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The price of Ceragon Networks Ltd (NASDAQ: CRNT) closed at $2.60 in the last session, down -6.81% from day before closing price of $2.79. In other words, the price has decreased by -$6.81 from its previous closing price. On the day, 2.08 million shares were traded.
Ratios:
We take a closer look at CRNT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, ROTH MKM on October 28, 2024, initiated with a Buy rating and assigned the stock a target price of $4.50.
On September 16, 2021, Aegis Capital started tracking the stock assigning a Buy rating and target price of $6.
Needham Upgraded its Hold to Buy on May 04, 2021, while the target price for the stock was maintained at $4.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 18 ’25 when Alvarez Murillo Carlos Eduardo bought 18,146 shares for $3.46 per share.
Klomek Alon bought 23,743 shares of CRNT for $82,151 on Feb 18 ’25. On Dec 13 ’24, another insider, Ripstein David, who serves as the Director of the company, bought 7,070 shares for $4.74 each.
Valuation Measures:
As of this moment, Ceragon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.56, and their Forward P/E ratio for the next fiscal year is 6.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.42.
Stock Price History:
Over the past 52 weeks, CRNT has reached a high of $5.73, while it has fallen to a 52-week low of $2.33. The 50-Day Moving Average of the stock is -39.61%, while the 200-Day Moving Average is calculated to be -19.08%.
Shares Statistics:
A total of 85.87M shares are outstanding, with a floating share count of 63.52M. Insiders hold about 26.03% of the company’s shares, while institutions hold 21.00% stake in the company.
Earnings Estimates
The current rating of Ceragon Networks Ltd (CRNT) reflects the combined expertise of 3.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.05, with high estimates of $0.06 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.32 and $0.24 for the fiscal current year, implying an average EPS of $0.29. EPS for the following year is $0.41, with 2.0 analysts recommending between $0.42 and $0.4.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $87.14M. It ranges from a high estimate of $88.7M to a low estimate of $86M. As of the current estimate, Ceragon Networks Ltd’s year-ago sales were $88.5MFor the next quarter, 3 analysts are estimating revenue of $94.08M. There is a high estimate of $95.13M for the next quarter, whereas the lowest estimate is $92M.
A total of 3 analysts have provided revenue estimates for CRNT’s current fiscal year. The highest revenue estimate was $403.8M, while the lowest revenue estimate was $391M, resulting in an average revenue estimate of $399.45M. In the same quarter a year ago, actual revenue was $394.19MBased on 2 analysts’ estimates, the company’s revenue will be $428.98M in the next fiscal year. The high estimate is $429.2M and the low estimate is $428.76M.
