How is market capitalization calculated?
Commonly referred to as “market cap,” it is calculated by multiplying the total number of a company’s outstanding shares by the current market price of one share. As an example, a company with 10 million shares selling for $100 each would have a market cap of $1 billion.
Who owns Ciena Corporation?
Tellabs
Tellabs announced the purchase of Ciena for $7.1 billion in June.
Is Ciena stock a buy?
Ciena has received a consensus rating of Buy. The company’s average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.
What companies use Ciena?
Ciena counts more than 1,500 customers such as AT and NASA in the US, Telefonica (Spain), and Vodafone (UK) overseas. It uses a direct sales force as well as resellers. AT and Verizon combine to account for around a quarter of Ciena’s revenue.
What does Ciena Corporation do?
Ciena is a networking systems, services, and software company. We’re driven by a relentless pursuit of network innovation—enabling our customers to adapt within ever-changing environments to deliver richer, more connected experiences for their business and users.
Is Ciena a good buy?
Price To Earnings Ratio PE vs Industry: CIEN is good value based on its PE Ratio (24.1x) compared to the US Communications industry average (32.2x). PE vs Market: CIEN is poor value based on its PE Ratio (24.1x) compared to the US market (17.9x).
Is Ciena overvalued?
Because Ciena is relatively overvalued, the long-term return of its stock is likely to be lower than its business growth, which averaged 11.2% over the past five years. Link: These companies may deliever higher future returns at reduced risk. Its growth ranks better than 80% of the companies in Hardware industry.
What sells Ciena?
Ciena specializes in high-performance telecommunications and networking equipment to support the delivery and transport of voice, video and data services. From Carrier Ethernet Delivery to Packet-Optical Switching and Transport, Ciena combines scalability and reliability.
Does Ciena make routers?
Ciena’s family of coherent aggregation routers and switches are changing the edge as customers demand savings in power, colling, and transport costs.
Is Ciena a router?
Coherent Aggregation Router Ciena’s family of coherent aggregation routers and switches are changing the edge as customers demand savings in power, colling, and transport costs.
Is Ciena undervalued?
According to my valuation model, Ciena seems to be fairly priced at around 11% below my intrinsic value, which means if you buy Ciena today, you’d be paying a reasonable price for it. In addition to this, Ciena has a low beta, which suggests its share price is less volatile than the wider market.
