NASDAQ:CRNT - Ceragon Networks Stock Price, News, & Analysis

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$2.89 -0.02 (-0.69 %)
(As of 09/25/2018 04:00 PM ET)
Previous Close$2.91
Today's Range$2.88 - $3.04
52-Week Range$1.64 - $4.15
Volume228,263 shs
Average Volume537,221 shs
Market Capitalization$230.51 million
P/E Ratio16.22
Dividend YieldN/A
Beta0.69
Ceragon Networks logoCeragon Networks Ltd. provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services worldwide. Its wireless backhaul solutions use microwave radio technology to transfer telecommunication traffic between base stations, small sells, and the core of the service provider's network. The company also provides wireless fronthaul solutions that use microwave technology for communication between LTE/LTE-advanced base band digital unit stations and remote radio heads. In addition, it offers IP-20 Platform solutions for various short-haul and long-haul applications, including IP-20N/IP-20A, IP-20GX, IP-20F, IP-20G, IP-20C, IP-20C-HP, IP-20S, IP-20E, and IP-20V. Further, the company provides network management system; and network and radio planning, site survey, solutions development, installation, maintenance, training, and other services. Ceragon Networks Ltd. provides its services to smart-phone applications, such as Internet browsing, social networking, image sharing, music, and video applications; oil and gas companies; public safety organizations; business and public institutions; broadcasters; energy utilities; and private communications networks. The company sells its products through direct sales, original equipment manufacturers, resellers, distributors, and system integrators. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was founded in 1996 and is headquartered in Tel Aviv, Israel.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:CRNT
CUSIPN/A
Phone972-3543-1000

Debt

Debt-to-Equity RatioN/A
Current Ratio2.14
Quick Ratio1.66

Price-To-Earnings

Trailing P/E Ratio16.22
Forward P/E Ratio16.06
P/E Growth1.09

Sales & Book Value

Annual Sales$332.03 million
Price / Sales0.68
Cash Flow$0.2979 per share
Price / Cash9.70
Book Value$1.72 per share
Price / Book1.68

Profitability

EPS (Most Recent Fiscal Year)$0.18
Net Income$15.56 million
Net Margins4.79%
Return on Equity10.61%
Return on Assets5.53%

Miscellaneous

Employees905
Outstanding Shares78,140,000
Market Cap$230.51 million

Ceragon Networks (NASDAQ:CRNT) Frequently Asked Questions

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) released its quarterly earnings results on Monday, August, 6th. The communications equipment provider reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.01. The communications equipment provider had revenue of $88.33 million for the quarter, compared to analysts' expectations of $86.61 million. Ceragon Networks had a net margin of 4.79% and a return on equity of 10.61%. View Ceragon Networks' Earnings History.

When is Ceragon Networks' next earnings date?

Ceragon Networks is scheduled to release their next quarterly earnings announcement on Monday, November, 5th 2018. View Earnings Estimates for Ceragon Networks.

What price target have analysts set for CRNT?

3 equities research analysts have issued 12-month target prices for Ceragon Networks' shares. Their forecasts range from $2.50 to $4.40. On average, they expect Ceragon Networks' share price to reach $3.45 in the next year. This suggests a possible upside of 19.4% from the stock's current price. View Analyst Price Targets for Ceragon Networks.

What is the consensus analysts' recommendation for Ceragon Networks?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceragon Networks in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ceragon Networks.

Are investors shorting Ceragon Networks?

Ceragon Networks saw a drop in short interest during the month of August. As of August 15th, there was short interest totalling 341,861 shares, a drop of 39.1% from the July 31st total of 561,654 shares. Based on an average daily volume of 553,794 shares, the short-interest ratio is presently 0.6 days. Approximately 0.6% of the company's shares are short sold. View Ceragon Networks' Current Options Chain.

Who are some of Ceragon Networks' key competitors?

Who are Ceragon Networks' key executives?

Ceragon Networks' management team includes the folowing people:
  • Mr. Ira Palti, Pres, CEO & Director (Age 60)
  • Mr. Doron Arazi, Deputy CEO & CFO (Age 54)
  • Mr. Charles Meyo, Regional Pres of North America (Age 54)
  • Mr. Amit Ancikovsky, Regional Pres of Latin America & Africa (Age 47)
  • Mr. Flavio Perrucchetti, Regional Pres of Europe (Age 50)

Who are Ceragon Networks' major shareholders?

Ceragon Networks' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (3.92%), Renaissance Technologies LLC (3.45%), Millennium Management LLC (1.47%), Algert Global LLC (0.98%), Putnam Investments LLC (0.51%) and Harel Insurance Investments & Financial Services Ltd. (0.49%).

Which major investors are selling Ceragon Networks stock?

CRNT stock was sold by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., ARK Investment Management LLC, Eqis Capital Management Inc., Algert Global LLC and Engineers Gate Manager LP.

Which major investors are buying Ceragon Networks stock?

CRNT stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Putnam Investments LLC, Renaissance Technologies LLC, Millennium Management LLC, BlackRock Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Macquarie Group Ltd. and Jane Street Group LLC.

How do I buy shares of Ceragon Networks?

Shares of CRNT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ceragon Networks' stock price today?

One share of CRNT stock can currently be purchased for approximately $2.89.

How big of a company is Ceragon Networks?

Ceragon Networks has a market capitalization of $230.51 million and generates $332.03 million in revenue each year. The communications equipment provider earns $15.56 million in net income (profit) each year or $0.18 on an earnings per share basis. Ceragon Networks employs 905 workers across the globe.

What is Ceragon Networks' official website?

The official website for Ceragon Networks is http://www.ceragon.com.

How can I contact Ceragon Networks?

Ceragon Networks' mailing address is 24 RAOUL WALLENBERG ST, TEL AVIV L3, 69719. The communications equipment provider can be reached via phone at 972-3543-1000 or via email at [email protected]


MarketBeat Community Rating for Ceragon Networks (NASDAQ CRNT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  280 (Vote Underperform)
Total Votes:  534
MarketBeat's community ratings are surveys of what our community members think about Ceragon Networks and other stocks. Vote "Outperform" if you believe CRNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/25/2018 by MarketBeat.com Staff

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