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

$2.60 -0.05 (-1.89 %)

(As of 04/23/2018 04:00 PM ET)

Previous Close$2.60

Today's Range$2.57 - $2.66

52-Week Range$1.64 - $3.65

Volume241,751 shs

Average Volume562,156 shs

Market Capitalization$207.05 million

P/E Ratio14.44

Dividend YieldN/A

Beta0.64

About Ceragon (NASDAQ:CRNT)

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 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

Webwww.ceragon.com

Phone972-3543-1000

Debt

Debt-to-Equity RatioN/A

Current Ratio2.00%

Quick Ratio1.49%

Price-To-Earnings

Trailing P/E Ratio14.44

Forward P/E Ratio13.00

P/E GrowthN/A

Sales & Book Value

Annual Sales$332.03 million

Price / Sales0.61

Cash Flow$0.2985 per share

Price / Cash8.71

Book Value$1.72 per share

Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)$0.18

Net Income$15.56 million

Net Margins4.69%

Return on Equity11.57%

Return on Assets5.59%

Miscellaneous

Employees903

Outstanding Shares78,130,000

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Ceragon (NASDAQ:CRNT) Frequently Asked Questions

What is Ceragon's stock symbol?

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

How were Ceragon's earnings last quarter?

Ceragon (NASDAQ:CRNT) announced its quarterly earnings results on Monday, February, 12th. The communications equipment provider reported $0.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.04 by $0.01. The communications equipment provider earned $86.70 million during the quarter, compared to analysts' expectations of $75.21 million. Ceragon had a net margin of 4.69% and a return on equity of 11.57%. The company's revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.07 EPS. View Ceragon's Earnings History.

When is Ceragon's next earnings date?

Ceragon is scheduled to release their next quarterly earnings announcement on Monday, May, 7th 2018. View Earnings Estimates for Ceragon.

What price target have analysts set for CRNT?

2 brokers have issued 12-month target prices for Ceragon's shares. Their forecasts range from $2.50 to $2.50. On average, they anticipate Ceragon's share price to reach $2.50 in the next twelve months. View Analyst Ratings for Ceragon.

Who are some of Ceragon's key competitors?

Some companies that are related to Ceragon include Harmonic (HLIT), KVH Industries (KVHI), Vuzix (VUZI), PC-Tel (PCTI), Pointer Telocation (PNTR), SeaChange International (SEAC), Aviat Networks (AVNW), Airgain (AIRG), Digital Ally (DGLY), ParkerVision (PRKR), Hambrecht Asia Acquisition (SGOC), Superconductor Technologies (SCON), Sonic Foundry (SOFO), Studio One Media (AFTM) and Technical Communications (TCCO).

Who are Ceragon's key executives?

Ceragon's management team includes the folowing people:

Mr. Ira Palti, Chief Exec. Officer and Pres (Age 60)
Mr. Doron Arazi, Deputy Chief Exec. Officer and Chief Financial Officer (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 been receiving favorable news coverage?

News stories about CRNT stock have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ceragon earned a news sentiment score of 0.16 on Accern's scale. They also gave news stories about the communications equipment provider an impact score of 45.96 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

How do I buy shares of Ceragon?

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's stock price today?

One share of CRNT stock can currently be purchased for approximately $2.60.

How big of a company is Ceragon?

Ceragon has a market capitalization of $207.05 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 employs 903 workers across the globe.

How can I contact Ceragon?

Ceragon's mailing address is 24 Raoul Wallenberg Street, 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 (CRNT)

Community Ranking:		2.3 out of 5 ( )
Outperform Votes:		189 (Vote Outperform)
Underperform Votes:		219 (Vote Underperform)
Total Votes:		408

MarketBeat's community ratings are surveys of what our community members think about Ceragon 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.

Ceragon (NASDAQ:CRNT) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

2 Wall Street analysts have issued ratings and price targets for Ceragon in the last 12 months. Their average twelve-month price target is $2.50, suggesting that the stock has a possible downside of 3.85%. The high price target for CRNT is $2.50 and the low price target for CRNT is $2.50. There are currently 2 hold ratings for the stock, resulting in a consensus rating of "Hold."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Hold	Hold	Hold	Hold
Consensus Rating Score:	2.00	2.00	2.00	2.00
Ratings Breakdown:	0 Sell Rating(s) 2 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 3 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$2.50	$2.50	$2.50	$2.50
Price Target Upside:	3.85% downside	19.62% upside	20.77% upside	20.77% upside

Ceragon (NASDAQ:CRNT) Consensus Price Target History

Price Target History for Ceragon (NASDAQ:CRNT)

Ceragon (NASDAQ:CRNT) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
2/12/2018	Oppenheimer	Reiterated Rating	Hold		High
10/8/2017	Jefferies Group	Reiterated Rating	Hold	$2.50	N/A
1/17/2017	Needham & Company LLC	Downgrade	Buy -> Hold		N/A

(Data available from 4/23/2016 forward)

Ceragon (NASDAQ:CRNT) Earnings History and Estimates Chart

Earnings by Quarter for Ceragon (NASDAQ:CRNT)

Ceragon (NASDAQ:CRNT) Earnings Estimates

2018 EPS Consensus Estimate: $0.19

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2018	2	$0.02	$0.03	$0.03
Q2 2018	2	$0.05	$0.05	$0.05
Q3 2018	2	$0.05	$0.06	$0.06
Q4 2018	2	$0.05	$0.06	$0.06

Ceragon (NASDAQ CRNT) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/7/2018		$0.03					N/A
2/12/2018	Before Market	$0.04	$0.05	$75.21 million	$86.70 million	View	Listen
11/6/2017	Q3	$0.05	$0.05	$78.22 million	$75.99 million	View	N/A
8/7/2017	6/30/2017	$0.06	$0.07	$87.84 million	$93.30 million	View	Listen
5/11/2017	3/31/2017	$0.01	$0.01	$74.09 million	$76.02 million	View	N/A
2/15/2017	Q416	$0.06	$0.07	$80.64 million	$84.70 million	View	Listen
11/14/2016	Q316	$0.04	$0.06	$77.57 million	$79.13 million	View	N/A
8/8/2016	Q216	($0.01)	$0.02	$67.59 million	$70.00 million	View	N/A
5/9/2016	Q116	($0.02)	($0.01)	$63.55 million	$59.80 million	View	N/A
2/16/2016	Q415	$0.02	$0.03	$80.61 million	$75.60 million	View	Listen
11/2/2015	Q315	$0.03	$0.04	$92.13 million	$85.40 million	View	N/A
8/13/2015	Q215		$0.04	$95.01 million	$94.80 million	View	Listen
5/6/2015	Q115	($0.04)	($0.06)	$93.94 million	$93.70 million	View	N/A
2/24/2015	Q414	($0.05)	($0.06)	$108.96 million	$111.20 million	View	N/A
10/30/2014	Q3	($0.14)	($0.06)	$94.97 million	$99.00 million	View	N/A
7/28/2014	Q314	($0.06)	($0.10)	$89.33 million	$90.10 million	View	N/A
5/8/2014	Q1	($0.16)	($0.34)	$71.80 million	$70.50 million	View	Listen
2/13/2014	Q4	($0.07)	($0.09)	$90.38 million	$89.50 million	View	Listen
11/11/2013	Q313	($10.00)	($0.12)	$93.53 million	$92.10 million	View	Listen
8/12/2013	Q2 2013	($0.17)	($0.15)	$86.24 million	$90.10 million	View	Listen
5/6/2013	Q113	($0.17)	($0.16)	$94.89 million	$90.10 million	View	N/A
2/14/2013	Q412	($0.07)	$0.06	$97.69 million	$106.80 million	View	N/A
10/29/2012	Q312	$0.11	$0.09	$121.32 million	$118.00 million	View	N/A
8/6/2012		$0.07	$0.08			View	N/A
5/7/2012		$0.06	$0.05			View	N/A
2/28/2012		$0.06	$0.06			View	N/A
11/7/2011			$0.02			View	N/A
8/8/2011		($0.01)	($0.04)			View	N/A
5/16/2011		$0.01	($0.02)			View	N/A
1/31/2011		$0.15	$0.17			View	N/A
10/25/2010	Q3 2010	$0.09	$0.13			View	N/A
7/26/2010	Q2 2010	$0.08	$0.13			View	N/A
4/26/2010	Q1 2010	$0.05	$0.08			View	N/A
2/1/2010	Q4 2009	$0.05	$0.06			View	N/A
10/26/2009	Q3 2009	$0.01	$0.03			View	N/A
7/20/2009	Q2 2009	$0.01	$0.01			View	N/A
5/1/2009	Q1 2009	$0.01	$0.01			View	N/A
2/4/2009	Q4 2008	$0.10	$0.07			View	N/A
10/27/2008	Q3 2008	$0.12	$0.09			View	N/A
7/21/2008	Q2 2008	$0.12	$0.11			View	N/A
4/18/2008	Q1 2008	$0.12	$0.11			View	N/A
1/28/2008	Q4 2007	$0.13	$0.12			View	N/A

(Earnings results data provided by Zacks Investment Research)

Ceragon (NASDAQ:CRNT) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Ceragon (NASDAQ CRNT) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 19.00%
Institutional Ownership Percentage: 18.23%

Insider Trading History for Ceragon (NASDAQ:CRNT)

Institutional Ownership by Quarter for Ceragon (NASDAQ:CRNT)

Ceragon (NASDAQ CRNT) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details

(Data available from 1/1/2013 forward)

Ceragon (NASDAQ CRNT) News Headlines

Source:

Date	Headline
	Comparing Ceragon (CRNT) & Its Competitors www.americanbankingnews.com - April 22 at 7:06 PM
	Reviewing Ceragon (CRNT) & Its Peers www.americanbankingnews.com - April 22 at 1:20 PM
	Analyzing Ceragon Networks (CRNT) & Its Competitors www.americanbankingnews.com - April 21 at 5:14 AM
	Zacks Investment Research Downgrades Ceragon Networks (CRNT) to Hold www.americanbankingnews.com - April 16 at 8:40 PM
	Ceragon Networks (CRNT) versus Its Rivals Financial Analysis www.americanbankingnews.com - April 15 at 3:11 AM
	Ceragon Networks (CRNT) Stock Rating Reaffirmed by Oppenheimer www.americanbankingnews.com - April 12 at 9:35 PM
	Ceragon Networks (CRNT) versus The Competition Critical Survey www.americanbankingnews.com - April 12 at 9:51 AM
	Ceragon Networks (CRNT) versus Its Peers Head-To-Head Analysis www.americanbankingnews.com - April 10 at 9:14 PM
	Nokia to Offer Seamless Transition to 5G Services in China www.zacks.com - April 10 at 9:43 AM
	Buy 4 Non-U.S. Wireless Operators for Seamless Returns finance.yahoo.com - April 10 at 9:43 AM
	Ceragon Networks® First Quarter 2018 Financial Results Scheduled for Release On May 7, 2018 www.prnewswire.com - April 9 at 5:54 AM
	Ceragon Networks (CRNT) Upgraded by ValuEngine to Buy www.americanbankingnews.com - April 8 at 12:54 PM
	Critical Survey: Ceragon Networks (CRNT) and The Competition www.americanbankingnews.com - April 7 at 1:27 PM
	Ceragon Networks (CRNT) Upgraded to Buy at Zacks Investment Research www.americanbankingnews.com - April 6 at 8:10 PM
	Ceragon Networks (CRNT) Rating Lowered to Hold at Zacks Investment Research www.americanbankingnews.com - April 5 at 8:30 PM
	Global Cloud RAN (C-RAN) Market Forecasts 2018-2023 - A $997.5 Million Market Opportunity - ResearchAndMarkets ... www.businesswire.com - April 5 at 4:34 PM
	Ceragon Networks (CRNT) Stock Rating Lowered by Zacks Investment Research www.americanbankingnews.com - March 30 at 9:28 PM
	Ceragon Networks (CRNT) Upgraded at Zacks Investment Research www.americanbankingnews.com - March 28 at 10:55 PM
	Tuesday Sector Leaders: Manufacturing, Computers www.nasdaq.com - March 27 at 4:30 PM
	Ceragon Networks (CRNT) and The Competition Head-To-Head Review www.americanbankingnews.com - March 27 at 9:26 AM
	Ceragon Networks (CRNT) Lowered to Hold at Zacks Investment Research www.americanbankingnews.com - March 20 at 9:22 PM
	Ceragon Networks (CRNT) Upgraded to "Buy" at Zacks Investment Research www.americanbankingnews.com - March 16 at 8:20 PM
	Ceragon Speeds Coverage Expansion and Network Densification for Gigabit LTE and 5G finance.yahoo.com - February 22 at 9:08 AM
	Fujitsu and Ceragon Partner to Deliver 5G Ultra-High Capacity Wireless Backhaul Networks to the North American Market finance.yahoo.com - February 21 at 9:21 AM
	Ceragon Networks Ltd (CRNT) to Post Q1 2018 Earnings of $0.03 Per Share, Oppenheimer Forecasts www.americanbankingnews.com - February 14 at 7:12 AM
	Oppenheimer Analysts Boost Earnings Estimates for Ceragon Networks Ltd (CRNT) www.americanbankingnews.com - February 13 at 8:34 AM
	Ceragon Networks (CRNT) Given Hold Rating at Oppenheimer www.americanbankingnews.com - February 12 at 1:32 PM
	Ceragon Networks Ltd to Host Earnings Call finance.yahoo.com - February 12 at 9:11 AM
	Ceragon Networks Reports Fourth Quarter and Full Year 2017 Financial Results finance.yahoo.com - February 12 at 9:11 AM
	Ceragon Networks (CRNT) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS www.americanbankingnews.com - February 12 at 8:56 AM
	Ceragon Networks (CRNT) Scheduled to Post Quarterly Earnings on Monday www.americanbankingnews.com - February 5 at 4:34 AM
	Ceragon Networks (CRNT) Lifted to Hold at Zacks Investment Research www.americanbankingnews.com - January 8 at 8:36 PM
	Form 6-K CERAGON NETWORKS LTD For: Jan 08 - StreetInsider.com www.streetinsider.com - January 8 at 5:23 PM
	Ceragon Networks® Fourth Quarter and Full Year 2017 Financial Results Scheduled for Release on February 12, 2018 finance.yahoo.com - January 8 at 9:56 AM
	Ceragon Networks Ltd (CRNT) Given Average Recommendation of "Hold" by Brokerages www.americanbankingnews.com - January 4 at 2:02 AM
	Ceragon Networks Ltd (CRNT) Sees Large Drop in Short Interest www.americanbankingnews.com - January 1 at 3:07 AM
	ETFs with exposure to Ceragon Networks Ltd. : December 25, 2017 finance.yahoo.com - December 25 at 7:13 PM
	Validea Joseph Piotroski Strategy Daily Upgrade Report - 12/22 ... - Nasdaq www.nasdaq.com - December 22 at 9:15 PM
	ETFs with exposure to Ceragon Networks Ltd. : December 13, 2017 finance.yahoo.com - December 13 at 5:27 PM
	Ceragon Networks Ltd. (CRNT) Receives Average Recommendation of "Hold" from Brokerages www.americanbankingnews.com - December 10 at 1:52 AM
	Ceragon Networks (CRNT) Stock Rating Upgraded by ValuEngine www.americanbankingnews.com - December 5 at 10:50 PM
	Ceragon Receives Additional $66 Million in Follow-on Orders from Tier 1 Mobile Operator in India finance.yahoo.com - December 4 at 9:30 AM
	Ceragon Networks Ltd.: Strong price momentum but will it sustain? finance.yahoo.com - November 30 at 5:14 PM
	ETFs with exposure to Ceragon Networks Ltd. : November 30, 2017 finance.yahoo.com - November 30 at 5:14 PM
	Viettel Peru Extends its LTE Network and Provides Backbone Connectivity to the Isolated Jungles With Ceragon's IP-20 ... - PR Newswire (press release) www.prnewswire.com - November 28 at 5:16 PM
	Viettel Peru Extends its LTE Network and Provides Backbone Connectivity to the Isolated Jungles With Ceragon's IP-20 Platform finance.yahoo.com - November 27 at 6:11 PM
	ETFs with exposure to Ceragon Networks Ltd. : November 20, 2017 finance.yahoo.com - November 20 at 6:34 PM
	Ceragon Networks: Correction Play - Ceragon Networks Ltd ... - Seeking Alpha seekingalpha.com - November 16 at 1:07 PM
	Ceragon Networks Ltd. (CRNT) Given Average Rating of "Hold" by Brokerages www.americanbankingnews.com - November 15 at 1:46 AM
	Ceragon Networks Ltd. :CRNT-US: Earnings Analysis: Q3, 2017 By the Numbers : November 9, 2017 finance.yahoo.com - November 10 at 6:25 AM

Ceragon (NASDAQ:CRNT) SEC Filings

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Ceragon (NASDAQ:CRNT) Income Statement, Balance Sheet and Cash Flow Statement

Ceragon (NASDAQ CRNT) Stock Chart for Monday, April, 23, 2018

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This page was last updated on 4/23/2018 by MarketBeat.com Staff