Cadence Design Systems Inc.

186.55+0.9700+0.52%Vol 1.42M1Y Perf 22.29%
Aug 5th, 2022 16:00 DELAYED
BID180.86 ASK186.63
Open182.00 Previous Close185.58
Pre-Market- After-Market186.55
 - -  - -%
Target Price
191.11 
Analyst Rating
Moderate Buy 1.63
Potential %
2.44 
Finscreener Ranking
★★+     47.19
Insiders Trans % 3/6/12 mo.
-100/-100/-100 
Value Ranking
★★     47.51
Insiders Value % 3/6/12 mo.
-100/-100/-100 
Growth Ranking
★★★★★     68.05
Insiders Shares Cnt. % 3/6/12 mo.
-100/-100/-100 
Income Ranking
 —    -
Price Range Ratio 52W %
89.82 
Earnings Rating
Strong Buy
Market Cap51.09B 
Earnings Date
25th Jul 2022
Alpha0.02 Standard Deviation0.08
Beta1.09 

Today's Price Range

181.96186.69

52W Range

132.32192.70

5 Year PE Ratio Range

14.6091.30

Summary:

Buy

Technical Indicators: Neutral
Moving Averages: Strong Buy
Performance
1 Week
0.25%
1 Month
19.55%
3 Months
27.45%
6 Months
26.47%
1 Year
22.29%
3 Years
169.78%
5 Years
415.33%
10 Years
1 405.65%

TickerPriceChg.Chg.%
CDNS186.550.97000.52
AAPL165.35-0.2300-0.14
GOOG118.22-0.6500-0.55
MSFT282.91-0.7400-0.26
XOM88.451.26001.45
WFC43.760.99002.31
JNJ171.11-0.6800-0.40
FB196.640.99000.51
GE74.360.69000.94
JPM115.763.40003.03
 
ProfitabilityValueIndustryS&P 500US Markets
89.80
28.30
32.50
20.60
24.25
RevenueValueIndustryS&P 500US Markets
2.43B
8.80
10.83
10.42
Earnings HistoryEstimateReportedSurprise %
Q02 20220.810.854.94
Q01 20220.830.9514.46
Q04 20210.600.6711.67
Q03 20210.580.6512.07
Q02 20210.590.7120.34
Q01 20210.540.6724.07
Q04 20200.510.6221.57
Q03 20200.500.5816.00
Earnings Per EndEstimateRevision %Trend
6/2022 QR0.8119.12Positive
9/2022 QR0.65-4.41Negative
12/2022 FY3.137.19Positive
12/2023 FY3.494.49Positive
Next Report Date-
Estimated EPS Next Report0.81
Estimates Count2
EPS Growth Next 5 Years %17.10
Volume Overview
Volume1.42M
Shares Outstanding273.87K
Shares Float209.39M
Trades Count35.44K
Dollar Volume263.10M
Avg. Volume1.68M
Avg. Weekly Volume1.98M
Avg. Monthly Volume1.55M
Avg. Quarterly Volume1.50M

Cadence Design Systems Inc. (NASDAQ: CDNS) stock closed at 186.55 per share at the end of the most recent trading day (a 0.52% change compared to the prior day closing price) with a volume of 1.42M shares and market capitalization of 51.09B. Is a component of S&P 500, NASDAQ 100, Russell 1000 indices and it is traded on NASDAQ exchange. The company belongs in the Software industry, Technology sector and employs 8800 people. Cadence Design Systems Inc. CEO is Lip-Bu Tan.

The one-year performance of Cadence Design Systems Inc. stock is 22.29%, while year-to-date (YTD) performance is 0.11%. CDNS stock has a five-year performance of 415.33%. Its 52-week range is between 132.315 and 192.7, which gives CDNS stock a 52-week price range ratio of 89.82%

Cadence Design Systems Inc. currently has a PE ratio of 58.60, a price-to-book (PB) ratio of 15.69, a price-to-sale (PS) ratio of 17.63, a price to cashflow ratio of 35.50, a PEG ratio of 2.32, a ROA of 18.21%, a ROC of 25.29% and a ROE of 28.84%. The company’s profit margin is 24.25%, its EBITDA margin is 32.50%, and its revenue ttm is $2.43 Billion , which makes it $8.80 revenue per share.

Of the last four earnings reports from Cadence Design Systems Inc., there were 4 positive earnings surprise and 0 negative earnings surprise. The company has EPS estimate of $0.81 for the next earnings report. Cadence Design Systems Inc.’s next earnings report date is -.

The consensus rating of Wall Street analysts for Cadence Design Systems Inc. is Moderate Buy (1.63), with a target price of $191.11, which is +2.44% compared to the current price. The earnings rating for Cadence Design Systems Inc. stock is Strong Buy (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

Cadence Design Systems Inc. has a dividend yield of -% with a dividend per share of $- and a payout ratio of -%.

Cadence Design Systems Inc. has a Buy technical analysis rating based on Technical Indicators (ADX : 11.87, ATR14 : 5.65, CCI20 : 97.07, Chaikin Money Flow : 0.28, MACD : 8.00, Money Flow Index : 67.55, ROC : 13.74, RSI : 70.19, STOCH (14,3) : 96.81, STOCH RSI : 0.91, UO : 76.91, Williams %R : -3.19), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Cadence Design Systems Inc. in the last 12-months were: Adriaan Ligtenberg (Option Excercise at a value of $4 618 500), Adriaan Ligtenberg (Sold 198 695 shares of value $35 285 909 ), Alberto Sangiovanni Vincentelli (Option Excercise at a value of $300 500), Aneel Zaman (Option Excercise at a value of $3 274 118), Aneel Zaman (Sold 69 150 shares of value $10 822 323 ), Chin-Chi Teng (Sold 15 000 shares of value $2 382 313 ), James D. Plummer (Option Excercise at a value of $138 100), James D. Plummer (Sold 33 000 shares of value $5 146 462 ), John M. Wall (Option Excercise at a value of $1 647 280), John M. Wall (Sold 54 943 shares of value $9 883 147 ), Lip-Bu Tan (Option Excercise at a value of $21 442 000), Lip-Bu Tan (Sold 1 609 997 shares of value $248 923 609 ), Mark W. Adams (Sold 6 000 shares of value $1 091 853 ), Paul Cunningham (Sold 7 500 shares of value $1 211 165 ), Thomas P. Beckley (Option Excercise at a value of $352 800), Thomas P. Beckley (Sold 30 944 shares of value $5 105 760 ), Young K Sohn (Sold 16 275 shares of value $2 441 250 )

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
5 (62.50 %)
4 (66.67 %)
5 (71.43 %)
Moderate Buy
1 (12.50 %)
0 (0.00 %)
0 (0.00 %)
Hold
2 (25.00 %)
2 (33.33 %)
1 (14.29 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
1 (14.29 %)
Strong Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Summary RatingModerate Buy
1.63
Moderate Buy
1.67
Moderate Buy
1.71

Cadence Design Systems Inc.

Cadence Design Systems was founded in 1988 after the merger of ECAD and SDA Systems. Cadence is known as an electronic design automation, or EDA, firm that specializes in developing software, hardware, and intellectual property that automates the design and verification of integrated circuits or larger chip systems. Historically, semiconductor firms have relied on the firm's tools, but there has been a shift toward other nontraditional "systems" users given the development of the Internet of Things, artificial intelligence, autonomous vehicles, and cloud computing. Cadence is headquartered in Silicon Valley, has approximately 8,100 employees worldwide, and was added to the S&P 500 in late 2017.

CEO: Lip-Bu Tan

Telephone: +1 408 943-1234

Address: 2655 Seely Avenue, San Jose 95134, CA, US

Number of employees: 8 800

Bearish or Bullish?
WeekMonthThree MonthsSix Months

Bearish Bullish

67%33%

Bearish Bullish

59%41%

Bearish Bullish

61%39%

Bearish Bullish

61%39%

TipRanks News for CDNS

Tue, 26 Apr 2022 10:25 GMT Cadence Design (CDNS) Received its Third Buy in a Row

- TipRanks. All rights reserved.

Tue, 26 Apr 2022 10:21 GMT New Buy Rating for Cadence Design (CDNS), the Technology Giant

- TipRanks. All rights reserved.

Sun, 13 Feb 2022 13:54 GMT Cadence Design Systems: Worth Keeping an Eye On

- TipRanks. All rights reserved.

Mon, 10 Jan 2022 12:26 GMT Cadence Design (CDNS) Receives a Buy from KeyBanc

- TipRanks. All rights reserved.

News

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