This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have noted that Cirrus Logic (CRUS) is a fabless semiconductor company with a market cap of $5.3B and no dividend. Despite a 20% increase in stock value this year, estimates have been trending downwards. The company has $550M in net cash, decent earnings growth, and high free cash flow. Recent insider buying and a price of 15X earnings make it a 'good' but not 'exciting' option. Overall, it's seen as slow and steady, potentially attractive for the sector.
(Top Pick Mar 27/13, Down 13.30%) Did lose some of the business in the iPad Air.
(A Top Pick June 20/12. Down 40.35%.) This is down as a result of Apple (AAPL-Q) which accounted for over 80% of their business. A year ago, analysts were estimating earnings of $2.17 a share for the year ending May/13. Right now, that estimate is $2.16. So this hasn’t changed, it’s the outlook and psychology that has changed. Rates this as a Strong Buy. As Apple recovers, this will recover.
The whole Apple (AAPL-Q) supply chain has sold off in sympathy with Apple, a lot of cases justifiably and a lot of cases unjustifiably. This is in the latter category. 75% of their business comes from Apple. They make the audio chips that go into the iPad and iPhone. Trading at only 6X earnings.
Cirrus Logic is a American stock, trading under the symbol CRUS-Q on the NASDAQ (CRUS). It is usually referred to as NASDAQ:CRUS or CRUS-Q
In the last year, 1 stock analyst published opinions about CRUS-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cirrus Logic.
Cirrus Logic was recommended as a Top Pick by on . Read the latest stock experts ratings for Cirrus Logic.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Cirrus Logic published on Stockchase.
On 2024-12-13, Cirrus Logic (CRUS-Q) stock closed at a price of $106.71.
CRUS is a fabless semiconductor company. The stock is up 20% this year; market cap is $5.3B, no dividend. It has $550M net cash and decent earnings growth. Free cash flow is high. The last quarter was good, but estimates have been ticking downwards in the past month. There has been some recent insider buying. At 15X earnings it is priced well. We would consider it 'good' but not 'exciting'. Still, for the sector slow and steady can be attractive.
Unlock Premium - Try 5i Free