Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, CIENA Corp (NYSE: CIEN) closed at $72.22 down -0.30% from its previous closing price of $72.44. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 2.77 million shares were traded.
Ratios:
For a deeper understanding of CIENA Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.98. For the most recent quarter (mrq), Quick Ratio is recorded 2.57 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.56.
On January 28, 2025, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $84 to $88.
BofA Securities Upgraded its Neutral to Buy on December 13, 2024, whereas the target price for the stock was revised from $70 to $95.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 02 ’25 when SMITH GARY B sold 6,800 shares for $80.62 per share. The transaction valued at 548,203 led to the insider holds 355,280 shares of the business.
SMITH GARY B sold 6,800 shares of CIEN for $543,252 on May 15 ’25. The President, CEO now owns 362,080 shares after completing the transaction at $79.89 per share. On May 15 ’25, another insider, Gage Brodie, who serves as the SVP Global Products & Supply of the company, sold 350 shares for $78.67 each. As a result, the insider received 27,534 and left with 46,233 shares of the company.
Valuation Measures:
As of this moment, CIENA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 100.60, and their Forward P/E ratio for the next fiscal year is 21.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.39 while its Price-to-Book (P/B) ratio in mrq is 3.69.
Stock Price History:
Over the past 52 weeks, CIEN has reached a high of $101.44, while it has fallen to a 52-week low of $44.89. The 50-Day Moving Average of the stock is 2.40%, while the 200-Day Moving Average is calculated to be 0.72%.
Shares Statistics:
A total of 141.69M shares are outstanding, with a floating share count of 138.85M. Insiders hold about 1.78% of the company’s shares, while institutions hold 96.59% stake in the company.
