ValuEngine Upgrades Ciena to STRONG BUY

For today’s bulletin, we take a look at our latest STRONG BUY and BUY upgrades. We also provide a link to download a FREE STOCK REPORT on CIENA Corp $CIEN, one of our top upgrades for the day.

VALUATION WATCH:  Overvalued stocks now make up 30.58% of our stocks assigned a valuation and 10.6% of those equities are calculated to be overvalued by 20% or more. Two sectors are calculated to be overvalued.
 
 
 
For today’s edition of our upgrade list, we used our website’s advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. INPHI, CIENA, and Fair Isaac are STRONG BUY upgrades. The other components of our top-five list are BUY upgrades.

Ticker Company Name Market Price Valuation Last 12-M Return 1-M Forecast Return 1-Yr Forecast Return P/E Ratio Sector Name
IPHI INPHI CORP 34.12 59.39% 8.59% 1.13% 13.54% N/A Computer and Technology
CIEN CIENA CORP 38.38 62.86% 73.51% 1.09% 13.05% 32.16 Computer and Technology
FICO FAIR ISAAC INC 212.88 43.32% 30.19% 1.08% 13.02% 47.73 Computer and Technology
SEMG SEMGROUP CORP-A 16.66 82.63% -43.24% 0.69% 8.25% N/A Oils-Energy
CENT CENTRAL GARDEN 40.07 2.83% 5.95% 0.55% 6.60% 21.78 Consumer Discretionary

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Ciena Corporation (CIEN) is the network specialist, focused on expanding the possibilities for its customers’ networks while reducing their cost of ownership. The Company’s systems, software and services target and cure specific network pain points so that telcos, cable operators, governments and enterprises can best exploit the new applications that are driving their businesses forward.

ValuEngine updated its recommendation from BUY to STRONG BUY for Ciena Corporation on 2019-01-22. Based on the information we have gathered and our resulting research, we feel that Ciena Corporation has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Company Size.

You can download a free copy of detailed report on Ciena Corporation (CIEN) from the link below.

ValuEngine Forecast
Target
Price*
Expected
Return
1-Month 38.80 1.09%
3-Month 39.20 2.14%
6-Month 40.60 5.79%
1-Year 43.39 13.05%
2-Year 43.99 14.63%
3-Year 46.92 22.25%
Valuation & Rankings
Valuation 62.86% overvalued Valuation Rank(?) 4
1-M Forecast Return 1.09% 1-M Forecast Return Rank 99
12-M Return 73.51% Momentum Rank(?) 98
Sharpe Ratio 0.21 Sharpe Ratio Rank(?) 77
5-Y Avg Annual Return 6.97% 5-Y Avg Annual Rtn Rank 81
Volatility 33.45% Volatility Rank(?) 48
Expected EPS Growth 26.26% EPS Growth Rank(?) 64
Market Cap (billions) 4.15 Size Rank 80
Trailing P/E Ratio 32.16 Trailing P/E Rank(?) 40
Forward P/E Ratio 25.47 Forward P/E Ratio Rank 16
PEG Ratio 1.22 PEG Ratio Rank 35
Price/Sales 1.34 Price/Sales Rank(?) 57
Market/Book 2.80 Market/Book Rank(?) 39
Beta 0.96 Beta Rank 42
Alpha 0.54 Alpha Rank 97

 

DOWNLOAD A FREE SAMPLE OF OUR CIENA CORPORATION (CIEN) REPORT BY CLICKING HERE

 

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Steve Hach
Senior Editor
ValuEngine.Com