After finishing at $2.91 in the prior trading day, Ceragon Networks Ltd (NASDAQ: CRNT) closed at $2.77, down -4.81%. On the day, 832202 shares were traded.
Ratios:
Our goal is to gain a better understanding of CRNT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Aegis Capital on September 16, 2021, initiated with a Buy rating and assigned the stock a target price of $6.
On May 04, 2021, Needham Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $4.50.
Valuation Measures:
As of this moment, Ceragon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.00, and their Forward P/E ratio for the next fiscal year is 6.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 1.77.
Stock Price History:
Over the past 52 weeks, CRNT has reached a high of $3.38, while it has fallen to a 52-week low of $1.56.
Shares Statistics:
A total of 85.42M shares are outstanding, with a floating share count of 70.12M. Insiders hold about 18.04% of the company’s shares, while institutions hold 13.19% stake in the company.
Earnings Estimates
Its stock is currently analyzed by CRPT different market analysts. The consensus estimate for the next quarter is $12.11, with high estimates of $15.98 and low estimates of $2.77.
Analysts are recommending an EPS of between $Industrials and $Technology for the fiscal current year, implying an average EPS of $Technology.
