Back to top
more

Ciena (CIEN)

(Real Time Quote from BATS)

$45.30 USD

45.30
93,413

+0.26 (0.58%)

Updated Apr 25, 2024 10:16 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value D Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 2% (245 out of 251)

Industry: Fiber Optics

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for CIEN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

   

Fiscal Year End for Ciena Corporation falls in the month of October.

All items in Millions except Per Share data.

10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019
Assets          
Cash & Equivalents 1,115 1,148 1,604 1,239 1,014
Receivables 1,004 921 885 719 725
Notes Receivable 0 0 0 0 0
Inventories 1,051 947 374 344 345
Other Current Assets 406 370 326 308 298
Total Current Assets 3,576 3,386 3,189 2,611 2,382
Net Property & Equipment 280 268 285 272 287
Investments & Advances 134 35 70 82 10
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 809 824 800 648 715
Intangibles 650 398 377 407 411
Deposits & Other Assets 116 114 100 103 89
Total Assets 5,602 5,070 4,865 4,181 3,893
Liabilities & Shareholders Equity 10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 318 516 356 292 345
Current Portion Long-Term Debt 12 7 7 7 7
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 431 361 409 334 383
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 154 138 118 109 111
Total Current Liabilities 932 1,041 909 761 846
Mortgages 0 0 0 0 0
Deferred Taxes/Income 74 62 57 50 45
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,543 1,061 670 676 680
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 170 150 167 123 149
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,753 2,357 1,845 1,671 1,721
Shareholders Equity 10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 2 2 2
Capital Surplus 6,262 6,390 6,803 6,827 6,838
Retained Earnings -3,377 -3,632 -3,785 -4,283 -4,644
Other Equity -38 -47 0 -35 -22
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 2,848 2,713 3,020 2,510 2,173
Total Liabilities & Shareholder's Equity 5,602 5,070 4,865 4,181 3,893
Total Common Equity 2,848 2,713 3,020 2,510 2,173
Shares Outstanding 147.80 148.10 154.80 154.30 154.70
Book Value Per Share 19.27 18.32 19.51 16.26 14.04

Fiscal Year End for Ciena Corporation falls in the month of October.

All items in Millions except Per Share data.

1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Assets          
Cash & Equivalents 1,371 1,115 1,260 1,318 1,155
Receivables 865 1,004 997 1,037 1,055
Notes Receivable 0 0 0 0 0
Inventories 985 1,051 1,193 1,098 1,178
Other Current Assets 387 406 362 416 375
Total Current Assets 3,609 3,576 3,811 3,869 3,763
Net Property & Equipment 280 280 287 278 279
Investments & Advances 104 134 21 25 3
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 814 809 792 795 797
Intangibles 641 650 666 678 691
Deposits & Other Assets 110 116 105 90 91
Total Assets 5,593 5,602 5,723 5,776 5,673
Liabilities & Shareholders Equity 1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Notes Payable 0 0 0 0 0
Accounts Payable 316 318 393 445 478
Current Portion Long-Term Debt 12 12 12 12 12
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 330 431 356 381 344
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 167 154 188 203 165
Total Current Liabilities 841 932 966 1,058 1,018
Mortgages 0 0 0 0 0
Deferred Taxes/Income 77 74 72 68 67
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,543 1,543 1,544 1,546 1,548
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 176 157 155 157
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,670 2,753 2,776 2,867 2,834
Shareholders Equity 1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 2 1
Capital Surplus 6,275 6,262 6,426 6,445 6,422
Retained Earnings -3,328 -3,377 -3,469 -3,498 -3,556
Other Equity -25 -38 -12 -40 -29
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 2,924 2,848 2,947 2,909 2,838
Total Liabilities & Shareholder's Equity 5,593 5,602 5,723 5,776 5,673
Total Common Equity 2,924 2,848 2,947 2,909 2,838
Shares Outstanding 145.00 147.80 149.50 149.10 149.10
Book Value Per Share 20.16 19.27 19.71 19.51 19.04