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Ciena Corporation (CIEN)

NYSE - Nasdaq Real Time Price. Currency in USD
49.55-0.94 (-1.86%)
As of 02:56PM EDT. Market open.
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Bearishpattern detected
Double Moving Average Crossover

Double Moving Average Crossover

Previous Close50.49
Open50.39
Bid49.53 x 900
Ask49.56 x 800
Day's Range49.47 - 50.46
52 Week Range39.94 - 63.24
Volume792,384
Avg. Volume2,144,390
Market Cap7.165B
Beta (5Y Monthly)1.01
PE Ratio (TTM)32.18
EPS (TTM)1.54
Earnings DateJun 04, 2024 - Jun 10, 2024
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est59.25
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-17% Est. Return

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Related Research
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    The Argus Mid-Cap Model PortfolioSmall- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from global events. As well, the prices of SMID stocks generally are lower than the prices of large-caps. As well, there are long stretches in the record books when SMID stocks have outperformed large-caps. That said, SMID stocks can be risky. The standard deviation for monthly returns was 5.7% for SMID stocks over a 2003-2021 test period, versus 4.3% for large-caps. Still, despite the risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record.
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