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Ceragon Networks Ltd. CRNT

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Price alert · CRNT

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2.06 USD -0.12 -5.50%

At close · Oct 30

2.06 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
2.05 × 2
Ask
2.06 × 2
2.03 Day range 2.13
1.85 52-week range 3.29
YTD
-1.90%
1 year
-26.16%
Open
2.12
Prev close
2.18
Mkt cap
188.04M
Vol
231.01K
Avg vol
361.54K
EPS
-0.04
P/E
0.00
Div yield
0.00%
More statistics
Low
2.03
High
2.13
Forward P/E
11.37
Beta
1.36
Short ratio
0.29
Inst. own
17.23%
Dividend
0.00
Ex-div date
50-d avg
3.34
200-d avg
2.91
1y target
6.83

2Y chart

Chart tools
Interval

Events in this range
  • Nov 13, 2024Earnings: 0.16; estimate 0.09; surprise 77.78%
  • Dec 3, 2024Rating: Litchfield Hills · — → Buy
  • Dec 4, 2024Rating: Needham · Buy → Buy
Signals (104)
NameDateAgo
SMA: BearishOct 30, 20262 days ago
MACD: Buy SignalOct 27, 20265 days ago
SMA: BullishOct 26, 20266 days ago
MACD: Sell SignalOct 13, 20262 weeks ago
SMA: BearishOct 12, 20262 weeks ago
SMA: BullishOct 9, 20263 weeks ago
SMA: BearishOct 8, 20263 weeks ago
SMA: BullishOct 2, 20261 month ago
SMA: BullishSep 23, 20261 month ago
MACD: Buy SignalAug 27, 20262 months ago
MACD: Sell SignalAug 24, 20262 months ago
MACD: Buy SignalJul 30, 20263 months ago
SMA: BearishJul 10, 20263 months ago
SMA: BullishJul 9, 20263 months ago
SMA: BearishJul 7, 20263 months ago
MACD: Sell SignalJun 10, 20264 months ago
RSI: OverboughtJun 4, 20265 months ago
RSI: OverboughtJun 2, 20265 months ago
MACD: Buy SignalMay 26, 20265 months ago
MACD: Sell SignalMay 8, 20265 months ago
MACD: Buy SignalMay 5, 20266 months ago
MACD: Sell SignalApr 29, 20266 months ago
SMA: BullishApr 8, 20266 months ago
MACD: Buy SignalApr 7, 20266 months ago
MACD: Sell SignalMar 27, 20267 months ago
SMA: BearishMar 26, 20267 months ago
SMA: BearishMar 26, 20267 months ago
MACD: Buy SignalMar 25, 20267 months ago
SMA: BullishMar 24, 20267 months ago
SMA: BullishMar 24, 20267 months ago
SMA: BearishMar 19, 20267 months ago
SMA: BearishMar 18, 20267 months ago
SMA: BullishMar 16, 20267 months ago
SMA: BullishMar 16, 20267 months ago
SMA: BearishMar 12, 20267 months ago
SMA: BearishMar 11, 20267 months ago
SMA: BullishMar 9, 20267 months ago
SMA: BullishMar 9, 20267 months ago
SMA: BearishMar 6, 20268 months ago
SMA: BearishMar 6, 20268 months ago
SMA: BullishMar 4, 20268 months ago
SMA: BullishMar 4, 20268 months ago
SMA: BearishMar 3, 20268 months ago
SMA: BearishMar 3, 20268 months ago
SMA: BearishFeb 25, 20268 months ago
SMA: BullishFeb 24, 20268 months ago
SMA: BullishFeb 24, 20268 months ago
SMA: BearishFeb 23, 20268 months ago
SMA: BearishFeb 23, 20268 months ago
SMA: BullishFeb 18, 20268 months ago
MACD: Sell SignalFeb 11, 20268 months ago
MACD: Buy SignalFeb 10, 20268 months ago
SMA: BullishFeb 6, 20268 months ago
SMA: BearishFeb 5, 20268 months ago
MACD: Sell SignalFeb 5, 20268 months ago
MACD: Buy SignalFeb 2, 20269 months ago
MACD: Sell SignalJan 30, 20269 months ago
MACD: Buy SignalJan 29, 20269 months ago
MACD: Sell SignalJan 28, 20269 months ago
SMA: BullishJan 14, 20269 months ago
SMA: BearishJan 13, 20269 months ago
SMA: BullishJan 12, 20269 months ago
SMA: BullishJan 9, 20269 months ago
SMA: BearishJan 8, 20269 months ago
SMA: BullishJan 2, 202610 months ago
MACD: Buy SignalDec 4, 202511 months ago
RSI: OversoldNov 20, 202511 months ago
SMA: BearishNov 7, 202511 months ago
MACD: Sell SignalNov 4, 202512 months ago
SMA: BearishNov 3, 202512 months ago
SMA: BullishOct 30, 20251 year ago
RSI: OverboughtOct 30, 20251 year ago
MACD: Buy SignalOct 27, 20251 year ago
MACD: Sell SignalOct 9, 20251 year ago
MACD: Buy SignalOct 6, 20251 year ago
MACD: Sell SignalOct 2, 20251 year ago
RSI: OverboughtSep 17, 20251 year ago
SMA: BullishSep 16, 20251 year ago
MACD: Buy SignalAug 22, 20251 year ago
RSI: OversoldAug 7, 20251 year ago
SMA: BearishJul 24, 20251 year ago
SMA: BullishJul 23, 20251 year ago
SMA: BearishJul 15, 20251 year ago
MACD: Sell SignalJul 14, 20251 year ago
MACD: Buy SignalJun 25, 20251 year ago
SMA: BullishJun 23, 20251 year ago
SMA: BearishJun 20, 20251 year ago
SMA: BullishJun 16, 20251 year ago
SMA: BearishJun 13, 20251 year ago
MACD: Sell SignalJun 13, 20251 year ago
MACD: Buy SignalJun 3, 20251 year ago
SMA: BullishJun 2, 20251 year ago
SMA: BearishMay 30, 20251 year ago
MACD: Sell SignalMay 30, 20251 year ago
SMA: BullishMay 27, 20251 year ago
SMA: BearishMay 23, 20251 year ago
SMA: BullishMay 13, 20251 year ago
RSI: OversoldApr 3, 20251 year ago
MACD: Buy SignalMar 13, 20251 year ago
RSI: OversoldFeb 21, 20251 year ago
SMA: BearishFeb 11, 20251 year ago
MACD: Sell SignalFeb 11, 20251 year ago
MACD: Buy SignalFeb 5, 20251 year ago
RSI: OverboughtJan 6, 20251 year ago

Key statistics

Market cap
400.16M
Enterprise value
260.59M
Trailing P/E
22.19
Forward P/E
11.37
PEG ratio
0.00
Price / sales
1.10
Price / book
2.97
EPS (TTM)
0.21
Beta
1.36
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
2.87%
Revenue (TTM)
362.20M
Revenue growth
11.50%
Free cash flow
26.02M
Total cash
26.30M
Total debt
44.74M
Return on equity
7.71%
Shares outstanding
85.87M
Short % of float
0.10%
50-day average
3.34
200-day average
2.91

Analyst view

Consensus: none

Price target (mean) 6.83 +231.7% upside
Target (low)
4.50
Target (mean)
6.83
Target (high)
10.00
Ratings (0m) 3 3 buy · 0 hold · 0 sell
  • Strong buy2
  • Buy1
  • Hold0
  • Sell0
  • Strong sell0

Next earnings

Consensus EPS estimate 0.10.

Earnings history

Financials — quick view

All financials
CRNT Revenue — quarterly 93.91M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
CRNT Net income — quarterly -2.09M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
CRNT EPS — quarterly -0.03
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

CRNT recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 13, 2024Sep 1, 20240.090.16+0.07+77.78%
Aug 7, 2024Jun 1, 20240.000.11——
May 7, 2024Mar 1, 20240.000.05——
Feb 20, 2024Dec 1, 20230.000.04——
Nov 6, 2023Sep 1, 20230.000.06——
Aug 1, 2023Jun 1, 20230.000.05——

Upgrades / downgrades

CRNT analyst upgrades and downgrades
DateFirmActionFromTo
Dec 4, 2024NeedhamreitBuyBuy
Dec 3, 2024Litchfield Hillsinit—Buy
Oct 28, 2024Roth MKMinit—Buy
Aug 8, 2024NeedhamreitBuyBuy
May 7, 2024NeedhamreitBuyBuy
Feb 21, 2024NeedhamreitBuyBuy

About Ceragon Networks Ltd.

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.

Sector
Technology
Industry
Communication Equipment
Country
Israel
Website
ceragon.com

News

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Institution ownership

CRNT institution ownership
Holder% heldSharesValueReported
First Wilshire Securities Management Inc3.49%2,982,20713.90MSep 29, 2024
Acadian Asset Management. LLC3.11%2,660,28112.40MSep 29, 2024
Essex Investment Management Co LLC1.46%1,251,1345.83MSep 29, 2024
Renaissance Technologies, LLC1.06%906,5354.22MSep 29, 2024
Arrowstreet Capital, Limited Partnership0.81%695,8943.24MSep 29, 2024
First Eagle Investment Management, LLC0.56%482,4332.25MSep 29, 2024

Fund ownership

CRNT fund ownership
Holder% heldSharesValueReported
First Eagle Small Opportunity Fund0.54%457,5152.13MJul 30, 2024
DFA Continental Small Company Series0.31%266,2441.24MJul 30, 2024
1290 Fds-1290 Essex Small Cap Growth Fd0.27%231,6381.08MJul 30, 2024
Perritt Microcap Opportunities Fund0.23%200,000932.00KSep 29, 2024
Invesco ETF Tr-Invesco FTSE RAFI US 1500 Small-Mid ETF0.17%144,307672.47KSep 29, 2024
DFA International Core Equity Portfolio0.12%99,230462.41KJul 30, 2024
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