Ceragon Networks Ltd

Company Profile

Ceragon Networks Ltd had its IPO on 2000-08-04 under the ticker symbol CRNT.

The company operates in the Technology sector and Communication Equipment industry. Ceragon Networks Ltd has a staff strength of 0 employees.

Stock update

Shares of Ceragon Networks Ltd opened at $1.67 at the start of the last trading session i.e. 2023-03-22.

The stocks traded within a range of $1.63 - $1.67, and closed at $1.63.

This is a -2.4% slip from the previous day's closing price.

A total volume of 105,092 shares were traded at the close of the day’s session.

In the last one week, shares of Ceragon Networks Ltd have slipped by -4.12%.

Ceragon Networks Ltd's Key Ratios

Ceragon Networks Ltd has a market cap of $140.73 million, indicating a price to book ratio of 1.2441 and a price to sales ratio of 0.544.

In the last 12-months Ceragon Networks Ltd’s revenue was $295.17 million with a gross profit of $92.78 million and an EBITDA of $12.39 million. The EBITDA ratio measures Ceragon Networks Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Ceragon Networks Ltd’s operating margin was 0.46% while its return on assets stood at 0.29% with a return of equity of -5.5%.

In Q4, Ceragon Networks Ltd’s quarterly earnings growth was a negative -83.9% while revenue growth was a negative 2.9%.

Ceragon Networks Ltd’s PE and PEG Ratio

Forward PE

15.083

Trailing PE

0

PEG

1.0051

Its diluted EPS in the last 12-months stands at $-0.1 per share while it has a forward price to earnings multiple of 15.083 and a PEG multiple of 1.0051. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ceragon Networks Ltd’s profitability.

Ceragon Networks Ltd stock is trading at a EV to sales ratio of 0.6266 and a EV to EBITDA ratio of 21.6376. Its price to sales ratio in the trailing 12-months stood at 0.544.

Ceragon Networks Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$301.61 million

Total Liabilities

$132.84 million

Operating Cash Flow

$0

Capital Expenditure

$2.13 million

Dividend Payout Ratio

0%

Ceragon Networks Ltd ended 2023 with $301.61 million in total assets and $0 in total liabilities. Its intangible assets were valued at $301.61 million while shareholder equity stood at $132.07 million.

Ceragon Networks Ltd ended 2023 with $0 in deferred long-term liabilities, $132.84 million in other current liabilities, 224000.00 in common stock, $-269118000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $22.95 million and cash and short-term investments were $22.95 million. The company’s total short-term debt was $41,245,000 while long-term debt stood at $0.

Ceragon Networks Ltd’s total current assets stands at $223.04 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $128.08 million compared to accounts payable of $67.38 million and inventory worth $72.01 million.

In 2023, Ceragon Networks Ltd's operating cash flow was $0 while its capital expenditure stood at $2.13 million.

Comparatively, Ceragon Networks Ltd paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.63

52-Week High

$2.87

52-Week Low

$1.53

Analyst Target Price

$5.63

Ceragon Networks Ltd stock is currently trading at $1.63 per share. It touched a 52-week high of $2.87 and a 52-week low of $2.87. Analysts tracking the stock have a 12-month average target price of $5.63.

Its 50-day moving average was $1.93 and 200-day moving average was $2.06 The short ratio stood at 1.43 indicating a short percent outstanding of 0%.

Around 2268.5% of the company’s stock are held by insiders while 1464.4% are held by institutions.