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- Market Cap.:
- $5.75 billion
- Book Value:
- Revenue TTM:
- $921.90 million
- Operating Margin TTM:
- Gross Profit TTM:
- $119.30 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Wolfspeed Inc had its IPO on 1993-02-09 under the ticker symbol WOLF.
The company operates in the Technology sector and Semiconductors industry. Wolfspeed Inc has a staff strength of 4,802 employees.
Shares of Wolfspeed Inc opened at $42 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $41.88 - $44.45, and closed at $44.2.
This is a +4.29% increase from the previous day's closing price.
A total volume of 2,745,147 shares were traded at the close of the day’s session.
In the last one week, shares of Wolfspeed Inc have slipped by -3.77%.
Wolfspeed Inc's Key Ratios
Wolfspeed Inc has a market cap of $5.75 billion, indicating a price to book ratio of 4.8676 and a price to sales ratio of 11.7561.
In the last 12-months Wolfspeed Inc’s revenue was $921.90 million with a gross profit of $119.30 million and an EBITDA of $-32900000. The EBITDA ratio measures Wolfspeed Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Wolfspeed Inc’s operating margin was -20.84% while its return on assets stood at -2.29% with a return of equity of -16.25%.
In Q2, Wolfspeed Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 3.2%.
Wolfspeed Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-2.54 per share while it has a forward price to earnings multiple of 1111.1111 and a PEG multiple of . 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 Wolfspeed Inc’s profitability.
Wolfspeed Inc stock is trading at a EV to sales ratio of 12.4951 and a EV to EBITDA ratio of -120.8639. Its price to sales ratio in the trailing 12-months stood at 11.7561.
Wolfspeed 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
- $6.62 billion
- Total Liabilities
- $661.90 million
- Operating Cash Flow
- Capital Expenditure
- $427.40 million
- Dividend Payout Ratio
Wolfspeed Inc ended 2023 with $6.62 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.62 billion while shareholder equity stood at $1.62 billion.
Wolfspeed Inc ended 2023 with $3.90 million in deferred long-term liabilities, $661.90 million in other current liabilities, 200000.00 in common stock, $-2064200000.00 in retained earnings and $359.20 million in goodwill. Its cash balance stood at $-9700000.00 and cash and short-term investments were $2.95 billion. The company’s total short-term debt was $500,000 while long-term debt stood at $4.18 billion.
Wolfspeed Inc’s total current assets stands at $3.63 billion while long-term investments were $0 and short-term investments were $2.96 billion. Its net receivables were $155.60 million compared to accounts payable of $570.90 million and inventory worth $327.50 million.
In 2023, Wolfspeed Inc's operating cash flow was $-146300000.00 while its capital expenditure stood at $427.40 million.
Comparatively, Wolfspeed Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Wolfspeed Inc stock is currently trading at $44.2 per share. It touched a 52-week high of $125.48 and a 52-week low of $125.48. Analysts tracking the stock have a 12-month average target price of $60.28.
Its 50-day moving average was $55.54 and 200-day moving average was $62.71 The short ratio stood at 9.07 indicating a short percent outstanding of 0%.
Around 62.3% of the company’s stock are held by insiders while 12566% are held by institutions.
Frequently Asked Questions About Wolfspeed Inc
Similar Industry Stocks (Semiconductors)
Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was incorporated in 1987 and is headquartered in Durham, North Carolina.