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Ciena Corporation

CIEN | US

466.67

USD

-21.54

-4.41%

CIEN | US
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About Ciena Corporation

Sector

Technology

Industry

Communication Equipment

Earnings date

31/07/2024

As of date

08/06/2026

Close

466.67

Open

489.77

High

491.00

Low

457.79

Ciena Corporation provides hardware and software services for delivery of video data and voice traffic metro aggregation and access communications network worldwide. The company's Networking Platforms segment offers convergence of coherent optical transport open optical networking IP routing and switching services. Its products include 6500 Packet-Optical Platform 5400 Reconfigurable Switching System Waveserver stackable interconnect system and the 6500 Reconfigurable line system and the 5400 family of Packet-Optical platforms as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and the 5000 family of service aggregation switches as well as 8700 Packetwave Platform and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration inventory route optimization and analysis network function virtualization orchestration analytics and related services. Its Platform Software and Service segment offers OneControl unified management system that support network solutions. The company's Global Services segment provides consulting and network design installation and deployment maintenance support and training services. Ciena Corporation was incorporated in 1992 and is headquartered in Hanover Maryland.

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CIEN | US

Risk
87.2
Sharpe
8.03
Luna's Score
34/100
Recommendation
Sell

Luna says (CIEN | US)

What's Working

Largecap (10B - 200B USD)

Strong Sharpe Ratio (> 1.2)

What's not Working

Negative Momentum (Declining Price)

Weakness based on declining price with high volume

Price Below SMA10D

High Short-term Volatility

High 6-Month Volatility (>65%)

High Current Volume and Negative 1-Day Return

Weak P/E, and PEG ratio indicator

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Declining Revenue (< 0%)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

102.9%

1 month

87.2%

3 months

82.7%

6 months

78.7%

Returns

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Fundamental Ratios

PE

69.50

Fwd. PE

24.21

Price to book

3.32

Debt to equity

0.55

Debt to assets

0.29

Ent. to EBITDA

26.94

Ent. to rev.

2.51

PEG

0.77

Other Fundamentals

EBITDA

364.27M

MarketCap

67.40B

MarketCap(USD)

67.40B

Div. yield

-

Op. margin

2.98

Erngs. growth

-50.40

Rev. growth

-11.80

Ret. on equity

4.73

Short ratio

2.52

Short perc.

5.29

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

179.72

Range1M

179.72

Range3M

350.26

Volumes: Market Activity

Volume Averages

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Rel. volume

2.13

Price X volume

2.63B

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Motorola Solutions IncMSICommunication Equipment406.867.87B-0.86%55.58854.49%
Hewlett Packard Enterprise CompanyHPECommunication Equipment49.8764.76B1.36%14.6753.46%
Coherent IncCOHRScientific & Technical Instruments401.9362.06B6.62%n/a56.81%
Lumentum Holdings IncLITECommunication Equipment895.461.45B3.68%n/a267.38%
Keysight Technologies IncKEYSScientific & Technical Instruments331.657.55B0.54%30.7638.93%
L3Harris Technologies IncLHXCommunication Equipment302.157.31B-1.86%39.9370.34%
Garmin LtdGRMNScientific & Technical Instruments235.2345.21B-0.57%23.471.46%
Telefonaktiebolaget LM Ericsson (publ)ERICCommunication Equipment12.5241.41B-0.32%n/a48.41%
Credo Technology Group Holding Ltd Ordinary SharesCRDOCommunication Equipment222.2736.91B7.43%n/a3.01%
Ubiquiti Networks IncUICommunication Equipment572.7734.64B0.96%43.50796.64%
  • 1

Diversifiers

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Industry
Close
Marketcap
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PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Carrier Global CorporationCARRBuilding Products & Equipment67.3560.80B0.28%21.69100.40%
Cardinal Health IncCAHMedical Distribution204.4849.48B-0.60%32.58-174.57%
Live Nation Entertainment IncLYVMedia - Diversified159.5137.02B-0.35%105.45-18562.20%
Netflix IncNFLXMedia - Diversified82.6435.47B0.56%43.2370.34%
Twenty-First Century Fox IncFOXAMedia - Diversified67.4429.59B0.82%13.5776.09%
Twenty-First Century Fox IncFOXMedia - Diversified60.3428.85B0.77%12.4576.09%
PPL CorporationPPLBuilding Products & Equipment35.3526.08B-1.09%28.90114.80%
Avery Dennison CorporationAVYBuilding Products & Equipment153.0112.32B-1.40%27.93140.74%
Henry Schein IncHSICMedical Distribution78.059.89B0.77%26.7180.81%
Dolby Laboratories IncDLBMedia - Diversified54.015.15B0.43%34.320.00%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA26.945.48Expensive
Ent. to Revenue2.513.04Par
PE Ratio69.5031.66Expensive
Price to Book3.328.10Cheaper
Dividend Yield-3.31-
Std. Deviation (3M)82.6856.84Riskier
Debt to Equity0.550.72Cheaper
Debt to Assets0.290.26Par
Market Cap67.40B11.31BMarket Leader
  • 1

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