Ceragon Networks Company Profile (NASDAQ:CRNT)

About Ceragon Networks (NASDAQ:CRNT)

Ceragon Networks logoCeragon Networks Ltd. offers wireless backhaul solutions. The Company's products include FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform and Network Management. The Company provides its services to wireless service providers, public safety organizations, government agencies and utility companies, among others. Its solutions are deployed by over 460 service providers, as well as a range of private network owners, in over 130 countries. The Company's FibeAir IP-20 platform offers flexibility in choosing all-outdoor, split-mount and all-indoor configurations to suit any deployment scenario. The FibeAir IP-20 platform includes product categories, such as shorthaul-access and shorthaul-aggregation. The FibeAir IP-20 Assured platform includes product categories, such as shorthaul-access, shorthaul-aggregation, small cells, longhaul and enterprise access. Its NetMaster is a Network Management System (NMS), which is designed for managing large-scale wireless backhaul networks.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Network Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CRNT
  • CUSIP: N/A
  • Web: www.ceragon.com
Capitalization:
  • Market Cap: $200.82 million
  • Outstanding Shares: 77,796,000
Average Prices:
  • 50 Day Moving Avg: $2.63
  • 200 Day Moving Avg: $3.20
  • 52 Week Range: $1.89 - $4.23
P/E:
  • Trailing P/E Ratio: 16.89
  • Foreward P/E Ratio: 9.81
  • P/E Growth: 0.63
Sales & Book Value:
  • Annual Revenue: $309.83 million
  • Price / Sales: 0.64
  • Book Value: $1.52 per share
  • Price / Book: 1.68
Profitability:
  • EBIDTA: $28.37 million
  • Net Margins: 3.79%
  • Return on Equity: 10.27%
  • Return on Assets: 4.77%
Debt:
  • Current Ratio: 1.91%
  • Quick Ratio: 1.44%
Misc:
  • Average Volume: 308,911 shs.
  • Beta: 1.15
  • Short Ratio: 2.31
 
Frequently Asked Questions for Ceragon Networks (NASDAQ:CRNT)

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 Thursday, May, 11th. The company reported $0.01 EPS for the quarter, meeting analysts' consensus estimates of $0.01. The firm had revenue of $76.02 million for the quarter, compared to analysts' expectations of $74.09 million. Ceragon Networks had a return on equity of 10.27% and a net margin of 3.79%. The company's quarterly revenue was up 27.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.10 earnings per share. View Ceragon Networks' Earnings History.

When will Ceragon Networks make its next earnings announcement?

Ceragon Networks is scheduled to release their next quarterly earnings announcement on Wednesday, August, 9th 2017. View Earnings Estimates for Ceragon Networks.

Where is Ceragon Networks' stock going? Where will Ceragon Networks' stock price be in 2017?

3 brokerages have issued 1 year price objectives for Ceragon Networks' stock. Their forecasts range from $3.00 to $3.00. On average, they anticipate Ceragon Networks' share price to reach $3.00 in the next twelve months. View Analyst Ratings for Ceragon Networks.

What are analysts saying about Ceragon Networks stock?

Here are some recent quotes from research analysts about Ceragon Networks stock:

  • 1. According to Zacks Investment Research, "Ceragon Networks Ltd. is a leading provider of high-capacity wireless backhaul solutions for cellular and fixed wireless operators, enterprises and government organizations. Ceragon's modular FibeAir product family is recognized as the gold standard for backhaul transmission and is also one of the top solutions chosen by cellular operators for SONET/SDH rings. A scalable, future-proof solution for wireless transport of broadband services, FibeAir operates across multiple frequencies for IP and SONET/SDH protocols, supporting the emerging needs of next-generation networks that are evolving to all-IP based services, including triple-play. It leads the market in IP backhaul, offering a unique, native IP solution that provides the efficient, robust connectivity required for WiFi, WiMAX and converged networks. " (7/11/2017)
  • 2. Jefferies Group LLC analysts commented, "seasonal dip" in Q1'17. The street estimates $72M for Q1'17, $75M for Q2'17.Analyst James Kisner commented, "CRNT positively pre-announced H1'17 results driven by a surge in orders from a mobile operator in India. Ceragon stated it has increased expectations for gross profit in H1'17, but gross margin is likely to be lower given the margin profile of business in India. CRNT declined to raise CY17 guidance (or provide an update Q4), citing only "increased confidence" that it can be met or exceeded. We're keeping our Hold rating." (1/19/2017)
  • 3. Needham & Company LLC analysts commented, "At 17.4x EV/E on CY17 estimates Ceragon looks fairly valued. The share price up 248% over the last year versus 20% for the S&P 500 has discounted the improved business outlook, improving Gross Margins, and recent contract wins in our opinion. The stock is 18% above our prior price target of $3.00. Ceragon's management expects flat Revenues in CY17 with flat OPEX at recent levels and modestly improving Gross Margins resulting in modest improvements in EPS. We think the expectations have run ahead of these management guidelines." (1/17/2017)

Who are some of Ceragon Networks' key competitors?

Who are Ceragon Networks' key executives?

Ceragon Networks' management team includes the folowing people:

  • Zohar Zisapel, Chairman of the Board
  • Ira Palti, President, Chief Executive Officer
  • Doron Arazi, Chief Financial Officer, Executive Vice President
  • Amit Ancikovsky, Regional President-Latin America & Africa
  • Charles Meyo, Regional President-North America
  • Flavio Perrucchetti, Regional President-Europe
  • Ram Prakash Tripathi, Regional President-APAC
  • Nurit Kruk-Zilca, Executive Vice President - Human Resources
  • Yuval Reina, Executive Vice President - Global Products
  • Oz Zimerman, Executive Vice President-Global Corporate Development

How do I buy Ceragon Networks stock?

Shares of Ceragon Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ceragon Networks' stock price today?

One share of Ceragon Networks stock can currently be purchased for approximately $2.55.


MarketBeat Community Rating for Ceragon Networks (NASDAQ CRNT)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  102 (Vote Outperform)
Underperform Votes:  132 (Vote Underperform)
Total Votes:  234
MarketBeat's community ratings are surveys of what our community members think about Ceragon Networks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ceragon Networks (NASDAQ:CRNT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $3.00 (17.65% upside)

Analysts' Ratings History for Ceragon Networks (NASDAQ:CRNT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/11/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView Rating Details
1/19/2017Jefferies Group LLCBoost Price TargetHold$2.50 -> $3.00N/AView Rating Details
1/17/2017Needham & Company LLCDowngradeBuy -> HoldN/AView Rating Details
(Data available from 7/25/2015 forward)

Earnings

Earnings History for Ceragon Networks (NASDAQ:CRNT)
Earnings by Quarter for Ceragon Networks (NASDAQ:CRNT)
Earnings History by Quarter for Ceragon Networks (NASDAQ CRNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/9/2017        
5/11/20173/31/2017$0.01$0.01$74.09 million$76.02 millionViewN/AView Earnings Details
2/15/2017Q416$0.06$0.07$80.64 million$84.70 millionViewListenView Earnings Details
11/14/2016Q316$0.04$0.06$77.57 million$79.13 millionViewN/AView Earnings Details
8/8/2016Q216($0.01)$0.02$67.59 million$70.00 millionViewN/AView Earnings Details
5/9/2016Q116($0.02)($0.01)$63.55 million$59.80 millionViewN/AView Earnings Details
2/16/2016Q415$0.02$0.03$80.61 million$75.60 millionViewListenView Earnings Details
11/2/2015Q315$0.03$0.04$92.13 million$85.40 millionViewN/AView Earnings Details
8/13/2015Q215$0.04$95.01 million$94.80 millionViewListenView Earnings Details
5/6/2015Q115($0.04)($0.06)$93.94 million$93.70 millionViewN/AView Earnings Details
2/24/2015Q414($0.05)($0.06)$108.96 million$111.20 millionViewN/AView Earnings Details
10/30/2014Q3($0.14)($0.06)$94.97 million$99.00 millionViewN/AView Earnings Details
7/28/2014Q314($0.06)($0.10)$89.33 million$90.10 millionViewN/AView Earnings Details
5/8/2014Q1($0.16)($0.34)$71.80 million$70.50 millionViewListenView Earnings Details
2/13/2014Q4($0.07)($0.09)$90.38 million$89.50 millionViewListenView Earnings Details
11/11/2013Q313($10.00)($0.12)$93.53 million$92.10 millionViewListenView Earnings Details
8/12/2013Q2 2013($0.17)($0.15)$86.24 million$90.10 millionViewListenView Earnings Details
5/6/2013Q113($0.17)($0.16)$94.89 million$90.10 millionViewN/AView Earnings Details
2/14/2013Q412($0.07)$0.06$97.69 million$106.80 millionViewN/AView Earnings Details
10/29/2012Q312$0.11$0.09$121.32 million$118.00 millionViewN/AView Earnings Details
8/6/2012$0.07$0.08ViewN/AView Earnings Details
5/7/2012$0.06$0.05ViewN/AView Earnings Details
2/28/2012$0.06$0.06ViewN/AView Earnings Details
11/7/2011$0.02ViewN/AView Earnings Details
8/8/2011($0.01)($0.04)ViewN/AView Earnings Details
5/16/2011$0.01($0.02)ViewN/AView Earnings Details
1/31/2011$0.15$0.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ceragon Networks (NASDAQ:CRNT)
2017 EPS Consensus Estimate: $0.15
2018 EPS Consensus Estimate: $0.26
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.01)($0.01)($0.01)
Q2 20171$0.10$0.10$0.10
Q3 20171$0.03$0.03$0.03
Q4 20171$0.03$0.03$0.03
Q1 20181$0.02$0.02$0.02
Q2 20181$0.06$0.06$0.06
Q3 20181$0.08$0.08$0.08
Q4 20181$0.10$0.10$0.10
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Ceragon Networks (NASDAQ:CRNT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Ceragon Networks (NASDAQ:CRNT)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Ceragon Networks (NASDAQ:CRNT)
Latest Headlines for Ceragon Networks (NASDAQ:CRNT)
Source:
DateHeadline
americanbankingnews.com logoHead to Head Contrast: Ceragon Networks (CRNT) & Aviat Networks (AVNW)
www.americanbankingnews.com - July 19 at 8:38 AM
americanbankingnews.com logoCeragon Networks (NASDAQ:CRNT) & Silicom (SILC) Head-To-Head Review
www.americanbankingnews.com - July 18 at 3:11 PM
americanbankingnews.com logo Ceragon Networks Ltd. (CRNT) Receives Consensus Rating of "" from Brokerages
www.americanbankingnews.com - July 17 at 10:49 AM
nasdaq.com logoCeragon Networks (CRNT) Worth a Look: Stock Rises 12.6% - Nasdaq
www.nasdaq.com - July 13 at 11:45 PM
finance.yahoo.com logoCeragon Networks (CRNT) Worth a Look: Stock Rises 12.6%
finance.yahoo.com - July 13 at 6:44 PM
finance.yahoo.com logoCeragon Networks Ltd.: Price momentum supported by strong fundamentals
finance.yahoo.com - July 13 at 6:44 PM
streetinsider.com logoForm 6-K CERAGON NETWORKS LTD For: Jul 12
www.streetinsider.com - July 12 at 11:19 PM
streetinsider.com logoCeragon Networks (CRNT) Says Tier 1 Multi-service Operator in ... - StreetInsider.com
www.streetinsider.com - July 12 at 6:17 PM
finance.yahoo.com logoTier 1 Multi-service Operator in India Has Placed Orders Totaling Over $13 Million for Ceragon's IP-20 Platform and Services
finance.yahoo.com - July 12 at 6:17 PM
americanbankingnews.com logoCeragon Networks Ltd. (CRNT) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - July 11 at 9:04 PM
prnewswire.com logoCeragon Networks® Second Quarter 2017 Financial Results ... - PR Newswire (press release)
www.prnewswire.com - July 8 at 5:12 PM
americanbankingnews.com logoCeragon Networks Ltd. (CRNT) Expected to Post Quarterly Sales of $88.77 Million
www.americanbankingnews.com - July 7 at 4:28 PM
finance.yahoo.com logoCeragon Networks® Second Quarter 2017 Financial Results Scheduled for Release on August 7, 2017
finance.yahoo.com - July 6 at 6:46 PM
americanbankingnews.com logo Analysts Expect Ceragon Networks Ltd. (CRNT) Will Announce Earnings of $0.06 Per Share
www.americanbankingnews.com - July 5 at 9:38 AM
streetinsider.com logoCeragon Networks (CRNT) Secures &7M in New Orders for IP-20 Platform from Tier 1 South Cone Operator - StreetInsider.com
www.streetinsider.com - June 28 at 10:26 PM
streetinsider.com logoForm 6-K CERAGON NETWORKS LTD For: Jun 28
www.streetinsider.com - June 28 at 5:25 PM
finance.yahoo.com logoCeragon Receives New Orders From a Tier 1 South Cone Operator
finance.yahoo.com - June 28 at 5:25 PM
americanbankingnews.com logoHead to Head Survey: Silicom (SILC) and Ceragon Networks (CRNT)
www.americanbankingnews.com - June 25 at 8:18 AM
americanbankingnews.com logoHead-To-Head Contrast: Juniper Networks (JNPR) versus Ceragon Networks (CRNT)
www.americanbankingnews.com - June 23 at 8:36 PM
americanbankingnews.com logo$88.77 Million in Sales Expected for Ceragon Networks Ltd (CRNT) This Quarter
www.americanbankingnews.com - June 10 at 7:34 AM
americanbankingnews.com logoZacks: Analysts Anticipate Ceragon Networks Ltd (CRNT) Will Post Earnings of $0.06 Per Share
www.americanbankingnews.com - June 9 at 12:06 AM
fool.com logoHow Ceragon Networks Ltd. Fell 11.7% in May
www.fool.com - June 7 at 10:11 AM
finance.yahoo.com logoETFs with exposure to Ceragon Networks Ltd. : June 2, 2017
finance.yahoo.com - June 2 at 5:59 PM
nasdaq.com logoWhy Ceragon (CRNT) Might Be a Diamond in the Rough - Nasdaq
www.nasdaq.com - May 25 at 6:07 PM
finance.yahoo.com logoWhy Ceragon (CRNT) Might Be a Diamond in the Rough
finance.yahoo.com - May 25 at 6:07 PM
finance.yahoo.com logoETFs with exposure to Ceragon Networks Ltd. : May 22, 2017
finance.yahoo.com - May 22 at 4:21 PM
finance.yahoo.com logoCeragon Networks Ltd. :CRNT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017
finance.yahoo.com - May 17 at 11:27 AM
americanbankingnews.com logo Brokerages Anticipate Ceragon Networks Ltd (CRNT) Will Announce Quarterly Sales of $98.53 Million
www.americanbankingnews.com - May 14 at 8:47 AM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Earns Hold Rating from Oppenheimer Holdings Inc.
www.americanbankingnews.com - May 13 at 6:58 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Sees Significant Growth in Short Interest
www.americanbankingnews.com - May 13 at 7:04 AM
reuters.com logoBRIEF-Ceragon Networks reports first quarter 2017 financial results
www.reuters.com - May 12 at 10:03 PM
streetinsider.com logoCeragon Networks (CRNT) Reports Q1 EPS of $0.00
www.streetinsider.com - May 12 at 10:03 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Expected to Announce Earnings of $0.10 Per Share
www.americanbankingnews.com - May 12 at 8:28 PM
seekingalpha.com logoCeragon Networks' (CRNT) CEO Ira Palti on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 11 at 10:11 PM
finance.yahoo.com logoEdited Transcript of CRNT earnings conference call or presentation 11-May-17 1:00pm GMT
finance.yahoo.com - May 11 at 10:11 PM
finance.yahoo.com logoCeragon Networks Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 11 at 5:09 PM
finance.yahoo.com logoCeragon posts 1Q loss
finance.yahoo.com - May 11 at 5:09 PM
finance.yahoo.com logoETFs with exposure to Ceragon Networks Ltd. : May 11, 2017
finance.yahoo.com - May 11 at 5:09 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Issues Earnings Results
www.americanbankingnews.com - May 11 at 3:00 PM
americanbankingnews.com logoCeragon Networks (CRNT) Given Daily News Impact Score of 0.69
www.americanbankingnews.com - May 3 at 11:44 AM
finance.yahoo.com logoETFs with exposure to Ceragon Networks Ltd. : May 1, 2017
finance.yahoo.com - May 1 at 4:28 PM
americanbankingnews.com logoCeragon Networks (CRNT) Receives Coverage Optimism Score of 0.02
www.americanbankingnews.com - April 30 at 4:11 PM
finance.yahoo.com logoCeragon Networks Ltd. :CRNT-US: Earnings Analysis: Q4, 2016 By the Numbers : April 28, 2017
finance.yahoo.com - April 28 at 5:31 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Expected to Announce Quarterly Sales of $74.93 Million
www.americanbankingnews.com - April 26 at 2:22 PM
americanbankingnews.com logoCeragon Networks (CRNT) Earns Daily News Sentiment Rating of 0.06
www.americanbankingnews.com - April 25 at 5:15 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Expected to Post Earnings of -$0.01 Per Share
www.americanbankingnews.com - April 24 at 12:08 PM
americanbankingnews.com logoCeragon Networks (CRNT) Getting Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 20 at 4:24 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 8:36 PM
americanbankingnews.com logoCeragon Networks (CRNT) Receives Coverage Optimism Rating of -0.10
www.americanbankingnews.com - April 16 at 1:01 PM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Sees Large Decline in Short Interest
www.americanbankingnews.com - April 15 at 11:56 AM

Social

Chart

Ceragon Networks (CRNT) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff