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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:CRNT
Previous Symbol
CUSIPN/A
Phone972-3543-1000
Debt
Debt-to-Equity RatioN/A
Current Ratio2.14
Quick Ratio1.67
Price-To-Earnings
Trailing P/E Ratio21.61
Forward P/E Ratio18.52
P/E Growth1.28
Sales & Book Value
Annual Sales$332.03 million
Price / Sales0.92
Cash Flow$0.2938 per share
Price / Cash Flow13.24
Book Value$1.72 per share
Price / Book2.26
Profitability
EPS (Most Recent Fiscal Year)$0.18
Net Income$15.56 million
Net Margins5.41%
Return on Equity11.15%
Return on Assets6.13%
Miscellaneous
Employees905
Outstanding Shares78,140,000
Market Cap$314.90 million
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) posted its quarterly earnings data on Monday, November, 5th. The communications equipment provider reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.03. The communications equipment provider earned $86.53 million during the quarter, compared to analysts' expectations of $82.59 million. Ceragon Networks had a net margin of 5.41% and a return on equity of 11.15%. View Ceragon Networks' Earnings History.
When is Ceragon Networks' next earnings date?
What price target have analysts set for CRNT?
5 Wall Street analysts have issued 1-year price objectives for Ceragon Networks' stock. Their predictions range from $4.40 to $5.00. On average, they expect Ceragon Networks' stock price to reach $4.6333 in the next twelve months. This suggests a possible upside of 19.1% 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 stories about CRNT stock have trended very negative on Saturday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ceragon Networks earned a news impact score of -3.8 on InfoTrie's scale. They also assigned news coverage 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 effect on the stock's share price in the next few days.
Who are some of Ceragon Networks' key competitors?
Some companies that are related to Ceragon Networks include Loral Space & Communications Ltd. (LORL), Maxar Technologies (MAXR), Comtech Telecomm. (CMTL), Gilat Satellite Networks (GILT), Sierra Wireless (SWIR), CalAmp (CAMP), Harmonic (HLIT), KVH Industries (KVHI), Energous (WATT), Vuzix (VUZI), Airgain (AIRG), Pointer Telocation (PNTR), Aviat Networks (AVNW), PC Tel (PCTI) and SeaChange International (SEAC).
Who are Ceragon Networks' key executives?
Ceragon Networks' management team includes the folowing people:
- Mr. Ira Palti, Pres, CEO & Director (Age 60)
- Mr. Doron Arazi, Deputy CEO & CFO (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)
Who are Ceragon Networks' major shareholders?
Ceragon Networks' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (4.44%), Acadian Asset Management LLC (4.01%), Ibex Investors LLC (3.90%), Putnam Investments LLC (0.78%), Harel Insurance Investments & Financial Services Ltd. (0.77%) and Algert Global LLC (0.70%).
Which major investors are selling Ceragon Networks stock?
CRNT stock was sold by a variety of institutional investors in the last quarter, including Algert Global LLC, Macquarie Group Ltd., ARK Investment Management LLC, Vanguard Group Inc., Vanguard Group Inc and Engineers Gate Manager LP.
Which major investors are buying Ceragon Networks stock?
CRNT stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Harel Insurance Investments & Financial Services Ltd., Putnam Investments LLC, GSA Capital Partners LLP, Acadian Asset Management LLC, Ibex Investors LLC, Panagora Asset Management Inc. and BlackRock Inc..
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, Scottrade, Fidelity and Charles Schwab.
What is Ceragon Networks' stock price today?
One share of CRNT stock can currently be purchased for approximately $3.89.
How big of a company is Ceragon Networks?
Ceragon Networks has a market capitalization of $314.90 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.
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.
