Ciena Corporation (CIEN)
Ciena Statistics
Share Statistics
Ciena has 142.15M shares outstanding. The number of shares has increased by -1.72% in one year.
| Shares Outstanding | 142.15M |
| Shares Change (YoY) | -1.72% |
| Shares Change (QoQ) | -1.6% |
| Owned by Institutions (%) | 96.83% |
| Shares Floating | 140.13M |
| Failed to Deliver (FTD) Shares | 71 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 6.26M, so 4.4% of the outstanding shares have been sold short.
| Short Interest | 6.26M |
| Short % of Shares Out | 4.4% |
| Short % of Float | 4.48% |
| Short Ratio (days to cover) | 4.34 |
Valuation Ratios
The PE ratio is 110.27 and the forward PE ratio is 23.28. Ciena's PEG ratio is -1.67.
| PE Ratio | 110.27 |
| Forward PE | 23.28 |
| PS Ratio | 2.31 |
| Forward PS | 1.8 |
| PB Ratio | 3.29 |
| P/FCF Ratio | 17.99 |
| PEG Ratio | -1.67 |
Enterprise Valuation
Ciena Corporation has an Enterprise Value (EV) of 7.72B.
| EV / Earnings | 91.9 |
| EV / Sales | 1.92 |
| EV / EBITDA | 22.02 |
| EV / EBIT | 46.31 |
| EV / FCF | 15 |
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 |
| Total Debt / Capitalization | 7.77 |
| Cash Flow / Debt | 2.17 |
| Interest Coverage | 1.72 |
Financial Efficiency
Return on equity (ROE) is 0.03% and return on capital (ROIC) is 3.82%.
| Return on Equity (ROE) | 0.03% |
| Return on Assets (ROA) | 0.01% |
| Return on Capital (ROIC) | 3.82% |
| 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 | 0.3 |
Stock Price Statistics
The stock price has increased by 28.39% in the last 52 weeks. The beta is 0.91, so Ciena's price volatility has been higher than the market average.
| Beta | 0.91 |
| 52-Week Price Change | 28.39% |
| 50-Day Moving Average | 80.4 |
| 200-Day Moving Average | 65.86 |
| Relative Strength Index (RSI) | 36.58 |
| Average Volume (20 Days) | 2.95M |
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 | 166.62M |
| 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 | 0.89% |
| FCF Yield | 5.54% |
Analyst Forecast
The average price target for CIEN is $88, which is 34.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $88 |
| Price Target Difference | 34.6% |
| 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 | 2.6 |
| Piotroski F-Score | 7 |