Cirrus Logic Inc

Company Profile

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 1,702 employees.

Stock update

Shares of Cirrus Logic Inc opened at $73.1 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $72.72 - $78.3, and closed at $73.59.

This is a +0.01% increase from the previous day's closing price.

A total volume of 1,418,938 shares were traded at the close of the day’s session.

In the last one week, shares of Cirrus Logic Inc have slipped by -11.25%.

Cirrus Logic Inc's Key Ratios

Cirrus Logic Inc has a market cap of $4.20 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 $1.90 billion with a gross profit of $923.64 million and an EBITDA of $416.62 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 18.2% while its return on assets stood at 10.31% with a return of equity of 10.85%.

In Q1, Cirrus Logic Inc’s quarterly earnings growth was a negative -15.3% while revenue growth was a negative 23.9%.

Cirrus Logic Inc’s PE and PEG Ratio

Forward PE

12.8535

Trailing PE

24.1798

PEG

6.4227

Its diluted EPS in the last 12-months stands at $3.17 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

$2.06 billion

Total Liabilities

$216.34 million

Operating Cash Flow

$-9128000.00

Capital Expenditure

$11.64 million

Dividend Payout Ratio

0%

Cirrus Logic Inc ended 2024 with $2.06 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.06 billion while shareholder equity stood at $1.66 billion.

Cirrus Logic Inc ended 2024 with $0 in deferred long-term liabilities, $216.34 million in other current liabilities, 1670141000.00 in common stock, $-9320000.00 in retained earnings and $435.94 million in goodwill. Its cash balance stood at $445.78 million and cash and short-term investments were $480.76 million. The company’s total short-term debt was $18,442,000 while long-term debt stood at $0.

Cirrus Logic Inc’s total current assets stands at $1.02 billion while long-term investments were $36.51 million and short-term investments were $34.98 million. Its net receivables were $150.47 million compared to accounts payable of $81.46 million and inventory worth $233.45 million.

In 2024, Cirrus Logic Inc's operating cash flow was $-9128000.00 while its capital expenditure stood at $11.64 million.

Comparatively, Cirrus Logic Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$73.59

52-Week High

$111.15

52-Week Low

$61.94

Analyst Target Price

$92.33

Cirrus Logic Inc stock is currently trading at $73.59 per share. It touched a 52-week high of $111.15 and a 52-week low of $111.15. Analysts tracking the stock have a 12-month average target price of $92.33.

Its 50-day moving average was $79.51 and 200-day moving average was $85.5 The short ratio stood at 2.17 indicating a short percent outstanding of 0%.

Around 34.2% of the company’s stock are held by insiders while 9433.2% are held by institutions.