NASDAQ:CRNT - Ceragon Networks Stock Price, Price Target & More

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$3.73 -0.06 (-1.58 %)
(As of 07/19/2018 03:36 PM ET)
Previous Close$3.79
Today's Range$3.72 - $3.82
52-Week Range$1.64 - $4.15
Volume36,234 shs
Average Volume365,380 shs
Market Capitalization$284.43 million
P/E Ratio21.06
Dividend YieldN/A
Beta0.65
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 Ratio2.11
Quick Ratio1.60

Price-To-Earnings

Trailing P/E Ratio21.06
Forward P/E Ratio19.63
P/E Growth1.28

Sales & Book Value

Annual Sales$332.03 million
Price / Sales0.88
Cash Flow$0.3119 per share
Price / Cash11.96
Book Value$1.72 per share
Price / Book2.17

Profitability

EPS (Most Recent Fiscal Year)$0.18
Net Income$15.56 million
Net Margins5.23%
Return on Equity12.82%
Return on Assets6.39%

Miscellaneous

Employees905
Outstanding Shares78,140,000
Market Cap$284.43

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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) issued its quarterly earnings results on Monday, May, 7th. The communications equipment provider reported $0.04 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.01. The communications equipment provider had revenue of $83.28 million for the quarter, compared to analysts' expectations of $79.75 million. Ceragon Networks had a net margin of 5.23% and a return on equity of 12.82%. 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, August, 6th 2018. View Earnings Estimates for Ceragon Networks.

What price target have analysts set for CRNT?

3 equities research analysts have issued 12 month price targets for Ceragon Networks' shares. Their forecasts range from $2.50 to $4.40. On average, they expect Ceragon Networks' stock price to reach $3.45 in the next twelve months. This suggests that the stock has a possible downside of 7.5%. View Analyst Ratings 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."

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)

Has Ceragon Networks been receiving favorable news coverage?

News articles about CRNT stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ceragon Networks earned a media sentiment score of 0.13 on Accern's scale. They also assigned media stories about the communications equipment provider an impact score of 46.67 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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 $3.73.

How big of a company is Ceragon Networks?

Ceragon Networks has a market capitalization of $284.43 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.

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:  221 (Vote Outperform)
Underperform Votes:  246 (Vote Underperform)
Total Votes:  467
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 7/19/2018 by MarketBeat.com Staff

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