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Ceragon Networks (CRNT) Stock Price, News & Analysis

$2.71
-0.05 (-1.81%)
(As of 09/13/2024 ET)
Today's Range
$2.69
$2.77
50-Day Range
$2.44
$3.08
52-Week Range
$1.56
$3.38
Volume
482,876 shs
Average Volume
463,495 shs
Market Capitalization
$231.48 million
P/E Ratio
54.21
Dividend Yield
N/A
Price Target
$5.25

Ceragon Networks MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
93.7% Upside
$5.25 Price Target
Short Interest
Healthy
0.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.59mentions of Ceragon Networks in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.50%
From $0.24 to $0.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.17 out of 5 stars

Computer And Technology Sector

171st out of 598 stocks

Radio & T.V. Communications Equipment Industry

5th out of 20 stocks

CRNT stock logo

About Ceragon Networks Stock (NASDAQ:CRNT)

Ceragon Networks Ltd., together with its subsidiaries, provides wireless transport solutions for cellular operators and other wireless service providers in North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America. The company's solutions use microwave and millimeter wave radio technology to transfer telecommunication traffic between base stations, small/distributed cells, and the service provider's network. It also provides IP-20 all-outdoor solutions, such as IP-20C, IP-20C-HP, IP-20S, IP-20E, and IP-20V; IP-20 split-mount, all-indoor solutions comprising IP-20N/IP-20A, IP-20F, and IP-20G; and IP-50 disaggregated solutions, including IP-50E, IP-50EX, IP-50C, IP-50CX, and IP-50FX for various short-haul, long-haul, fronthaul, small cells, routing, and enterprise access applications. In addition, the company offers network and radio planning, site surveys, solutions development, installation, network rollout, wireless transport network auditing and optimization, maintenance, training, and other services. It serves internet service providers, municipalities, government, utilities, and maritime communications broadcasters and defense, as well as oil and gas companies, public safety organizations, business and public institutions, broadcasters, energy utilities, and private communications networks. The company sells its products through direct sales, original equipment manufacturers, resellers, distributors, and system integrators. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was incorporated in 1996 and is headquartered in Rosh Ha'Ayin, Israel.

CRNT Stock Price History

CRNT Stock News Headlines

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Ceragon Networks earnings: here's what to expect
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Company Calendar

Last Earnings
8/07/2024
Today
9/14/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:CRNT
Employees
1,407
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$5.25
High Stock Price Target
$5.25
Low Stock Price Target
$5.25
Potential Upside/Downside
+93.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$6.22 million
Pretax Margin
4.28%

Debt

Sales & Book Value

Annual Sales
$347.18 million
Cash Flow
$0.26 per share
Book Value
$1.59 per share

Miscellaneous

Free Float
69,189,000
Market Cap
$231.49 million
Optionable
Optionable
Beta
1.35

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Key Executives

  • Mr. Doron Arazi (Age 60)
    President & CEO
    Comp: $664.46k
  • Mr. Ronen Stein (Age 57)
    Chief Financial Officer
    Comp: $423.5k
  • Ms. Michal Goldstein (Age 53)
    Chief People Officer
    Comp: $334.75k
  • Mr. Ulik Broida (Age 57)
    Chief Product Officer
    Comp: $353.15k
  • Mr. Alon Klomek (Age 53)
    Executive VP & Chief Revenues Officer
    Comp: $641.79k
  • Mr. Dima Friedman (Age 54)
    Executive VP & COO
  • Ms. Maya Lustig
    Head of Investor Relations
  • Ms. Hadar Vismunski-Weinberg (Age 50)
    Chief Legal Officer
  • Mr. Oz Zimerman (Age 60)
    Executive Vice President of Corporate Development & CMO
  • Mr. Ram Prakash Tripathi (Age 57)
    President of APAC & India

CRNT Stock Analysis - Frequently Asked Questions

How have CRNT shares performed this year?

Ceragon Networks' stock was trading at $2.16 on January 1st, 2024. Since then, CRNT stock has increased by 25.5% and is now trading at $2.71.
View the best growth stocks for 2024 here
.

How were Ceragon Networks' earnings last quarter?

Ceragon Networks Ltd. (NASDAQ:CRNT) issued its quarterly earnings results on Wednesday, August, 7th. The communications equipment provider reported $0.10 EPS for the quarter. The communications equipment provider had revenue of $96.09 million for the quarter. Ceragon Networks had a net margin of 2.87% and a trailing twelve-month return on equity of 13.94%.

Does Ceragon Networks have any subsidiaries?

Ceragon Networks subsidiaries include these companies: NERA Networks, Ceragon Networks Inc., and Ceragon Networks (India) Private Limited.

Who are Ceragon Networks' major shareholders?

Top institutional investors of Ceragon Networks include Acadian Asset Management LLC (2.29%), Renaissance Technologies LLC (0.75%), First Eagle Investment Management LLC (0.61%) and Dimensional Fund Advisors LP (0.55%).

How do I buy shares of Ceragon Networks?

Shares of CRNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ceragon Networks own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ceragon Networks investors own include Nokia Oyj (NOK), NVIDIA (NVDA), Advanced Micro Devices (AMD), Inseego (INSG), QUALCOMM (QCOM), Alibaba Group (BABA).

This page (NASDAQ:CRNT) was last updated on 9/14/2024 by MarketBeat.com Staff

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