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Ciena Corp.

NYS: CIEN

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After Hours

 --Quotes are delayed by 20 min

Aug 3, 2020, 6:52 p.m.

/zigman2/quotes/208745450/composite

$

59.73

Change

-0.20 -0.33%

Volume

Volume 51,977

Quotes are delayed by 20 min

/zigman2/quotes/208745450/composite

Previous close

$ 59.51

$ 59.93

Change

+0.42 +0.71%

Day low

Day high

$59.52

$60.44

Open

52 week low

52 week high

$30.58

$60.44

Open

Company Description

Ciena Corp. engages in the provision of network and communication infrastructure. It operates through the following segments: Converged Packet Optical; Packet Networking; Optical Transport; and Software and Services. The Converged Packet Optical segment develops and sells optical processors, switchi...

Ciena Corp. engages in the provision of network and communication infrastructure. It operates through the following segments: Converged Packet Optical; Packet Networking; Optical Transport; and Software and Services. The Converged Packet Optical segment develops and sells optical processors, switching systems and operating system software. The Packet Networking segment includes service delivery switches, services aggregation switches, and ethernet packet configurations. The Optical Transport segment manufactures and trades optical transport systems, common photonic layer, data networking products, data center interconnection and virtual networks. The Software and Services segment provides wide area network controller, network functions virtualization platform, and software applications. The company was founded by Patrick H. Nettles in November 1992 and is headquartered in Hanover, MD.

Valuation

P/E Current

37.01

P/E Ratio (with extraordinary items)

28.76

P/E Ratio (without extraordinary items)

23.08

Price to Sales Ratio

1.64

Price to Book Ratio

2.64

Price to Cash Flow Ratio

14.20

Enterprise Value to EBITDA

11.24

Enterprise Value to Sales

1.57

Total Debt to Enterprise Value

0.14

Efficiency

Revenue/Employee

559,632.00

Income Per Employee

39,705.00

Receivables Turnover

4.33

Total Asset Turnover

0.93

Liquidity

Current Ratio

2.80

Quick Ratio

2.39

Cash Ratio

1.20

Profitability

Gross Margin

42.56

Operating Margin

10.49

Pretax Margin

8.77

Net Margin

7.09

Return on Assets

6.63

Return on Equity

12.36

Return on Total Capital

13.33

Return on Invested Capital

9.05

Capital Structure

Total Debt to Total Equity

34.77

Total Debt to Total Capital

25.80

Total Debt to Total Assets

19.40

Long-Term Debt to Equity

34.32

Long-Term Debt to Total Capital

25.47

Officers and Executives

Name Age Officer Since Title
Dr. Patrick H. Nettles 75 1992 Executive Chairman
Mr. Gary B. Smith 57 1997 Director
Mr. James E. Moylan 68 2007 Chief Financial Officer & Senior Vice President
Mr. Stephen B. Alexander 60 1994 Chief Technology Officer & Senior VP-Products
Ms. Mary Yang - 2020 Chief Strategy Officer & Senior Vice President

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
07/27/2020 Patrick H. Nettles
Director
15,000   Disposition at $58.61 per share. 879,150
07/27/2020 Patrick H. Nettles
Director
5,000   Disposition at $58.62 per share. 293,100
07/23/2020 Gary B. Smith
President, CEO; Director
4,250   Disposition at $55.38 per share. 235,365
07/22/2020 Gary B. Smith
President, CEO; Director
4,250   Disposition at $54.41 per share. 231,242
07/20/2020 Patrick H. Nettles
Director
15,000   Disposition at $54.16 per share. 812,400
07/20/2020 Patrick H. Nettles
Director
5,000   Disposition at $54.16 per share. 270,800
07/20/2020 Andrew C. Petrik
VP, CONTROLLER
1,000   Disposition at $54.62 per share. 54,620
07/15/2020 David Marc Rothenstein
Sr. VP, General Counsel
2,500   Disposition at $54.11 per share. 135,275
07/15/2020 Scott A. McFeely
SVP, Networking Platforms
2,000   Disposition at $54.11 per share. 108,220
07/15/2020 Stephen B. Alexander
SVP, Chief Technology Officer
2,500   Disposition at $54.11 per share. 135,275
07/13/2020 James E. Moylan
SVP Finance, CFO
2,000   Disposition at $55.71 per share. 111,420
07/13/2020 Patrick H. Nettles
Director
5,000   Disposition at $54.66 per share. 273,300
07/13/2020 Patrick H. Nettles
Director
15,000   Disposition at $54.66 per share. 819,900
07/10/2020 Patrick H. Nettles
Director
5,000   Disposition at $54.73 per share. 273,650
07/10/2020 Patrick H. Nettles
Director
15,000   Disposition at $54.74 per share. 821,100
07/08/2020 Bruce L. Claflin
Director
18,600   Disposition at $56.22 per share. 1,045,692
07/08/2020 Patrick Terence Gallagher
Director
18,703   Disposition at $56.22 per share. 1,051,482
07/07/2020 Gary B. Smith
President, CEO; Director
4,250   Disposition at $56.34 per share. 239,445
07/07/2020 Scott A. McFeely
SVP, Networking Platforms
5,000   Disposition at $55.83 per share. 279,150
07/06/2020 Gary B. Smith
President, CEO; Director
4,250   Disposition at $56.65 per share. 240,762
/news/latest/company/us/cien

MarketWatch News on CIEN

  1. 10 Cheap Tech Stocks for When Valuation Finally Matters

    8:09 a.m. June 22, 2020

    - Barron's Online

  2. Ciena stock price target raised to $63 from $46 at Instinet

    8:04 a.m. June 5, 2020

    - Tomi Kilgore

  3. Ciena stock price target raised to $63 from $53 at J.P. Morgan

    7:03 a.m. June 5, 2020

    - Tomi Kilgore

  4. Ciena Earnings Top Estimates, but Stock Slides on Guidance Cut

    2:17 p.m. June 4, 2020

    - Barron's Online

  5. Ciena Q2 networking revenue $718.5 mln vs. $697.0 mln a year ago; FactSet consensus $698.6 mln

    7:07 a.m. June 4, 2020

    - Tomi Kilgore

  6. Ciena Q2 revenue $894.1 mln vs. $865.0 mln a year ago; FactSet consensus $880.4 mln

    7:06 a.m. June 4, 2020

    - Tomi Kilgore

  7. Ciena Q2 EPS 59 cents vs. 33 cents a year ago

    7:06 a.m. June 4, 2020

    - Tomi Kilgore

  8. Ciena Q2 adj. EPS 76 cents; FactSet consensus 49 cents

    7:06 a.m. June 4, 2020

    - Tomi Kilgore

  9. 5G Is Here. Will Anyone Care?

    11:04 a.m. June 1, 2020

    - Barron's Online

  10. Ciena downgraded to neutral from buy at B. Riley FBR

    7:46 a.m. May 13, 2020

    - Tomi Kilgore

  11. S&P 500 holds 2,900 mark, Nasdaq tags 10-week peak

    11:53 a.m. May 11, 2020

    - Michael Ashbaugh

  12. Why Marvell Technology Shares Look Good

    10:31 p.m. March 6, 2020

    - Barron's Online

  13. Loading more headlines...
/news/nonmarketwatch/company/us/cien

Other News on CIEN

  1. 7 Tech Stocks to Buy for the Next Round of Smartphones

    3:05 p.m. Aug. 3, 2020

    - InvestorPlace.com

  2. The Tech Analyst Who Screamed Buy TSM at $50!

    5:41 p.m. July 27, 2020

    - Zacks.com

  3. 4 Underappreciated Tech Stocks to Buy Now Before They Rise

    2:09 p.m. July 22, 2020

    - InvestorPlace.com

  4. Ciena +3.6% on bullish upgrade for revenue acceleration

    7:35 a.m. July 21, 2020

    - Seeking Alpha

  5. Is Ciena (CIEN) Stock Undervalued Right Now?

    11:50 a.m. July 14, 2020

    - Zacks.com

  6. 3 High-Performing Fiber Optic Stocks to Watch

    3:26 p.m. July 13, 2020

    - InvestorPlace.com

  7. Ciena (CIEN) Looks Good: Stock Adds 6.2% in Session

    11:31 a.m. July 7, 2020

    - Zacks.com

  8. Corvis Vs. Nikola: Another Cautionary Tale

    1:51 p.m. July 6, 2020

    - Seeking Alpha

  9. Market Recovery Optimism Prevails: 5 Tech Stocks to Buy

    7:10 a.m. July 3, 2020

    - Zacks.com

  10. Loading more headlines...

At a Glance

Ciena Corp.

7035 Ridge Road

Hanover, Maryland 21076

Phone

1 4106945700

Industry

Networking

Sector

Technology

Fiscal Year-end

10/2020

Revenue

$3.57B

Net Income

$253.43M

2019 Sales Growth

15.4%

Employees

6,383

/news/pressrelease/company/us/cien

Press Releases on CIEN

  1. Vodafone New Zealand Rolls Out 800G Technology with Ciena

    9:58 a.m. July 8, 2020

    - BusinessWire - BZX

  2. Ciena Appoints Hassan Ahmed to Board of Directors

    9:00 a.m. July 1, 2020

    - BusinessWire - BZX

  3. IEIC Welcomes Netskope as a Founding Member

    9:00 a.m. June 30, 2020

    - PR Newswire - PRF

  4. Ciena to Webcast Financial Community Event

    1:29 p.m. June 8, 2020

    - BusinessWire - BZX

  5. Ciena Falls on Q2 Figures

    12:49 p.m. June 4, 2020

    - Baystreet.ca

  6. Ciena Reports Fiscal Second Quarter 2020 Financial Results

    7:00 a.m. June 4, 2020

    - BusinessWire - BZX

  7. IEIC Welcomes Akamai as New Founding Member

    9:00 a.m. May 26, 2020

    - PR Newswire - PRF

  8. Undersea Cable Market - Big Changes to Have Big Impact

    7:36 a.m. May 21, 2020

    - HTF Market Intelligence

  9. Optical Transport Network Market: Study Navigating the Future Growth Outlook

    6:14 a.m. May 20, 2020

    - HTF Market Intelligence

  10. Loading more headlines...
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