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NASDAQ:CRUS

Cirrus Logic (CRUS) Stock Price, News & Analysis

$142.39
-0.33 (-0.23%)
(As of 11:07 AM ET)
Today's Range
$141.57
$142.76
50-Day Range
$112.86
$142.65
52-Week Range
$65.02
$144.83
Volume
45,269 shs
Average Volume
462,360 shs
Market Capitalization
$7.61 billion
P/E Ratio
28.88
Dividend Yield
N/A
Price Target
$143.33

Cirrus Logic MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
0.9% Upside
$143.33 Price Target
Short Interest
Healthy
1.74% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.54
Upright™ Environmental Score
News Sentiment
0.67mentions of Cirrus Logic in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$3.46 M Sold Last Quarter
Proj. Earnings Growth
16.84%
From $4.75 to $5.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.04 out of 5 stars

Computer And Technology Sector

179th out of 594 stocks

Semiconductors & Related Devices Industry

29th out of 85 stocks

CRUS stock logo

About Cirrus Logic Stock (NASDAQ:CRUS)

Cirrus Logic, Inc., a fabless semiconductor company, develops low-power high-precision mixed-signal processing solutions in China, the United States, and internationally. The company offers audio products, including amplifiers; 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 integrated digital signal processing; standalone 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, and hearing augmentation for use in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems. It also provides high-performance mixed-signal products comprising camera controllers, haptic and sensing solutions, and battery and power ICs for use in smartphones, as well as legacy industrial and energy applications, such as 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.

CRUS Stock Price History

CRUS Stock News Headlines

Financial markets news icon
MarketBeat Week in Review – 8/12 - 8/16 (CRUS)
The melt-up continued this week after benign inflation readings and a surprise jump in retail sales calmed recession fears and elevated hopes for a rate cut
Millionaire Investor Warns: “Brace for Apple Collapse”
Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. The Oracle of Omaha just sold HALF his stake – worth more than $75 billion in the iconic tech company.
The buyer looks to buy a new modern iPhone X in the official Apple store in Berlin in Germany.
Cirrus Logic Stock Surges on Strong Apple iPhone Upgrade Cycle
Cirrus Logic Inc. (NASDAQ: CRUS) is a semiconductor developer focused on audio and haptic technology. Haptics are the touch response feedback you receive.
Cirrus Logic's Revenue Growth Right On Target
Millionaire Investor Warns: “Brace for Apple Collapse”
Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. The Oracle of Omaha just sold HALF his stake – worth more than $75 billion in the iconic tech company.
StockNews.com Lowers Cirrus Logic (NASDAQ:CRUS) to Buy
Cirrus Logic Tops Revenue Guidance
The Analyst Landscape: 4 Takes On Cirrus Logic
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
8/22/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:CRUS
CUSIP
17275510
Employees
1,625
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$143.33
High Stock Price Target
$175.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+0.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$274.57 million
Pretax Margin
20.34%

Debt

Sales & Book Value

Annual Sales
$1.85 billion
Cash Flow
$7.35 per share
Book Value
$33.71 per share

Miscellaneous

Free Float
52,906,000
Market Cap
$7.63 billion
Optionable
Optionable
Beta
0.94

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CRUS Stock Analysis - Frequently Asked Questions

How have CRUS shares performed this year?

Cirrus Logic's stock was trading at $83.19 on January 1st, 2024. Since then, CRUS shares have increased by 70.8% and is now trading at $142.09.
View the best growth stocks for 2024 here
.

How were Cirrus Logic's earnings last quarter?

Cirrus Logic, Inc. (NASDAQ:CRUS) issued its earnings results on Tuesday, August, 6th. The semiconductor company reported $1.12 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $0.50. Cirrus Logic's revenue was up 18.0% on a year-over-year basis.

What is John Forsyth's approval rating as Cirrus Logic's CEO?

25 employees have rated Cirrus Logic Chief Executive Officer John Forsyth on Glassdoor.com. John Forsyth has an approval rating of 92% among the company's employees. This puts John Forsyth in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 85.0% of employees surveyed would recommend working at Cirrus Logic to a friend.

Does Cirrus Logic have any subsidiaries?

Cirrus Logic subsidiaries include these companies: Wolfson Microelectronics, Acoustic Technologies Inc, Apex Microtechnology, Caretta Integrated Circuits Inc, Stream Machine Company, LuxSonor Semiconductors Inc, ShareWave Inc, and others.

Who are Cirrus Logic's major shareholders?

Top institutional investors of Cirrus Logic include LSV Asset Management (3.54%), Mackenzie Financial Corp (3.41%), Earnest Partners LLC (2.54%) and Dimensional Fund Advisors LP (2.37%). Insiders that own company stock include Carl Jackson Alberty, Scott Thomas, Alexander M Davern, Timothy R Dehne, Jodee Benson, Scott Arnold Anderson, Justin E Dougherty, Andrew Brannan, Venkatesh Nathamuni, Allan Hughes, Thurman K Case and Jeffrey W Baumgartner.
View institutional ownership trends
.

How do I buy shares of Cirrus Logic?

Shares of CRUS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cirrus Logic own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cirrus Logic investors own include Hawkins (HWKN), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), QUALCOMM (QCOM), Netflix (NFLX) and Walt Disney (DIS).

This page (NASDAQ:CRUS) was last updated on 8/22/2024 by MarketBeat.com Staff

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