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: $160.46 million
  • Outstanding Shares: 77,891,000
Average Prices:
  • 50 Day Moving Avg: $2.05
  • 200 Day Moving Avg: $2.57
  • 52 Week Range: $1.88 - $4.23
P/E:
  • Trailing P/E Ratio: 9.67
  • Foreward P/E Ratio: 9.81
  • P/E Growth: 0.50
Sales & Book Value:
  • Annual Revenue: $333.15 million
  • Price / Sales: 0.48
  • Book Value: $1.59 per share
  • Price / Book: 1.30
Profitability:
  • EBITDA: $31.87 million
  • Net Margins: 5.00%
  • Return on Equity: 13.52%
  • Return on Assets: 6.34%
Debt:
  • Current Ratio: 1.85%
  • Quick Ratio: 1.38%
Misc:
  • Average Volume: 360,338 shs.
  • Beta: 1.25
  • Short Ratio: 2.35
 

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 quarterly earnings data on Monday, August, 7th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.01. The business had revenue of $93.30 million for the quarter, compared to analyst estimates of $87.84 million. Ceragon Networks had a return on equity of 13.52% and a net margin of 5.00%. The company's revenue was up 33.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.02 EPS. 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 Monday, November, 6th 2017. View Earnings Estimates for Ceragon Networks.

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

3 analysts have issued 1 year target prices for Ceragon Networks' shares. Their forecasts range from $2.50 to $3.00. On average, they expect Ceragon Networks' share price to reach $2.75 in the next year. 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. " (8/10/2017)
  • 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)

Are investors shorting Ceragon Networks?

Ceragon Networks saw a decline in short interest in the month of September. As of September 15th, there was short interest totalling 504,063 shares, a decline of 23.6% from the August 31st total of 660,093 shares. Based on an average trading volume of 223,852 shares, the days-to-cover ratio is presently 2.3 days. Approximately 0.8% of the shares of the company are short sold.

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 $2.06.


MarketBeat Community Rating for Ceragon Networks (NASDAQ CRNT)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  127 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  286
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: $2.75 (33.50% upside)
Consensus Price Target History for Ceragon Networks (NASDAQ:CRNT)
Price Target History for Ceragon Networks (NASDAQ:CRNT)
Analysts' Ratings History for Ceragon Networks (NASDAQ:CRNT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/8/2017Jefferies Group LLCReiterated RatingHold$2.50N/AView Rating Details
8/8/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldHighView Rating Details
1/17/2017Needham & Company LLCDowngradeBuy -> HoldN/AView Rating Details
(Data available from 10/19/2015 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
11/6/2017$0.05N/AView Earnings Details
8/7/20176/30/2017$0.06$0.07$87.84 million$93.30 millionViewListenView Earnings Details
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: $0.19
2018 EPS Consensus Estimate: $0.20
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.01)($0.01)($0.01)
Q2 20171$0.10$0.10$0.10
Q3 20171$0.05$0.05$0.05
Q4 20172$0.03$0.06$0.05
Q1 20182$0.02$0.03$0.03
Q2 20181$0.05$0.05$0.05
Q3 20181$0.05$0.05$0.05
Q4 20182$0.05$0.10$0.08
(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
finance.yahoo.com logoFeatured Company News - Ceragon Announces Receipt of Orders for Its IP-20 Platform from a Wireless Communications Wholesaler in Southeast Asia
finance.yahoo.com - October 12 at 6:19 PM
prnewswire.com logoCeragon Networks® Third Quarter 2017 Financial Results Scheduled for Release on November 6, 2017 - PR Newswire (press release)
www.prnewswire.com - October 10 at 6:42 PM
finance.yahoo.com logoCeragon Networks® Third Quarter 2017 Financial Results Scheduled for Release on November 6, 2017
finance.yahoo.com - October 10 at 6:41 PM
finance.yahoo.com logoCeragon's IP-20 Platform Selected for Large National Communication Project in Southeast Asia
finance.yahoo.com - October 10 at 6:41 PM
americanbankingnews.com logoCeragon Networks Ltd. (CRNT) Stock Rating Reaffirmed by Jefferies Group LLC
www.americanbankingnews.com - October 8 at 9:24 AM
finance.yahoo.com logoETFs with exposure to Ceragon Networks Ltd. : October 2, 2017
finance.yahoo.com - October 3 at 5:48 AM
americanbankingnews.com logoShort Interest in Ceragon Networks Ltd. (CRNT) Declines By 23.6%
www.americanbankingnews.com - October 1 at 1:18 AM
americanbankingnews.com logoCeragon Networks Ltd (CRNT) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 26 at 2:44 AM
finance.yahoo.com logoETFs with exposure to Ceragon Networks Ltd. : September 20, 2017
finance.yahoo.com - September 20 at 6:18 PM
nasdaq.com logoTechnology Sector Update for 09/11/2017: CRNT,EFII,RTNB - Nasdaq
www.nasdaq.com - September 11 at 11:11 PM
nasdaq.com logoMid-Morning Market Update: Markets Open Higher; Teva Pharmaceutical Names Kaare Schultz As CEO - Nasdaq
www.nasdaq.com - September 11 at 6:10 PM
benzinga.com logo20 Biggest Mid-Day Gainers For Monday - Benzinga
www.benzinga.com - September 11 at 6:10 PM
finance.yahoo.com logoETFs with exposure to Ceragon Networks Ltd. : September 6, 2017
finance.yahoo.com - September 6 at 12:07 AM
americanbankingnews.com logo$77.68 Million in Sales Expected for Ceragon Networks Ltd. (CRNT) This Quarter
www.americanbankingnews.com - September 5 at 3:00 AM
americanbankingnews.com logoCeragon Networks Ltd. (CRNT) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - September 1 at 10:34 PM
finance.yahoo.com logoCeragon Networks Ltd. :CRNT-US: Earnings Analysis: Q2, 2017 By the Numbers : September 1, 2017
finance.yahoo.com - September 1 at 5:48 PM
americanbankingnews.com logoContrasting Extreme Networks (EXTR) and Ceragon Networks (CRNT)
www.americanbankingnews.com - August 26 at 12:22 AM
americanbankingnews.com logoCritical Survey: Extreme Networks (EXTR) versus Ceragon Networks (CRNT)
www.americanbankingnews.com - August 19 at 8:28 PM
finance.yahoo.com logoSoutheast Asia Wireless Service Provider Selects Ceragon to Modernize and Expand its Network
finance.yahoo.com - August 16 at 5:57 PM
americanbankingnews.com logoJefferies Group Weighs in on Ceragon Networks Ltd.'s Q3 2017 Earnings (NASDAQ:CRNT)
www.americanbankingnews.com - August 10 at 12:04 PM
americanbankingnews.com logoFY2017 EPS Estimates for Ceragon Networks Ltd. (NASDAQ:CRNT) Lowered by Analyst
www.americanbankingnews.com - August 10 at 9:11 AM
benzinga.com logo18 Stocks Moving In Wednesday's Pre-Market Session - Benzinga
www.benzinga.com - August 9 at 5:43 PM
americanbankingnews.com logoCeragon Networks Ltd. (NASDAQ:CRNT) to Post Q1 2018 Earnings of $0.03 Per Share, Oppenheimer Holdings Forecasts
www.americanbankingnews.com - August 9 at 12:08 PM
seekingalpha.com logoCeragon Networks Is Giving Investors A Second Chance - Seeking Alpha
seekingalpha.com - August 8 at 5:13 PM
americanbankingnews.com logoAnalyzing Ceragon Networks (NASDAQ:CRNT) and Extreme Networks (EXTR)
www.americanbankingnews.com - August 8 at 4:30 PM
finance.yahoo.com logoEdited Transcript of CRNT earnings conference call or presentation 7-Aug-17 1:00pm GMT
finance.yahoo.com - August 7 at 10:59 PM
seekingalpha.com logoCeragon Networks' (CRNT) CEO Ira Palti on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 7 at 5:57 PM
finance.yahoo.com logoInvestor Network: Ceragon Networks Ltd to Host Earnings Call
finance.yahoo.com - August 7 at 5:57 PM
finance.yahoo.com logoCeragon Networks Reports Second Quarter 2017 Financial Results
finance.yahoo.com - August 7 at 5:57 PM
finance.yahoo.com logoETFs with exposure to Ceragon Networks Ltd. : August 7, 2017
finance.yahoo.com - August 7 at 5:57 PM
finance.yahoo.com logoCeragon posts 2Q profit
finance.yahoo.com - August 7 at 5:57 PM
americanbankingnews.com logoCeragon Networks Ltd. (NASDAQ:CRNT) Releases Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - August 7 at 11:32 AM
americanbankingnews.com logoAnalyzing Aviat Networks (AVNW) and Ceragon Networks (NASDAQ:CRNT)
www.americanbankingnews.com - August 3 at 12:14 PM
benzinga.com logoMid-Day Market Update: Dynavax Jumps After FDA Approval For Hepatitis B Vaccine; Navigant Shares Drop - Benzinga
www.benzinga.com - July 31 at 5:24 PM
nasdaq.com logoMid-Morning Market Update: Markets Mostly Higher; Discovery Communications To Acquire Scripps Networks Interactive - Nasdaq
www.nasdaq.com - July 31 at 5:24 PM
americanbankingnews.com logo$88.77 Million in Sales Expected for Ceragon Networks Ltd. (NASDAQ:CRNT) This Quarter
www.americanbankingnews.com - July 31 at 10:07 AM
americanbankingnews.com logoCeragon Networks Ltd. (NASDAQ:CRNT) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - July 31 at 7:55 AM
americanbankingnews.com logo Analysts Expect Ceragon Networks Ltd. (NASDAQ:CRNT) Will Announce Earnings of $0.06 Per Share
www.americanbankingnews.com - July 29 at 7:46 AM
americanbankingnews.com logoHead to Head Contrast: Ceragon Networks (CRNT) versus Aviat Networks (AVNW)
www.americanbankingnews.com - July 27 at 11:02 AM
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
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

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Chart

Ceragon Networks (CRNT) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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