The sell-side on Wall Steet is predicting Ceragon Networks Ltd. (NASDAQ:CRNT) to grow at an accelerated rate over the next five years. Sell-side analysts are looking for the company to grow 12.77% over the next year and 15.00% over the next five years.
Many investors are concerned with the proper portfolio diversification. Stock portfolio diversification entails spreading the investment dollars around to help minimize risk. When investors are creating a portfolio, they may be looking to add a combination of growth, value, income, dividend, and foreign stocks. They may also be spreading out stock picks among various industries. Keeping a mix of stocks that perform differently under certain market conditions can help keep the portfolio afloat when the environment shifts. Holding a few large positions in a small number stocks may lead to trouble if the market turns sour and stock prices decline drastically.
Ceragon Networks Ltd. (NASDAQ:CRNT)’s trailing 12- months EPS is 0.28. Last year, their EPS growth was 46.10% and their EPS growth over the past five years was 17.40%.
RECENT PERFORMANCE
Let’s start off by taking a look at how the stock has been performing recently. Over the past twelve months, Ceragon Networks Ltd. (NASDAQ:CRNT)’s stock was 0.00%. Last week, it was -7.80%, -14.67% over the last quarter, and 16.31% for the past half-year.
Over the past 50 days, Ceragon Networks Ltd. stock was -19.57% off of the high and 10.53% removed from the low. Their 52-Week High and Low are noted here. -25.00% (High), 46.38%, (Low).
HISTORICAL GROWTH
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Ceragon Networks Ltd. (NASDAQ:CRNT)’s performance this year to date is 0.00%. The stock has performed -7.80% over the last seven days, 1.61% over the last thirty, and -14.67% over the last three months. Over the last six months, Ceragon Networks Ltd.’s stock has been 16.31% and 45.11% for the year.
FUTURE GROWTH ESTIMATES AND RECOMMENDATIONS
Wall Street analysts are have a consensus analyst recommendation of 2.00 on the stock. This is based on a 1-5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Brokerages covering the name have a $4.70 on the stock.
When conducting stock research, some investors will choose to start from the top-down while others may choose to begin from the bottom-up. Starting from the top-down typically includes studying the overall economy, industries, and multiple markets. Stocks tend to perform differently at certain points in economic cycles. Figuring out where the economy is can help find the sectors that will outperform. Once specific sectors are identified, investors might be able to then select certain stocks within those sectors. Investors who start with from the bottom-up may start by analyzing individual stocks first. This may include looking for stocks that are undervalued in relation to the perceived value of the company. Many investors will use a combination of both styles when undertaking detailed stock research.
The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Where quoted, past performance is not indicative of future performance.
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