CIEN RSI Chart
Last 7 days
-4.2%
Last 30 days
-9.5%
Last 90 days
-12.8%
Trailing 12 Months
-7.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 4.4B | 0 | 0 | 0 |
2023 | 3.8B | 4.0B | 4.2B | 4.4B |
2022 | 3.7B | 3.8B | 3.7B | 3.6B |
2021 | 3.5B | 3.4B | 3.4B | 3.6B |
2020 | 3.6B | 3.7B | 3.7B | 3.5B |
2019 | 3.2B | 3.4B | 3.5B | 3.6B |
2018 | 2.8B | 2.8B | 2.9B | 3.1B |
2017 | 2.6B | 2.7B | 2.8B | 2.8B |
2016 | 2.5B | 2.5B | 2.6B | 2.6B |
2015 | 2.3B | 2.3B | 2.3B | 2.4B |
2014 | 2.2B | 2.2B | 2.3B | 2.3B |
2013 | 1.9B | 1.9B | 2.0B | 2.1B |
2012 | 1.7B | 1.8B | 1.8B | 1.8B |
2011 | 1.5B | 1.7B | 1.7B | 1.7B |
2010 | 798.6M | 944.6M | 1.1B | 1.2B |
2009 | 0 | 0 | 777.5M | 652.6M |
2008 | 0 | 0 | 0 | 902.4M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 15, 2024 | smith gary b | sold | -186,627 | 44.7976 | -4,166 | president, ceo |
Apr 15, 2024 | cumello joseph | sold | -144,355 | 45.74 | -3,156 | svp, general mgr. blue planet |
Apr 15, 2024 | rothenstein david m | sold | -160,090 | 45.74 | -3,500 | svp and chief strategy officer |
Apr 01, 2024 | diperna dino | sold | -24,308 | 49.61 | -490 | svp global r&d |
Apr 01, 2024 | smith gary b | sold | -205,767 | 49.3921 | -4,166 | president, ceo |
Apr 01, 2024 | phipps jason | sold | -138,511 | 49.61 | -2,792 | svp global sales and marketing |
Apr 01, 2024 | gage brodie | sold | -26,442 | 49.61 | -533 | svp global products & supply |
Mar 30, 2024 | nettles patrick h | sold (taxes) | -60,230 | 49.45 | -1,218 | executive chairman |
Mar 21, 2024 | gallagher patrick | acquired | - | - | 4,438 | - |
Mar 21, 2024 | kumar devinder | acquired | - | - | 4,438 | - |
Which funds bought or sold CIEN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 16, 2024 | Register Financial Advisors LLC | new | - | 33,041 | 33,041 | 0.02% |
Apr 16, 2024 | Trifecta Capital Advisors, LLC | sold off | -100 | -5,537 | - | -% |
Apr 16, 2024 | Moisand Fitzgerald Tamayo, LLC | unchanged | - | 62.00 | 693 | -% |
Apr 16, 2024 | Harbour Capital Advisors, LLC | added | 4.18 | 177,462 | 1,485,220 | 0.37% |
Apr 16, 2024 | Asset Dedication, LLC | unchanged | - | - | 4,000 | -% |
Apr 16, 2024 | Financial Management Professionals, Inc. | unchanged | - | 5,000 | 53,000 | 0.01% |
Apr 16, 2024 | CAMPBELL NEWMAN ASSET MANAGEMENT INC | added | 3.46 | 196,848 | 1,637,440 | 0.13% |
Apr 16, 2024 | Stratos Wealth Partners, LTD. | added | 2.93 | 32,729 | 282,805 | -% |
Apr 16, 2024 | MCF Advisors LLC | reduced | -97.93 | -10,645 | 248 | -% |
Apr 15, 2024 | EXCHANGE TRADED CONCEPTS, LLC | reduced | -58.15 | -4,474 | 3,808 | -% |
Unveiling Ciena Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Ciena Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CSCO | 193.5B | 57.2B | 14.4 | 3.38 | ||||
ANET | 81.1B | 5.9B | 38.85 | 13.84 | ||||
HPQ | 27.1B | 53.1B | 7.95 | 0.51 | ||||
HPE | 22.1B | 29.1B | 10.93 | 0.76 | ||||
LOGI | 12.4B | 4.2B | 25.61 | 2.93 | ||||
JNPR | 11.7B | 5.6B | 37.86 | 2.11 | ||||
MID-CAP | ||||||||
UI | 6.4B | 1.9B | 17.23 | 3.42 | ||||
BDC | 3.4B | 2.5B | 13.94 | 1.35 | ||||
LITE | 2.8B | 1.4B | -10.62 | 1.97 | ||||
SMALL-CAP | ||||||||
EXTR | 1.4B | 1.3B | 17.86 | 1.06 | ||||
AAOI | 460.0M | 217.6M | -8.21 | 2.11 | ||||
ADTN | 367.9M | 1.1B | -1.37 | 0.32 | ||||
ALOT | 129.2M | 148.1M | 27.52 | 0.87 | ||||
AIRG | 57.9M | 56.0M | -4.66 | 1.03 | ||||
AKTS | 49.3M | 29.7M | -0.71 | 1.66 |
Ciena Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -8.1% | 1,038 | 1,129 | 1,068 | 1,133 | 1,057 | 971 | 868 | 949 | 844 | 1,041 | 988 | 834 | 757 | 828 | 977 | 894 | 833 | 968 | 961 | 865 | 779 |
Gross Profit | -4.0% | 467 | 486 | 449 | 488 | 456 | 434 | 341 | 402 | 384 | 477 | 475 | 412 | 358 | 404 | 465 | 413 | 371 | 420 | 424 | 375 | 323 |
Operating Expenses | -3.2% | 382 | 395 | 371 | 385 | 371 | 356 | 314 | 343 | 324 | 340 | 326 | 279 | 282 | 311 | 277 | 286 | 293 | 326 | 299 | 294 | 275 |
S&GA Expenses | 3.6% | 128 | 124 | 118 | 125 | 124 | 122 | 106 | 120 | 119 | 130 | 115 | 110 | 97.00 | 113 | 95.00 | 101 | 107 | 117 | 104 | 104 | 98.00 |
R&D Expenses | -1.1% | 187 | 189 | 189 | 190 | 182 | 167 | 150 | 159 | 148 | 147 | 146 | 110 | 133 | 137 | 130 | 132 | 131 | 142 | 140 | 138 | 129 |
EBITDA Margin | -3.8% | 0.11* | 0.11* | 0.12* | 0.11* | 0.10* | 0.09* | 0.10* | 0.13* | 0.16* | 0.16* | 0.16* | 0.17* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -1.8% | 24.00 | 24.00 | 24.00 | 24.00 | 16.00 | 14.00 | 13.00 | 12.00 | 9.00 | 8.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 8.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
Income Taxes | 206.2% | 22.00 | -20.68 | 35.00 | 30.00 | 25.00 | 8.00 | 4.00 | 8.00 | 9.00 | 26.00 | -96.69 | 21.00 | 12.00 | 21.00 | 39.00 | 25.00 | 10.00 | 3.00 | 30.00 | 18.00 | 9.00 |
Earnings Before Taxes | 1.4% | 72.00 | 71.00 | 64.00 | 87.00 | 101 | 65.00 | 15.00 | 47.00 | 55.00 | 129 | 142 | 125 | 67.00 | 86.00 | 181 | 117 | 72.00 | 83.00 | 117 | 71.00 | 43.00 |
EBT Margin | -8.8% | 0.07* | 0.07* | 0.08* | 0.07* | 0.06* | 0.05* | 0.07* | 0.10* | 0.12* | 0.13* | 0.12* | 0.14* | - | - | - | - | - | - | - | - | - |
Net Income | -45.7% | 50.00 | 91.00 | 30.00 | 58.00 | 76.00 | 58.00 | 11.00 | 39.00 | 46.00 | 103 | 238 | 103 | 55.00 | 65.00 | 142 | 92.00 | 62.00 | 80.00 | 87.00 | 53.00 | 34.00 |
Net Income Margin | -10.1% | 0.05* | 0.06* | 0.05* | 0.05* | 0.05* | 0.04* | 0.05* | 0.11* | 0.13* | 0.14* | 0.14* | 0.11* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 44.5% | 249 | 173 | -16.70 | 202 | -295 | -38.42 | -227 | 87.00 | -80.21 | 243 | 53.00 | 194 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -0.1% | 5,593 | 5,601 | 5,723 | 5,776 | 5,672 | 5,070 | 4,901 | 4,964 | 4,900 | 4,865 | 4,656 | 4,388 | 4,187 | 4,181 | 4,055 | 3,857 | 3,831 | 3,893 | 3,776 | 3,687 | 3,618 |
Current Assets | 0.9% | 3,609 | 3,576 | 3,811 | 3,869 | 3,763 | 3,386 | 3,188 | 3,229 | 3,164 | 3,189 | 2,984 | 2,794 | 2,597 | 2,611 | 2,568 | 2,340 | 2,266 | 2,382 | 2,291 | 2,178 | 2,090 |
Cash Equivalents | 25.1% | 1,265 | 1,011 | 1,118 | 1,168 | 1,055 | 994 | 860 | 1,020 | 1,119 | 1,423 | 1,231 | 1,203 | 1,029 | 1,089 | 1,094 | 888 | 837 | 904 | 725 | 699 | 669 |
Inventory | -6.3% | 985 | 1,051 | 1,193 | 1,098 | 1,178 | 947 | 827 | 537 | 458 | 374 | 370 | 401 | 390 | 344 | 364 | 326 | 343 | 345 | 357 | 359 | 323 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 287 | 281 | 282 | 289 |
Goodwill | 0.1% | 445 | 445 | 447 | 446 | 447 | 328 | 329 | 329 | 323 | 18.00 | 312 | 312 | 311 | 311 | 311 | 310 | 311 | 13.00 | 298 | 298 | 298 |
Liabilities | -3.0% | 2,670 | 2,753 | 2,776 | 2,867 | 2,834 | 2,357 | 2,233 | 2,182 | 2,086 | 1,845 | 1,732 | 1,695 | 1,600 | 1,671 | 1,626 | 1,616 | 1,637 | 1,721 | 1,656 | 1,624 | 1,564 |
Current Liabilities | -9.7% | 841 | 932 | 966 | 1,058 | 1,018 | 1,041 | 915 | 869 | 760 | 909 | 827 | 783 | 685 | 761 | 720 | 713 | 733 | 846 | 791 | 769 | 701 |
Long Term Debt | 0.0% | 1,543 | 1,543 | 1,544 | 1,546 | 1,547 | 1,061 | - | - | - | 670 | - | - | - | 676 | - | - | - | 680 | - | - | - |
LT Debt, Current | 0% | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 7.00 | - | - | - | 7.00 | - | - | - | 7.00 | - | - | - | 7.00 | - | - | - |
LT Debt, Non Current | 0.0% | 1,543 | 1,543 | 1,544 | 1,546 | 1,547 | 1,061 | - | - | - | 670 | - | - | - | 676 | - | - | - | 680 | - | - | - |
Shareholder's Equity | 2.6% | 2,923 | 2,848 | 2,947 | 2,909 | 2,838 | 2,713 | 2,668 | 2,782 | 2,815 | 3,020 | 2,924 | 2,693 | 2,587 | 2,510 | 2,429 | 2,241 | 2,194 | 2,173 | 2,119 | 2,063 | 2,054 |
Retained Earnings | 1.5% | -3,327 | -3,377 | -3,468 | -3,498 | -3,555 | -3,632 | -3,689 | -3,700 | -3,739 | -3,785 | -3,888 | -4,126 | -4,229 | -4,283 | -4,348 | -4,490 | -4,582 | -4,644 | -4,724 | -4,811 | -4,864 |
Additional Paid-In Capital | 0.2% | 6,275 | 6,262 | 6,426 | 6,445 | 6,422 | 6,390 | 6,378 | 6,497 | 6,567 | 6,803 | 6,816 | 6,813 | 6,826 | 6,827 | 6,816 | 6,791 | 6,802 | 6,838 | 6,866 | 6,892 | 6,928 |
Shares Outstanding | 0.1% | 145 | 145 | 149 | 149 | 149 | 148 | 150 | 152 | 154 | 155 | 155 | 155 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 6,800 | - | - | - | 8,300 | - | - | - | 7,800 | - | - | - | 7,100 | - | - | - | 6,000 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 36.1% | 266 | 195 | 9.00 | 230 | -265 | -14.51 | -205 | 107 | -54.41 | 255 | 69.00 | 225 | -7.32 | 187 | 175 | 91.00 | 40.00 | 240 | 83.00 | 104 | -14.10 |
Share Based Compensation | 7.9% | 38.00 | 35.00 | 33.00 | 32.00 | 31.00 | 27.00 | 27.00 | 27.00 | 24.00 | 21.00 | 22.00 | 22.00 | 19.00 | 17.00 | 17.00 | 18.00 | 16.00 | 15.00 | 15.00 | 16.00 | 14.00 |
Cashflow From Investing | 118.5% | 18.00 | -98.12 | -8.07 | -101 | -176 | 186 | 196 | -102 | -380 | -24.60 | -17.94 | -13.85 | -34.32 | -183 | 22.00 | -3.56 | -54.93 | -11.70 | -13.89 | -19.75 | 69.00 |
Cashflow From Financing | 82.4% | -34.72 | -197 | -53.03 | -12.62 | 492 | -23.03 | -147 | -97.58 | 135 | -36.65 | -22.35 | -37.20 | -20.63 | -8.47 | 5.00 | -32.92 | -51.02 | -49.03 | -43.76 | -53.56 | -132 |
Buy Backs | -79.3% | 38.00 | 184 | 58.00 | - | - | 13.00 | 155 | 83.00 | 250 | - | - | - | - | - | - | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Jan. 27, 2024 | Jan. 28, 2023 | |
Revenue: | ||
Total revenue | $ 1,037,709 | $ 1,056,521 |
Cost of goods sold: | ||
Total cost of goods sold | 570,747 | 600,575 |
Gross profit | 466,962 | 455,946 |
Operating expenses: | ||
Research and development | 187,269 | 181,730 |
Selling and marketing | 128,158 | 123,807 |
General and administrative | 54,683 | 50,896 |
Significant asset impairments and restructuring costs | 4,971 | 4,298 |
Amortization of intangible assets | 7,252 | 7,441 |
Acquisition and integration costs | 0 | 2,558 |
Total operating expenses | 382,333 | 370,730 |
Income from operations | 84,629 | 85,216 |
Interest and other income, net | 10,650 | 31,973 |
Interest expense | (23,776) | (15,870) |
Income before income taxes | 71,503 | 101,319 |
Provision for income taxes | 21,956 | 25,078 |
Net income | $ 49,547 | $ 76,241 |
Basic net income per common share (in dollars per share) | $ 0.34 | $ 0.51 |
Diluted net income per potential common share (in dollars per share) | $ 0.34 | $ 0.51 |
Weighted average basic common shares outstanding (in shares) | 145,291 | 149,081 |
Weighted average dilutive potential common shares outstanding (in shares) | 145,848 | 149,551 |
Products | ||
Revenue: | ||
Total revenue | $ 835,777 | $ 877,715 |
Cost of goods sold: | ||
Total cost of goods sold | 466,472 | 500,337 |
Services | ||
Revenue: | ||
Total revenue | 201,932 | 178,806 |
Cost of goods sold: | ||
Total cost of goods sold | $ 104,275 | $ 100,238 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jan. 27, 2024 | Oct. 28, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 1,264,751 | $ 1,010,618 |
Short-term investments | 106,678 | 104,753 |
Accounts receivable, net of allowance for credit losses of $14.3 million and $11.7 million as of January 27, 2024 and October 28, 2023, respectively. | 865,239 | 1,003,876 |
Inventories, net | 984,886 | 1,050,838 |
Prepaid expenses and other | 387,193 | 405,694 |
Total current assets | 3,608,747 | 3,575,779 |
Long-term investments | 103,862 | 134,278 |
Equipment, building, furniture and fixtures, net | 280,357 | 280,147 |
Operating right-of-use assets | 35,679 | 35,140 |
Goodwill | 445,084 | 444,765 |
Other intangible assets, net | 195,682 | 205,627 |
Deferred tax asset, net | 814,098 | 809,306 |
Other long-term assets | 109,701 | 116,453 |
Total assets | 5,593,210 | 5,601,495 |
Current liabilities: | ||
Accounts payable | 316,094 | 317,828 |
Accrued liabilities and other short-term obligations | 329,910 | 431,419 |
Deferred revenue | 166,714 | 154,419 |
Operating lease liabilities | 16,888 | 16,655 |
Current portion of long-term debt | 11,700 | 11,700 |
Total current liabilities | 841,306 | 932,021 |
Long-term deferred revenue | 76,556 | 74,041 |
Other long-term obligations | 176,313 | 170,407 |
Long-term operating lease liabilities | 32,418 | 33,259 |
Long-term debt, net | 1,543,118 | 1,543,406 |
Total liabilities | 2,669,711 | 2,753,134 |
Commitments and contingencies (Note 19) | ||
Stockholders’ equity: | ||
Preferred stock – par value $0.01; 20,000,000 shares authorized; zero shares issued and outstanding | 0 | 0 |
Common stock – par value $0.01; 290,000,000 shares authorized; 144,946,510 and 144,829,938 shares issued and outstanding | 1,449 | 1,448 |
Additional paid-in capital | 6,274,773 | 6,262,083 |
Accumulated other comprehensive loss | (24,867) | (37,767) |
Accumulated deficit | (3,327,856) | (3,377,403) |
Total stockholders’ equity | 2,923,499 | 2,848,361 |
Total liabilities and stockholders’ equity | $ 5,593,210 | $ 5,601,495 |
 | Mr. Gary B. Smith |
---|---|
 | ciena.com |
 | Computer Hardware |
 | 8623 |