CRNT Stock Overview
Ceragon Networks Ltd. provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services.
Ceragon Networks Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$2.75|
|52 Week High||US$6.90|
|52 Week Low||US$2.50|
|1 Month Change||-15.64%|
|3 Month Change||-29.85%|
|1 Year Change||9.13%|
|3 Year Change||-35.29%|
|5 Year Change||23.32%|
|Change since IPO||-87.78%|
Recent News & Updates
Ceragon Assessing If It Will Live Up To The Hype
Management states it is in pole position in several markets to take advantage of the 5G transition. Although we witnessed nice revenue and earnings gains in Q1, cash flow and equity trends continue their tailwinds. The market needs to see more. A strong earnings print in Q2 and beyond will help in increasing that low valuation.
|CRNT||US Communications||US Market|
Return vs Industry: CRNT underperformed the US Communications industry which returned 31.6% over the past year.
Return vs Market: CRNT underperformed the US Market which returned 21.3% over the past year.
|CRNT Average Weekly Movement||5.1%|
|Communications Industry Average Movement||6.3%|
|Market Average Movement||5.9%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.2%|
Stable Share Price: CRNT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CRNT's weekly volatility has decreased from 12% to 5% over the past year.
About the Company
Ceragon Networks Ltd. provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services. Its wireless backhaul solutions use microwave and millimeter wave technology to transfer telecommunication traffic between base stations, small/distributed cells, and the core of the service provider’s network. The company also offers wireless fronthaul solutions that use microwave technology for ultra-high speed, ultra-low latency communication for wireless 5G and 4G base stations.
Ceragon Networks Fundamentals Summary
|CRNT fundamental statistics|
Is CRNT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CRNT income statement (TTM)|
|Cost of Revenue||US$200.91m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.11|
|Net Profit Margin||-3.11%|
How did CRNT perform over the long term?See historical performance and comparison
Is Ceragon Networks undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CRNT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CRNT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CRNT is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.
PE vs Market: CRNT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CRNT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CRNT is good value based on its PB Ratio (1.6x) compared to the US Communications industry average (2.2x).
How is Ceragon Networks forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRNT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CRNT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CRNT's is expected to become profitable in the next 3 years.
Revenue vs Market: CRNT's revenue (7.7% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: CRNT's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CRNT's Return on Equity is forecast to be high in 3 years time
How has Ceragon Networks performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRNT is currently unprofitable.
Growing Profit Margin: CRNT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CRNT is unprofitable, and losses have increased over the past 5 years at a rate of 47.3% per year.
Accelerating Growth: Unable to compare CRNT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CRNT is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (22.8%).
Return on Equity
High ROE: CRNT has a negative Return on Equity (-6.05%), as it is currently unprofitable.
How is Ceragon Networks's financial position?
Financial Position Analysis
Short Term Liabilities: CRNT's short term assets ($208.5M) exceed its short term liabilities ($106.9M).
Long Term Liabilities: CRNT's short term assets ($208.5M) exceed its long term liabilities ($40.9M).
Debt to Equity History and Analysis
Debt Level: CRNT has more cash than its total debt.
Reducing Debt: CRNT's debt to equity ratio has reduced from 18.7% to 8.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CRNT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CRNT has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 34.4% each year.
What is Ceragon Networks's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CRNT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CRNT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CRNT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CRNT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CRNT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Doron Arazi (57 yo)
Mr. Doron Arazi serves as Chief Executive Officer at Ceragon Networks Ltd. since July 2021. He served as the Chief Financial Officer at NSO Group Technologies LTD since 2021 until 2021.He served as Deputy...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Doron's total compensation is reasonable compared to companies of similar size in the US market.
Compensation vs Earnings: Doron's compensation has been consistent with company performance over the past year.
Experienced Management: CRNT's management team is considered experienced (2.3 years average tenure).
Experienced Board: CRNT's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
Ceragon Networks Ltd.'s employee growth, exchange listings and data sources
- Name: Ceragon Networks Ltd.
- Ticker: CRNT
- Exchange: NasdaqGS
- Founded: 1996
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$229.572m
- Shares outstanding: 83.48m
- Website: https://www.ceragon.com
Number of Employees
- Ceragon Networks Ltd.
- 24 Raoul Wallenberg Street
- Tel Aviv
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 23:05|
|End of Day Share Price||2021/11/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.