Ceragon Networks Ltd
General ticker "CRNT" information:
- Sector: Information Technology
- Industry: Communications Equipment
- Capitalization: $378.9M
Ceragon Networks Ltd follows the US Stock Market performance with the rate: 38.9%.
Estimated limits based on current volatility of 3.7%: low 4.35$, high 4.68$
Factors to consider:
- Current price 40.5% above estimated high
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [1.64$, 3.35$]
- 2024-12-30 to 2025-12-30 estimated range: [2.16$, 4.13$]
Financial Metrics affecting the CRNT estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.19
- Positive: 1.03 < Operating profit margin, % of 6.11
- Negative: 0 < Industry inventory ratio change (median), % of 0.42
- Positive: Operating cash flow per share per price, % of 18.76 > 12.76
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 2.04
- Negative: Industry operating cash flow per share per price (median), % of 3.52 <= 3.85
- Positive: Interest expense per share, $ of 0.09 <= 0.14
Short-term CRNT quotes
Long-term CRNT plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $290.77MM | $295.17MM | $347.18MM |
| Operating Expenses | $285.96MM | $293.82MM | $325.97MM |
| Operating Income | $4.81MM | $1.35MM | $21.21MM |
| Non-Operating Income | $-8.62MM | $-6.31MM | $-8.47MM |
| Interest Expense | $8.62MM | $6.31MM | $7.54MM |
| R&D Expense | $29.47MM | $29.69MM | $32.27MM |
| Income(Loss) | $-3.82MM | $-4.95MM | $12.74MM |
| Taxes | $11.01MM | $2.45MM | $6.52MM |
| Profit(Loss) | $-14.83MM | $-7.40MM | $6.22MM |
| Stockholders Equity | $137.15MM | $132.07MM | $134.02MM |
| Inventory | $61.40MM | $72.01MM | $68.81MM |
| Assets | $292.56MM | $301.61MM | $298.52MM |
| Operating Cash Flow | $-15.02MM | $-4.89MM | $30.89MM |
| Capital expenditure | $9.60MM | $12.42MM | $12.90MM |
| Investing Cash Flow | $-9.39MM | $-12.42MM | $-20.87MM |
| Financing Cash Flow | $14.53MM | $23.11MM | $-4.86MM |
| Earnings Per Share* | $-0.18 | $-0.09 | $0.07 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.