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

$2.83
-0.10 (-3.41 %)
(As of 09/19/2019 04:00 PM ET)
Today's Range
$2.80
Now: $2.83
$2.9799
50-Day Range
$2.20
MA: $2.54
$3.09
52-Week Range
$2.20
Now: $2.83
$5.04
Volume516,288 shs
Average Volume612,054 shs
Market Capitalization$227.05 million
P/E Ratio14.15
Dividend YieldN/A
Beta1.23
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. Read More…

Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:CRNT
CUSIPN/A
Phone972-3543-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$343.87 million
Cash Flow$0.3279 per share
Book Value$2.04 per share

Profitability

Net Income$23.05 million

Miscellaneous

Employees958
Market Cap$227.05 million
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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) released its quarterly earnings results on Monday, August, 12th. The communications equipment provider reported $0.02 EPS for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.01. The communications equipment provider had revenue of $73 million for the quarter, compared to the consensus estimate 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?

Ceragon Networks is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Ceragon Networks.

What price target have analysts set for CRNT?

5 equities research analysts have issued 1-year price targets for Ceragon Networks' shares. Their predictions range from $4.00 to $4.50. On average, they anticipate Ceragon Networks' stock price to reach $4.25 in the next year. This suggests a possible upside of 50.2% 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?

Media coverage about CRNT stock has trended negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ceragon Networks earned a news impact score of -2.9 on InfoTrie's scale. They also assigned news coverage about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent press 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 trading volume of 526,600 shares, the short-interest ratio is currently 8.1 days. Currently, 7.0% of the company's shares are sold short. View Ceragon Networks' Current Options Chain.

Who are some of Ceragon Networks' key competitors?

What other stocks do shareholders of Ceragon Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ceragon Networks investors own include NVIDIA (NVDA), Nokia Oyj (NOK), Advanced Micro Devices (AMD), Verizon Communications (VZ), Canopy Growth (CGC), Alibaba Group (BABA), Micron Technology (MU), Georgian Mining (GEO), Walt Disney (DIS) and Xilinx (XLNX).

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 number of of institutional and retail investors. Top institutional investors 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 $2.83.

How big of a company is Ceragon Networks?

Ceragon Networks has a market capitalization of $227.05 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?

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:  330 (Vote Outperform)
Underperform Votes:  367 (Vote Underperform)
Total Votes:  697
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 9/19/2019 by MarketBeat.com Staff

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