Cree Company Profile (NASDAQ:CREE)

About Cree

Cree logoCree, Inc. is a manufacturer of lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications. The Company's products are focused for applications, such as indoor and outdoor lighting, video displays, transportation, electronic signs and signals, power supplies, inverters and wireless systems. The Company has three segments: Lighting Products, LED Products, and Power and RF Products. The Company's Lighting Products segment offers LED lighting systems and bulbs. The Company's LED Products segment offers LED components, LED chips and silicon carbide (SiC) materials. The Company's Power and RF Products segment offers power devices and RF devices. The Company designs, manufactures and markets lighting systems for indoor and outdoor applications, with a focus on LED lighting systems for the commercial, industrial and consumer markets.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor Equipment & Materials
  • Sub-Industry: Semiconductors
  • Exchange: NASDAQ
  • Symbol: CREE
  • CUSIP: 22544710
Key Metrics:
  • Previous Close: $23.53
  • 50 Day Moving Average: $26.88
  • 200 Day Moving Average: $26.52
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 33.61
  • P/E Growth: -2.24
  • Market Cap: $2.37B
  • Outstanding Shares: 100,663,000
  • Beta: 1.17
Additional Links:
Companies Related to Cree:

Analyst Ratings

Consensus Ratings for Cree (NASDAQ:CREE) (?)
Ratings Breakdown: 1 Sell Rating, 11 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.13)
Consensus Price Target: $33.50 (42.37% upside)

Analysts' Ratings History for Cree (NASDAQ:CREE)
DateFirmActionRatingPrice TargetDetails
8/18/2016Oppenheimer Holdings Inc.Reiterated RatingMarket PerformView Rating Details
8/17/2016Canaccord GenuityReiterated RatingHold$24.00 -> $22.00View Rating Details
8/17/2016Northland SecuritiesDowngradeOutperform -> Market PerformView Rating Details
8/17/2016Goldman Sachs Group Inc.Lower Price TargetSell$20.00 -> $18.00View Rating Details
8/17/2016Needham & Company LLCReiterated RatingNeutralView Rating Details
7/17/2016Cowen and CompanyReiterated RatingHoldView Rating Details
7/15/2016Deutsche Bank AGBoost Price TargetHold$23.00 -> $26.00View Rating Details
5/13/2016Pacific CrestInitiated CoverageFair Value -> Sector Perform$24.00 -> $23.00View Rating Details
4/6/2016Summit ResearchReiterated RatingHold$30.00 -> $25.00View Rating Details
4/6/2016StephensReiterated RatingBuy$40.00View Rating Details
4/6/2016Bank of America Corp.Reiterated RatingHoldView Rating Details
3/28/2016WedbushLower Price TargetOutperform$77.00 -> $73.00View Rating Details
3/28/2016Credit Suisse Group AGLower Price TargetNeutral$60.00 -> $50.00View Rating Details
2/22/2016Piper Jaffray Cos.UpgradeNeutral -> Overweight$27.00 -> $37.00View Rating Details
2/5/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$30.00View Rating Details
8/11/2015GabelliReiterated RatingBuyView Rating Details
6/26/2015Raymond James Financial Inc.Reiterated RatingUnderperformView Rating Details
5/21/2015Credit Agricole SAUpgradeSell -> UnderperformView Rating Details
10/22/2014DA DavidsonDowngradeBuy -> Neutral$44.00 -> $31.00View Rating Details
10/7/2014ING GroupDowngradeHoldView Rating Details
10/3/2014CannLower Price Target$41.00View Rating Details
9/15/2014Barclays PLCDowngradeBuy -> Neutral$48.00View Rating Details
(Data available from 8/24/2014 forward)


Earnings History for Cree (NASDAQ:CREE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/16/2016Q416$0.20$0.19$385.83 million$388.40 millionViewListenView Earnings Details
4/26/2016Q316$0.14$0.17$370.49 million$367.00 millionViewListenView Earnings Details
1/19/2016Q216$0.24$0.30$435.27 million$436.00 millionViewListenView Earnings Details
10/20/2015Q1$0.20$0.21$418.67 million$425.50 millionViewListenView Earnings Details
8/11/2015Q415($0.03)($0.19)$378.92 million$382.20 millionViewListenView Earnings Details
4/21/2015Q315$0.23$0.22$409.50 millionViewN/AView Earnings Details
1/20/2015Q215$0.22$0.33$412.08 million$413.20 millionViewN/AView Earnings Details
10/21/2014Q115$0.36$0.24$432.60 million$427.70 millionViewListenView Earnings Details
8/12/2014Q414$0.41$0.42$444.11 million$436.30 millionViewN/AView Earnings Details
4/22/2014Q314$0.38$0.39$407.28 million$405.20 millionViewN/AView Earnings Details
1/21/2014Q214$0.39$0.46$412.36 million$415.09 millionViewN/AView Earnings Details
10/22/2013Q114$0.39$0.39$392.31 million$391.00 millionViewN/AView Earnings Details
8/13/2013Q4 2013$0.38$0.38$377.21 million$375.00 millionViewN/AView Earnings Details
4/23/2013Q3 2013$0.34$0.34$341.96 million$348.93 millionViewN/AView Earnings Details
1/22/2013Q2 2013$0.30$0.32$331.06 million$346.30 millionViewN/AView Earnings Details
10/16/2012$0.26$0.27ViewN/AView Earnings Details
8/7/2012$0.23$0.25ViewN/AView Earnings Details
4/17/2012$0.21$0.20ViewN/AView Earnings Details
1/17/2012$0.26$0.25ViewN/AView Earnings Details
10/18/2011$0.25$0.25ViewN/AView Earnings Details
8/9/2011$0.27$0.28ViewN/AView Earnings Details
4/19/2011$0.29$0.27ViewN/AView Earnings Details
1/18/2011$0.58$0.55ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Cree (NASDAQ:CREE)
Current Year EPS Consensus Estimate: $0.56 EPS
Next Year EPS Consensus Estimate: $0.70 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.04$0.04$0.04
Q2 20161$0.11$0.11$0.11
Q4 20161$0.07$0.07$0.07
Q1 20171$0.08$0.08$0.08
Q4 20171$0.08$0.08$0.08
(Data provided by Zacks Investment Research)


Dividend History for Cree (NASDAQ:CREE)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Cree (NASDAQ:CREE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/18/2016John B ReplogleDirectorBuy5,000$23.33$116,650.00View SEC Filing  
2/16/2016Anne Clem WhitakerDirectorSell623$30.00$18,690.00View SEC Filing  
12/1/2015Robert Alexander IngramDirectorSell3,750$27.67$103,762.50View SEC Filing  
11/17/2015John B ReplogleDirectorBuy5,000$23.30$116,500.00View SEC Filing  
9/3/2015Anne Clem WhitakerDirectorSell1,994$26.74$53,319.56View SEC Filing  
6/5/2015Norbert HillerEVPBuy5,000$30.14$150,700.00View SEC Filing  
6/2/2015John B ReplogleDirectorBuy1,166$30.41$35,458.06View SEC Filing  
5/26/2015Charles M SwobodaCEOBuy10,000$29.32$293,200.00View SEC Filing  
10/23/2014John B ReplogleDirectorBuy5,000$27.75$138,750.00View SEC Filing  
9/4/2014Clyde HoseinDirectorSell5,000$44.73$223,650.00View SEC Filing  
5/12/2014John ReplogleDirectorBuy1,250$46.29$57,862.50View SEC Filing  
4/24/2014Alan RuudDirectorSell25,000$50.05$1,251,250.00View SEC Filing  
1/23/2014Alan RuudDirectorSell32,500$63.76$2,072,200.00View SEC Filing  
11/21/2013Alan RuudDirectorSell25,000$54.95$1,373,750.00View SEC Filing  
10/24/2013Alan J RuudDirectorSell32,500$61.67$2,004,275.00View SEC Filing  
10/24/2013Charles M SwobodaCEOSell40,000$61.67$2,466,800.00View SEC Filing  
10/24/2013Norbert HillerEVPSell6,667$61.67$411,153.89View SEC Filing  
6/7/2013Clyde HoseinDirectorSell5,000$62.87$314,350.00View SEC Filing  
5/28/2013Harvey A WagnerDirectorSell5,000$61.25$306,250.00View SEC Filing  
5/22/2013Tyrone D Mitchell JrEVPSell27,500$61.90$1,702,250.00View SEC Filing  
8/9/2012Harvey A WagnerDirectorSell5,000$27.11$135,550.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Cree (NASDAQ:CREE)
News IconCree, Inc.'s (CREE): Mover to Watch - Hot Stocks Point (NASDAQ:CREE) - August 23 at 9:35 PM
News IconTraders Recap on Worth Watching Stocks: Cree, Inc. (NASDAQ:CREE), iShares MSCI Emerging Markets Indx (ETF ... - NYSE Journal (press release) (NASDAQ:CREE) - August 23 at 8:37 AM logoAnalysts Set $27 Price Target For Cree, Inc. (NASDAQ:CREE) - (NASDAQ:CREE) - August 21 at 4:11 PM
News IconAnalyst's Recommendations and Insider Trading Buzz: Cree, Inc ... - Post Registrar (NASDAQ:CREE) - August 21 at 4:11 PM logoStart-up Hampton Creek, maker of Just Mayo, may face SEC investigation (NASDAQ:CREE) - August 20 at 12:00 AM logoHold the mayo: SEC investigating Hampton Creek (NASDAQ:CREE) - August 19 at 4:49 PM logoETF’s with exposure to Cree, Inc. : August 19, 2016 (NASDAQ:CREE) - August 19 at 3:29 PM
News IconCree's XLamp XT-E High Efficacy LEDs Now Shipping from Mouser Electronics (NASDAQ:CREE) - August 18 at 4:25 PM logoCree, Inc. :CREE-US: Earnings Analysis: Q4, 2016 By the Numbers : August 18, 2016 (NASDAQ:CREE) - August 18 at 4:25 PM
News IconAnalysts Concerns on: Cree, Inc. (NASDAQ:CREE) - Post Registrar (NASDAQ:CREE) - August 18 at 10:26 AM logoTarget and Barnes & Noble tumble; Urban Outfitters soars (NASDAQ:CREE) - August 18 at 10:26 AM logoCree shares crushed on earnings miss and outlook (NASDAQ:CREE) - August 18 at 10:26 AM logoCree, Inc. breached its 50 day moving average in a Bearish Manner : CREE-US : August 18, 2016 (NASDAQ:CREE) - August 18 at 10:26 AM logoWhy Cree, Inc. (CREE) Stock Is Getting Crushed - (NASDAQ:CREE) - August 17 at 9:46 PM
News IconWhy Shares of Cree, Inc. Sank 16% Today - (NASDAQ:CREE) - August 17 at 9:46 PM logoMid-Afternoon Market Update: Cree Drops On Earnings Miss; OSI Systems Shares Surge (NASDAQ:CREE) - August 17 at 4:33 PM logoCree, Inc. (CREE) Stock Slips On UBS Downgrade (NASDAQ:CREE) - August 17 at 4:33 PM logoWhy Cree, Inc. (CREE) Stock Is Getting Crushed (NASDAQ:CREE) - August 17 at 3:00 PM logo15 Biggest Mid-Day Losers For Wednesday (NASDAQ:CREE) - August 17 at 2:24 PM logoCree Becomes Oversold (NASDAQ:CREE) - August 17 at 1:58 PM logoWhy Shares of Cree, Inc. Sank 16% Today (NASDAQ:CREE) - August 17 at 1:58 PM
News IconStock's Buzz on Earnings: Cree, Inc. (NASDAQ:CREE) - Post Registrar (NASDAQ:CREE) - August 17 at 10:25 AM logoPre-Open Stock Movers 8/17: (SKYS) (SCYX) (NVIV) Higher; (STEM) ((JASO) (CREE) Lower (NASDAQ:CREE) - August 17 at 10:25 AM logoAnalyst Downgrades: Cree, Inc., Mosaic Co, and Alliance Data Systems Corporation (NASDAQ:CREE) - August 17 at 10:24 AM logoStocks to Watch: Target, Valeant, Lowe's Cos. (NASDAQ:CREE) - August 17 at 10:24 AM logoCree Stock Plummets, Downgraded After Q4 Results (NASDAQ:CREE) - August 17 at 10:24 AM logoCree Earnings Miss Street, Outlook Weak; Shares Fall 6% (NASDAQ:CREE) - August 16 at 9:39 PM logoCree swings to a profit, outlook disappoints (NASDAQ:CREE) - August 16 at 9:39 PM logoCree shares drop on earnings miss, outlook (NASDAQ:CREE) - August 16 at 9:39 PM logoAfter-hours buzz: URBN, CREE, PLKI & more (NASDAQ:CREE) - August 16 at 9:39 PM logoCree CEO talks Wolfspeed sell-off, future acquisitions amid earnings miss (NASDAQ:CREE) - August 16 at 9:39 PM logoCree slips 5.4% as profits miss, guidance disappoints (NASDAQ:CREE) - August 16 at 5:21 PM logoCree Falls 6% After Disappointing Q4 Results (NASDAQ:CREE) - August 16 at 5:02 PM logoCommit To Purchase Cree At $17.50, Earn 5.8% Using Options (NASDAQ:CREE) - August 16 at 4:27 PM logoEARNINGS SUMMARY: Details of Cree Inc. Q4 Earnings Report (NASDAQ:CREE) - August 16 at 4:27 PM logoEarnings Whispers: Cree, Inc. (CREE) and Urban Outfitters, Inc. (URBN) - TCC (NASDAQ:CREE) - August 16 at 4:27 PM
News IconCree, Inc. (NASDAQ:CREE): What to Expect From Earnings? - Post Registrar (NASDAQ:CREE) - August 16 at 4:27 PM logoEarnings Reaction History: Cree, Inc., 85.7% Follow-Through Indicator, 10.1% Sensitive - Nasdaq (NASDAQ:CREE) - August 16 at 4:27 PM logoCree Reports Financial Results for the Fourth Quarter and Fiscal Year 2016 (NASDAQ:CREE) - August 16 at 4:27 PM logoCREE INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:CREE) - August 16 at 4:27 PM logoCree Reports Financial Results for the Fourth Quarter of Fiscal Year 2016 (NASDAQ:CREE) - August 16 at 4:27 PM logoCree Stock Slides in After-Hours Trading on Q4 Earnings Miss (NASDAQ:CREE) - August 16 at 4:27 PM logoBRIEF-Cree reports Q4 GAAP loss per share $0.11 (NASDAQ:CREE) - August 16 at 4:24 PM logoQ4 2016 Cree Inc Earnings Release - After Market Close (NASDAQ:CREE) - August 16 at 7:58 AM logoBond market gears up for more data, auctions, ahead of Atlanta Fed speech (NASDAQ:CREE) - August 16 at 7:58 AM logoCree Holds Strong History of Rewarding Longs off Post-Market Earnings Moves (NASDAQ:CREE) - August 15 at 4:35 PM logoNotable Monday Option Activity: CREE, PCLN, GPRO (NASDAQ:CREE) - August 15 at 4:35 PM logoClearbridge Investments, LLC Sells A Little More Cree, Inc. (CREE) Stock Last Quarter - Finance Daily (NASDAQ:CREE) - August 15 at 4:35 PM logoWhy Cree, Inc. Gained 17% in July - Motley Fool (NASDAQ:CREE) - August 12 at 4:23 PM logoSemiconductor Stocks Earnings Preview: ADI, CREE, SMTC (NASDAQ:CREE) - August 12 at 10:41 AM


Cree (NASDAQ:CREE) Chart for Wednesday, August, 24, 2016

Last Updated on 8/24/2016 by Staff