Head-To-Head Review: Ciena Corporation (CIEN) & The Competition
Ciena Corporation (NYSE: CIEN) is one of 68 public companies in the “Communications & Networking” industry, but how does it compare to its peers? We will compare Ciena Corporation to similar businesses based on the strength of its risk, valuation, profitability, dividends, analyst recommendations, earnings and institutional ownership.
Earnings and Valuation
This table compares Ciena Corporation and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Ciena Corporation||$2.60 billion||$72.58 million||21.67|
|Ciena Corporation Competitors||$3.30 billion||$346.33 million||-7.18|
Ciena Corporation’s peers have higher revenue and earnings than Ciena Corporation. Ciena Corporation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
This is a breakdown of recent ratings and recommmendations for Ciena Corporation and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Ciena Corporation Competitors||372||2403||3969||157||2.57|
Ciena Corporation presently has a consensus price target of $29.50, indicating a potential upside of 47.94%. As a group, “Communications & Networking” companies have a potential upside of 15.85%. Given Ciena Corporation’s stronger consensus rating and higher probable upside, research analysts plainly believe Ciena Corporation is more favorable than its peers.
Insider and Institutional Ownership
64.6% of shares of all “Communications & Networking” companies are owned by institutional investors. 1.5% of Ciena Corporation shares are owned by company insiders. Comparatively, 12.1% of shares of all “Communications & Networking” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Risk and Volatility
Ciena Corporation has a beta of 1.64, indicating that its share price is 64% more volatile than the S&P 500. Comparatively, Ciena Corporation’s peers have a beta of 1.13, indicating that their average share price is 13% more volatile than the S&P 500.
This table compares Ciena Corporation and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Ciena Corporation Competitors||-2.56%||-6.44%||0.14%|
Ciena Corporation beats its peers on 8 of the 13 factors compared.
Ciena Corporation Company Profile
Ciena Corporation is a network strategy and technology company, which provides solutions that enable a range of network operators to adopt communication architectures and deliver an array of services, relied upon by enterprise and consumer end users. It provides equipment, software and services that support the transport, switching, aggregation, service delivery and management of voice, video and data traffic on communications networks. It segments include Networking Platforms; Software and Software-Related Services, and Global Services. The Networking Platforms segment consists of Converged Packet Optical, Packet Networking and Optical Transport product portfolios. The software business is engaged in the development and licensing of element and network management software and software-related services that support its hardware offerings. It offers a suite of consulting and support services that help its customers to design, optimize, deploy and maintain their communications networks.
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