Analysts await Ceragon Networks Ltd. (NASDAQ:CRNT) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $-0.03 EPS, up 100% or $0.03 from last year’s $-0.06 per share.

At the moment 3 analysts are watching Ceragon Networks Ltd. (NASDAQ:CRNT), 0 rate it “Buy”, 1 “Outperform”, 2 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 3 analysts have a mean sales target of 70.48 million. For the quarter ending Sep-16, 3 analysts have a mean sales target of 78.26 million whilst for the year ending Dec-16, 3 analysts have a mean target of 295.73 million.

In terms of earnings per share, 3 analysts have a 0.01 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 3 analysts have a 0.05 EPS mean target and for the quarter ending Sep-16 there are 3 estimates of 0.10 EPS.

The biggest institutional shareholders in Ceragon Networks Ltd. include Perritt Capital Management Inc. which owns 2 million shares in the company valued at $2.69 million. Techinvest Limited is the second biggest holder with 1 million shares currently valued at 1.90 million whilst Renaissance Technologies Corp has 861 K million shares valued at 1.04 million.

Total shares held by institutions as of the most recent company filings are 6,957,977 with a reported 478,000 bought and 135,697 sold. These holdings make up 8.91% of the company’s outstanding shares.

The stock decreased 1.67% or $0.02 during the last trading session, hitting $1.18. Ceragon Networks Ltd. (NASDAQ:CRNT) has fallen 11.02% over the past 6 months and is downtrending.