S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom

Ciena (CIEN) Competitors

$44.78
-0.25 (-0.56%)
(As of 04/17/2024 ET)

CIEN vs. FN, RDDT, S, UI, BILL, SAIC, RMBS, ARW, WTS, and KT

Should you be buying Ciena stock or one of its competitors? The main competitors of Ciena include Fabrinet (FN), Reddit (RDDT), SentinelOne (S), Ubiquiti (UI), BILL (BILL), Science Applications International (SAIC), Rambus (RMBS), Arrow Electronics (ARW), Watts Water Technologies (WTS), and KT (KT). These companies are all part of the "computer and technology" sector.

Ciena vs.

Fabrinet (NYSE:FN) and Ciena (NYSE:CIEN) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, earnings, analyst recommendations, valuation, institutional ownership, dividends, community ranking, risk and media sentiment.

97.4% of Fabrinet shares are owned by institutional investors. Comparatively, 92.0% of Ciena shares are owned by institutional investors. 0.5% of Fabrinet shares are owned by company insiders. Comparatively, 0.8% of Ciena shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

In the previous week, Ciena had 7 more articles in the media than Fabrinet. MarketBeat recorded 16 mentions for Ciena and 9 mentions for Fabrinet. Ciena's average media sentiment score of 0.93 beat Fabrinet's score of 0.70 indicating that Fabrinet is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fabrinet
4 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ciena
4 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ciena has higher revenue and earnings than Fabrinet. Fabrinet is trading at a lower price-to-earnings ratio than Ciena, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fabrinet$2.65B2.28$247.91M$6.9224.02
Ciena$4.37B1.48$254.83M$1.5429.08

Fabrinet currently has a consensus price target of $159.57, indicating a potential downside of 3.94%. Ciena has a consensus price target of $58.79, indicating a potential upside of 31.28%. Given Fabrinet's stronger consensus rating and higher possible upside, analysts plainly believe Ciena is more favorable than Fabrinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fabrinet
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71
Ciena
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.82

Fabrinet has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500. Comparatively, Ciena has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500.

Fabrinet has a net margin of 9.35% compared to Fabrinet's net margin of 5.22%. Ciena's return on equity of 17.27% beat Fabrinet's return on equity.

Company Net Margins Return on Equity Return on Assets
Fabrinet9.35% 17.27% 12.81%
Ciena 5.22%9.92%5.08%

Ciena received 598 more outperform votes than Fabrinet when rated by MarketBeat users. Likewise, 76.62% of users gave Ciena an outperform vote while only 74.19% of users gave Fabrinet an outperform vote.

CompanyUnderperformOutperform
FabrinetOutperform Votes
621
74.19%
Underperform Votes
216
25.81%
CienaOutperform Votes
1219
76.62%
Underperform Votes
372
23.38%

Summary

Ciena beats Fabrinet on 11 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CIEN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CIEN vs. The Competition

MetricCienaTelephone & telegraph apparatus IndustryComputer SectorNYSE Exchange
Market Cap$6.48B$852.79M$19.19B$17.19B
Dividend YieldN/A3.32%2.75%3.60%
P/E Ratio29.089.80244.6823.26
Price / Sales1.480.96522.7510.07
Price / Cash14.7015.6727.7116.90
Price / Book2.321.476.334.85
Net Income$254.83M-$2.54M$625.18M$965.37M
7 Day Performance-4.17%-11.47%-3.35%-3.84%
1 Month Performance-10.48%-14.41%-3.63%-2.72%
1 Year Performance-9.79%-5.82%13.73%77.91%

Ciena Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FN
Fabrinet
2.2513 of 5 stars
$172.81
0.0%
$159.57
-7.7%
+75.9%$6.27B$2.65B24.9714,663Positive News
RDDT
Reddit
0 of 5 stars
41.14
+2.9%
N/AN/A$6.54BN/A0.002,013Analyst Report
Analyst Revision
S
SentinelOne
3.2637 of 5 stars
$20.88
+1.0%
$26.08
+24.9%
+16.8%$6.47B$621.15M-18.002,300
UI
Ubiquiti
2.0195 of 5 stars
$106.84
+0.3%
$126.50
+18.4%
-58.8%$6.46B$1.94B17.341,059News Coverage
BILL
BILL
4.5078 of 5 stars
$62.50
+2.6%
$105.76
+69.2%
-17.2%$6.57B$1.06B-57.872,521
SAIC
Science Applications International
3.1405 of 5 stars
$124.04
+2.4%
$127.60
+2.9%
+14.9%$6.41B$7.44B14.0224,000Dividend Announcement
Analyst Upgrade
Insider Buying
RMBS
Rambus
4.2634 of 5 stars
$58.72
-0.5%
$73.20
+24.7%
+17.3%$6.38B$461.12M19.57623Insider Selling
ARW
Arrow Electronics
3.927 of 5 stars
$123.44
+0.0%
$136.00
+10.2%
+3.6%$6.66B$33.11B7.8222,100Short Interest ↓
News Coverage
Positive News
WTS
Watts Water Technologies
3.836 of 5 stars
$200.33
+0.3%
$190.60
-4.9%
+25.1%$6.67B$2.06B25.625,100Analyst Report
Positive News
KT
KT
0 of 5 stars
$12.30
-1.3%
N/A+4.8%$6.30B$20.20B7.9420,544Short Interest ↓

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This page (NYSE:CIEN) was last updated on 4/17/2024 by MarketBeat.com Staff

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