Ciena Corporation (CIEN) Stock

About Ciena Corporation

Ciena Corporation is led by CEO Gary Smith, employs 9,080 people, headquartered in Hanover, US, publicly traded since 1997.

Ciena Corporation (CIEN) stock trades at $440.50 with a market capitalization of $62.35B. The stock is valued at a price-to-earnings (P/E) ratio of 84.71, price-to-book of 18.19, price-to-sales of 9.20. Over the past 52 weeks the stock has ranged between $147.36 and $637.51, and currently trades 30.9% below its 52-week high.

On profitability, Ciena Corporation generates a return on equity (ROE) of 22.82% — well above the market average, a sign of a high-quality business, return on capital employed of 12.84%, an operating margin of 8.19%, a net profit margin of 10.87%.

In its most recent fiscal year, Ciena Corporation reported annual revenue of $4.8B, net profit of $123.0M, revenue has compounded at 6.2% a year over the last five years, profit at -19.4% a year.

The balance sheet shows a debt-to-equity ratio of 0.08 — a conservative balance sheet with little leverage risk, a current ratio of 2.81, total assets of $5.9B, $1.1B in cash and equivalents.

CIEN has an average daily trading volume of 2,777,849 shares, a beta of 1.31 (more volatile than the overall market).