Corero Network Security (CNS) Share Price, News & Analysis

Company Overview

Corero Network Security plc provides distributed denial of service (DDoS) protection solutions worldwide. The company offers SmartWall DDoS protection solutions that are designed to protect business continuity, service availability, revenues, and brand reputations from harmful DDoS attacks. It also provides DDos Intelligence Service, which specializes in automatic detection and protection solutions with network visibility, analytics, and reporting tools; SecureWatch Managed Services that improves defense against advanced DDoS attacks with its security services; SmartWall One, a solution that offers inline and data path protection, edge and cloud mitigation, and scrubbing; and SecureWatch Analytics that can formulate new mitigation rules. The company also offers DDOS mitigation, DDOS protection, and DDoS protection-as-a-service solutions; and architecture option solutions, such as on-premises and hybrid. In addition, it provides installation, deployment, and training services. Further, the company offers SecureWatch DDoS fully managed, attach time, emergency response, security optimization, forensic investigation, audit, and period of interest solutions; IP intelligence and hardware replacement services; and other professional services. It provides its solutions to hosting and cloud, edge, and SaaS providers, as well as internet service providers. The company was formerly known as Corero plc and changed its name to Corero Network Security plc in June 2011. Corero Network Security plc was incorporated in 1991 and is based in London, the United Kingdom.

Key Stats

• Today's Range: 21.25 to 22.58
• 50-Day Range: 19 to 27.78
• 52-Week Range: 7.55 to 29.30
• Volume: 230,522 shs
• Average Volume: 569,225 shs
• Market Capitalization: £108.83 million
• P/E Ratio: 675.00
• Dividend Yield: 8.42%
• Price Target: GBX 23.50
• Consensus Rating: Buy

Corero Network Security Stock Analysis - MarketRank™

Corero Network Security scored higher than 17% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Corero Network Security has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Corero Network Security has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Corero Network Security is 675.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Corero Network Security is 675.00, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 227.44.

Price to Book Value per Share Ratio

Corero Network Security has a P/B Ratio of 7.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CNS.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Corero Network Security is a leading dividend payer. It pays a dividend yield of 8.42%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Corero Network Security does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CNS.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Corero Network Security has a news sentiment score of 1.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.

Search Interest

Only 2 people have searched for CNS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Corero Network Security insiders have not sold or bought any company stock.

Percentage Held by Insiders

77.54% of the stock of Corero Network Security is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 17.65% of the stock of Corero Network Security is held by institutions.

CNS Stock Analysis - Frequently Asked Questions

How have CNS shares performed this year?

Corero Network Security's stock was trading at GBX 8.25 at the beginning of the year. Since then, CNS shares have increased by 163.9% and is now trading at GBX 21.77.
View the best growth stocks for 2024 here.

How do I buy shares of Corero Network Security?

Shares of CNS stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of Corero Network Security own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Corero Network Security investors own include Ilika (IKA), Rolls-Royce Holdings plc (RR.L), easyJet (EZJ), ITM Power (ITM), Lucid Group (LCID), Newmont (NEM) and Spirent Communications (SPT).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Computer and Technology
• Industry: Software - Infrastructure
• Sub-Industry: Trading
• Current Symbol: LON:CNS
• CUSIP: N/A
• CIK: N/A
• Web: www.corero.com
• Phone: +44-1895-876579
• Fax: N/A
• Employees: 390
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 23.50
• High Stock Price Target: GBX 23.50
• Low Stock Price Target: GBX 23.50
• Potential Upside/Downside: +7.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 675.00
• Forward P/E Ratio: 88.35
• P/E Growth: N/A
• Net Income: £2.43 million
• Net Margins: 3.32%
• Pretax Margin: N/A
• Return on Equity: 4.89%
• Return on Assets: 1.78%

Debt

• Debt-to-Equity Ratio: 1.37
• Current Ratio: 1.75
• Quick Ratio: 1.20

Sales & Book Value

• Annual Sales: £23.98 million
• Price / Sales: 4.65
• Cash Flow: GBX 3.19 per share
• Price / Cash Flow: 6.83
• Book Value: GBX 3 per share
• Price / Book: 7.26

Miscellaneous

• Outstanding Shares: 512,160,000
• Free Float: N/A
• Market Cap: £111.50 million
• Optionable: Not Optionable
• Beta: 0.46