Cray Inc. is engaged in designing, developing, manufacturing, marketing and servicing the high performance computing (HPC) market, primarily categories of systems known as supercomputers. The Company's segments include Supercomputing, Storage and Data Management, Maintenance and Support, and Engineering Services and Other. The Supercomputing segment includes a suite of supercomputer systems, which are used by engineering centers in universities, government laboratories, and commercial institutions. The Storage and Data Management segment includes Cray Data Warp and Sonexion, as well as other third-party storage products and their ongoing maintenance and system analysts. The Maintenance and Support segment provides ongoing maintenance of Cray supercomputers, big data storage and analytics systems, as well as system analysts. The Engineering Services and Other segment includes the Company's analytics business and Custom Engineering.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Scientific & Super Computers
- Sub-Industry: Computer Hardware
- Symbol: NASDAQ:CRAY
- CUSIP: 22522330
- Web: www.cray.com
Capitalization:- Market Cap: $750.89 million
- Outstanding Shares: 40,157,000
Average Prices:- 50 Day Moving Avg: $19.13
- 200 Day Moving Avg: $18.94
- 52 Week Range: $16.10 - $25.32
P/E:- Trailing P/E Ratio: 272.015
- Foreward P/E Ratio: -24.16
- P/E Growth: -0.820
Sales & Book Value:- Annual Revenue: $570.19 million
- Price / Sales: 1.31
- Book Value: $12.52 per share
- Price / Book: 1.49
Profitability:- EBIDTA: $5.35 million
- Net Margins: 0.47%
- Return on Equity: -1.03%
- Return on Assets: -0.74%
Debt:- Current Ratio: 3.15%
- Quick Ratio: 2.17%
Misc:- Average Volume: 373,272 shs.
- Beta: 1.66
- Short Ratio: 8.62
Frequently Asked Questions for Cray (NASDAQ:CRAY)
What is Cray's stock symbol?
Cray trades on the NASDAQ under the ticker symbol "CRAY."
How were Cray's earnings last quarter?
Cray Inc (NASDAQ:CRAY) announced its quarterly earnings data on Thursday, July, 27th. The company reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.54) by $0.34. The business earned $87.10 million during the quarter, compared to the consensus estimate of $60.18 million. Cray had a net margin of 0.47% and a negative return on equity of 1.03%. The company's revenue was down 13.1% on a year-over-year basis. During the same period in the previous year, the business earned ($0.29) earnings per share. View Cray's Earnings History.
When will Cray make its next earnings announcement?
Where is Cray's stock going? Where will Cray's stock price be in 2017?
2 brokerages have issued 1-year target prices for Cray's stock. Their forecasts range from $23.00 to $26.00. On average, they anticipate Cray's share price to reach $24.50 in the next twelve months. View Analyst Ratings for Cray.
Who are some of Cray's key competitors?
Some companies that are related to Cray include Loral Space and Communications (LORL), Oclaro (OCLR), Plantronics (PLT), Kulicke and Soffa Industries (KLIC), TrueCar (TRUE), MicroStrategy Incorporated (MSTR), Rambus (RMBS), Diodes Incorporated (DIOD), Badger Meter (BMI), Cubic Corporation (CUB), Appian Corporation (APPN), Knowles Corporation (KN), Fabrinet (FN), Globant S.A. (GLOB), GTT Communications (GTT), Extreme Networks (EXTR), Bottomline Technologies (EPAY) and Synaptics Incorporated (SYNA).
Who are Cray's key executives?
Cray's management team includes the folowing people:
- Peter J. Ungaro, President, Chief Executive Officer, Director
- Brian C. Henry, Chief Financial Officer and Executive Vice President
- Stathis Papaefstathiou, Senior Vice President - Research and Development
- Ryan Waite, Senior Vice President - Products
- Steven L. Scott Ph.D., Senior Vice President and Chief Technology Officer
- Fred Kohout, Chief Marketing Officer
- Charles A. Morreale, Vice President - Field Operations
- Charles D. Fairchild, Vice President, Chief Accounting Officer, Corporate Controller
- Catalin Morosanu, Vice President - Sales for the Europe, Middle East and Africa (EMEA) Region
- Barry Charles Bolding, Vice President - Marketing and Business Development
Who owns Cray stock?
Cray's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.50%), Capital Research Global Investors (12.13%), Vanguard Group Inc. (9.02%), Dimensional Fund Advisors LP (4.88%), State of New Jersey Common Pension Fund D (3.69%) and Bank of New York Mellon Corp (3.21%). Company insiders that own Cray stock include Barry Charles Bolding, Brian C Henry, Charles A Morreale, Charles Daniel Fairchild, Michael Charles Piraino, Ryan W J Waite, Sally G Narodick and Stephen C Kiely. View Institutional Ownership Trends for Cray.
Who sold Cray stock? Who is selling Cray stock?
Cray's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, FMR LLC, Goldman Sachs Group Inc., JPMorgan Chase & Co., Paradigm Capital Management Inc. NY, Citigroup Inc., Northern Trust Corp and California State Teachers Retirement System. Company insiders that have sold Cray stock in the last year include Charles A Morreale and Stephen C Kiely. View Insider Buying and Selling for Cray.
Who bought Cray stock? Who is buying Cray stock?
Cray's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, American Century Companies Inc., Senvest Management LLC, Victory Capital Management Inc., Ameriprise Financial Inc., Vanguard Group Inc., Horrell Capital Management Inc. and Royce & Associates LP. View Insider Buying and Selling for Cray.
How do I buy Cray stock?
Shares of Cray can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cray's stock price today?
One share of Cray stock can currently be purchased for approximately $18.60.
MarketBeat Community Rating for Cray (NASDAQ CRAY)MarketBeat's community ratings are surveys of what our community members think about Cray and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Cray (NASDAQ:CRAY)Earnings History by Quarter for Cray (NASDAQ CRAY)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | ($0.50) | | | | | N/A |  |
| 7/27/2017 | Q2 2017 | ($0.54) | ($0.20) | $60.18 million | $87.10 million | View | N/A | |
| 5/2/2017 | Q1 2017 | ($0.50) | ($0.71) | $56.60 million | $59.03 million | View | Listen | |
| 2/8/2017 | Q4 2016 | $1.24 | $1.38 | $346.79 million | $346.60 million | View | Listen | |
| 11/7/2016 | Q3 | ($0.34) | ($0.49) | $79.53 million | $77.50 million | View | Listen | |
| 8/2/2016 | Q2 | ($0.25) | ($0.29) | $101.36 million | $100.20 million | View | Listen | |
| 5/3/2016 | Q1 | ($0.25) | ($0.13) | $100.80 million | $105.50 million | View | Listen | |
| 2/11/2016 | Q4 | $0.69 | $0.79 | $263.46 million | $267.50 million | View | Listen | |
| 10/29/2015 | Q315 | $0.06 | $0.48 | $140.95 million | $191.40 million | View | Listen | |
| 7/30/2015 | Q215 | ($0.15) | $0.30 | $129.44 million | $186.20 million | View | Listen | |
| 5/5/2015 | Q115 | ($0.39) | ($0.28) | $80.00 million | $79.60 million | View | Listen | |
| 2/11/2015 | Q414 | $0.82 | $0.99 | $260.33 million | $261.90 million | View | Listen | |
| 10/28/2014 | Q314 | ($0.01) | $0.25 | $125.30 million | $159.40 million | View | Listen | |
| 7/29/2014 | Q214 | ($0.30) | ($0.22) | $74.75 million | $85.10 million | View | Listen | |
| 4/29/2014 | Q114 | ($0.47) | ($0.46) | $50.88 million | $55.11 million | View | Listen | |
| 2/13/2014 | Q413 | $1.39 | $1.48 | $300.56 million | $307.40 million | View | Listen | |
| 11/11/2013 | Q313 | ($0.12) | ($0.35) | $89.88 million | $54.40 million | View | Listen | |
| 7/31/2013 | Q2 2013 | ($0.20) | ($0.19) | $79.75 million | $84.50 million | View | Listen | |
| 4/30/2013 | Q1 2013 | ($0.24) | ($0.23) | $70.33 million | $79.50 million | View | Listen | |
| 2/14/2013 | Q4 2012 | $0.54 | $0.44 | $187.59 million | $188.80 million | View | Listen | |
| 11/9/2012 | Q312 | ($0.42) | ($0.14) | $30.00 million | $35.70 million | View | N/A | |
| 7/31/2012 | | $0.14 | $3.91 | | | View | N/A | |
| 4/26/2012 | | $0.03 | $0.13 | | | View | N/A | |
| 11/1/2011 | | ($0.47) | ($0.35) | | | View | N/A | |
| 7/28/2011 | | ($0.21) | ($0.08) | | | View | N/A | |
| 5/9/2011 | | ($0.47) | ($0.04) | | | View | N/A | |
| 2/16/2011 | | $1.27 | $1.46 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Cray (NASDAQ:CRAY)2017 EPS Consensus Estimate: $0.02
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.30) | ($0.30) | ($0.30) |
| Q2 2017 | 1 | ($0.31) | ($0.31) | ($0.31) |
| Q3 2017 | 1 | ($0.33) | ($0.33) | ($0.33) |
| Q4 2017 | 1 | $0.96 | $0.96 | $0.96 |
(Data provided by Zacks Investment Research)
Dividend History for Cray (NASDAQ:CRAY)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Cray (NASDAQ:CRAY)Insider Ownership Percentage: 4.00%
Institutional Ownership Percentage: 96.23%
Insider Trades by Quarter for Cray (NASDAQ:CRAY)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/9/2017 | Stephen C Kiely | Director | Sell | 2,000 | $18.55 | $37,100.00 | |
| 11/7/2016 | Charles A Morreale | SVP | Sell | 6,455 | $19.50 | $125,872.50 | |
| 8/16/2016 | Michael Charles Piraino | SVP | Sell | 15,000 | $21.97 | $329,550.00 | |
| 5/5/2016 | Stephen C Kiely | Director | Sell | 2,102 | $31.00 | $65,162.00 | |
| 2/25/2016 | Ryan W J Waite | SVP | Sell | 1,406 | $42.99 | $60,443.94 | |
| 2/23/2016 | Barry Charles Bolding | SVP | Sell | 7,256 | $41.62 | $301,994.72 | |
| 2/22/2016 | Charles Daniel Fairchild | CAO | Sell | 16,545 | $40.85 | $675,863.25 | |
| 2/19/2016 | Brian C Henry | CFO | Sell | 83,582 | $41.36 | $3,456,951.52 | |
| 2/18/2016 | Sally G Narodick | Director | Sell | 15,000 | $41.25 | $618,750.00 | |
| 2/23/2015 | Brian C Henry | CFO | Sell | 26,334 | $32.47 | $855,064.98 | |
| 11/18/2014 | Frank L Lederman | Director | Sell | 7,935 | $33.99 | $269,710.65 | |
| 8/20/2014 | Frank L Lederman | Director | Sell | 15,748 | $26.55 | $418,109.40 | |
| 8/19/2014 | Brian C Henry | CFO | Sell | 55,102 | $27.75 | $1,529,080.50 | |
| 5/29/2014 | Sally G Narodick | Director | Sell | 10,000 | $28.07 | $280,700.00 | |
| 5/19/2014 | Peter Ungaro | CEO | Sell | 150,000 | $26.73 | $4,009,500.00 | |
| 5/15/2014 | Peter Ungaro | CEO | Sell | 150,000 | $26.46 | $3,969,000.00 | |
| 2/24/2014 | Brian Henry | CFO | Sell | 123,499 | $35.12 | $4,337,284.88 | |
| 8/12/2013 | Charles Morreale | VP | Sell | 42,214 | $27.94 | $1,179,459.16 | |
| 8/2/2013 | Michael Charles Piraino | VP | Sell | 20,000 | $27.21 | $544,200.00 | |
| 5/23/2013 | Frank L Lederman | Director | Sell | 18,705 | $17.31 | $323,783.55 | |
| 11/1/2012 | Barry Charles Bolding | VP | Sell | 10,000 | $12.21 | $122,100.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Cray (NASDAQ:CRAY)
Latest Headlines for Cray (NASDAQ:CRAY)
| Source: |
|
| Date | Headline |
|---|
 | Home office not viable for jurisdiction in East Texas patent case – Fed Circ. - Reuters
www.reuters.com - September 23 at 5:22 PM |
 | Cray Awarded $48 Million Contract From the Korea Institute of Science and Technology Information - GlobeNewswire (press release)
globenewswire.com - September 23 at 5:21 PM |
 | Cray Awarded $48 Million Contract From the Korea Institute of Science and Technology Information
finance.yahoo.com - September 21 at 5:29 PM |
 | Cray announces $48M supercomputer contract
seekingalpha.com - September 21 at 4:31 PM |
| Japan’s Yokohama City University Selects Cray XC50-AC Supercomputer for Life Sciences Research
finance.yahoo.com - September 20 at 6:16 PM |
 | Analysts Expect Cray Inc (CRAY) Will Announce Quarterly Sales of $59.50 Million
www.americanbankingnews.com - September 20 at 5:28 AM |
| Japan Advanced Institute of Science and Technology Puts Cray XC40 Supercomputer Into Production - GlobeNewswire (press release)
globenewswire.com - September 18 at 10:45 PM |
| Zacks: Analysts Expect Cray Inc (CRAY) to Post -$0.49 Earnings Per Share
www.americanbankingnews.com - September 18 at 8:32 PM |
 | Notable Two Hundred Day Moving Average Cross - CRAY
www.thestreet.com - September 18 at 5:31 PM |
| Japan Advanced Institute of Science and Technology Puts Cray XC40 Supercomputer Into Production
finance.yahoo.com - September 18 at 5:31 PM |
| Cray Inc (CRAY) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - September 16 at 2:46 AM |
 | Crayola Reveals Name of Its New Blue Crayon
investorplace.com - September 15 at 2:39 PM |
| Cray, Inc. breached its 50 day moving average in a Bearish Manner : CRAY-US : September 11, 2017
finance.yahoo.com - September 11 at 6:07 PM |
| Cray Signs Solutions Provider Agreement With Vanguard Infrastructures - GlobeNewswire (press release)
globenewswire.com - September 7 at 3:36 AM |
| Cray, Inc. – Value Analysis (NASDAQ:CRAY) : September 6, 2017
finance.yahoo.com - September 6 at 12:05 AM |
| BRIEF-Cray signs a solutions provider agreement with Vanguard Infrastructures
www.reuters.com - September 5 at 7:03 PM |
| Cray Signs Solutions Provider Agreement With Vanguard Infrastructures
finance.yahoo.com - September 5 at 7:03 PM |
| $59.50 Million in Sales Expected for Cray Inc (CRAY) This Quarter
www.americanbankingnews.com - September 2 at 11:44 AM |
| Cray, Inc. breached its 50 day moving average in a Bullish Manner : CRAY-US : September 1, 2017
finance.yahoo.com - September 1 at 5:46 PM |
| Embry-Riddle Aeronautical University Acquires Cray CS Cluster Supercomputer to Advance Aerospace Research - GlobeNewswire (press release)
globenewswire.com - August 29 at 5:54 PM |
| Embry-Riddle Aeronautical University Acquires Cray CS Cluster Supercomputer to Advance Aerospace Research
finance.yahoo.com - August 29 at 5:53 PM |
| Cray Inc (CRAY) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - August 28 at 9:58 PM |
| Cray's A Play in Machine Learning, Says KeyBanc; Benefits to IDT, Micron
finance.yahoo.com - August 28 at 5:22 PM |
| Cray Inc (CRAY) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 22 at 2:32 AM |
| Cray, Inc. breached its 50 day moving average in a Bearish Manner : CRAY-US : August 21, 2017
finance.yahoo.com - August 21 at 5:17 PM |
 | Staff at Two U.K. McDonald’s Restaurants Vote for First Strike
www.bloomberg.com - August 18 at 1:58 PM |
| ETFs with exposure to Cray, Inc. : August 17, 2017
finance.yahoo.com - August 17 at 6:47 PM |
| Stifel Nicolaus Reaffirms Buy Rating for Cray Inc. (CRAY)
www.americanbankingnews.com - August 16 at 4:30 PM |
| Nokia and Ericsson urge Federal Circuit not to undo patent case venue ruling
www.reuters.com - August 10 at 4:02 AM |
| Featured Company News - Hewlett Packard Enterprise Finalizes Completion Date of its Proposed Divestiture of Software Business and Merger with Micro Focus
finance.yahoo.com - August 7 at 5:55 PM |
| Cray, Inc. :CRAY-US: Earnings Analysis: Q2, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 3 at 4:27 PM |
| Tech companies back Cray bid to clarify East Texas patent venue rules - Reuters
www.reuters.com - July 28 at 7:20 PM |
| Edited Transcript of CRAY earnings conference call or presentation 27-Jul-17 8:30pm GMT
finance.yahoo.com - July 28 at 7:20 PM |
| Cray reports 2Q loss
finance.yahoo.com - July 28 at 7:20 PM |
| Cray Inc (CRAY) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 28 at 11:21 AM |
| Cray Inc (CRAY) Issues Earnings Results
www.americanbankingnews.com - July 27 at 11:52 PM |
| BRIEF-Cray Q2 loss per share $0.17
www.reuters.com - July 27 at 10:53 PM |
| Cray to Expand Storage Portfolio Through Strategic Transaction and Partnership With Seagate
finance.yahoo.com - July 27 at 10:53 PM |
 | Cray Inc. Reports Second Quarter 2017 Financial Results - Nasdaq
www.nasdaq.com - July 27 at 5:50 PM |
| Cray Inc. Reports Second Quarter 2017 Financial Results
finance.yahoo.com - July 27 at 5:50 PM |
| Cray to Expand Storage Portfolio Through Strategic Transaction and Partnership With Seagate - Nasdaq
www.nasdaq.com - July 27 at 2:50 AM |
 | Cray to Announce Second Quarter 2017 Financial...
www.benzinga.com - July 25 at 5:28 PM |
| Cray to Announce Second Quarter 2017 Financial Results on Thursday, July 27 at 4:30 PM ET - GlobeNewswire (press release)
globenewswire.com - July 25 at 3:16 AM |
| Cray to Announce Second Quarter 2017 Financial Results on Thursday, July 27 at 4:30 P.M. ET
finance.yahoo.com - July 24 at 10:13 PM |
| Cray Inc (NASDAQ:CRAY) to Release Earnings on Monday
www.americanbankingnews.com - July 24 at 8:49 AM |
| Cray Inc (CRAY) Rating Increased to Sell at BidaskClub
www.americanbankingnews.com - July 23 at 6:52 PM |
 | Seattle supercomputer company Cray cuts 190 jobs in reorganization
www.bizjournals.com - July 19 at 6:41 PM |
| BRIEF-Cray Inc says company commenced implementing a restructuring plan
www.reuters.com - July 19 at 6:41 PM |
| Cray to slash workforce by about 14%, most by the end of the week
finance.yahoo.com - July 19 at 6:41 PM |
| Cray (CRAY) Looks Good: Stock Adds 6.2% in Session - Nasdaq
www.nasdaq.com - July 17 at 12:13 PM |
Cray (CRAY) Chart for Monday, September, 25, 2017
