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

Ceragon Networks trades on the NASDAQ under the ticker symbol "CRNT."

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.

Ceragon Networks is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Ceragon Networks.

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.

Some companies that are related to Ceragon Networks include Loral Space & Communications Ltd. (LORL), CalAmp (CAMP), Comtech Telecomm. (CMTL), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT), Energous (WATT), Harmonic (HLIT), KVH Industries (KVHI), Vuzix (VUZI), PC Tel (PCTI), SeaChange International (SEAC), Pointer Telocation (PNTR), Airgain (AIRG), Aviat Networks (AVNW) and Digital Ally (DGLY).

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.

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.

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.

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.

One share of CRNT stock can currently be purchased for approximately $3.80.

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.

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]