Ciena Corporation

NYSE: CIEN · Real-Time Price · USD
73.45
0.79 (1.09%)
At close: May 07, 2025, 3:59 PM
75.59
2.91%
Pre-market: May 08, 2025, 08:31 AM EDT

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 n/a
Failed to Deliver (FTD) Shares 728
FTD / Avg. Volume 0.03%

Short Selling Information

The latest short interest is 4.49M, so 3.16% of the outstanding shares have been sold short.

Short Interest 4.49M
Short % of Shares Out 3.16%
Short % of Float 5.09%
Short Ratio (days to cover) 1.68

Valuation Ratios

The PE ratio is 110.27 and the forward PE ratio is 21.34. Ciena's PEG ratio is -1.67.

PE Ratio 110.27
Forward PE 21.34
PS Ratio 2.31
Forward PS 2
PB Ratio 3.29
P/FCF Ratio 24.5
PEG Ratio -1.67
Financial Ratio History

Enterprise Valuation

Ciena has an Enterprise Value (EV) of 9.95B.

EV / Sales 2.48
EV / EBITDA 28.41
EV / EBIT 19.35
EV / FCF 26.34

Financial Position

The company has a current ratio of 3.54, with a Debt / Equity ratio of 0.58.

Current Ratio 3.54
Quick Ratio 2.72
Debt / Equity 0.58
Debt / EBITDA 4.66
Debt / FCF 4.32
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 $456,504.26
Profits Per Employee $9,545.88
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 49.26% in the last 52 weeks. The beta is 1.11, so Ciena's price volatility has been higher than the market average.

Beta 1.11
52-Week Price Change 49.26%
50-Day Moving Average 65.49
200-Day Moving Average 68.33
Relative Strength Index (RSI) 66.34
Average Volume (20 Days) 2,376,881

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
Full Income Statement

Balance Sheet

The company has 934.86M in cash and 1.63B in debt, giving a net cash position of -697.39M.

Cash & Cash Equivalents 934.86M
Total Debt 1.63B
Net Cash -697.39M
Retained Earnings -3.29B
Total Assets 5.57B
Working Capital 2.54B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 514.53M and capital expenditures 0, giving a free cash flow of 377.89M.

Operating Cash Flow 514.53M
Capital Expenditures n/a
Free Cash Flow 377.89M
FCF Per Share 2.61
Full Cash Flow Statement

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 9.41%

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 4.08%
Dividend Details

Analyst Forecast

The average price target for CIEN is $76, which is 3.5% higher than the current price. The consensus rating is "Buy".

Price Target $76
Price Target Difference 3.5%
Analyst Consensus Buy
Analyst Count 13
Stock Forecasts

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 2.81
Piotroski F-Score 7