Ceragon 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: Network Equipment
- Sub-Industry: N/A
- Symbol: NASDAQ:CRNT
- CUSIP: N/A
- Web: www.ceragon.com
- Market Cap: $154.12 million
- Outstanding Shares: 77,891,000
- 50 Day Moving Avg: $2.12
- 200 Day Moving Avg: $2.78
- 52 Week Range: $1.90 - $4.23
Sales & Book Value:
- Trailing P/E Ratio: 8.92
- Foreward P/E Ratio: 9.05
- P/E Growth: 0.48
- Annual Revenue: $333.15 million
- Price / Sales: 0.44
- Book Value: $1.59 per share
- Price / Book: 1.19
- EBIDTA: $31.87 million
- Net Margins: 5.00%
- Return on Equity: 13.52%
- Return on Assets: 6.34%
- Current Ratio: 1.85%
- Quick Ratio: 1.38%
- Average Volume: 345,580 shs.
- Beta: 1.19
- Short Ratio: 2.35
Frequently Asked Questions for Ceragon Networks (NASDAQ:CRNT)
What is Ceragon Networks' stock symbol?
Ceragon Networks trades on the NASDAQ under the ticker symbol "CRNT."
How were Ceragon Networks' earnings last quarter?
Ceragon Networks Ltd. (NASDAQ:CRNT) announced its earnings results on Monday, August, 7th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The company had revenue of $93.30 million for the quarter, compared to the consensus estimate of $87.84 million. Ceragon Networks had a net margin of 5.00% and a return on equity of 13.52%. The company's revenue was up 33.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.02 EPS. View Ceragon Networks' Earnings History.
When will Ceragon Networks make its next earnings announcement?
Where is Ceragon Networks' stock going? Where will Ceragon Networks' stock price be in 2017?
3 brokerages have issued 1 year price objectives for Ceragon Networks' shares. Their forecasts range from $3.00 to $3.00. On average, they expect Ceragon Networks' share price to reach $3.00 in the next year. View Analyst Ratings for Ceragon Networks.
What are analysts saying about Ceragon Networks stock?
Here are some recent quotes from research analysts about Ceragon Networks 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. " (8/10/2017)
- 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)
Who are some of Ceragon Networks' key competitors?
Some companies that are related to Ceragon Networks include ChannelAdvisor Corporation (ECOM), Cogint (COGT), Telenav (TNAV), Yatra Online (YTRA), DSP Group (DSPG), Sequans Communications S.A. (SQNS), Vishay Precision Group (VPG), Global Eagle Entertainment (ENT), USA Technologies (USAT), Zix Corporation (ZIXI), MeetMe (MEET), MobileIron (MOBL), NeoPhotonics Corporation (NPTN), Digi International (DGII), Simulations Plus (SLP), Exa Corporation (EXA), Calix (CALX) and Radcom (RDCM).
Who are Ceragon Networks' key executives?
Ceragon Networks' management team includes the folowing people:
- Zohar Zisapel, Chairman of the Board
- Ira Palti, President, Chief Executive Officer
- Doron Arazi, Chief Financial Officer, Executive Vice President
- Amit Ancikovsky, Regional President-Latin America & Africa
- Charles Meyo, Regional President-North America
- Flavio Perrucchetti, Regional President-Europe
- Ram Prakash Tripathi, Regional President-APAC
- Nurit Kruk-Zilca, Executive Vice President - Human Resources
- Yuval Reina, Executive Vice President - Global Products
- Oz Zimerman, Executive Vice President-Global Corporate Development
Who owns Ceragon Networks stock?
Ceragon Networks' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (3.91%), Migdal Insurance & Financial Holdings Ltd. (3.04%), Vanguard Group Inc. (1.51%), QS Investors LLC (1.09%), Zweig DiMenna Associates LLC (0.69%) and Essex Investment Management Co. LLC (0.67%). View Institutional Ownership Trends for Ceragon Networks.
Who sold Ceragon Networks stock? Who is selling Ceragon Networks stock?
Ceragon Networks' stock was sold by a variety of institutional investors in the last quarter, including QS Investors LLC, Acadian Asset Management LLC, Private Wealth Partners LLC, Systematic Financial Management LP and Goldman Sachs Group Inc.. View Insider Buying and Selling for Ceragon Networks.
Who bought Ceragon Networks stock? Who is buying Ceragon Networks stock?
Ceragon Networks' stock was bought by a variety of institutional investors in the last quarter, including Algert Global LLC, BT Investment Management Ltd, Zweig DiMenna Associates LLC, Menta Capital LLC, Essex Investment Management Co. LLC, Spark Investment Management LLC, Vanguard Group Inc. and Eagle Global Advisors LLC. View Insider Buying and Selling for Ceragon Networks.
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.
What is Ceragon Networks' stock price today?
MarketBeat Community Rating for Ceragon Networks (NASDAQ CRNT)MarketBeat's community ratings are surveys of what our community members think about Ceragon Networks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Ceragon Networks stock can currently be purchased for approximately $1.90.
Consensus Ratings for Ceragon Networks (NASDAQ:CRNT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$3.00 (57.89% upside)|
Analysts' Ratings History for Ceragon Networks (NASDAQ:CRNT)
(Data available from 9/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/8/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Hold||High|
|1/19/2017||Jefferies Group LLC||Boost Price Target||Hold||$2.50 -> $3.00||N/A|
|1/17/2017||Needham & Company LLC||Downgrade||Buy -> Hold||N/A|
Earnings History for Ceragon Networks (NASDAQ:CRNT)Earnings History by Quarter for Ceragon Networks (NASDAQ CRNT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/7/2017||6/30/2017||$0.06||$0.07||$87.84 million||$93.30 million||View||Listen|
|5/11/2017||3/31/2017||$0.01||$0.01||$74.09 million||$76.02 million||View||N/A|
|2/15/2017||Q416||$0.06||$0.07||$80.64 million||$84.70 million||View||Listen|
|11/14/2016||Q316||$0.04||$0.06||$77.57 million||$79.13 million||View||N/A|
|8/8/2016||Q216||($0.01)||$0.02||$67.59 million||$70.00 million||View||N/A|
|5/9/2016||Q116||($0.02)||($0.01)||$63.55 million||$59.80 million||View||N/A|
|2/16/2016||Q415||$0.02||$0.03||$80.61 million||$75.60 million||View||Listen|
|11/2/2015||Q315||$0.03||$0.04||$92.13 million||$85.40 million||View||N/A|
|8/13/2015||Q215||$0.04||$95.01 million||$94.80 million||View||Listen|
|5/6/2015||Q115||($0.04)||($0.06)||$93.94 million||$93.70 million||View||N/A|
|2/24/2015||Q414||($0.05)||($0.06)||$108.96 million||$111.20 million||View||N/A|
|10/30/2014||Q3||($0.14)||($0.06)||$94.97 million||$99.00 million||View||N/A|
|7/28/2014||Q314||($0.06)||($0.10)||$89.33 million||$90.10 million||View||N/A|
|5/8/2014||Q1||($0.16)||($0.34)||$71.80 million||$70.50 million||View||Listen|
|2/13/2014||Q4||($0.07)||($0.09)||$90.38 million||$89.50 million||View||Listen|
|11/11/2013||Q313||($10.00)||($0.12)||$93.53 million||$92.10 million||View||Listen|
|8/12/2013||Q2 2013||($0.17)||($0.15)||$86.24 million||$90.10 million||View||Listen|
|5/6/2013||Q113||($0.17)||($0.16)||$94.89 million||$90.10 million||View||N/A|
|2/14/2013||Q412||($0.07)||$0.06||$97.69 million||$106.80 million||View||N/A|
|10/29/2012||Q312||$0.11||$0.09||$121.32 million||$118.00 million||View||N/A|
Earnings Estimates for Ceragon Networks (NASDAQ:CRNT)
2017 EPS Consensus Estimate: $0.19
2018 EPS Consensus Estimate: $0.20
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Ceragon Networks (NASDAQ:CRNT)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Ceragon Networks (NASDAQ:CRNT)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Ceragon Networks (NASDAQ:CRNT)
Latest Headlines for Ceragon Networks (NASDAQ:CRNT)
|ETFs with exposure to Ceragon Networks Ltd. : September 20, 2017|
finance.yahoo.com - September 20 at 6:18 PM
|Technology Sector Update for 09/11/2017: CRNT,EFII,RTNB - Nasdaq|
www.nasdaq.com - September 11 at 11:11 PM
|Mid-Morning Market Update: Markets Open Higher; Teva Pharmaceutical Names Kaare Schultz As CEO - Nasdaq|
www.nasdaq.com - September 11 at 6:10 PM
|20 Biggest Mid-Day Gainers For Monday - Benzinga|
www.benzinga.com - September 11 at 6:10 PM
|ETFs with exposure to Ceragon Networks Ltd. : September 6, 2017|
finance.yahoo.com - September 6 at 12:07 AM
|$77.68 Million in Sales Expected for Ceragon Networks Ltd. (CRNT) This Quarter|
www.americanbankingnews.com - September 5 at 3:00 AM
|Zacks: Brokerages Expect Ceragon Networks Ltd. (CRNT) Will Announce Earnings of $0.05 Per Share|
www.americanbankingnews.com - September 3 at 10:24 PM
|ValuEngine Lowers Ceragon Networks Ltd. (CRNT) to Hold|
www.americanbankingnews.com - September 3 at 4:32 PM
|Ceragon Networks Ltd. (CRNT) Given Consensus Rating of "Hold" by Analysts|
www.americanbankingnews.com - September 1 at 10:34 PM
|Ceragon Networks Ltd. :CRNT-US: Earnings Analysis: Q2, 2017 By the Numbers : September 1, 2017|
finance.yahoo.com - September 1 at 5:48 PM
|Contrasting Extreme Networks (EXTR) and Ceragon Networks (CRNT)|
www.americanbankingnews.com - August 26 at 12:22 AM
|Critical Survey: Extreme Networks (EXTR) versus Ceragon Networks (CRNT)|
www.americanbankingnews.com - August 19 at 8:28 PM
|Southeast Asia Wireless Service Provider Selects Ceragon to Modernize and Expand its Network|
finance.yahoo.com - August 16 at 5:57 PM
|Ceragon Networks Ltd. (NASDAQ:CRNT) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - August 10 at 7:46 PM
|Jefferies Group Weighs in on Ceragon Networks Ltd.'s Q3 2017 Earnings (NASDAQ:CRNT)|
www.americanbankingnews.com - August 10 at 12:04 PM
|FY2017 EPS Estimates for Ceragon Networks Ltd. (NASDAQ:CRNT) Lowered by Analyst|
www.americanbankingnews.com - August 10 at 9:11 AM
|Ceragon Networks Ltd. (NASDAQ:CRNT) Lifted to Buy at Zacks Investment Research|
www.americanbankingnews.com - August 9 at 7:58 PM
|18 Stocks Moving In Wednesday's Pre-Market Session - Benzinga|
www.benzinga.com - August 9 at 5:43 PM
|Ceragon Networks Ltd. (NASDAQ:CRNT) to Post Q1 2018 Earnings of $0.03 Per Share, Oppenheimer Holdings Forecasts|
www.americanbankingnews.com - August 9 at 12:08 PM
|Ceragon Networks Is Giving Investors A Second Chance - Seeking Alpha|
seekingalpha.com - August 8 at 5:13 PM
|Analyzing Ceragon Networks (NASDAQ:CRNT) and Extreme Networks (EXTR)|
www.americanbankingnews.com - August 8 at 4:30 PM
|Edited Transcript of CRNT earnings conference call or presentation 7-Aug-17 1:00pm GMT|
finance.yahoo.com - August 7 at 10:59 PM
|Ceragon Networks' (CRNT) CEO Ira Palti on Q2 2017 Results - Earnings Call Transcript|
seekingalpha.com - August 7 at 5:57 PM
|Investor Network: Ceragon Networks Ltd to Host Earnings Call|
finance.yahoo.com - August 7 at 5:57 PM
|Ceragon Networks Reports Second Quarter 2017 Financial Results|
finance.yahoo.com - August 7 at 5:57 PM
|ETFs with exposure to Ceragon Networks Ltd. : August 7, 2017|
finance.yahoo.com - August 7 at 5:57 PM
|Ceragon posts 2Q profit|
finance.yahoo.com - August 7 at 5:57 PM
|Ceragon Networks Ltd. (NASDAQ:CRNT) Releases Earnings Results, Beats Estimates By $0.01 EPS|
www.americanbankingnews.com - August 7 at 11:32 AM
|Analyzing Aviat Networks (AVNW) and Ceragon Networks (NASDAQ:CRNT)|
www.americanbankingnews.com - August 3 at 12:14 PM
|Mid-Day Market Update: Dynavax Jumps After FDA Approval For Hepatitis B Vaccine; Navigant Shares Drop - Benzinga|
www.benzinga.com - July 31 at 5:24 PM
|Mid-Morning Market Update: Markets Mostly Higher; Discovery Communications To Acquire Scripps Networks Interactive - Nasdaq|
www.nasdaq.com - July 31 at 5:24 PM
|$88.77 Million in Sales Expected for Ceragon Networks Ltd. (NASDAQ:CRNT) This Quarter|
www.americanbankingnews.com - July 31 at 10:07 AM
|Ceragon Networks Ltd. (NASDAQ:CRNT) to Release Quarterly Earnings on Monday|
www.americanbankingnews.com - July 31 at 7:55 AM
| Analysts Expect Ceragon Networks Ltd. (NASDAQ:CRNT) Will Announce Earnings of $0.06 Per Share|
www.americanbankingnews.com - July 29 at 7:46 AM
|Head to Head Contrast: Ceragon Networks (CRNT) versus Aviat Networks (AVNW)|
www.americanbankingnews.com - July 27 at 11:02 AM
|Head to Head Contrast: Ceragon Networks (CRNT) & Aviat Networks (AVNW)|
www.americanbankingnews.com - July 19 at 8:38 AM
|Ceragon Networks (NASDAQ:CRNT) & Silicom (SILC) Head-To-Head Review|
www.americanbankingnews.com - July 18 at 3:11 PM
| Ceragon Networks Ltd. (CRNT) Receives Consensus Rating of "" from Brokerages|
www.americanbankingnews.com - July 17 at 10:49 AM
|Ceragon Networks (CRNT) Worth a Look: Stock Rises 12.6% - Nasdaq|
www.nasdaq.com - July 13 at 11:45 PM
|Ceragon Networks (CRNT) Worth a Look: Stock Rises 12.6%|
finance.yahoo.com - July 13 at 6:44 PM
|Ceragon Networks Ltd.: Price momentum supported by strong fundamentals|
finance.yahoo.com - July 13 at 6:44 PM
|Form 6-K CERAGON NETWORKS LTD For: Jul 12|
www.streetinsider.com - July 12 at 11:19 PM
|Ceragon Networks (CRNT) Says Tier 1 Multi-service Operator in ... - StreetInsider.com|
www.streetinsider.com - July 12 at 6:17 PM
|Tier 1 Multi-service Operator in India Has Placed Orders Totaling Over $13 Million for Ceragon's IP-20 Platform and Services|
finance.yahoo.com - July 12 at 6:17 PM
|Ceragon Networks Ltd. (CRNT) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - July 11 at 9:04 PM
|Ceragon Networks® Second Quarter 2017 Financial Results ... - PR Newswire (press release)|
www.prnewswire.com - July 8 at 5:12 PM
|Ceragon Networks Ltd. (CRNT) Expected to Post Quarterly Sales of $88.77 Million|
www.americanbankingnews.com - July 7 at 4:28 PM
|Ceragon Networks® Second Quarter 2017 Financial Results Scheduled for Release on August 7, 2017|
finance.yahoo.com - July 6 at 6:46 PM
| Analysts Expect Ceragon Networks Ltd. (CRNT) Will Announce Earnings of $0.06 Per Share|
www.americanbankingnews.com - July 5 at 9:38 AM
|Ceragon Networks (CRNT) Secures &7M in New Orders for IP-20 Platform from Tier 1 South Cone Operator - StreetInsider.com|
www.streetinsider.com - June 28 at 10:26 PM
Ceragon Networks (CRNT) Chart for Friday, September, 22, 2017