Ciena Corp is UNDERVALUED at 65.32 per share with modest projections ahead.
Our investment recommendation tool can be used to complement Ciena Corp trade advice provided by
experts. It analyzes the company's potential to grow against your specific risk preferences and investment horizon.
What is the right price you would pay to acquire a share of Ciena Corp? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with Ciena Corp this year
Annual and quarterly reports issued by Ciena Corp are formal
financial statements that are published yearly and quarterly and sent to Ciena stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Ciena Corp often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
Ciena Corp Gross Profit
Ciena Corp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Ciena Corp previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Ciena Corp Gross Profit growth over the last 10 years. Please check Ciena Corp's
gross profit and other
fundamental indicators for more details.
What is driving Ciena Corp Investor Appetite?
Earning per share calculations of the firm is based on official Zacks consensus of 5 analysts regarding Ciena Corp's future annual earnings. Given the historical accuracy of 95.66%, the future earnings per share of the company is estimated to be 2.66 with the lowest and highest values of 2.48 and 2.87, respectively. Please note that this consensus of annual earnings estimates for Ciena Corp is an estimate of EPS before non-recurring items and including employee stock options expenses.
Is Ciena a risky opportunity?
Let's check the volatility. Ciena is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Ciena (NYSE:CIEN) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. picking up a share of a Ciena Corp stock makes you a part-owner of that company.
Ciena Corp Current Consensus
Here is the latest trade recommendation based on an ongoing consensus estimate among financial analysis covering Ciena Corp. The Ciena consensus assessment is calculated by taking the average estimates from all of the analysts covering Ciena Corp
| Strong Buy | 5 | 45.45 |
| Buy | 3 | 27.27 |
| Hold | 3 | 27.27 |
| Sell | 0 | 0.0 |
| Strong Sell | 0 | 0.0 |
Ciena may start a reversion in July
The risk adjusted performance is down to -0.19 as of today. Ciena Corp exhibits very low volatility with skewness of -0.53 and kurtosis of 1.64. However, we advise investors to further study Ciena Corp technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ciena Corp's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ciena Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Ciena Corp Implied Volatility
Ciena Corp's implied volatility exposes the market's sentiment of Ciena Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ciena Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ciena Corp stock will not fluctuate a lot when Ciena Corp's options are near their expiration.
Our Final Take On Ciena Corp
Whereas some firms within the communication equipment industry are still a little expensive, even after the recent corrections, Ciena Corp may offer a potential longer-term growth to institutional investors. To sum up, as of the 1st of June 2022, our primary 90 days buy-or-sell advice on the company is
Hold. We believe Ciena Corp is
undervalued with
low odds of financial turmoil for the next two years.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Ciena Corp. Please refer to our
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