Ceragon Networks Ltd's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 31 out of 53 in the Communications & Networking industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 4.75.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Ceragon Networks Ltd is 7.39, ranking 25 out of 53 in the Communications & Networking industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 82.33M, representing a year-over-year decrease of 23.01%, while its net profit experienced a year-over-year decrease of 96.43%.
Key Metrics
The current valuation score of Ceragon Networks Ltd is 8.40, ranking 12 out of 53 in the Communications & Networking industry. Its current P/E ratio is -91.07, which is -263.87% below the recent high of 149.23 and -9.43% above the recent low of -99.66.
The current earnings forecast score of Ceragon Networks Ltd is 8.00, ranking 12 out of 53 in the Communications & Networking industry. The average price target is 3.75, with a high of 9.00 and a low of 3.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Ceragon Networks Ltd is 6.24, ranking 47 out of 53 in the Communications & Networking industry. Currently, the stock price is trading between the resistance level at 2.27 and the support level at 2.04, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Ceragon Networks Ltd is 3.00, ranking 35 out of 53 in the Communications & Networking industry. The latest institutional shareholding proportion is 23.84%, representing a quarter-over-quarter decrease of 0.64%. The largest institutional shareholder is First Eagle Investment, holding a total of 592.69K shares, representing 0.66% of shares outstanding, with 29.93% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Communications & Networking domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Ceragon Networks Ltd is 4.21, ranking 30 out of 53 in the Communications & Networking industry. The company's beta value is 1.24. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
