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Ceragon Networks NasdaqGS:CRNT Stock Report

Last Price

US$4.37

Market Cap

US$377.0m

7D

7.4%

1Y

133.7%

Updated

04 Dec, 2024

Data

Company Financials +

Ceragon Networks Ltd.

NasdaqGS:CRNT Stock Report

Market Cap: US$377.0m

CRNT Stock Overview

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. More details

CRNT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 91.1% below our estimate of its fair value

Earnings are forecast to grow 29.73% per year

Became profitable this year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for CRNT from our risk checks.

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 3 Analysts

Innovative Tech And Decisive Gains Fuel Growth Potential

Key Takeaways Ceragon's expansion in India and new products leveraging millimeter-wave technology position it for significant revenue growth and technological differentiation. Successful Siklu integration and focus on private networks may broaden revenue streams and stabilize earnings through market diversification and operational leverage.
View narrative
US$6.33
FV
31.0% undervalued intrinsic discount
7.36%
Revenue growth p.a.
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Updated narrative

Ceragon Networks Ltd. Competitors

Gilat Satellite Networks

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Ituran Location and Control

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US$610.1m

AudioCodes

NasdaqGS:AUDC

US$286.0m

PCTEL

NasdaqGS:PCTI

US$132.9m

Price History & Performance

Summary of all time highs, changes and price drops for Ceragon Networks
Historical stock prices
Current Share PriceUS$4.37
52 Week HighUS$4.70
52 Week LowUS$1.82
Beta1.62
11 Month Change80.58%
3 Month Change51.21%
1 Year Change133.69%
33 Year Change56.07%
5 Year Change140.11%
Change since IPO-80.58%

Recent News & Updates

Ceragon Networks: Undervalued And Positioned For Continued Upside

Nov 21

Recent updates

Ceragon Networks: Undervalued And Positioned For Continued Upside

Nov 21

Solid Earnings Reflect Ceragon Networks' (NASDAQ:CRNT) Strength As A Business

Aug 15
Solid Earnings Reflect Ceragon Networks' (NASDAQ:CRNT) Strength As A Business

Ceragon Networks Is Reviving Growth

Jul 08

Ceragon Networks: A Top Pick For 2024

Jan 19

Ceragon Networks rises on $44M+ contract win

Sep 20

Ceragon Networks: The Shift From LTE To 5G Should Bode Well

Aug 22

Ceragon Networks taps financial veteran Ronen Stein as CFO

Aug 15

Ceragon Networks Q2 2022 Earnings Preview

Jul 29

Ceragon Networks largest holder opposed to Aviat's $235M takeover offer

Jul 21

Ceragon Networks (NASDAQ:CRNT) Could Be Struggling To Allocate Capital

May 25
Ceragon Networks (NASDAQ:CRNT) Could Be Struggling To Allocate Capital

Ceragon Q1 Earnings: Still Struggling To Catch A Bid

May 03

Here's Why Ceragon Networks (NASDAQ:CRNT) Has A Meaningful Debt Burden

Mar 01
Here's Why Ceragon Networks (NASDAQ:CRNT) Has A Meaningful Debt Burden

Shareholder Returns

CRNTUS CommunicationsUS Market
7D7.4%0.5%0.4%
1Y133.7%45.4%32.3%

Return vs Industry: CRNT exceeded the US Communications industry which returned 45.4% over the past year.

Return vs Market: CRNT exceeded the US Market which returned 32.3% over the past year.

Price Volatility

Is CRNT's price volatile compared to industry and market?
CRNT volatility
CRNT Average Weekly Movement9.3%
Communications Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.1%

Stable Share Price: CRNT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CRNT's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19961,046Doron Araziwww.ceragon.com

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.

Ceragon Networks Ltd. Fundamentals Summary

How do Ceragon Networks's earnings and revenue compare to its market cap?
CRNT fundamental statistics
Market capUS$376.97m
Earnings (TTM)US$19.25m
Revenue (TTM)US$377.62m

19.5x

P/E Ratio

1.0x

P/S Ratio

Is CRNT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRNT income statement (TTM)
RevenueUS$377.62m
Cost of RevenueUS$246.09m
Gross ProfitUS$131.53m
Other ExpensesUS$112.28m
EarningsUS$19.25m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.22
Gross Margin34.83%
Net Profit Margin5.10%
Debt/Equity Ratio16.0%

How did CRNT perform over the long term?

See historical performance and comparison