Ciena Corporation (CIEN)

CIEN (NASDAQ:Telecommunications)
$20.38
pos +0.28
+1.39%
Today's Range: 19.99 - 20.40 | CIEN Avg Daily Volume: 3,919,700
Last Update: 06/18/13 - 4:00 PM EDT
Volume: 3,207,890
YTD Performance: 28.03%
Open: $20.05
Previous Close: $20.10
52 Week Range: $11.96 - $20.60
Oustanding Shares: 102,052,816
Market Cap: 2,051,261,602
6-Month Chart
TheStreet Ratings Grade for CIEN
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 8 7 7 7
Moderate Buy 2 2 2 2
Hold 7 7 7 7
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.94 2.00 2.00 2.00
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 09/19/00
Price Earnings Ratio: -14.26
Price Earnings Comparisons:
CIEN Sector Avg. S&P 500
-14.26 0.00 17.70
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
18.30% 31.40% 37.67%
GROWTH 12 Mo 3 Yr CAGR
Revenue 5.30 1.81 0.41
Net Income 0.00 -0.75 0.00
EPS 0.00 -0.77 0.00
Earnings for CIEN:
EBITDA 0.06B
Revenue 1.83B
Average Earnings Estimates
Qtr (07/13) Qtr (10/13) FY (10/13) FY (10/14)
Average Estimate $0.09 $0.16 $0.21 $0.75
Number of Analysts 3 3 3 3
High Estimate $0.10 $0.21 $0.24 $0.88
Low Estimate $0.08 $0.10 $0.14 $0.68
Prior Year $-0.11 $-0.16 $-0.57 $0.21
Growth Rate (Year over Year) 178.79% 197.92% 136.26% 261.29%
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Individual Stocks Do Matter

By

Jim Cramer

 | Jun 13, 2013 | 3:11 PM EDT

Even on a day when rates fall, retail sales are strong and jobless claims surprise.

bullishCiena estimates, target boosted at BMO

Jun 7, 2013 | 8:21 AM EDT

Shares of CIEN now seen reaching $20, according to BMO Capital. Company is seeing higher orders and sales. Market Perform rating. 

bullishCiena price target and estimates raised at Citi

Jun 7, 2013 | 8:19 AM EDT

CIEN earnings estimates were raised on increased guidance, said Citigroup. The Converged Packet Optical segment is showing solid growth. Price target goes to $24.

bullishCiena price target and estimates raised at UBS

Jun 7, 2013 | 8:08 AM EDT

CIEN earnings estimates were raised on solid bookings and improving carrier spending, said UBS. Price target goes to $19.

Cramer: Ciena Comes to Life

By

Jim Cramer

 | Jun 6, 2013 | 10:58 AM EDT

Jim Cramer said the market assumed the telco companies were dead, but Ciena shows there are signs of life.

Out With the Old, in With the New

By

Jim Cramer

 | Mar 8, 2013 | 12:37 PM EST

The new is overlooked, unloved technology from yesteryear.

bullishCiena target raised at Citigroup

Mar 8, 2013 | 8:17 AM EST

Shares of CIEN now seen reaching $22, Citigroup said. Results beat on gross margin and operating expenditures. Buy rating. 

bearishCienna downgraded at BMO Capital Markets

Dec 14, 2012 | 8:13 AM EST

Shares of CIEN downgraded to Market Perform from Outperform, BMO Capital Markets said. $15 price target. Conversion to revenue could slow.

Cellar-Dwellers Take a Leap

By

Kate Stalter

 | Nov 8, 2012 | 10:30 AM EST

Fiber-optic gear makers have been foundering, but they gained handsomely in Wednesday’s downturn.

bullishCiena upgraded at FBR

Oct 25, 2012 | 7:56 AM EDT

CIEN was upgraded from Market Perform to Outperform, FBR Capital Markets said. Company can gain market share in the coming quarters. 

 

Columnist Conversation / Market Updates

LINE
By

Jim Cramer

 | Jun 19, 2013 | 6:30 AM EDT
Hopefully we can go beyond the infancy of attacking Linn Energy as a pawn in the ad hominem attack on me and our institu...

Paris to join Brazil and Turkey this summer?
By

Bret Jensen

 | Jun 18, 2013 | 10:33 PM EDT
Good piece by Niall Ferguson on how protests going on in Brazil & Turkey could hit next in France over the summer. ...
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TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

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