Ceragon Networks Ltd. (CRNT) Analysts See $0.04 EPS

February 13, 2018 - By Clifton Ray

 Ceragon Networks Ltd. (CRNT) Analysts See $0.04 EPS

Analysts expect Ceragon Networks Ltd. (NASDAQ:CRNT) to report $0.04 EPS on February, 21.They anticipate $0.03 EPS change or 42.86 % from last quarter’s $0.07 EPS. CRNT’s profit would be $3.12M giving it 16.00 P/E if the $0.04 EPS is correct. After having $0.05 EPS previously, Ceragon Networks Ltd.’s analysts see -20.00 % EPS growth. The stock increased 2.81% or $0.07 during the last trading session, reaching $2.56. About 1.27M shares traded or 109.77% up from the average. Ceragon Networks Ltd. (NASDAQ:CRNT) has risen 107.53% since February 13, 2017 and is uptrending. It has outperformed by 90.83% the S&P500.

Ceragon Networks Ltd. (NASDAQ:CRNT) Ratings Coverage

Among 3 analysts covering Ceragon (NASDAQ:CRNT), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Ceragon had 7 analyst reports since August 14, 2015 according to SRatingsIntel. Needham maintained Ceragon Networks Ltd. (NASDAQ:CRNT) rating on Friday, August 14. Needham has “Buy” rating and $2.50 target. As per Friday, October 6, the company rating was maintained by Jefferies. The firm has “Hold” rating by Jefferies given on Tuesday, August 9. The stock of Ceragon Networks Ltd. (NASDAQ:CRNT) has “Hold” rating given on Tuesday, January 17 by Needham. The firm has “Hold” rating by Jefferies given on Friday, August 14.

Ceragon Networks Ltd. provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice, data, and multimedia services worldwide. The company has market cap of $199.60 million. The Company’s wireless backhaul solutions use microwave technology to transfer telecommunication traffic between base stations, small sells, and the core of the service provider's network. It has a 12.31 P/E ratio. The firm also provides wireless fronthaul solutions that use microwave technology for communication between LTE/LTE-advanced base band digital unit stations and remote radio heads.

More notable recent Ceragon Networks Ltd. (NASDAQ:CRNT) news were published by: Seekingalpha.com which released: “Ceragon Networks Is Giving Investors A Second Chance” on August 07, 2017, also Seekingalpha.com with their article: “Buy, Sell, Hold Before Earnings: Groupon, Ceragon Networks, GoPro” published on October 24, 2017, Fool.com published: “How Ceragon Networks Ltd. Fell 11.7% in May” on June 07, 2017. More interesting news about Ceragon Networks Ltd. (NASDAQ:CRNT) were released by: Seekingalpha.com and their article: “Ceragon Networks: This Undervalued $2 Tech Stock Can Win Big As 5G Rolls Out” published on November 28, 2017 as well as Seekingalpha.com‘s news article titled: “Buy Ceragon Networks For Above Average Returns Over The Next 3 Years” with publication date: December 05, 2017.

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