Home News Stock to Watch: Cree (NASDAQ: CREE)

Stock to Watch: Cree (NASDAQ: CREE)


Cree is part of the technology sector and is in 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 -1.43% with an open at 58.25 and a close of 58.54. It reached an intraday high of 60.93 and a low of 57.88.

SeekingAlpha:  Cree -6.6% on Q4 guidance cut


The stock has a market cap of $6.2b with 105.2m shares outstanding, of which the float is 101.3m shares. Trading volume reached 2,435,416 shares compared to its average volume of 1,661,185 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 4.09% and in the past 30 trading days it returned -11.42%. Over three months, it changed 8.99%. In one year it has changed 19.52% and within that year its 52-week high was 69.21 and its 52-week low was 33.72. CREE stock is 73.61% above its 52 Week Low.

Our calculations show a 200 day moving average of 49.62 and a 50 day moving average of 62.19. Currently CREE stock is trading 17.97% above its 200 day moving average.

Business Wire:  Cree Updates Q4 FY 2019 Financial Guidance


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:

1stQtr of 2019 (Reported on 05/01/2019): -2.20
4thQtr of 2018 (Reported on 01/30/2019): -0.02
3rdQtr of 2018 (Reported on 10/16/2018): -0.11
2ndQtr of 2018 (Reported on 08/14/2018): -0.33
1stQtr of 2018 (Reported on 04/24/2018): -2.40

Base on our calculations, the intrinsic value per share is 66.93, which means it is possibly undervalued and has a margin of safety of 12.54%.

Indicators to Watch:

The current calculated beta is 0.83.

Business Wire:  Cree Updates Q4 FY 2019 Financial Guidance

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 4.15 and price-to-book is 3.03.

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

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.