ciena corp. - CIEN

CIEN

Close Chg Chg %
92.09 1.01 1.10%

Closed Market

93.10

+1.01 (1.10%)

Volume: 2.94M

Last Updated:

Feb 6, 2025, 3:59 PM EDT

Company Overview: ciena corp. - CIEN

CIEN Key Data

Open

$93.70

Day Range

91.59 - 94.77

52 Week Range

43.30 - 101.44

Market Cap

$13.09B

Shares Outstanding

142.12M

Public Float

139.64M

Beta

0.88

Rev. Per Employee

N/A

P/E Ratio

160.08

EPS

$0.58

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

2.81M

 

CIEN Performance

1 Week
 
6.86%
 
1 Month
 
13.22%
 
3 Months
 
29.50%
 
1 Year
 
64.12%
 
5 Years
 
118.39%
 

CIEN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 18
Full Ratings ➔

About ciena corp. - CIEN

Ciena Corp. is a network technology company, which engages in providing hardware, software, and services to a wide range of network operators and enabling enhanced network capacity, service delivery, and automation. It operates through the following segments: Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. The Networking Platforms segment consists of converged packet optical and packet networking portfolios. The Platform Software and Services segment provides analytics, data, and planning tools to assist customers in managing its networking platforms products. The Blue Planet Automation Software and Services segment enables customers to implement large-scale software and IT-led OSS transformations by transforming legacy networks into service ready networks. The Global Services segment offers a broad suite of value-added services. The company was founded by Patrick H. Nettles and Kevin Brian Kimberlin in 1992 and is headquartered in Hanover, MD.

CIEN At a Glance

Ciena Corp.
7035 Ridge Road
Hanover, Maryland 21076
Phone 1-410-694-5700 Revenue 4.01B
Industry Telecommunications Equipment Net Income 83.96M
Sector Electronic Technology Employees 8,657
Fiscal Year-end 10 / 2025
View SEC Filings

CIEN Valuation

P/E Current 160.083
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 111.213
Price to Sales Ratio 2.326
Price to Book Ratio 3.241
Price to Cash Flow Ratio 18.238
Enterprise Value to EBITDA 29.932
Enterprise Value to Sales 2.421
Total Debt to Enterprise Value 0.168

CIEN Efficiency

Revenue/Employee 463,781.333
Income Per Employee 9,698.048
Receivables Turnover 3.213
Total Asset Turnover 0.714

CIEN Liquidity

Current Ratio 3.524
Quick Ratio 2.704
Cash Ratio 1.251

CIEN Profitability

Gross Margin 39.781
Operating Margin 4.762
Pretax Margin 2.985
Net Margin 2.091
Return on Assets 1.494
Return on Equity 2.964
Return on Total Capital 1.887
Return on Invested Capital 1.889

CIEN Capital Structure

Total Debt to Total Equity 57.961
Total Debt to Total Capital 36.693
Total Debt to Total Assets 28.934
Long-Term Debt to Equity 56.876
Long-Term Debt to Total Capital 36.006
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ciena Corp. - CIEN

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
3.62B 3.63B 4.39B 4.01B
Sales Growth
+2.51% +0.33% +20.75% -8.47%
Cost of Goods Sold (COGS) incl D&A
2.02B 2.20B 2.64B 2.42B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
132.27M 140.20M 142.18M 133.47M
Depreciation
96.23M 95.92M 92.56M 92.85M
Amortization of Intangibles
36.03M 44.28M 49.62M 40.62M
COGS Growth
+1.11% +9.02% +19.85% -8.33%
Gross Income
1.60B 1.43B 1.75B 1.60B
Gross Income Growth
+4.32% -10.62% +22.14% -8.68%
Gross Profit Margin
+44.25% +39.42% +39.87% +39.78%
2021 2022 2023 2024 5-year trend
SG&A Expense
1.07B 1.18B 1.36B 1.41B
Research & Development
440.43M 528.73M 658.00M 674.65M
Other SG&A
634.09M 650.15M 706.09M 739.31M
SGA Growth
+5.14% +9.71% +15.71% +3.66%
Other Operating Expense
- - (4.20M) (8.00M)
-
Unusual Expense
20.96M 34.32M 12.71M 23.21M
EBIT after Unusual Expense
506.53M 222.91M 372.14M 167.99M
Non Operating Income/Expense
(12.94M) 6.64M 39.54M 48.88M
Non-Operating Interest Income
2.05M 10.06M 45.01M 62.12M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
30.84M 47.05M 88.03M 97.03M
Interest Expense Growth
-1.55% +52.58% +87.09% +10.23%
Gross Interest Expense
30.84M 47.05M 88.03M 97.03M
Interest Capitalized
- - - -
-
Pretax Income
462.75M 182.50M 323.65M 119.85M
Pretax Income Growth
+1.49% -60.56% +77.34% -62.97%
Pretax Margin
+12.78% +5.02% +7.38% +2.99%
Income Tax
(37.45M) 29.60M 68.83M 35.89M
Income Tax - Current - Domestic
94.00M 37.77M 55.40M 84.31M
Income Tax - Current - Foreign
25.02M 19.34M 28.28M 28.39M
Income Tax - Deferred - Domestic
(33.49M) (29.51M) (25.36M) (57.17M)
Income Tax - Deferred - Foreign
(122.98M) 2.01M 10.51M (19.64M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
500.20M 152.90M 254.83M 83.96M
Minority Interest Expense
- - - -
-
Net Income
500.20M 152.90M 254.83M 83.96M
Net Income Growth
+38.45% -69.43% +66.66% -67.05%
Net Margin Growth
+13.81% +4.21% +5.81% +2.09%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
500.20M 152.90M 254.83M 83.96M
Preferred Dividends
- - - -
-
Net Income Available to Common
500.20M 152.90M 254.83M 83.96M
EPS (Basic)
3.2213 1.0112 1.7106 0.5802
EPS (Basic) Growth
+37.56% -68.61% +69.17% -66.08%
Basic Shares Outstanding
155.28M 151.21M 148.97M 144.72M
EPS (Diluted)
3.1912 1.0047 1.7059 0.5752
EPS (Diluted) Growth
+37.75% -68.52% +69.79% -66.28%
Diluted Shares Outstanding
156.74M 152.19M 149.38M 145.96M
EBITDA
659.76M 397.43M 527.03M 324.68M
EBITDA Growth
+2.10% -39.76% +32.61% -38.39%
EBITDA Margin
+18.22% +10.94% +12.01% +8.09%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 89.80
Number of Ratings 18 Current Quarters Estimate 0.518
FY Report Date 04 / 2025 Current Year's Estimate 2.412
Last Quarter’s Earnings 0.426 Median PE on CY Estimate N/A
Year Ago Earnings 1.82 Next Fiscal Year Estimate 3.433
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 15 16 14
Mean Estimate 0.52 0.64 2.41 3.43
High Estimates 0.68 0.80 2.90 3.95
Low Estimate 0.40 0.57 2.27 3.13
Coefficient of Variance 13.43 9.08 7.86 7.62

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 8 6
OVERWEIGHT 3 3 2
HOLD 7 7 10
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Ciena Corp. - CIEN

Date Name Shares Transaction Value
Dec 31, 2024 Dino DiPerna SVP Global R&D 51,948 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $87.64 per share 4,552,722.72
Dec 31, 2024 Dino DiPerna SVP Global R&D 50,607 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $87.64 per share 4,435,197.48
Dec 31, 2024 Brodie Gage SVP Global Products & Supply 49,897 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $87.64 per share 4,372,973.08
Oct 11, 2024 Dino DiPerna SVP Global R&D 39,809 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $58.73 per share 2,337,982.57
Oct 11, 2024 Dino DiPerna SVP Global R&D 39,079 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $58.73 per share 2,295,109.67
Oct 11, 2024 Dino DiPerna SVP Global R&D 38,760 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $58.73 per share 2,276,374.80
Jul 18, 2024 David Marc Rothenstein SVP and Chief Strategy Officer 212,421 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $48.81 per share 10,368,269.01
Jul 18, 2024 Joe Cumello SVP, General Mgr. Blue Planet 45,974 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $48.81 per share 2,243,990.94
Jul 4, 2024 Jason M. Phipps SVP Global Sales and Marketing 96,000 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $48.29 per share 4,635,840.00
Jun 25, 2024 Gary B. Smith President, CEO; Director 367,553 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $46.96 per share 17,260,288.88
Jun 25, 2024 Gary B. Smith President, CEO; Director 370,486 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $46.96 per share 17,398,022.56
Jun 25, 2024 Gary B. Smith President, CEO; Director 362,876 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $46.96 per share 17,040,656.96
Jun 25, 2024 James E. Moylan SVP Finance, CFO 275,960 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $46.96 per share 12,959,081.60
Jun 25, 2024 James E. Moylan SVP Finance, CFO 274,361 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $46.96 per share 12,883,992.56
Jun 25, 2024 James E. Moylan SVP Finance, CFO 274,050 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $46.96 per share 12,869,388.00
Jun 25, 2024 David Marc Rothenstein SVP and Chief Strategy Officer 216,907 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $46.96 per share 10,185,952.72
Jun 25, 2024 Brodie Gage SVP Global Products & Supply 39,276 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $46.96 per share 1,844,400.96
Jun 25, 2024 Andrew C. Petrik VP, CONTROLLER 30,725 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $46.96 per share 1,442,846.00
Jun 25, 2024 David Marc Rothenstein SVP and Chief Strategy Officer 215,921 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $46.96 per share 10,139,650.16
Jun 25, 2024 Joe Cumello SVP, General Mgr. Blue Planet 48,261 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $46.96 per share 2,266,336.56

Ciena Corp. in the News