Don’t Let Stock Prices Fool You: Cousins Properties Incorporated (CUZ), Ciena Corporation (CIEN)

Cousins Properties Incorporated (NYSE:CUZ) has a price-to-sales ratio of 7.61, well below its Cousins Properties Incorporated competitors. For the industry, the average P/S ratio sits at 10.8, which is less than the sector’s 281.11. In the past 13-year record, this ratio went down as low as 1.03 and as high as 27.07. Also, it is down from 56% of the total 655 rivals across the globe.

CUZ traded at an unexpectedly low level on 04/13/2018 when the stock experienced a 0.12% gain to a closing price of $8.45. The company saw 1.81 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 3.56 million shares a day, this signifies a pretty significant change over the norm.

Cousins Properties Incorporated (CUZ) Analyst Gushes

Analysts are speculating a 24.26% move, based on the high target price ($10.5) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $9.67 price target, but the stock is already up 8.19% from its recent lows. However, the stock is trading at -12.25% versus recent highs ($9.63). Analysts believe that we could see stock price minimum in the $9 range (lowest target price), allowing for another 6.51% jump from its current position. Leading up to this report, we have seen a -1.52% fall in the stock price over the last 30 days and a -6.94% decline over the past 3 months. Overall, the share price is down -8.65% so far this year. Additionally, CUZ had a day price range of $8.39 to $8.47.

Cousins Properties Incorporated (CUZ) Price Potential

Heading into the stock price potential, Cousins Properties Incorporated needs to grow just 15.38% to cross its median price target of $9.75. In order to determine directional movement, the 50-day and 200-day moving averages for Cousins Properties Incorporated (NYSE:CUZ) are $8.57 and $9.06. Given that liquidity is king in short-term, CUZ is a stock with 426.19 million shares outstanding that normally trades 4.27% of its float. The stock price recently experienced a 5-day loss of -0.59% with 0.16 average true range (ATR). CUZ has a beta of 0.88 and RSI is 46.35.

Investors also need to beware of the Ciena Corporation (NYSE:CIEN) valuations. The stock trades on a P/S of 1.31, which suggests that the shares are attractive compared with peers. The broad Ciena Corporation industry has an average P/S ratio of 1.82, which is significantly better than the sector’s 2.67. In the past 13-year record, this ratio went down as low as 0.59 and as high as 5.99. Also, it is down from 53% of the total 551 rivals across the globe.

Ciena Corporation (CIEN)’s Lead Over its Technicals

Ciena Corporation by far traveled 32.01% versus a 1-year low price of $19.40. The share price was last seen -0.58% lower, reaching at $25.61 on 04/13/2018. At recent session, the prices were hovering between $25.39 and $25.845. This company shares are 18.35% off its target price of $30.31 and the current market capitalization stands at $3.73B. The recent change has given its price a 4.26% lead over SMA 50 and -8.47% deficit over its 52-week high. The stock witnessed -4.94% declines, 17.05% gains and 18.56% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CIEN’s volatility during a week at 1.81% and during a month it has been found around 2.12%.

Ciena Corporation (NYSE:CIEN) Intraday Metrics

Ciena Corporation (CIEN) exchanged hands at an unexpectedly low level of 1.82 million shares over the course of the day. Noting its average daily volume at 3.38 million shares each day over the month, this signifies a pretty significant change over the norm.

Ciena Corporation Target Levels

The market experts are predicting a 28.86% rally, based on the high target price ($33) for Ciena Corporation shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $21 range (lowest target price). If faced, it would be a -18% drop from its current position. Overall, the share price is up 22.36% year to date.