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 and millimeter wave technology to transfer telecommunication traffic between base stations, small sells, and the core of the service provider's network.
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Industry, Sector and Symbol
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Phone972-3543-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$343.87 million
Profitability
Miscellaneous
Employees958
Next Earnings Date11/4/2019 (Estimated)
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) released its earnings results on Monday, August, 12th. The communications equipment provider reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.01. The communications equipment provider had revenue of $73 million for the quarter, compared to analysts' expectations of $72.62 million. Ceragon Networks had a return on equity of 8.33% and a net margin of 6.14%. View Ceragon Networks' Earnings History.
When is Ceragon Networks' next earnings date?
What price target have analysts set for CRNT?
5 equities research analysts have issued 1 year price targets for Ceragon Networks' stock. Their predictions range from $4.00 to $4.50. On average, they anticipate Ceragon Networks' stock price to reach $4.25 in the next twelve months. This suggests a possible upside of 54.0% 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 1 hold rating and 4 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 negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ceragon Networks earned a daily sentiment score of -2.9 on InfoTrie's scale. They also assigned news headlines about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Ceragon Networks.
Are investors shorting Ceragon Networks?
Ceragon Networks saw a increase in short interest in the month of August. As of August 15th, there was short interest totalling 4,269,600 shares, an increase of 29.2% from the July 15th total of 3,305,700 shares. Based on an average daily trading volume, of 526,600 shares, the days-to-cover ratio is presently 8.1 days. Currently, 7.0% of the company's stock are short sold. View Ceragon Networks' Current Options Chain.
Who are some of Ceragon Networks' key competitors?
Some companies that are related to Ceragon Networks include Comtech Telecomm. (CMTL), Harmonic (HLIT), Casa Systems (CASA), Maxar Technologies (MAXR), Gilat Satellite Networks (GILT), Sierra Wireless (SWIR), CalAmp (CAMP), Cambium Networks (CMBM), KVH Industries (KVHI), PC Tel (PCTI), Energous (WATT), Airgain (AIRG), Pointer Telocation (PNTR), SeaChange International (SEAC) and Vuzix (VUZI).
What other stocks do shareholders of Ceragon Networks own?
Who are Ceragon Networks' key executives?
Ceragon Networks' management team includes the folowing people:
- Mr. Ira Palti, Pres, CEO & Director (Age 61)
- Mr. Charles Meyo, Regional Pres of North America (Age 55)
- Mr. Amit Ancikovsky, Regional Pres of Latin America & Africa (Age 48)
- Mr. Doron Arazi, Deputy Chief Exec. Officer (Age 55)
- Mr. Flavio Perrucchetti, Regional Pres of Europe (Age 51)
Who are Ceragon Networks' major shareholders?
Ceragon Networks' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (5.46%), Acadian Asset Management LLC (3.31%), First Wilshire Securities Management Inc. (1.85%), Ibex Investors LLC (1.12%), Perritt Capital Management Inc. (0.72%) and Systematic Financial Management LP (0.23%).
Which institutional investors are selling Ceragon Networks stock?
CRNT stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Ibex Investors LLC, Systematic Financial Management LP, GSA Capital Partners LLP, Morgan Stanley, Russell Investments Group Ltd., Harvest Management LLC and Coastal Investment Advisors Inc..
Which institutional investors are buying Ceragon Networks stock?
CRNT stock was bought by a variety of institutional investors in the last quarter, including First Wilshire Securities Management Inc., Nomura Holdings Inc., Nomura Holdings Inc., Menta Capital LLC, Renaissance Technologies LLC, BlackRock Inc., ETF Managers Group LLC and Bluestein R H & Co..
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, Robinhood, Fidelity and Charles Schwab.
What is Ceragon Networks' stock price today?
One share of CRNT stock can currently be purchased for approximately $2.76.
How big of a company is Ceragon Networks?
Ceragon Networks has a market capitalization of $221.43 million and generates $343.87 million in revenue each year. The communications equipment provider earns $23.05 million in net income (profit) each year or $0.20 on an earnings per share basis. Ceragon Networks employs 958 workers across the globe.View Additional Information About Ceragon Networks.
What is Ceragon Networks' official website?
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)
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.
