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Cirrus Logic (CRUS)
NASDAQ:CRUS
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CRUS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$69.23 - $147.46
Previous Close$104.11
Volume1.09M
Average Volume (3M)604.67K
Market Cap
$5.53B
Enterprise Value$5.21B
Total Cash (Recent Filing)$478.26M
Total Debt (Recent Filing)$152.61M
Price to Earnings (P/E)17.7
Beta1.47
Next Earnings
Jan 29, 2025EPS Estimate
$2.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.89
Shares Outstanding53,139,913
10 Day Avg. Volume887,330
30 Day Avg. Volume604,667
Standard Deviation0.11
R-Squared0.21
Alpha0.00224
Financial Highlights & Ratios
Price to Book (P/B)2.87
Price to Sales (P/S)2.86
Price to Cash Flow (P/CF)165.90
P/FCF Ratio248.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.73
Enterprise Value/Gross Profit5.68
Enterprise Value/Ebitda10.88
Forecast
1Y Price Target
$122.25Price Target Upside17.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Cirrus Logic News
Bulls Say, Bears Say
Bulls Say
Market PenetrationThe company continues to make solid progress penetrating the $1B SAM laptop market, securing multiple wins with a recent notable design including 8 devices.
Product ExpansionCirrus Logic began shipping its new custom boosted amplifier and first 22nm smart codec, which increases its content by 5% year over year.
Revenue GrowthRevenue beating consensus (prior mid-point guidance) by 18% and with earnings 84% ahead.
Bears Say
Management GuidanceThe guidance was significantly worse than expected as management called out several dynamics, including an extra week in September and a non-recurring strong Android ramp last year.
Market SentimentNear-term macro challenges, fading AI enthusiasm, and questions of sustaining demand for the iPhone 16 platform keep analysts on the sidelines with no clear share appreciation catalyst.
Sales ForecastDecember period sales are guided to be 14% below the $593M consensus view, with EPS about 19% behind the $2.50 expectation.
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Ownership Overview
0.45% Insiders
31.46% Mutual Funds
2.67% Other Institutional Investors
36.95% 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 $69.23 and its highest was $147.46 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 Jan 29, 2025 which is in 83 days.
How were Cirrus Logic’s earnings last quarter?
Cirrus Logic released its earnings results on Nov 04, 2024. The company reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.017 by $0.233.
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 $2.09.
How many shares outstanding does Cirrus Logic have?
Cirrus Logic has 53,139,910 shares outstanding.
What happened to Cirrus Logic’s price movement after its last earnings report?
Cirrus Logic reported an EPS of $2.25 in its last earnings report, beating expectations of $2.017. Following the earnings report the stock price went down -7.087%.
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 80M.
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Cirrus Logic Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$122.25 (17.42% Upside)
$122.25 (17.42% Upside)
Blogger Sentiment
Bullish
CRUS Sentiment 83%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 16.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.9%
Last 30 Days ▲ 4.9%
Last 30 Days ▲ 4.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.51%
12-Months-Change
Fundamentals
Return on Equity
18.03%
Trailing 12-Months
Asset Growth
11.96%
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
Q2 2024
0:00 / 0:00
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CRUS Stock 12 Month Forecast
Average Price Target
$122.25
▲(17.42% Upside)
Technical Analysis
Best Analysts Covering CRUS
1 Year
1 Year Success Rate
20/31 ratings generated profit
1 Year Average Return
+15.89%
reiterated a buy rating 3 days ago
Copying Tore Svanberg's trades and holding each position for 1 Year would result in 64.52% of your transactions generating a profit, with an average return of +15.89% per trade.
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