Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Cirrus Logic (CRUS)
NASDAQ:CRUS
Holding CRUS?
Track your performance easily
CRUS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$65.02 - $147.46
Previous Close$122.84
Volume633.16K
Average Volume (3M)527.10K
Market Cap
$6.56B
Enterprise Value$6.20B
Total Cash (Recent Filing)$517.03M
Total Debt (Recent Filing)$154.07M
Price to Earnings (P/E)22.8
Beta1.29
Next Earnings
Oct 30, 2024EPS Estimate
$2.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.40
Shares Outstanding53,411,205
10 Day Avg. Volume540,475
30 Day Avg. Volume527,097
Standard Deviation0.11
R-Squared0.21
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)3.55
Price to Sales (P/S)3.58
Price to Cash Flow (P/CF)19.00
P/FCF Ratio21.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.36
Enterprise Value/Gross Profit6.77
Enterprise Value/Ebitda19.02
Forecast
1Y Price Target
$157.50Price Target Upside25.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Cirrus Logic News
PremiumCompany Announcements
Cirrus Logic Publishes Q1 Fiscal 2025 Financial Insights
Bulls Say, Bears Say
Bulls Say
EarningsRevenue beating consensus by 18% and with earnings 84% ahead.
Market ExpansionManagement noted they are continuing to engage with customers on gaming devices, wearables, and AR/VR headsets.
Product LaunchThe company began ramping production of their new custom boosted amplifier and 22nm smart codec ahead of fall smartphone launches.
Bears Say
A.I. Content OpportunitiesLess enthusiasm on A.I. content opportunities.
Market ExpectationsConsistent 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.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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 $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 Oct 30, 2024 which is in 40 days.
How were Cirrus Logic’s earnings last quarter?
Cirrus Logic released its earnings results on Aug 06, 2024. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $0.615 by $0.505.
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 $2.02.
How many shares outstanding does Cirrus Logic have?
Cirrus Logic has 53,411,205 shares outstanding.
What happened to Cirrus Logic’s price movement after its last earnings report?
Cirrus Logic reported an EPS of $1.12 in its last earnings report, beating expectations of $0.615. Following the earnings report the stock price went up 7.536%.
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.
---
Cirrus Logic Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$157.50 (25.88% Upside)
$157.50 (25.88% Upside)
Blogger Sentiment
Bullish
CRUS Sentiment 83%
Sector Average 66%
Sector Average 66%
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 ▲ 1.5%
Last 30 Days ▲ 5.3%
Last 30 Days ▲ 5.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
66.33%
12-Months-Change
Fundamentals
Return on Equity
17.18%
Trailing 12-Months
Asset Growth
10.16%
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.
---
CRUS Company Deck
---
CRUS Earnings Call
Q1 2024
0:00 / 0:00
---
CRUS Stock 12 Month Forecast
Average Price Target
$157.50
▲(25.88% Upside)
Technical Analysis
Best Analysts Covering CRUS
1 Year
1 Year Success Rate
20/30 ratings generated profit
1 Year Average Return
+19.57%
reiterated a buy rating 2 months ago
Copying Tore Svanberg's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +19.57% per trade.
---