Cadence Design Systems Company Profile (NASDAQ:CDNS)

About Cadence Design Systems

Cadence Design Systems, Inc. (Cadence) develops system design enablement (SDE) solutions that are used to design whole electronics systems and integrated circuits (ICs) and electronic devices. The Company's SDE product offerings include electronic design automation (EDA), software, emulation and prototyping hardware, and two categories of intellectual property (IP): verification IP (VIP) and design IP. The Company provides maintenance for its software, emulation hardware and IP product offerings. The Company offers products and technologies for Functional Verification, including Emulation and Prototyping Hardware; Digital IC Design and Signoff; Custom IC Design; System Interconnect and Analysis, and IP. It offers products and services to electronics systems and semiconductor companies, Internet service providers and other technology companies that deliver a range of electronics products in market segments, such as mobile and consumer devices, communications and personal computers.

Industry, Sector and Symbol:

Sector: Computer and Technology
Industry: Application Software
Sub-Industry: Application Software
Exchange: NASDAQ
Symbol: CDNS
CUSIP: 12738710

Key Metrics:

Previous Close: $25.53
50 Day Moving Average: $25.06
200 Day Moving Average: $24.34
52-Week Range: $18.32 - $26.24
Trailing P/E Ratio: 30.25
Foreward P/E Ratio: 18.78
P/E Growth: 2.09
Market Cap: $7.46B
Outstanding Shares: 292,338,000
Beta: 1.05

Profitability:

Net Margins: 14.52%
Return on Equity: 21.48%
Return on Assets: 11.34%

Debt:

Debt-to-Equity Ratio: 0.60%
Current Ratio: 1.70%
Quick Ratio: 1.59%

Additional Links:

Companies Related to Cadence Design Systems:

Consensus Ratings for Cadence Design Systems (NASDAQ:CDNS) (?)

Ratings Breakdown:	4 Hold Ratings, 6 Buy Ratings
Consensus Rating:	Buy (Score: 2.60)
Consensus Price Target:	$26.05 (2.02% upside)

Analysts' Ratings History for Cadence Design Systems (NASDAQ:CDNS)

Show:

Date	Firm	Action	Rating	Price Target
7/26/2016	RBC Capital Markets	Reiterated Rating	Outperform	$29.00
7/26/2016	Bank of America Corp.	Reiterated Rating	Buy	$30.00
6/14/2016	Needham & Company LLC	Downgrade	Buy -> Hold
6/6/2016	Royal Bank Of Canada	Initiated Coverage	Outperform	$29.00
4/26/2016	Topeka Capital Markets	Boost Price Target	Buy	$25.00 -> $27.00
4/6/2016	DA Davidson	Downgrade	Buy -> Neutral	$25.00
2/4/2016	Northland Securities	Lower Price Target		$27.50 -> $26.50
2/4/2016	JPMorgan Chase & Co.	Boost Price Target	Neutral	$21.00 -> $22.00
10/27/2015	Piper Jaffray Cos.	Reiterated Rating	Buy	$22.00 -> $26.00
10/8/2015	Benchmark Co.	Initiated Coverage	Hold	$22.00
7/28/2015	Summit Research	Reiterated Rating	Buy	$23.00 -> $30.00
2/5/2015	Pacific Crest	Downgrade	Outperform -> Sector Perform

(Data available from 10/1/2014 forward)

Earnings History for Cadence Design Systems (NASDAQ:CDNS)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/24/2016
7/25/2016	Q216	$0.28	$0.29	$449.54 million	$453.00 million	View	Listen
4/25/2016	Q116	$0.27	$0.28	$444.73 million	$448.00 million	View	Listen
2/3/2016	Q415	$0.29	$0.31	$440.24 million	$441.08 million	View	N/A
10/26/2015	Q315	$0.26	$0.28	$429.40 million	$434.00 million	View	Listen
7/27/2015	Q215	$0.24	$0.27	$416.36 million	$415.89 million	View	Listen
4/27/2015	Q115	$0.21	$0.23	$409.11 million	$411.37 million	View	N/A
2/4/2015	Q414	$0.27	$0.27	$422.78 million	$423.00 million	View	Listen
10/20/2014	Q314	$0.24	$0.26	$396.20 million	$400.00 million	View	Listen
7/21/2014	Q214	$0.20	$0.21	$375.93 million	$378.80 million	View	N/A
4/21/2014	Q114	$0.19	$0.20	$376.80 million	$378.55 million	View	N/A
1/29/2014	Q413	$0.23	$0.23	$375.62 million	$376.70 million	View	N/A
10/23/2013	Q313	$0.21	$0.21	$367.03 million	$367.00 million	View	N/A
7/24/2013	Q2 2013	$0.20	$0.21	$359.60 million	$362.00 million	View	N/A
4/24/2013	Q1 2013	$0.20	$0.21	$347.34 million	$354.26 million	View	N/A
1/30/2013	Q4 2012	$0.20	$0.20	$340.70 million	$346.00 million	View	N/A
10/24/2012		$0.18	$0.21			View	N/A
7/25/2012		$0.18	$0.19			View	N/A
4/25/2012		$0.15	$0.17			View	N/A
2/1/2012		$0.15	$0.17			View	N/A
10/26/2011		$0.12	$0.14			View	N/A
7/28/2011		$0.10	$0.12			View	N/A
4/27/2011		$0.08	$0.09			View	N/A
2/2/2011		$0.04	$0.07			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Cadence Design Systems (NASDAQ:CDNS)

Current Year EPS Consensus Estimate: $1.200 EPS
Next Year EPS Consensus Estimate: $1.360 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	2	$0.16	$0.17	$0.17
Q2 2016	2	$0.17	$0.19	$0.18
Q3 2016	2	$0.18	$0.19	$0.19
Q4 2016	2	$0.22	$0.25	$0.24
Q1 2017	2	$0.20	$0.22	$0.21
Q2 2017	3	$0.23	$0.25	$0.24
Q3 2017	2	$0.24	$0.25	$0.25
Q4 2017	1	$0.27	$0.27	$0.27

(Data provided by Zacks Investment Research)

Dividend History for Cadence Design Systems (NASDAQ:CDNS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trading History for Cadence Design Systems (NASDAQ:CDNS)

Insider Ownership Percentage: 2.70%
Institutional Ownership Percentage: 85.57%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/22/2016	Thomas P Beckley	Insider	Sell	58,646	$25.00	$1,466,150.00
9/12/2016	George Scalise	Director	Sell	5,000	$25.27	$126,350.00
8/22/2016	Thomas P Beckley	VP	Sell	13,548	$25.00	$338,700.00
8/11/2016	Anirudh Devgan	Insider	Sell	130,000	$24.85	$3,230,500.00
8/1/2016	Geoffrey G Ribar	CFO	Sell	22,933	$24.16	$554,061.28
7/15/2016	Lip Bu Tan	CEO	Sell	25,000	$25.59	$639,750.00
7/12/2016	Chi-Ping Hsu	VP	Sell	3,750	$25.60	$96,000.00
7/5/2016	James J Cowie	VP	Sell	3,121	$24.23	$75,621.83
6/15/2016	Lip Bu Tan	CEO	Sell	150,000	$24.39	$3,658,500.00
6/7/2016	Chi-Ping Hsu	VP	Sell	20,312	$25.16	$511,049.92
6/3/2016	Chi-Ping Hsu	VP	Sell	73,542	$24.67	$1,814,281.14
5/24/2016	James J Cowie	VP	Sell	59,509	$25.16	$1,497,246.44
5/24/2016	John B Shoven	Director	Sell	50,000	$24.63	$1,231,500.00
5/23/2016	Aneel Zaman	VP	Sell	28,807	$24.33	$700,874.31
5/20/2016	Chi-Ping Hsu	VP	Sell	20,000	$24.22	$484,400.00
5/20/2016	Vincentelli Albert Sangiovanni	Director	Sell	25,000	$24.50	$612,500.00
5/16/2016	Chi-Ping Hsu	VP	Sell	40,000	$24.00	$960,000.00
5/3/2016	James J Cowie	VP	Sell	3,130	$23.33	$73,022.90
5/2/2016	Geoffrey G Ribar	CFO	Sell	19,709	$23.31	$459,416.79
4/28/2016	Roger S Siboni	Director	Sell	9,906	$23.50	$232,791.00
4/15/2016	Lip Bu Tan	CEO	Sell	150,000	$23.40	$3,510,000.00
4/4/2016	James J Cowie	VP	Sell	3,121	$23.60	$73,655.60
3/18/2016	Thomas P Beckley	VP	Sell	71,666	$23.20	$1,662,651.20
3/14/2016	James J Cowie	VP	Sell	32,500	$22.69	$737,425.00
1/4/2016	Roger S. Siboni	Director	Sell	13,571	$20.42	$277,119.82
12/1/2015	Vincentelli Albert Sangiovanni	Director	Sell	25,000	$22.30	$557,500.00
10/29/2015	Roger S. Siboni	Director	Sell	46,575	$22.12	$1,030,239.00
10/28/2015	Thomas P. Beckley	VP	Sell	33,800	$22.31	$754,078.00
10/27/2015	Chi-Ping Hsu	VP	Sell	121,250	$22.71	$2,753,587.50
10/20/2015	Lip Bu Tan	CEO	Sell	155,000	$21.19	$3,284,450.00
10/15/2015	James J. Cowie	VP	Sell	65,000	$21.38	$1,389,700.00
10/9/2015	Thomas P. Beckley	VP	Sell	17,600	$21.67	$381,392.00
10/6/2015	Thomas P. Beckley	VP	Sell	2,400	$21.50	$51,600.00
9/25/2015	John B. Shoven	Director	Sell	32,912	$21.25	$699,380.00
9/23/2015	John B. Shoven	Director	Sell	17,088	$21.26	$363,290.88
9/21/2015	Lip Bu Tan	CEO	Sell	155,000	$21.06	$3,264,300.00
8/20/2015	Lip Bu Tan	CEO	Sell	155,000	$20.78	$3,220,900.00
6/18/2015	Martin Lund	VP	Sell	25,000	$20.16	$504,000.00
5/4/2015	Roger S Siboni	Director	Sell	10,040	$19.06	$191,362.40
5/1/2015	Geoffrey G Ribar	CFO	Sell	33,333	$18.91	$630,327.03
5/1/2015	Roger S Siboni	Director	Sell	36,307	$19.01	$690,196.07
4/20/2015	Lip Bu Tan	CEO	Sell	125,000	$18.58	$2,322,500.00
4/17/2015	Charlie X Huang	EVP	Sell	10,000	$18.38	$183,800.00
4/8/2015	Thomas P Beckley	VP	Sell	10,000	$19.00	$190,000.00
3/20/2015	Anirudh Devgan	VP	Sell	20,000	$18.71	$374,200.00
3/18/2015	Charlie X Huang	EVP	Sell	10,000	$18.61	$186,100.00
3/16/2015	Chi-Ping Hsu	VP	Sell	16,299	$18.48	$301,205.52
3/5/2015	Chi-Ping Hsu	VP	Sell	213,701	$18.46	$3,944,920.46
2/25/2015	Lip Bu Tan	CEO	Sell	895,174	$18.48	$16,542,815.52
2/24/2015	Lip Bu Tan	CEO	Sell	120,411	$18.62	$2,242,052.82
2/23/2015	Lip Bu Tan	CEO	Sell	695,589	$18.43	$12,819,705.27
2/20/2015	Chi-Ping Hsu	VP	Sell	117,292	$18.23	$2,138,233.16
11/11/2014	James J Cowie	VP	Sell	82,500	$18.57	$1,532,025.00
6/13/2014	Roger S Siboni	Director	Sell	25,000	$16.93	$423,250.00
6/11/2014	John B Shoven	Director	Sell	25,000	$17.02	$425,500.00
5/27/2014	Martin Lund	SVP	Sell	5,385	$17.00	$91,545.00
5/21/2014	Martin Lund	SVP	Sell	10,605	$16.24	$172,225.20
5/21/2014	Thomas Beckley	VP	Sell	1,762	$16.50	$29,073.00
5/20/2014	James Cowie	VP	Sell	110,000	$16.09	$1,769,900.00
3/31/2014	Martin Lund	SVP	Sell	5,000	$15.50	$77,500.00
3/6/2014	George Scalise	Director	Sell	25,000	$15.48	$387,000.00
3/6/2014	James Cowie	VP	Sell	50,000	$15.59	$779,500.00
3/4/2014	Thomas Beckley	VP	Sell	5,837	$15.50	$90,473.50
2/27/2014	John Shoven	Director	Sell	25,000	$15.35	$383,750.00
2/24/2014	Roger Siboni	Director	Sell	25,000	$15.25	$381,250.00
2/21/2014	Geoffrey Ribar	CFO	Sell	20,000	$15.00	$300,000.00
2/21/2014	Martin Lund	SVP	Sell	5,000	$15.00	$75,000.00
2/20/2014	Vincentelli Albert Sangiovanni	Director	Sell	25,000	$14.95	$373,750.00
2/12/2014	Thomas Beckley	VP	Sell	93,713	$14.63	$1,371,021.19
2/5/2014	Lip Bu Tan	CEO	Buy	11,000	$13.76	$151,360.00
2/4/2014	Lip Bu Tan	CEO	Buy	10,000	$13.89	$138,900.00
10/29/2013	Lip Bu Tan	CEO	Buy	20,000	$12.83	$256,600.00
9/10/2013	Geoffrey G Ribar	CFO	Sell	40,000	$13.49	$539,600.00
6/6/2013	George Scalise	Director	Sell	25,000	$14.93	$373,250.00
9/17/2012	Vincentelli Albert Sangiovanni	Director	Sell	5,000	$13.51	$67,550.00
9/4/2012	Chi-Ping Hsu	VP	Sell	13,887	$13.24	$183,863.88
9/4/2012	Vincentelli Albert Sangiovanni	Director	Sell	5,000	$13.16	$65,800.00
8/9/2012	Chi-Ping Hsu	VP	Sell	4,913	$12.57	$61,756.41

(Data available from 1/1/2013 forward)

Latest Headlines for Cadence Design Systems (NASDAQ:CDNS)

Date	Headline
	Uptrend Call Working As Cadence Design Systems Stock Rises 22.3% (CDNS) (NASDAQ:CDNS) www.mysmartrend.com - September 30 at 4:34 PM
	Cadence Design : Recognized with Four TSMC Partner of the Year Awards (NASDAQ:CDNS) www.4-traders.com - September 28 at 4:00 PM
	Cadence Announces General Availability of Tensilica Xtensa LX7 Processor Architecture, Increasing Floating-Point Scalability ... (NASDAQ:CDNS) ih.advfn.com - September 28 at 4:00 PM
	Recently Changed Price Targets On Cadence Design Systems, Inc ... - NewsDen (NASDAQ:CDNS) newsden.net - September 28 at 8:54 AM
	Top Earnings to Watch for: Cadence Design Systems Inc. (NASDAQ:CDNS) - The Voice Registrar (NASDAQ:CDNS) voiceregistrar.com - September 28 at 8:54 AM
	Cadence Announces General Availability of Tensilica Xtensa LX7 Processor Architecture, Increasing Floating-Point Scalability with 2 to 64 FLOPS/Cycle (NASDAQ:CDNS) www.publicnow.com - September 27 at 4:04 PM
	Cadence Recognized with Four TSMC Partner of the Year Awards (NASDAQ:CDNS) finance.yahoo.com - September 27 at 4:04 PM
	Cadence Design Systems, Inc. (NASDAQ:CDNS) Trading Down – Insiders Are Selling (NASDAQ:CDNS) www.fidaily.com - September 27 at 8:43 AM
	Stocks With Active Momentum- Microsoft (NASDAQ:MSFT), Cadence Design Systems (NASDAQ:CDNS) - Seneca Globe (NASDAQ:CDNS) www.senecaglobe.com - September 23 at 3:33 PM
	20.4% Return Seen to Date on SmarTrend Cadence Design Systems Call (CDNS) (NASDAQ:CDNS) www.mysmartrend.com - September 23 at 9:18 AM
	Cadence Design Systems, Inc. breached its 50 day moving average in a Bullish Manner : CDNS-US : September 23, 2016 (NASDAQ:CDNS) www.capitalcube.com - September 23 at 9:18 AM
	Cadence Design : and TSMC Advance 7nm FinFET Designs for Mobile and HPC Platforms (NASDAQ:CDNS) www.4-traders.com - September 22 at 4:20 PM
	Cadence and TSMC Advance 7nm FinFET Designs for Mobile and HPC Platforms (NASDAQ:CDNS) www.publicnow.com - September 22 at 4:19 PM
	Media Alert: Cadence President and CEO Lip-Bu Tan to Deliver Keynote at TSIA 2016 (NASDAQ:CDNS) www.publicnow.com - September 22 at 9:45 AM
	Cadence Delivers Integrated System Design Solution for TSMC InFO Packaging Technology (NASDAQ:CDNS) www.publicnow.com - September 21 at 4:46 PM
	Cadence Delivers IP for Automotive Applications with TSMC's Advanced 16nm FinFET C Process (NASDAQ:CDNS) finance.yahoo.com - September 21 at 8:09 AM
	Cadence Delivers IP for Automotive Applications with TSMC’s Advanced 16nm FinFET C Process (NASDAQ:CDNS) www.publicnow.com - September 21 at 8:09 AM
	Investors in Cadence Design Systems Inc (CDNS) are paying above the intrinsic value - Simply Wall St (NASDAQ:CDNS) simplywall.st - September 20 at 9:59 AM
	GoPro Inc (NASDAQ:GPRO) & Cadence Design Systems Inc (NASDAQ:CDNS) UPDATE ON U.S STOCKS : 19 SEP 2016 - Money News (NASDAQ:CDNS) www.newsismoney.com - September 20 at 9:59 AM
	Cadence Delivers Rapid Adoption Kit for Fast Implementation and Signoff of New ARM Cortex-R52 CPU (NASDAQ:CDNS) www.publicnow.com - September 20 at 9:59 AM
	Buy These 5 Tech Trades for Breakout Gains in September (NASDAQ:CDNS) www.thestreet.com - September 20 at 9:59 AM
	Research Reports Coverage on Application Software Stocks -- Cadence Design Systems, Red Hat, Intuit, and LifeLock (NASDAQ:CDNS) www.tmcnet.com - September 19 at 8:53 AM
	Cadence Design IP to Support TSMC 16FFC and 28HPC+ Process Technologies (NASDAQ:CDNS) www.tmcnet.com - September 17 at 4:03 PM
	Cadence Announces Availability of Complete IC Packaging Design and Analysis Solutions for Advanced Fan-Out Wafer-Level Chip Scale Packaging (NASDAQ:CDNS) www.tmcnet.com - September 17 at 8:54 AM
	News Buzz in Analytic Views- salesforce.com, inc. (NYSE:CRM ... - Seneca Globe (NASDAQ:CDNS) www.senecaglobe.com - September 14 at 9:22 PM
	Cadence Design Systems, Inc. (NASDAQ:CDNS): How Are Analysts Advising to Play This Stock? - Post News (NASDAQ:CDNS) www.kentuckypostnews.com - September 14 at 8:22 AM
	Cadence Design Systems, Inc. – Value Analysis (NASDAQ:CDNS) : September 13, 2016 (NASDAQ:CDNS) www.capitalcube.com - September 14 at 8:22 AM
	Shares of CDNS Up 21.4% Since Uptrend Call on Shares (NASDAQ:CDNS) www.mysmartrend.com - September 13 at 8:58 AM
	Cadence Tensilica HiFi DSP Offers First processor IP Approved for Dolby AC-4 Decoder - Design and Reuse (press release) (NASDAQ:CDNS) www.design-reuse.com - September 12 at 4:00 PM
	Cadence Offers Industry's First Licensable MPEG-H Audio Decoder for Tensilica HiFi DSPs (NASDAQ:CDNS) finance.yahoo.com - September 12 at 4:00 PM
	Cadence Tensilica HiFi DSP Offers First processor IP Approved for Dolby AC-4 Decoder (NASDAQ:CDNS) www.publicnow.com - September 12 at 4:00 PM
	Cadence Offers Industry’s First Licensable MPEG-H Audio Decoder for Tensilica HiFi DSPs (NASDAQ:CDNS) www.publicnow.com - September 12 at 4:00 PM
	Shares Holding Above Moving Averages: Cadence Design Systems Inc. (NASDAQ:CDNS) - Post News (NASDAQ:CDNS) www.kentuckypostnews.com - September 9 at 4:01 PM
	Analysts Valuations For Two Stocks: Cadence Design Systems Inc (NASDAQ:CDNS), Spirit Airlines Incorporated ... - The Voice Registrar (NASDAQ:CDNS) voiceregistrar.com - September 9 at 4:01 PM
	Cadence to Showcase Latest PCB Design Tools at PCB West 2016 (NASDAQ:CDNS) news.thomasnet.com - September 9 at 8:58 AM
	Cadence Design Systems, Inc. (NASDAQ:CDNS): What is the Sell-side Making of this Stock? - Post News (NASDAQ:CDNS) www.kentuckypostnews.com - September 8 at 5:52 AM
	Placing Cadence Design Systems, Inc. (NASDAQ:CDNS) Shares Under the Microscope - Post News (NASDAQ:CDNS) www.kentuckypostnews.com - September 8 at 5:52 AM
	Analysts Valuations For Two Stocks: Whole Foods Market, Inc ... - The Voice Registrar (NASDAQ:CDNS) voiceregistrar.com - September 7 at 4:12 PM
	Stock Tracker: Earnings & Estimates for Cadence Design Systems, Inc. (NASDAQ:CDNS) - Frisco Fastball (NASDAQ:CDNS) friscofastball.com - September 7 at 4:11 PM
	Media Alert: Cadence to Showcase Latest PCB Design Tools at PCB West 2016 (NASDAQ:CDNS) finance.yahoo.com - September 7 at 4:11 PM
	Stocks Carrying High Returns: BlackBerry Limited (NASDAQ:BBRY ... - Street Wise Report (press release) (blog) (NASDAQ:CDNS) streetwisereport.com - September 6 at 4:01 PM
	The Key Numbers To Watch From Cadence Design Systems Inc. (NASDAQ:CDNS)'s Earnings - The Voice Registrar (NASDAQ:CDNS) voiceregistrar.com - September 2 at 3:57 PM
	Institutions Have Decreased Positions in Cadence Design Systems Inc. (NASDAQ:CDNS) - Post News (NASDAQ:CDNS) www.kentuckypostnews.com - September 2 at 8:56 AM
	Analysts Valuations For Two Stocks: OGE Energy Corp. (NYSE:OGE), Cadence Design Systems Inc (NASDAQ:CDNS) - The Voice Registrar (NASDAQ:CDNS) voiceregistrar.com - September 1 at 4:04 PM
	Will Cypress Semiconductor's New CEO Bet on Private Equity? (NASDAQ:CDNS) www.thestreet.com - August 31 at 4:03 PM
	Cadence Design Systems: Winner In An Oligopoly EDA Industry (NASDAQ:CDNS) seekingalpha.com - August 30 at 4:08 PM
	Stock Up Over the Past Five Trading Days: Cadence Design Systems Inc. (NASDAQ:CDNS) - Post News (NASDAQ:CDNS) www.kentuckypostnews.com - August 29 at 8:38 PM
	Cadence Senior Vice President and Chief Financial Officer Geoff Ribar to Present at the Deutsche Bank Technology Conference (NASDAQ:CDNS) finance.yahoo.com - August 29 at 3:31 PM
	Insider Activity to Track: Cadence Design Systems Inc (NASDAQ:CDNS) - Post Registrar (NASDAQ:CDNS) postregistrar.com - August 26 at 4:20 PM
	Uptrend Call Working As Cadence Design Systems Stock Rises 22.1% (CDNS) (NASDAQ:CDNS) www.mysmartrend.com - August 26 at 12:11 PM