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NASDAQ:CREE

Cree (CREE) Stock Price, News & Analysis

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About Cree Stock (NASDAQ:CREE)

Key Stats

Today's Range
$14.87
$15.81
50-Day Range
$78.36
$96.60
52-Week Range
$60.56
$129.90
Volume
6.04 million shs
Average Volume
1.55 million shs
Market Capitalization
$1.74 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Cree, Inc. is an innovator of Wolfspeed power and radio frequency (RF) semiconductors. Its Wolfspeed product families include silicon carbide materials, power-switching devices and RF devices targeted for applications such as electric vehicles, fast charging inverters, power supplies, telecom and military and aerospace. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

Cree Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
4th Percentile Overall Score

CREE MarketRank™: 

Cree scored higher than 4% of companies evaluated by MarketBeat, and ranked 663rd out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Cree are expected to grow in the coming year, from ($1.42) to ($0.48) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cree is -3.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cree is -3.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Cree has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for CREE.
  • Dividend Yield

    Cree does not currently pay a dividend.

  • Dividend Growth

    Cree does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for CREE.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Cree this week, compared to 8 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Cree insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.36% of the stock of Cree is held by insiders.

  • Read more about Cree's insider trading history.
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CREE Stock News Headlines

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See More Headlines

CREE Stock Analysis - Frequently Asked Questions

Cree, Inc. (NASDAQ:CREE) released its quarterly earnings results on Monday, August, 16th. The LED producer reported ($0.23) earnings per share for the quarter, beating analysts' consensus estimates of ($0.24) by $0.01. Cree's revenue for the quarter was up 34.5% on a year-over-year basis.

The following companies are subsidiaries of Cree: Infineon Technologies - Radio Frequency (RF) Power Business, Arkansas Power Electronics International Inc, Ruud Lighting Inc, LED Lighting Fixtures, and Cree Hong Kong Limited.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cree investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Tesla (TSLA), Netflix (NFLX), Intel (INTC) and QUALCOMM (QCOM).

Company Calendar

Last Earnings
8/16/2021
Today
10/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & Related Devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:CREE
CUSIP
22544710
Fax
N/A
Employees
3,466
Year Founded
1987

Profitability

Net Income
$-523,900,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$525.60 million
Cash Flow
$0.00 per share
Book Value
$18.33 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.74 billion
Optionable
No Data
Beta
1.44

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This page (NASDAQ:CREE) was last updated on 10/31/2024 by MarketBeat.com Staff
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