NASDAQ:CRAY - Cray Stock Price, News, & Analysis

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$22.62 +0.06 (+0.27 %)
(As of 02/20/2019 02:36 AM ET)
Previous Close$22.56
Today's Range$22.34 - $22.7950
52-Week Range$18.76 - $28.60
Volume276,090 shs
Average Volume256,658 shs
Market Capitalization$924.93 million
P/E Ratio-15.93
Dividend YieldN/A
Beta1.4
Cray Inc., together with its subsidiaries, designs, develops, manufactures, markets, and services computing systems, and data analytics and artificial intelligence solutions. It operates through Supercomputing, Storage and Data Management, Maintenance and Support, and Engineering Services and Other segments. The company offers a range of Cray XC series supercomputers, including Cray XC40, Cray XC50, and Cray XC50-AC; Cray CS series supercomputers comprises Cray CS500 and Cray CS-Storm; and analytics products, such as Cray Urika-GX platform used for production-class big data analytics workloads. It also provides storage and data management products comprising cray clusterstor storage systems that embeds the Lustre parallel file system and other software in an optimal configuration; and Cray DataWarp applications accelerator, a DataWarp technology that addresses a problem experienced by supercomputing customers. In addition, the company offers custom engineering solutions; and customer support services consisting of hardware and software maintenance, applications support, installation project management, system installation and de-installation, site preparation, and technical training for its systems, as well as ancillary services in application consulting, third-party software support, site engineering, on-site analysts for defined projects, and specialized training. Cray Inc. sells its products through direct sales force and a partner network of global and regional resellers. It serves clients ranging from government agencies or funded research laboratories, academic institutions, and commercial entities in North America, South America, Asia, Europe, the Middle East, Australia, and Africa. The company was formerly known as Tera Computer Company and changed its name to Cray Inc. in 2000. Cray Inc. was founded in 1987 and is headquartered in Seattle, Washington.

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Industry, Sector and Symbol

Industry Electronic computers
Sub-IndustryComputer Hardware
SectorComputer and Technology
Current SymbolNASDAQ:CRAY
CUSIP22522330
Phone206-701-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$455.95 million
Book Value$8.40 per share

Profitability

Net Income$-133,820,000.00

Miscellaneous

Employees1,273
Market Cap$924.93 million
OptionableOptionable

Cray (NASDAQ:CRAY) Frequently Asked Questions

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) issued its quarterly earnings results on Tuesday, February, 12th. The technology company reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by $0.15. The technology company earned $163 million during the quarter, compared to the consensus estimate of $157.90 million. Cray had a negative net margin of 15.72% and a negative return on equity of 15.97%. The business's revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.22 earnings per share. View Cray's Earnings History.

When is Cray's next earnings date?

Cray is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Cray.

What guidance has Cray issued on next quarter's earnings?

Cray updated its first quarter 2019 earnings guidance on Tuesday, February, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $70-70 million, compared to the consensus revenue estimate of $72.17 million.

What price target have analysts set for CRAY?

3 Wall Street analysts have issued 1 year target prices for Cray's stock. Their forecasts range from $30.00 to $35.00. On average, they anticipate Cray's stock price to reach $31.6667 in the next twelve months. This suggests a possible upside of 40.0% from the stock's current price. View Analyst Price Targets for Cray.

What is the consensus analysts' recommendation for Cray?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cray in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cray.

Has Cray been receiving favorable news coverage?

News headlines about CRAY stock have trended somewhat negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cray earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Cray's key competitors?

Who are Cray's key executives?

Cray's management team includes the folowing people:
  • Mr. Peter J. Ungaro, CEO, Pres & Director (Age 50)
  • Mr. Brian C. Henry, CFO & Exec. VP (Age 62)
  • Mr. Michael C. Piraino, Sr. VP of Admin., Gen. Counsel and Corp. Sec. (Age 51)
  • Mr. Charles A. Morreale, Sr. VP of Field Operations (Age 57)
  • Mr. Efstathios Papaefstathiou, Sr. VP of R&D (Age 51)

Who are Cray's major shareholders?

Cray's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.78%), Dimensional Fund Advisors LP (5.06%), Victory Capital Management Inc. (3.86%), State of New Jersey Common Pension Fund D (3.67%), Mairs & Power INC (3.62%) and Bank of New York Mellon Corp (3.52%). Company insiders that own Cray stock include Brian C Henry, Charles A Morreale, Daniel C Regis, Michael Charles Piraino, Peter J Ungaro and Stephen C Kiely. View Institutional Ownership Trends for Cray.

Which major investors are selling Cray stock?

CRAY stock was sold by a variety of institutional investors in the last quarter, including Mairs & Power INC, Royce & Associates LP, Dimensional Fund Advisors LP, State of New Jersey Common Pension Fund D, Granite Investment Partners LLC, D. E. Shaw & Co. Inc., Fairfax Financial Holdings Ltd Can and Two Sigma Advisers LP. Company insiders that have sold Cray company stock in the last year include Brian C Henry, Charles A Morreale, Michael Charles Piraino, Peter J Ungaro and Stephen C Kiely. View Insider Buying and Selling for Cray.

Which major investors are buying Cray stock?

CRAY stock was purchased by a variety of institutional investors in the last quarter, including Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, BlackRock Inc., Victory Capital Management Inc., Millennium Management LLC, Assenagon Asset Management S.A., Bank of New York Mellon Corp and Essex Investment Management Co. LLC. View Insider Buying and Selling for Cray.

How do I buy shares of Cray?

Shares of CRAY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 $22.62.

How big of a company is Cray?

Cray has a market capitalization of $924.93 million and generates $455.95 million in revenue each year. The technology company earns $-133,820,000.00 in net income (profit) each year or ($1.42) on an earnings per share basis. Cray employs 1,273 workers across the globe.

What is Cray's official website?

The official website for Cray is http://www.cray.com.

How can I contact Cray?

Cray's mailing address is 901 FIFTH AVENUE SUITE 1000, SEATTLE WA, 98164. The technology company can be reached via phone at 206-701-2000 or via email at [email protected]


MarketBeat Community Rating for Cray (NASDAQ CRAY)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  281 (Vote Outperform)
Underperform Votes:  267 (Vote Underperform)
Total Votes:  548
MarketBeat's community ratings are surveys of what our community members think about Cray and other stocks. Vote "Outperform" if you believe CRAY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRAY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

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