Ciena Corporation (CIEN)
Ciena Statistics
Share Statistics
Ciena has 142.15M shares outstanding. The number of shares has increased by -1.08% in one year.
| Shares Outstanding | 142.15M |
| Shares Change (YoY) | -1.08% |
| Shares Change (QoQ) | 0.02% |
| Owned by Institutions (%) | 96.83% |
| Shares Floating | 139.78M |
| Failed to Deliver (FTD) Shares | 11 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 3.76M, so 2.64% of the outstanding shares have been sold short.
| Short Interest | 3.76M |
| Short % of Shares Out | 2.64% |
| Short % of Float | 2.69% |
| Short Ratio (days to cover) | 1.58 |
Valuation Ratios
The PE ratio is 110.27 and the forward PE ratio is 17.41. Ciena's PEG ratio is -1.67.
| PE Ratio | 110.27 |
| Forward PE | 17.41 |
| PS Ratio | 2.31 |
| Forward PS | 1.6 |
| PB Ratio | 3.29 |
| P/FCF Ratio | 17.99 |
| PEG Ratio | -1.67 |
Enterprise Valuation
Ciena has an Enterprise Value (EV) of 8.56B.
| EV / Sales | 2.13 |
| EV / EBITDA | 24.43 |
| EV / EBIT | 16.64 |
| EV / FCF | 16.64 |
Financial Position
The company has a current ratio of 3.54, with a Debt / Equity ratio of 0.08.
| Current Ratio | 3.54 |
| Quick Ratio | 2.72 |
| Debt / Equity | 0.08 |
| Debt / EBITDA | 0.68 |
| Debt / FCF | 0.46 |
| Interest Coverage | 1.72 |
Financial Efficiency
Return on Equity is 2.98% and Return on Invested Capital is 2.49%.
| Return on Equity | 2.98% |
| Return on Assets | 1.49% |
| Return on Invested Capital | 2.49% |
| Revenue Per Employee | $456.5K |
| Profits Per Employee | $9.55K |
| Employee Count | 8,795 |
| Asset Turnover | 0.71 |
| Inventory Turnover | 2.8 |
Taxes
| Income Tax | 35.89M |
| Effective Tax Rate | 29.95% |
Stock Price Statistics
The stock price has increased by 31.87% in the last 52 weeks. The beta is 1.15, so Ciena's price volatility has been higher than the market average.
| Beta | 1.15 |
| 52-Week Price Change | 31.87% |
| 50-Day Moving Average | 72.41 |
| 200-Day Moving Average | 66.94 |
| Relative Strength Index (RSI) | 42.14 |
| Average Volume (20 Days) | 2.78M |
Income Statement
In the last 12 months, Ciena had revenue of 4.01B and earned 83.96M in profits. Earnings per share was 0.58.
| Revenue | 4.01B |
| Gross Profit | 1.72B |
| Operating Income | 166.62M |
| Net Income | 83.96M |
| EBITDA | 350.35M |
| EBIT | 216.88M |
| Earnings Per Share (EPS) | 0.58 |
Balance Sheet
The company has 934.86M in cash and 237.2M in debt, giving a net cash position of 697.66M.
| Cash & Cash Equivalents | 934.86M |
| Total Debt | 237.2M |
| Net Cash | 697.66M |
| Retained Earnings | -3.29B |
| Total Assets | 5.57B |
| Working Capital | 2.54B |
Cash Flow
In the last 12 months, operating cash flow was 514.53M and capital expenditures 0, giving a free cash flow of 514.53M.
| Operating Cash Flow | 514.53M |
| Capital Expenditures | 0 |
| Free Cash Flow | 514.53M |
| FCF Per Share | 3.56 |
Margins
Gross margin is 42.83%, with operating and profit margins of 4.15% and 2.09%.
| Gross Margin | 42.83% |
| Operating Margin | 4.15% |
| Pretax Margin | 2.99% |
| Profit Margin | 2.09% |
| EBITDA Margin | 8.73% |
| EBIT Margin | 4.15% |
| FCF Margin | 12.82% |
Dividends & Yields
CIEN does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 0.91% |
| FCF Yield | 5.56% |
Analyst Forecast
The average price target for CIEN is $76, which is 28% higher than the current price. The consensus rating is "Buy".
| Price Target | $76 |
| Price Target Difference | 28% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
Stock Splits
The last stock split was on Sep 25, 2006. It was a backward split with a ratio of 1:7.
| Last Split Date | Sep 25, 2006 |
| Split Type | backward |
| Split Ratio | 1:7 |
Scores
| Altman Z-Score | 2.37 |
| Piotroski F-Score | 7 |