Ciena Corp (NYSE: CIEN) has reported earnings for its first fiscal quarter (ending January 31) of $0.31 versus $0.34 for the same period a year ago — a decline of -9%. This result fell short of the consensus estimate of $0.65 by $-0.34. For the latest four quarters through January 31, E.P.S. were $0.55 compared to $1.55 a year ago — a decline of -65%.
Recent Price Action
Ciena Corp (NYSE: CIEN) stock declined by -2.4% on 3/11/25. The shares closed at $63.95. Moreover, trading volume in this decline was exceptionally high at 313% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -14.4% during the last week.
Current PriceTarget Research Rating
Ciena has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Ciena has a poor Appreciation Score of 27 but a very high Power Rating of 95, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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