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Cirrus Logic (CRUS)
NASDAQ:CRUS
Cirrus Logic (CRUS) Stock Price & Analysis
1,334 Followers
CRUS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$65.02 - $142.83
Previous Close$134.87
Volume448.82K
Average Volume (3M)501.36K
Market Cap
$7.21B
Enterprise Value$6.84B
Total Cash (Recent Filing)$526.54M
Total Debt (Recent Filing)$155.22M
Price to Earnings (P/E)27.4
Beta1.28
Next Earnings
Aug 06, 2024EPS Estimate
$0.62Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.92
Shares Outstanding53,568,913
10 Day Avg. Volume568,154
30 Day Avg. Volume501,362
Standard Deviation0.11
R-Squared0.21
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)4.99
Price to Sales (P/S)18.15
Price to Cash Flow (P/CF)9.90
P/FCF Ratio10.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.82
Enterprise Value/Gross Profit7.46
Enterprise Value/Ebitda23.43
Forecast
1Y Price Target
$138.33Price Target Upside2.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Cirrus Logic News
PremiumCompany Announcements
Cirrus Logic Announces CFO Transition, Seeks Replacement
Bulls Say, Bears Say
Bulls Say
Market DiversificationPositive outlook on the $1B CRUS SAM laptop market which should drive a more diversified customer base, expand BOM content, support a long-tailed growth trajectory in a largely greenfield new market, and reduce exposure to China over time.
Product InnovationApple content growth story seems consistent, with two next-generation products: a boosted amplifier and a smart codec to be added to this year’s lineup.
Revenue GrowthThe company anticipates a few $10s of millions in revenue this year with a more meaningful ramp into 2025 and 2026.
Bears Say
A.I. OpportunitiesLess enthusiasm on A.I. content opportunities.
Market ExpectationsThe firm's consistent track record of beating expectations is likely to temper meaningful upside.
Stock RatingReducing the rating of CRUS from Buy to Hold as shares approach fair value.
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Ownership Overview
19.04% Insiders
34.33% Mutual Funds
28.00% Other Institutional Investors
18.63% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRUS FAQ
What was Cirrus Logic’s price range in the past 12 months?
Cirrus Logic lowest stock price was $65.02 and its highest was $142.83 in the past 12 months.
What is Cirrus Logic’s market cap?
Currently, no data Available
When is Cirrus Logic’s upcoming earnings report date?
Cirrus Logic’s upcoming earnings report date is Aug 06, 2024 which is in 15 days.
How were Cirrus Logic’s earnings last quarter?
Cirrus Logic released its earnings results on May 07, 2024. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $0.641 by $0.599.
Is Cirrus Logic overvalued?
According to Wall Street analysts Cirrus Logic’s price is currently Undervalued.
Does Cirrus Logic pay dividends?
Cirrus Logic does not currently pay dividends.
What is Cirrus Logic’s EPS estimate?
Cirrus Logic’s EPS estimate is $0.62.
How many shares outstanding does Cirrus Logic have?
Cirrus Logic has 53,450,714 shares outstanding.
What happened to Cirrus Logic’s price movement after its last earnings report?
Cirrus Logic reported an EPS of $1.24 in its last earnings report, beating expectations of $0.641. Following the earnings report the stock price went up 12.191%.
Which hedge fund is a major shareholder of Cirrus Logic?
Among the largest hedge funds holding Cirrus Logic’s share is Royce & Associates LLC. It holds Cirrus Logic’s shares valued at 58M.
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Cirrus Logic Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$138.33 (2.57% Upside)
$138.33 (2.57% Upside)
Blogger Sentiment
Bullish
CRUS Sentiment 83%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 41.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $774.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days >0.1%
Last 30 Days ▲ 10.8%
Last 30 Days ▲ 10.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
69.98%
12-Months-Change
Fundamentals
Return on Equity
15.80%
Trailing 12-Months
Asset Growth
8.12%
Trailing 12-Months
Company Description
Cirrus Logic
Cirrus Logic, Inc. develops high-precision, analog and mixed-signal integrated circuits for a range of customers. It builds an analog and signal-processing patent portfolio. The firm delivers optimized products for a variety of audio, industrial and energy-related applications. Its product lines include portable audio products and non-portable audio and other products. The company was founded by Suhas S. Patil and Michael L. Hackworth in 1984 and is headquartered in Austin, TX.
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CRUS Company Deck
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CRUS Earnings Call
Q4 2024
0:00 / 0:00
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CRUS Stock 12 Month Forecast
Average Price Target
$138.33
▲(2.57% Upside)
Technical Analysis
Best Analysts Covering CRUS
1 Year
1 Year Success Rate
22/32 ratings generated profit
1 Year Average Return
+24.64%
reiterated a buy rating 4 days ago
Copying Tore Svanberg's trades and holding each position for 1 Year would result in 68.75% of your transactions generating a profit, with an average return of +24.64% per trade.
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