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

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$4.39 +0.14 (+3.29 %)
(As of 11/16/2018 06:53 AM ET)
Previous Close$4.25
Today's Range$4.12 - $4.42
52-Week Range$1.68 - $4.95
Volume919,800 shs
Average Volume1.17 million shs
Market Capitalization$363.35 million
P/E Ratio24.47
Dividend YieldN/A
Beta0.73
Ceragon 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
Current SymbolNASDAQ:CRNT
Previous Symbol
CUSIPN/A
Phone972-3543-1000

Debt

Debt-to-Equity RatioN/A
Current Ratio2.14
Quick Ratio1.67

Price-To-Earnings

Trailing P/E Ratio24.47
Forward P/E Ratio24.39
P/E Growth1.72

Sales & Book Value

Annual Sales$332.03 million
Price / Sales1.03
Cash Flow$0.2873 per share
Price / Cash15.28
Book Value$1.86 per share
Price / Book2.36

Profitability

EPS (Most Recent Fiscal Year)$0.18
Net Income$15.56 million
Net Margins5.41%
Return on Equity11.15%
Return on Assets6.13%

Miscellaneous

Employees905
Outstanding Shares78,140,000
Market Cap$363.35 million
OptionableOptionable

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) posted its quarterly earnings data on Monday, November, 5th. The communications equipment provider reported $0.07 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.04 by $0.03. The communications equipment provider earned $86.53 million during the quarter, compared to the consensus estimate of $82.59 million. Ceragon Networks had a return on equity of 11.15% and a net margin of 5.41%. 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, February 11th 2019. View Earnings Estimates for Ceragon Networks.

What price target have analysts set for CRNT?

5 Wall Street analysts have issued twelve-month price targets for Ceragon Networks' stock. Their predictions range from $4.40 to $5.00. On average, they expect Ceragon Networks' stock price to reach $4.6333 in the next twelve months. This suggests a possible upside of 5.5% from the stock's current price. View Analyst Price Targets for Ceragon Networks.

What is the consensus analysts' recommendation for Ceragon Networks?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceragon Networks in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ceragon Networks.

Has Ceragon Networks been receiving favorable news coverage?

News coverage about CRNT stock has been trending neutral on Friday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ceragon Networks earned a news sentiment score of 0.0 on InfoTrie's scale. They also assigned press coverage about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future.

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 institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (4.44%), Acadian Asset Management LLC (4.01%), Ibex Investors LLC (3.90%), Putnam Investments LLC (0.78%), Harel Insurance Investments & Financial Services Ltd. (0.77%) and Algert Global LLC (0.70%).

Which major investors are selling Ceragon Networks stock?

CRNT stock was sold by a variety of institutional investors in the last quarter, including Algert Global LLC, Macquarie Group Ltd., ARK Investment Management LLC and Engineers Gate Manager LP.

Which major investors are buying Ceragon Networks stock?

CRNT stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Harel Insurance Investments & Financial Services Ltd., Putnam Investments LLC, GSA Capital Partners LLP, Acadian Asset Management LLC, Ibex Investors LLC, Panagora Asset Management Inc. and BlackRock Inc..

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 $4.39.

How big of a company is Ceragon Networks?

Ceragon Networks has a market capitalization of $363.35 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:  272 (Vote Outperform)
Underperform Votes:  296 (Vote Underperform)
Total Votes:  568
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 11/16/2018 by MarketBeat.com Staff

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