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

$2.41
+0.16 (+7.11 %)
(As of 08/18/2019 02:09 PM ET)
Today's Range
$2.24
Now: $2.41
$2.42
50-Day Range
$2.22
MA: $2.76
$3.09
52-Week Range
$2.20
Now: $2.41
$5.04
Volume558,800 shs
Average Volume594,756 shs
Market Capitalization$193.35 million
P/E Ratio14.06
Dividend YieldN/A
Beta1.21
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$0.3252 per share
Book Value$2.04 per share

Profitability

Net Income$23.05 million

Miscellaneous

Employees958
Market Cap$193.35 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 consensus estimate of $0.03 by $0.01. The communications equipment provider earned $73 million during the quarter, compared to analysts' expectations of $72.62 million. Ceragon Networks had a net margin of 6.14% and a return on equity of 8.33%. 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 analysts have issued twelve-month price objectives for Ceragon Networks' shares. Their predictions range from $4.00 to $4.50. On average, they anticipate Ceragon Networks' share price to reach $4.25 in the next year. This suggests a possible upside of 76.3% 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?

Press coverage about CRNT stock has been trending negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog 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 sentiment score of -2.3 on InfoTrie's scale. They also gave media stories about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Ceragon Networks.

Are investors shorting Ceragon Networks?

Ceragon Networks saw a increase in short interest in July. As of July 31st, there was short interest totalling 4,269,600 shares, an increase of 29.2% from the June 30th total of 3,305,700 shares. Based on an average trading volume of 526,600 shares, the days-to-cover ratio is currently 8.1 days. Approximately 7.0% of the shares of the stock are short sold. 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), Georgian Mining (GEO), Micron Technology (MU), Xilinx (XLNX) and Intel (INTC).

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 many different 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 major 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 major 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., Menta Capital LLC, Renaissance Technologies LLC, BlackRock Inc., ETF Managers Group LLC, Bluestein R H & Co. and Parametric Portfolio Associates LLC.

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 $2.41.

How big of a company is Ceragon Networks?

Ceragon Networks has a market capitalization of $193.35 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:  324 (Vote Outperform)
Underperform Votes:  364 (Vote Underperform)
Total Votes:  688
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 8/18/2019 by MarketBeat.com Staff

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