Cree is in the technology sector and is part of the semiconductors industry. The company CEO is Gregg A. Lowe. Cree Inc manufactures lighting-class light emitting diode LED products, lighting products and bandgap semiconductor products for power and radio-frequency RF applications.
Previous Intraday Trading Performance:
The CREE stock showed a previous change of 4.32% with an open at 54.73 and a close of 56.27. It reached an intraday high of 56.55 and a low of 54.73.
SeekingAlpha: Cree -1,4% on valuation downgrade
Liquidity:
The stock has a market cap of $5.9b with 105.2m shares outstanding, of which the float is 101.3m shares. Trading volume reached 1,606,394 shares compared to its average volume of 1,689,865 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, Cree shares returned -0.71% and in the past 30 trading days it returned -17.85%. Over three months, it changed 3.27%. In one year it has changed 17.16% and within that year its 52-week high was 69.21 and its 52-week low was 33.72. CREE stock is 66.87% above its 52 Week Low.
Our calculations show a 200 day moving average of 49.35 and a 50 day moving average of 62.07. Currently CREE stock is trading 14.01% above its 200 day moving average.
SeekingAlpha: Cree -1,4% on valuation downgrade
Earnings:
The last annual fiscal EPS for the company was reported at -2.78 that ended on 30th of June 2018. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.02. The TTM EPS is -0.03.
Below was the last reported quarterly diluted earnings per share:
| 1st | Qtr of 2019 | (Reported on 05/01/2019): | -2.20 |
|---|---|---|---|
| 4th | Qtr of 2018 | (Reported on 01/30/2019): | -0.02 |
| 3rd | Qtr of 2018 | (Reported on 10/16/2018): | -0.11 |
| 2nd | Qtr of 2018 | (Reported on 08/14/2018): | -0.33 |
| 1st | Qtr of 2018 | (Reported on 04/24/2018): | -2.40 |
Base on our calculations, the intrinsic value per share is 56.10, which means it may be overvalued by -0.31%.
Indicators to Watch:
The current calculated beta is 0.82.
Fundamental Indicators:
Based on last reported financials, the company’s return on equity is -13.32%, return on assets is -9.89%, profit margin is -35.47%, price-to-sales is 3.77 and price-to-book is 2.75.
Company Scores:
All scores are out of six:
0 :Valuation Score
0 :Past Performance Score
5 :Financial Strength Score
3 :Future Growth Score
0 :Dividend Score
2 :Overall Score
