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

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$3.80 -0.04 (-1.04 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$3.84
Today's Range$3.75 - $3.99
52-Week Range$1.64 - $4.15
Volume472,109 shs
Average Volume620,135 shs
Market Capitalization$300.84 million
P/E Ratio21.11
Dividend YieldN/A
Beta0.75
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

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 Ratio21.11
Forward P/E Ratio27.14
P/E GrowthN/A

Sales & Book Value

Annual Sales$332.03 million
Price / Sales0.89
Cash Flow$0.3004 per share
Price / Cash12.65
Book Value$1.72 per share
Price / Book2.21

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

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 earnings results on Monday, May, 7th. The communications equipment provider reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. The communications equipment provider earned $83.28 million during the quarter, compared to the consensus estimate of $79.75 million. Ceragon Networks had a return on equity of 12.82% and a net margin of 5.23%. 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 1-year target prices for Ceragon Networks' shares. Their forecasts range from $2.50 to $2.50. On average, they anticipate Ceragon Networks' stock price to reach $2.50 in the next twelve months. View Analyst Ratings for Ceragon Networks.

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, CEO & Pres (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?

Media headlines about CRNT stock have been trending positive this week, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ceragon Networks earned a news impact score of 0.44 on Accern's scale. They also assigned media coverage about the communications equipment provider an impact score of 47.78 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are Ceragon Networks' major shareholders?

Ceragon Networks' stock is owned by a number of of retail and institutional investors. Top institutional investors include Millennium Management LLC (1.27%), Algert Global LLC (1.03%), First Wilshire Securities Management Inc. (1.00%), JPMorgan Chase & Co. (0.22%), California Public Employees Retirement System (0.21%) and State of New Jersey Common Pension Fund D (0.12%). View Institutional Ownership Trends for Ceragon Networks.

Which major investors are buying Ceragon Networks stock?

CRNT stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Algert Global LLC, California Public Employees Retirement System, First Wilshire Securities Management Inc., Barclays PLC, Engineers Gate Manager LP, Compagnie Lombard Odier SCmA and Claraphi Advisory Network LLC. View Insider Buying and Selling for Ceragon Networks.

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 $3.80.

How big of a company is Ceragon Networks?

Ceragon Networks has a market capitalization of $300.84 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 (CRNT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  206 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  440
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 6/20/2018 by MarketBeat.com Staff

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