Should I buy or sell Ceragon Networks stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceragon Networks in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CRNT shares. View CRNT analyst ratings or view top-rated stocks .

What is Ceragon Networks' stock price target for 2024?

2 analysts have issued 1-year target prices for Ceragon Networks' stock. Their CRNT share price targets range from $5.25 to $5.25. On average, they predict the company's stock price to reach $5.25 in the next year. This suggests a possible upside of 94.4% from the stock's current price. View analysts price targets for CRNT or view top-rated stocks among Wall Street analysts .

How have CRNT shares performed in 2024?

Ceragon Networks' stock was trading at $2.16 on January 1st, 2024. Since then, CRNT stock has increased by 25.0% and is now trading at $2.70. View the best growth stocks for 2024 here .

Are investors shorting Ceragon Networks?

Ceragon Networks saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 481,300 shares, a decrease of 15.0% from the March 15th total of 566,500 shares. Based on an average trading volume of 627,300 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.7% of the company's stock are sold short. View Ceragon Networks' Short Interest .

When is Ceragon Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our CRNT earnings forecast .

How were Ceragon Networks' earnings last quarter?

Ceragon Networks Ltd. (NASDAQ:CRNT) posted its quarterly earnings data on Tuesday, February, 20th. The communications equipment provider reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.01. The communications equipment provider earned $90.36 million during the quarter. Ceragon Networks had a net margin of 1.79% and a trailing twelve-month return on equity of 9.95%. During the same period in the previous year, the business posted ($0.01) EPS.

What ETF holds Ceragon Networks' stock?

ARK Israel Innovative Technology ETF holds 2,116 shares of CRNT stock, representing 0.01% of its portfolio.

What is Doron Arazi's approval rating as Ceragon Networks' CEO?

25 employees have rated Ceragon Networks Chief Executive Officer Doron Arazi on Glassdoor.com . Doron Arazi has an approval rating of 94% among the company's employees. This puts Doron Arazi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 66.0% of employees surveyed would recommend working at Ceragon Networks to a friend.

What other stocks do shareholders of Ceragon Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ceragon Networks investors own include Nokia Oyj (NOK) , NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Inseego (INSG) , QUALCOMM (QCOM) , Alibaba Group (BABA) , Telefonaktiebolaget LM Ericsson (publ) (ERIC) , Editas Medicine (EDIT) and Verizon Communications (VZ) .

Who are Ceragon Networks' major shareholders?

Ceragon Networks' stock is owned by many different institutional and retail investors. Top institutional investors include Eagle Wealth Strategies LLC (0.01%).

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 .

Does Ceragon Networks have any subsidiaries?

The following companies are subsidiares of Ceragon Networks: Ceragon Networks (India) Private Limited, Ceragon Networks Inc., and NERA Networks. Read More

NASDAQ:CRNT

Ceragon Networks (CRNT) Stock Price, News & Analysis

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$2.69

-0.01 (-0.37%)

(As of 10:51 AM ET)

Compare

Today's Range: $2.68
▼
$2.73
50-Day Range: $2.51
▼
$3.29
52-Week Range: $1.56
▼
$3.38

Volume: 43,136 shs
Average Volume: 592,861 shs
Market Capitalization: $229.78 million

P/E Ratio: 38.43
Dividend Yield: N/A
Price Target: $5.25

Get Ceragon Networks alerts:

Ceragon Networks MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 94.4% Upside
$5.25 Price Target
Short Interest: Healthy
0.69% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.80
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

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.

3.24 out of 5 stars

Computer And Technology Sector

270th out of 581 stocks

Radio & T.V. Communications Equipment Industry

9th out of 19 stocks

3.5

Analyst's Opinion

Consensus Rating
Ceragon Networks has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Ceragon Networks has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.69% of the float of Ceragon Networks has been sold short.
Short Interest Ratio / Days to Cover
Ceragon Networks has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ceragon Networks has recently decreased by 15.04%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ceragon Networks does not currently pay a dividend.
Dividend Growth
Ceragon Networks does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CRNT.

3.2

News and Social Media Coverage

News Sentiment
Ceragon Networks has a news sentiment score of 0.80. 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 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Ceragon Networks this week, compared to 1 article on an average week.
Search Interest
Only 7 people have searched for CRNT on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.
MarketBeat Follows
6 people have added Ceragon Networks to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ceragon Networks insiders have not sold or bought any company stock.
Percentage Held by Insiders
19.00% of the stock of Ceragon Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 13.31% of the stock of Ceragon Networks is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ceragon Networks is 38.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ceragon Networks is 38.58, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 219.07.
Price to Book Value per Share Ratio
Ceragon Networks has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

CRNT Stock News Headlines

April 16, 2024 | americanbankingnews.com

Ceragon Networks (NASDAQ:CRNT) Share Price Crosses Above 200 Day Moving Average of $2.35

April 13, 2024 | investorplace.com

3 Must-Own Stocks to Buy for Under $5 Before They Blast Off

April 19, 2024 | DTI (Ad)

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April 5, 2024 | investorplace.com

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March 27, 2024 | investorplace.com

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March 20, 2024 | finance.yahoo.com

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March 8, 2024 | investorplace.com

Next-Gen Winners: 7 Tech Stocks Set to Dominate the Decade

February 28, 2024 | wsj.com

Ceragon Networks Ltd.

April 19, 2024 | DTI (Ad)

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February 27, 2024 | finance.yahoo.com

CRNT Sep 2024 3.000 put

February 26, 2024 | prnewswire.com

Ceragon Networks to Participate in the 36th Annual Roth Conference

February 23, 2024 | stocknews.com

Top 3 Tech Stocks to Buy in March

February 21, 2024 | finance.yahoo.com

Ceragon Networks Ltd. (NASDAQ:CRNT) Q4 2023 Earnings Call Transcript

February 21, 2024 | markets.businessinsider.com

Ceragon Networks: Strong Buy Rating on Superior Performance and Promising Outlook

February 20, 2024 | finanznachrichten.de

Ceragon Networks Ltd.: Ceragon Reports 20% Growth in the Fourth Quarter of 2023; Exceeds Full-Year 2023 Guidance

February 20, 2024 | msn.com

Ceragon Networks beats top-line and bottom-line estimates; initiates FY24 outlook

February 20, 2024 | finance.yahoo.com

Ceragon Reports 20% Growth in the Fourth Quarter of 2023; Exceeds Full-Year 2023 Guidance

February 20, 2024 | prnewswire.com

Ceragon Reports 20% Growth in the Fourth Quarter of 2023; Exceeds Full-Year 2023 Guidance

February 17, 2024 | finance.yahoo.com

CRNT Mar 2024 1.000 call

February 16, 2024 | msn.com

Ceragon Networks Q4 2023 Earnings Preview

February 15, 2024 | finance.yahoo.com

Ceragon Networks Set to Deliver Multiple Industry-First Innovations at MWC 2024

February 15, 2024 | prnewswire.com

Ceragon Networks Set to Deliver Multiple Industry-First Innovations at MWC 2024

February 15, 2024 | money.usnews.com

Ceragon Networks Ltd

February 7, 2024 | stocknews.com

Motorola Solutions (MSI) Quarterly Earnings: What to Watch For

February 5, 2024 | finance.yahoo.com

Ceragon Networks to Announce Fourth Quarter and Full-Year 2023 Financial Results and Host Investor Conference Call on February 20, 2024

January 19, 2024 | seekingalpha.com

Ceragon Networks: A Top Pick For 2024

January 18, 2024 | stocknews.com

3 B-Rated Tech Stocks With 2024 Gain Prospects

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Company Calendar

Last Earnings: 2/20/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/06/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Current Symbol: NASDAQ:CRNT
CUSIP: N/A
CIK: 1119769
Web: www.ceragon.com
Phone: (723) 543-1369
Fax: 972-3543-1600
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: +94.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.07
Trailing P/E Ratio: 38.58
Forward P/E Ratio: 15.00
P/E Growth: N/A
Net Income: $6.22 million
Net Margins: 1.79%
Pretax Margin: 3.67%
Return on Equity: 9.95%
Return on Assets: 4.31%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.64
Quick Ratio: 1.12

Sales & Book Value

Annual Sales: $347.18 million
Price / Sales: 0.66
Cash Flow: $0.26 per share
Price / Cash Flow: 10.24
Book Value: $1.59 per share
Price / Book: 1.70

Miscellaneous

Outstanding Shares: 85,420,000
Free Float: 69,189,000
Market Cap: $230.63 million
Optionable: Optionable
Beta: 1.48

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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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CRNT Stock Analysis - Frequently Asked Questions

Should I buy or sell Ceragon Networks stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceragon Networks in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CRNT shares.
View CRNT analyst ratings or view top-rated stocks.
What is Ceragon Networks' stock price target for 2024?: 2 analysts have issued 1-year target prices for Ceragon Networks' stock. Their CRNT share price targets range from $5.25 to $5.25. On average, they predict the company's stock price to reach $5.25 in the next year. This suggests a possible upside of 94.4% from the stock's current price.
View analysts price targets for CRNT or view top-rated stocks among Wall Street analysts.
How have CRNT shares performed in 2024?: Ceragon Networks' stock was trading at $2.16 on January 1st, 2024. Since then, CRNT stock has increased by 25.0% and is now trading at $2.70.
View the best growth stocks for 2024 here.
Are investors shorting Ceragon Networks?: Ceragon Networks saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 481,300 shares, a decrease of 15.0% from the March 15th total of 566,500 shares. Based on an average trading volume of 627,300 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.7% of the company's stock are sold short.
View Ceragon Networks' Short Interest.
When is Ceragon Networks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our CRNT earnings forecast.
How were Ceragon Networks' earnings last quarter?: Ceragon Networks Ltd. (NASDAQ:CRNT) posted its quarterly earnings data on Tuesday, February, 20th. The communications equipment provider reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.01. The communications equipment provider earned $90.36 million during the quarter. Ceragon Networks had a net margin of 1.79% and a trailing twelve-month return on equity of 9.95%. During the same period in the previous year, the business posted ($0.01) EPS.

What ETF holds Ceragon Networks' stock?: ARK Israel Innovative Technology ETF holds 2,116 shares of CRNT stock, representing 0.01% of its portfolio.
What is Doron Arazi's approval rating as Ceragon Networks' CEO?: 25 employees have rated Ceragon Networks Chief Executive Officer Doron Arazi on Glassdoor.com. Doron Arazi has an approval rating of 94% among the company's employees. This puts Doron Arazi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 66.0% of employees surveyed would recommend working at Ceragon Networks to a friend.
What other stocks do shareholders of Ceragon Networks own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ceragon Networks investors own include Nokia Oyj (NOK), NVIDIA (NVDA), Advanced Micro Devices (AMD), Inseego (INSG), QUALCOMM (QCOM), Alibaba Group (BABA), Telefonaktiebolaget LM Ericsson (publ) (ERIC), Editas Medicine (EDIT) and Verizon Communications (VZ).
Who are Ceragon Networks' major shareholders?: Ceragon Networks' stock is owned by many different institutional and retail investors. Top institutional investors include Eagle Wealth Strategies LLC (0.01%).
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.
Does Ceragon Networks have any subsidiaries?: The following companies are subsidiares of Ceragon Networks: Ceragon Networks (India) Private Limited, Ceragon Networks Inc., and NERA Networks.
Read More

This page (NASDAQ:CRNT) was last updated on 4/19/2024 by MarketBeat.com Staff

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Ceragon Networks (CRNT) Stock Price, News & Analysis

Ceragon Networks MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ceragon Networks Stock (NASDAQ:CRNT)

CRNT Stock Price History

CRNT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

CRNT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™