets, such as public safety, utilities, and oil and gas offshore drilling platforms. Its wireless backhaul solutions use microwave radio technology to transfer large amounts of telecommunication traffic between base stations and small-cells and the core of the service provider's network. It also provides wireless fronthaul solutions that use microwave technology. In addition to providing its solutions, the Company also offers its customers a set of services, including advanced network and radio planning, site survey, installation, maintenance and training, among others.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: CRNT
  • CUSIP:
Key Metrics:
  • Previous Close: $3.73
  • 50 Day Moving Average: $3.62
  • 200 Day Moving Average: $2.72
  • 52-Week Range: $1.08 - $4.23
  • Trailing P/E Ratio: 25.37
  • Foreward P/E Ratio: 14.35
  • P/E Growth: 0.83
  • Market Cap: $290.04M
  • Outstanding Shares: 77,759,000
  • Beta: 1.2
Profitability:
  • Net Margins: 3.23%
  • Return on Equity: 6.93%
  • Return on Assets: 2.98%
Debt:
  • Current Ratio: 1.85%
  • Quick Ratio: 1.45%
Additional Links:
Companies Related to Ceragon Networks:

Analyst Ratings

Consensus Ratings for Ceragon Networks (NASDAQ:CRNT) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $3.00 (19.57% downside)

Analysts' Ratings History for Ceragon Networks (NASDAQ:CRNT)
Show:
DateFirmActionRatingPrice TargetDetails
1/19/2017Jefferies Group LLCBoost Price TargetHold$2.50 -> $3.00View Rating Details
1/17/2017Needham & Company LLCDowngradeBuy -> HoldView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Ceragon Networks (NASDAQ:CRNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
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$0.02$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($0.05)($0.02)$93.94 million$93.70 millionViewN/AView Earnings Details
2/24/2015Q414($0.05)($0.05)$108.96 million$111.20 millionViewN/AView Earnings Details
10/30/2014Q3($0.03)($0.05)$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)($0.25)$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 (NASDAQ:CRNT)
Current Year EPS Consensus Estimate: $0.21 EPS
Next Year EPS Consensus Estimate: $0.26 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20162($0.01)$0.00($0.01)
Q3 20162$0.02$0.03$0.03
Q4 20162$0.04$0.05$0.05
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 (NASDAQ:CRNT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

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

Headlines

Latest Headlines for Ceragon Networks (NASDAQ:CRNT)
DateHeadline
News IconQ1 2017 EPS Estimates for Ceragon Networks Ltd. Reduced by Analyst (CRNT) (NASDAQ:CRNT)
www.lightwaveonline.com - February 22 at 9:50 AM
finance.yahoo.com logoMulticore Technology is now Available for all Deployment Scenarios With Ceragon's IP-20 Platform (NASDAQ:CRNT)
finance.yahoo.com - February 22 at 9:50 AM
News IconFanning the Flames: Increased Volatility Noted on Shares of Ceragon Networks Ltd. (NASDAQ:CRNT) - Aiken Advocate (NASDAQ:CRNT)
aikenadvocate.com - February 21 at 5:07 PM
News IconSignal Watch: Checking the Numbers for Ceragon Networks Ltd (CRNT) - Davidson Register (NASDAQ:CRNT)
davidsonregister.com - February 21 at 5:07 PM
seekingalpha.com logoCeragon Networks' (CRNT) CEO Ira Palti on Q4 2016 Results - Earnings Call Transcript (NASDAQ:CRNT)
seekingalpha.com - February 16 at 4:35 PM
us.rd.yahoo.com logoCeragon Networks Reports Fourth Quarter and Full Year 2016 Financial Results (NASDAQ:CRNT)
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 (NASDAQ:CRNT)
us.rd.yahoo.com - February 16 at 4:35 PM
biz.yahoo.com logoQ4 2016 Ceragon Networks Ltd Earnings Release - Before Market Open (NASDAQ:CRNT)
us.rd.yahoo.com - February 16 at 4:35 PM
News IconNews Impact Score Of Ceragon Networks Ltd. (NASDAQ:CRNT) At 87 - Stock Observer (NASDAQ:CRNT)
www.thestockobserver.com - February 16 at 12:07 PM
News IconIs Ceragon Networks Ltd (CRNT) As Financially Strong As Its Low Debt-Load Indicates? - Simply Wall St (NASDAQ:CRNT)
simplywall.st - February 16 at 12:07 PM
sg.finance.yahoo.com logoCeragon posts 4Q profit (NASDAQ:CRNT)
sg.finance.yahoo.com - February 16 at 12:07 PM
finance.yahoo.com logoCERAGON NETWORKS LTD Financials (NASDAQ:CRNT)
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 (NASDAQ:CRNT)
finance.yahoo.com - February 16 at 12:07 PM
News IconShares Holding Above Moving Averages: Ceragon Networks Ltd. (NASDAQ:CRNT) - Winfield Review (NASDAQ:CRNT)
winfieldreview.com - February 14 at 5:22 PM
News IconStock Focus: Checking Levels on Ceragon Networks Ltd. (CRNT) - BVN (NASDAQ:CRNT)
bvnewsjournal.com - February 14 at 5:22 PM
News IconForward Earnings Estimate of Ceragon Networks Ltd.(CRNT) - Highland Mirror (NASDAQ:CRNT)
www.highlandmirror.com - February 11 at 9:34 PM
News IconBrokerages Anticipate Ceragon Networks Ltd. (CRNT) to Post $0.05 Earnings Per Share (NASDAQ:CRNT)
www.lightwaveonline.com - February 11 at 4:34 PM
News IconCeragon Networks Ltd. (NASDAQ:CRNT) Mean Price Target At $2.75 - Transcript Daily (NASDAQ:CRNT)
transcriptdaily.com - February 8 at 3:38 AM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: EMCORE, Intevac, MiX Telematics, Ceragon Networks and Hudbay Minerals (NASDAQ:CRNT)
finance.yahoo.com - February 7 at 5:36 PM
finance.yahoo.com logoStock Market Roundup Jan. 30: Stocks' Worst Day of 2017 (NASDAQ:CRNT)
finance.yahoo.com - February 7 at 2:35 AM
realistinvestor.com logoCeragon Networks Ltd. (NASDAQ:CRNT) Analysts Rating At 3 - RealistInvestor.com (NASDAQ:CRNT)
www.realistinvestor.com - February 6 at 4:34 PM
News IconCeragon Networks Ltd. (NASDAQ:CRNT) EPS Estimate At $0.07 - Transcript Daily (NASDAQ:CRNT)
transcriptdaily.com - February 4 at 9:34 PM
News IconCeragon Networks Ltd. (NASDAQ:CRNT) Quarterly EPS Projection At $0.05 - Stock Observer (NASDAQ:CRNT)
www.thestockobserver.com - February 4 at 4:33 PM
News IconCeragon Networks Ltd. (NASDAQ:CRNT) Target Price At $2.75 - Transcript Daily (NASDAQ:CRNT)
transcriptdaily.com - February 3 at 2:55 AM
News IconEarnings Analysis & Update for Ceragon Networks Ltd. (NASDAQ:CRNT)? - Aiken Advocate (NASDAQ:CRNT)
aikenadvocate.com - January 27 at 5:58 PM
News IconEPS Forecast Of Ceragon Networks Ltd. (NASDAQ:CRNT) Set At $0.07 - Transcript Daily (NASDAQ:CRNT)
transcriptdaily.com - January 27 at 5:58 PM
News IconNews Impact Score Of Ceragon Networks Ltd. (NASDAQ:CRNT) At ... - Stock Observer (NASDAQ:CRNT)
www.thestockobserver.com - January 26 at 5:38 PM
nasdaq.com logoCan The Uptrend Continue for Ceragon Networks (CRNT)? - Nasdaq (NASDAQ:CRNT)
www.nasdaq.com - January 25 at 10:39 PM
finance.yahoo.com logoCan The Uptrend Continue for Ceragon Networks (CRNT)? (NASDAQ:CRNT)
finance.yahoo.com - January 25 at 5:39 PM
News IconCeragon Networks Ltd. (NASDAQ:CRNT) Long-Term Growth ... - Transcript Daily (NASDAQ:CRNT)
transcriptdaily.com - January 25 at 3:06 AM
News IconTrading Radar: Zooming in on Shares of Ceragon Networks Ltd. (CRNT) - Sherwood Daily (NASDAQ:CRNT)
sherwooddaily.com - January 25 at 3:06 AM
News IconVolatility Spiking as Shares Ride the Wave: Ceragon Networks Ltd. (NASDAQ:CRNT) - Wall Street Beacon (NASDAQ:CRNT)
wsbeacon.com - January 25 at 3:06 AM
thestreet.com logoFirst Week Of CRNT September 15th Options Trading (NASDAQ:CRNT)
www.thestreet.com - January 24 at 5:04 PM
News IconStock Backsliding Ahead of the Bell: Ceragon Networks Ltd. (NASDAQ:CRNT) - Aiken Advocate (NASDAQ:CRNT)
aikenadvocate.com - January 24 at 2:53 AM
News IconCeragon gets USD 60m in orders for IP-20 platform (NASDAQ:CRNT)
www.financial-news.co.uk - January 23 at 4:50 PM
News IconChart Trading: Viewing CCI and ADX Levels for Ceragon Networks Ltd. (CRNT) - Sherwood Daily (NASDAQ:CRNT)
sherwooddaily.com - January 23 at 6:34 AM
News IconEPS Of Ceragon Networks Ltd. (NASDAQ:CRNT) At $0.05 - Stock Observer (NASDAQ:CRNT)
www.thestockobserver.com - January 21 at 9:33 PM
News IconBrokers Issue New Targets On Ceragon Networks Ltd. (NASDAQ:CRNT) (NASDAQ:CRNT)
flapship.com - January 21 at 4:33 PM
News IconLooking Ahead for Ceragon Networks Ltd. (NASDAQ:CRNT); Are These Shares Ready to Go Higher? - Aiken Advocate (NASDAQ:CRNT)
aikenadvocate.com - January 21 at 3:44 AM
4-traders.com logoCeragon : Research Reports Initiation on Communication Equipment Stocks -- DragonWave, Impinj, Harmonic, and Ceragon Networks (NASDAQ:CRNT)
www.4-traders.com - January 20 at 5:41 PM
finance.yahoo.com logo3 Growth Stocks Under $10 To Buy Now (NASDAQ:CRNT)
finance.yahoo.com - January 20 at 5:41 PM
News IconThe Ceragon Networks Ltd (NASDAQ:CRNT)
larampadinapoli.com - January 19 at 10:47 PM
News IconCeragon Networks Ltd. (NASDAQ:CRNT) Under Analyst Spotlight (NASDAQ:CRNT)
lasignare.com - January 19 at 10:47 PM
News IconTrading Lines in Focus for Ceragon Networks Ltd. (CRNT) - Rives Journal (NASDAQ:CRNT)
rivesjournal.com - January 19 at 5:46 PM
News IconMoving Averages in Focus on Shares of Ceragon Networks Ltd. (CRNT) - Sherwood Daily (NASDAQ:CRNT)
sherwooddaily.com - January 19 at 5:46 PM
capitalcube.com logoETFs with exposure to Ceragon Networks Ltd. : January 19, 2017 (NASDAQ:CRNT)
www.capitalcube.com - January 19 at 5:46 PM
4-traders.com logoCeragon ups guidance on $60m Indian deal (NASDAQ:CRNT)
www.4-traders.com - January 18 at 4:49 PM
streetinsider.com logoCeragon Networks (CRNT) Announces Receipt of $60M in Orders for IP-20 Platform from Tier 1 Mobile Operator (NASDAQ:CRNT)
www.streetinsider.com - January 18 at 4:49 PM
finance.yahoo.com logoCeragon Receives Over $60 Million in Orders for its IP-20 Platform from Tier 1 Mobile Operator in India to Support Rapid 4G Network Expansion (NASDAQ:CRNT)
finance.yahoo.com - January 18 at 4:49 PM
finance.yahoo.com logo7:01 am Ceragon announces over $60 mln in new orders so far in 2017; increases prelim revs expectation in the first half of 2017 to $25 mln from $20 mln (NASDAQ:CRNT)
finance.yahoo.com - January 18 at 4:49 PM

Social

What is Ceragon Networks' stock symbol?

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

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

2 equities research analysts have issued 12-month price targets for Ceragon Networks' shares. Their predictions range from $3.00 to $3.00. On average, they anticipate Ceragon Networks' share price to reach $3.00 in the next twelve months.

When will Ceragon Networks announce their earnings?

Ceragon Networks is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

What are analysts saying about Ceragon Networks stock?

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

  • 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. " (1/20/2017)

  • 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)
  • 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)

Who owns Ceragon Networks stock?

Ceragon Networks' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.01%), Perritt Capital Management Inc. (1.65%), Renaissance Group LLC (0.18%), Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.16%), Oxford Asset Management (0.13%) and O Shaughnessy Asset Management LLC (0.13%).

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

Ceragon Networks' stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Oxford Asset Management, Russell Investments Group Ltd., Renaissance Group LLC, O Shaughnessy Asset Management LLC and State Street Corp.

How do I buy Ceragon Networks stock?

Shares of Ceragon Networks 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 stock cost?

One share of Ceragon Networks stock can currently be purchased for approximately $3.73.

Ceragon Networks (NASDAQ:CRNT) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Ceragon Networks (NASDAQ:CRNT)

Earnings History Chart

Earnings by Quarter for Ceragon Networks (NASDAQ:CRNT)

Dividend History Chart

Dividend Payments by Quarter for Ceragon Networks (NASDAQ:CRNT)

Last Updated on 2/24/2017 by MarketBeat.com Staff