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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
1.89 52-week range 3.20
YTD
-1.90%
1 year
-26.16%
Open
2.12
Prev close
2.18
Mkt cap
188.04M
Vol
231.01K
Avg vol
361.69K
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

MAX chart

Chart tools
Interval

Events in this range
  • Aug 1, 2023Earnings: 0.05; estimate 0; surprise —%
  • Nov 6, 2023Earnings: 0.06; estimate 0; surprise —%
  • May 7, 2024Rating: Needham · Buy → Buy
  • May 7, 2024Earnings: 0.05; estimate 0; surprise —%
  • Aug 7, 2024Earnings: 0.11; estimate 0; surprise —%
  • Dec 3, 2024Rating: Litchfield Hills · — → Buy
  • Dec 4, 2024Rating: Needham · Buy → Buy
Signals (98)
NameDateAgo
SMA: BearishJul 1, 20264 months ago
MACD: Sell SignalJul 1, 20264 months ago
SMA: BearishJun 1, 20265 months ago
SMA: BullishMay 1, 20266 months ago
MACD: Buy SignalMay 1, 20266 months ago
SMA: BullishApr 1, 20267 months ago
SMA: BearishMar 1, 20268 months ago
SMA: BullishJan 1, 202610 months ago
SMA: BearishNov 1, 202512 months ago
SMA: BullishOct 1, 20251 year ago
MACD: Sell SignalApr 1, 20251 year ago
SMA: BearishMar 1, 20251 year ago
SMA: BearishFeb 1, 20251 year ago
RSI: OverboughtDec 1, 20241 year ago
SMA: BullishNov 1, 20241 year ago
SMA: BearishOct 1, 20242 years ago
SMA: BullishJan 1, 20242 years ago
SMA: BullishDec 1, 20232 years ago
SMA: BearishOct 1, 20233 years ago
SMA: BullishJun 1, 20233 years ago
MACD: Buy SignalJun 1, 20233 years ago
SMA: BearishFeb 1, 20233 years ago
SMA: BullishJan 1, 20233 years ago
SMA: BearishAug 1, 20224 years ago
SMA: BullishJun 1, 20224 years ago
SMA: BearishNov 1, 20215 years ago
MACD: Sell SignalNov 1, 20215 years ago
SMA: BearishSep 1, 20215 years ago
SMA: BullishJan 1, 20215 years ago
MACD: Buy SignalSep 1, 20206 years ago
SMA: BullishJul 1, 20206 years ago
SMA: BearishJun 1, 20206 years ago
SMA: BullishApr 1, 20206 years ago
SMA: BearishMay 1, 20197 years ago
SMA: BearishMay 1, 20197 years ago
MACD: Sell SignalMay 1, 20197 years ago
SMA: BullishApr 1, 20197 years ago
SMA: BearishMar 1, 20197 years ago
MACD: Buy SignalApr 1, 20188 years ago
SMA: BullishFeb 1, 20188 years ago
SMA: BullishFeb 1, 20188 years ago
SMA: BearishNov 1, 20179 years ago
MACD: Sell SignalAug 1, 20179 years ago
SMA: BearishJun 1, 20179 years ago
SMA: BullishJul 1, 201610 years ago
SMA: BullishMay 1, 201610 years ago
SMA: BearishDec 1, 201510 years ago
SMA: BullishJul 1, 201511 years ago
MACD: Buy SignalFeb 1, 201511 years ago
MACD: Sell SignalJan 1, 201511 years ago
RSI: OversoldNov 1, 201412 years ago
MACD: Buy SignalJan 1, 201412 years ago
SMA: BearishOct 1, 201313 years ago
SMA: BullishSep 1, 201313 years ago
SMA: BearishNov 1, 201115 years ago
SMA: BullishOct 1, 201115 years ago
SMA: BearishSep 1, 201115 years ago
SMA: BearishAug 1, 201115 years ago
MACD: Sell SignalAug 1, 201115 years ago
SMA: BullishJun 1, 201115 years ago
SMA: BearishMay 1, 201115 years ago
MACD: Buy SignalOct 1, 201016 years ago
SMA: BullishSep 1, 201016 years ago
SMA: BullishAug 1, 201016 years ago
MACD: Sell SignalJul 1, 201016 years ago
SMA: BearishJun 1, 201016 years ago
SMA: BearishMay 1, 201016 years ago
SMA: BullishNov 1, 200917 years ago
MACD: Buy SignalSep 1, 200917 years ago
SMA: BullishMay 1, 200917 years ago
SMA: BearishSep 1, 200818 years ago
SMA: BullishAug 1, 200818 years ago
SMA: BearishJun 1, 200818 years ago
MACD: Sell SignalFeb 1, 200818 years ago
SMA: BearishDec 1, 200718 years ago
RSI: OverboughtMay 1, 200719 years ago
SMA: BullishOct 1, 200620 years ago
SMA: BullishOct 1, 200620 years ago
MACD: Buy SignalOct 1, 200620 years ago
SMA: BearishSep 1, 200620 years ago
MACD: Sell SignalSep 1, 200620 years ago
SMA: BullishJul 1, 200620 years ago
SMA: BearishJun 1, 200620 years ago
SMA: BearishMay 1, 200620 years ago
SMA: BullishApr 1, 200620 years ago
MACD: Buy SignalApr 1, 200620 years ago
SMA: BullishJan 1, 200620 years ago
SMA: BearishJun 1, 200521 years ago
SMA: BullishMay 1, 200521 years ago
SMA: BearishApr 1, 200521 years ago
MACD: Sell SignalApr 1, 200521 years ago
SMA: BearishFeb 1, 200521 years ago
SMA: BullishNov 1, 200422 years ago
SMA: BearishMay 1, 200422 years ago
SMA: BullishJul 1, 200323 years ago
SMA: BullishMar 1, 200323 years ago
SMA: BearishApr 1, 200224 years ago
SMA: BullishDec 1, 200124 years 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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