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The closing price of CIENA Corp (NYSE: CIEN) was $79.43 for the day, up 0.10% from the previous closing price of $79.35. In other words, the price has increased by $0.10 from its previous closing price. On the day, 1.82 million shares were traded.
Ratios:
Our analysis of CIEN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.47. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 16 ’25 when SMITH GARY B sold 6,800 shares for $74.19 per share. The transaction valued at 504,458 led to the insider holds 348,480 shares of the business.
Rothenstein David M sold 2,500 shares of CIEN for $185,328 on Jun 16 ’25. The SVP and Chief Strategy Officer now owns 199,870 shares after completing the transaction at $74.13 per share. On Jun 16 ’25, another insider, Gage Brodie, who serves as the SVP Global Products & Supply of the company, sold 350 shares for $72.60 each. As a result, the insider received 25,410 and left with 45,883 shares of the company.
Valuation Measures:
As of this moment, CIENA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 110.64, and their Forward P/E ratio for the next fiscal year is 23.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.63 while its Price-to-Book (P/B) ratio in mrq is 4.05.
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 7.99%, while the 200-Day Moving Average is calculated to be 9.46%.
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.
