Quarterly Financial Watch for Ciena Corporation (NYSE:CIEN)

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Quarterly Sales and EPS Roundup:

Ciena Corporation (CIEN) reported sales (ttm) of 2.65 Billion, whereas, 20 number of analysts estimated the mean sale of 695.76 million. The analysts estimated sales for the higher end at 715 million and lower end at 685.4 million while the year ago reported sale was 684.98 million.

20 number of analysts have estimated the sales of the company for the quarter ending May 31, 2017- Jun 5, 2017, analysts estimated mean sale target of 723.91 million while high and low sale targets are estimated at 735 million and 710.46 million respectively.

Ciena Corporation (CIEN) reported earning per shares for the quarter ending Mar 08 BMO at 0.26, whereas, 22 number of analysts estimated the mean EPS at 0.37. The analysts estimated EPS for the higher end at 0.42 and lower end at 0.33 while the year ago reported earnings per share was 0.39.

The company has mean EPS estimate of 0.49 reported by 22 number of analyst for the quarter ending May 31, 2017- Jun 5, 2017. The analysts estimated mean EPS at 0.49 while the high and low EPS estimate stand at 0.55 and 0.44 respectively. In contrast to the year ago quarter EPS was at 0.45. EPS long term mean growth rate estimated by 4 analysts is at 16.45%, whereas, the high and low Long term growth rate estimated at 20 and 15.

Valuation Ratios of Ciena Corporation (CIEN) versus the Industry and Sector:

Let’s have a look at some of the important valuation ratios of the Ciena Corporation (CIEN). These ratios are important while doing valuation of the company or the shares of the company.

Ciena Corporation (CIEN) currently has P/E (Price to Earnings) ratio of 39.66 while the company’s industry has 21.42 P/E and the sector P/E is 19.52. Similarly, the company’s last 5 years high P/E ratio is 248.51 and low P/E is 40.24, whereas, the industry’s and sector’s  high P/E for the past year is 52.5 and 22.24 respectively and low P/E ratio for the last 5 years is 7.26 for the industry and 9.47 for the Sector.

Beta is also an important valuation ratio for analyzing the stock of the company, CIEN has Beta of 1.69 while its industry and Sector’s beta remains at 0.62 and 1.43 respectively.

Price to Sale ratio of CIEN stands at 1.16 while Price to Book Ratio stands at 3.84. Its Price to Cash Flow ratio shows the value of 13.32, whereas, the industry and sector ratio of Price to Cash Flow ticked at 8.92 and 14.41 respectively.

5 Year Growth Rate Analysis:

Growth rates are very important while analyzing the long term growth and valuation of a certain company.

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Ciena Corporation (CIEN) stands at 8.34 while the industry’s and the sector’s growth for next 5 years ticked at 2.15 and 4.7 respectively. The company’s 5 year Earnings per share growth and Capital Spending growth remains at 0 and 15.4.

Ciena Corporation (CIEN) Trading Statistics:

The company surged 0.78% and closed its last trading session at $21.71. The market capitalization of the company is at $3.09 Billion. The stock touched 52-week High of $26.84 on 03/01/17 and 52-week Low of $15.62 on 05/13/16. The stock currently has Weekly Volatility of 2.50% and Monthly Volatility of 2.28%. The Beta for the company stands at 1.69 and its Average True Range (ATR) shows a value of 0.53.

 

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