Home News Stock Watch: Cirrus Logic (NASDAQ: CRUS)

Stock Watch: Cirrus Logic (NASDAQ: CRUS)


Cirrus Logic trades as part of the technology sector and is part of the semiconductors industry. The company CEO is Jason P. Rhode. Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. It products include analog and mixed-signal components targeting mobile devices, and applications in the automotive, energy, and industrial markets.

Previous Intraday Trading Performance:

The CRUS stock showed a previous change of 2.62% with an open at 40.66 and a close of 41.57. It reached an intraday high of 41.95 and a low of 40.50.

Business Wire:  Cirrus Logic to Announce Q1 Results August 1


The stock has a market cap of $2.5b with 61.0m shares outstanding, of which the float is 59.9m shares. Trading volume reached 814,688 shares compared to its average volume of 1,068,441 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Cirrus Logic shares returned 8.00% and in the past 30 trading days it returned 8.34%. Over three months, it changed 8.20%. In one year it has changed -35.00% and within that year its 52-week high was 66.87 and its 52-week low was 34.78. CRUS stock is 19.52% above its 52 Week Low.

Our calculations show a 200 day moving average of 46.26 and a 50 day moving average of 38.51. Currently CRUS stock is trading -10.14% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  Cirrus Logic to Announce Q1 Results August 1


The last annual fiscal EPS for the company was reported at 3.68 that ended on 31st of March 2018, which according to the previous close, that is a PE of 16.90. Based on 6 analyst estimates, the consensus EPS for the next quarter is 1.04. The TTM EPS is 4.38, which comes to a TTM PE of 9.49. Historically, the PE high was 44.90 and the PE low was 8.20. If the stock reached its PE low, that would represent a price of 35.92, which is a decrease of -13.59%.

The following are the last four quarter reported earnings per share:
03-31-2018:  0.39
12-31-2017:  1.40
09-30-2017:  1.22
06-30-2017:  0.67

Base on our calculations, the intrinsic value per share is 77.82, which means it is possibly undervalued and has a margin of safety of 46.58%

Indicators to Watch:

Based on the latest filings, there is 95.40% of institutional ownership. Short-interest is 9,832,470, which is 16.12% of shares outstanding. The short-interest ratio or days-to-cover ratio is 11.37. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 0.20

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 12.99%, return on assets is 10.57%, profit margin is 9.75%, price-to-sales is 2.04 and price-to-book is 2.13.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 3  :Past Performance Score
 6  :Financial Strength Score
 0  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.


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