Cirrus Logic Inc
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- Market Cap.:
- $5.87 billion
- Book Value:
- Revenue TTM:
- $2.01 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $923.64 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Cirrus Logic Inc had its IPO on 1989-06-09 under the ticker symbol CRUS.
The company operates in the Technology sector and Semiconductors industry. Cirrus Logic Inc has a staff strength of 1,591 employees.
Shares of Cirrus Logic Inc opened at $104.88 at the start of the last trading session i.e. 2023-03-24.
The stocks traded within a range of $103.44 - $105.73, and closed at $105.59.
This is a -0.22% slip from the previous day's closing price.
A total volume of 555,389 shares were traded at the close of the day’s session.
In the last one week, shares of Cirrus Logic Inc have increased by +2.51%.
Cirrus Logic Inc's Key Ratios
Cirrus Logic Inc has a market cap of $5.87 billion, indicating a price to book ratio of 2.6139 and a price to sales ratio of 2.16.
In the last 12-months Cirrus Logic Inc’s revenue was $2.01 billion with a gross profit of $923.64 million and an EBITDA of $489.00 million. The EBITDA ratio measures Cirrus Logic Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Cirrus Logic Inc’s operating margin was 20.83% while its return on assets stood at 12.39% with a return of equity of 19.93%.
In Q4, Cirrus Logic Inc’s quarterly earnings growth was a negative -15.3% while revenue growth was a positive 7.7%.
Cirrus Logic Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $5.71 per share while it has a forward price to earnings multiple of 12.8535 and a PEG multiple of 6.4227. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cirrus Logic Inc’s profitability.
Cirrus Logic Inc stock is trading at a EV to sales ratio of 2.0846 and a EV to EBITDA ratio of 8.3269. Its price to sales ratio in the trailing 12-months stood at 2.16.
Cirrus Logic Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $2.17 billion
- Total Liabilities
- $228.55 million
- Operating Cash Flow
- Capital Expenditure
- $7.61 million
- Dividend Payout Ratio
Cirrus Logic Inc ended 2023 with $2.17 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.17 billion while shareholder equity stood at $1.72 billion.
Cirrus Logic Inc ended 2023 with $0 in deferred long-term liabilities, $228.55 million in other current liabilities, 1639056000.00 in common stock, $80.87 million in retained earnings and $435.94 million in goodwill. Its cash balance stood at $434.54 million and cash and short-term investments were $462.92 million. The company’s total short-term debt was $14,024,000 while long-term debt stood at $0.
Cirrus Logic Inc’s total current assets stands at $1.01 billion while long-term investments were $44.78 million and short-term investments were $28.37 million. Its net receivables were $270.49 million compared to accounts payable of $117.41 million and inventory worth $152.43 million.
In 2023, Cirrus Logic Inc's operating cash flow was $-7350000.00 while its capital expenditure stood at $7.61 million.
Comparatively, Cirrus Logic Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Cirrus Logic Inc stock is currently trading at $105.59 per share. It touched a 52-week high of $108.42 and a 52-week low of $108.42. Analysts tracking the stock have a 12-month average target price of $105.63.
Its 50-day moving average was $98.99 and 200-day moving average was $81.17 The short ratio stood at 2.48 indicating a short percent outstanding of 0%.
Around 34.2% of the company’s stock are held by insiders while 9493.1% are held by institutions.
Frequently Asked Questions About Cirrus Logic Inc
Similar Industry Stocks (Semiconductors)
Cirrus Logic, Inc., a fabless semiconductor company, provides low-power and high-precision mixed-signal processing solutions in the United States and internationally. It offers portable products, including codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with digital signal processer; boosted amplifiers; digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, hearing augmentation, and active noise cancellation. The company’s audio products are used in smartphones, tablets, wireless headsets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems. It also provides high-performance mixed-signal products, such as haptic driver and sensing solutions, camera controllers, power conversion, and control ICs and fast-charging ICs used in various industrial and energy applications comprising digital utility meters, power supplies, energy control, energy measurement, and energy exploration. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.