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: $25.36
  • 50 Day Moving Average: $24.95
  • 200 Day Moving Average: $25.50
  • 52-Week Range: $22.10 - $32.92
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 53.96
  • P/E Growth: -2.34
  • Market Cap: $2.55B
  • Outstanding Shares: 100,663,000
  • Beta: 1.25
  • Net Margins: -1.25%
  • Return on Equity: 1.81%
  • Return on Assets: 1.52%
  • Debt-to-Equity Ratio: 0.07%
  • Current Ratio: 5.19%
  • Quick Ratio: 3.83%
Additional Links:
Companies Related to Cree:

Analyst Ratings

Consensus Ratings for Cree (NASDAQ:CREE) (?)
Ratings Breakdown: 1 Sell Rating, 11 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.19)
Consensus Price Target: $33.54 (32.25% upside)

Analysts' Ratings History for Cree (NASDAQ:CREE)
DateFirmActionRatingPrice TargetDetails
9/23/2016Canaccord GenuityReiterated RatingHoldView Rating Details
8/25/2016Roth CapitalInitiated CoverageBuy$34.00View Rating Details
8/18/2016Oppenheimer Holdings Inc.Reiterated RatingMarket PerformView 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
(Data available from 9/28/2014 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: $0.22 EPS
Next Year EPS Consensus Estimate: $0.47 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 20172($0.02)$0.08$0.03
Q2 20171$0.02$0.02$0.02
Q3 20171$0.03$0.03$0.03
Q4 20172$0.08$0.10$0.09
(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)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 83.26%
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)
DateHeadline logoCree Introduces Industry’s Brightest Side-View LEDs (NASDAQ:CREE) - September 28 at 9:16 AM
News IconWorth Watching Stock's News Analysis Report: Blue Buffalo Pet Products Inc (NASDAQ:BUFF), Cree, Inc. (NASDAQ ... - NYSE Journal (press release) (NASDAQ:CREE) - September 27 at 4:24 PM logoCree, Inc. (NASDAQ:CREE) Quarterly EPS At $0.09 - Investor Newswire (NASDAQ:CREE) - September 27 at 4:24 PM logoSmart Transformers Market - Advanced Technologies & Growth Opportunities in Global Industry by 2021 (NASDAQ:CREE) - September 27 at 4:24 PM
News IconNovan Inc. IPO raises $51.9 million (NASDAQ:CREE) - September 27 at 4:24 PM logoA Look Into Cree's Past (NASDAQ:CREE) - September 27 at 2:54 PM
News IconCREE Inc. alleges ILMG, Lumitact sells counterfeit flashlights (NASDAQ:CREE) - September 27 at 9:00 AM
News IconAnalysts Take Aim At This Stock's Earnings Estimates: Cree, Inc ... - Frisco Fastball (NASDAQ:CREE) - September 26 at 4:36 PM
News IconCREE Inc. alleges ILMG, Lumitact sells counterfeit flashlights - Northern California Record (NASDAQ:CREE) - September 26 at 4:36 PM
News IconUpcoming Earnings Report: Cree, Inc. (NASDAQ:CREE) - The Voice Registrar (NASDAQ:CREE) - September 26 at 4:36 PM logoETF’s with exposure to Cree, Inc. : September 26, 2016 (NASDAQ:CREE) - September 26 at 4:36 PM
News IconStock Tracker: Earnings & Estimates for Cree, Inc. (NASDAQ:CREE ... - Frisco Fastball (NASDAQ:CREE) - September 24 at 8:39 AM
News IconActive Concerns Wondering Movers: Cree, Inc. (NASDAQ:CREE), Oclaro, Inc. (NASDAQ:OCLR) - Street Wise Report (press release) (blog) (NASDAQ:CREE) - September 24 at 8:39 AM
News IconCree, Inc. (NASDAQ:CREE) earnings reaction history - The Independent Republic (NASDAQ:CREE) - September 24 at 8:39 AM
News IconInfineon takes evolutionary step towards supporting the defense sector with Wolfspeed purchase (NASDAQ:CREE) - September 23 at 3:46 PM logoReport alleges Hampton Creek faked hundreds of thousands in sales and environmental impact claims (NASDAQ:CREE) - September 23 at 10:58 AM logoHampton Creek's covert mayo buyback bigger than previously thought (NASDAQ:CREE) - September 22 at 5:16 PM logoCree Announces the Next Generation of High-Power XP-L LEDs - Yahoo Finance (NASDAQ:CREE) - September 22 at 9:59 AM
News IconCree launches next generation of high-power XP-L LEDs, boosting output by 7% and efficiency by 15% (NASDAQ:CREE) - September 21 at 4:58 PM logoCree Announces the Next Generation of High-Power XP-L LEDs - Business Wire (press release) (NASDAQ:CREE) - September 21 at 4:58 PM logoCree Announces the Next Generation of High-Power XP-L LEDs (NASDAQ:CREE) - September 21 at 4:58 PM logoCree Named Cleveland Browns Official Lighting Partner - Yahoo Finance (NASDAQ:CREE) - September 21 at 8:38 AM logoCree Named Cleveland Browns Official Lighting Partner | Business ... - Business Wire (press release) (NASDAQ:CREE) - September 19 at 5:13 PM logoCree Named Cleveland Browns Official Lighting Partner (NASDAQ:CREE) - September 19 at 5:12 PM
News IconCree promises to deliver proper LED lightbulbs to the masses (NASDAQ:CREE) - September 18 at 9:02 AM
News IconCree rolls out new consumer product line (NASDAQ:CREE) - September 18 at 9:02 AM
News IconCree promises to deliver proper LED lightbulbs to the masses - TechnoBuffalo (NASDAQ:CREE) - September 17 at 4:18 PM
News IconAnalysts Valuations For Two Stocks: Cree, Inc. (NASDAQ:CREE), Kohl's Corporation (NYSE:KSS) - The Voice Registrar (NASDAQ:CREE) - September 17 at 9:06 AM
News IconSell-side is Weighing in on Cree, Inc. (NASDAQ:CREE) Earnings - Frisco Fastball (NASDAQ:CREE) - September 16 at 8:04 AM
News IconCree, Inc. (NASDAQ:CREE) Earnings Preview: Should Investors Be ... - The Voice Registrar (NASDAQ:CREE) - September 15 at 4:48 PM
News IconRecalls: Cree LED T8 Lamp and Whirlpool Microwave Hood (NASDAQ:CREE) - September 15 at 9:55 AM
News IconConsensus Estimates on Earnings & Stock Price in Focus for Cree, Inc. (NASDAQ:CREE) Shares - Frisco Fastball (NASDAQ:CREE) - September 14 at 9:36 PM
News IconRecalls: Cree LED T8 and Whirlpool Microwave Hood (NASDAQ:CREE) - September 14 at 4:26 PM logoThree years after consumer bulb launch, Cree revamps bulb portfolio (NASDAQ:CREE) - September 14 at 4:26 PM logoThe stock Chanos hates can double: Investor (NASDAQ:CREE) - September 14 at 9:50 AM logoCree, Inc. (NASDAQ:CREE) Is Expected To Post EPS Of $0.09 - (NASDAQ:CREE) - September 14 at 8:00 AM
News IconCree, Inc. (NASDAQ:CREE) earnings expectations - The Independent Republic (NASDAQ:CREE) - September 13 at 9:14 AM
News IconCree, Inc. (NASDAQ:CREE) Analyst Opinion | The Independent ... - The Independent Republic (NASDAQ:CREE) - September 13 at 9:14 AM
News IconSteering Attention Towards Earnings; Analysts Weigh in on Cree, Inc ... - Frisco Fastball (NASDAQ:CREE) - September 13 at 9:14 AM logoCree : Offers New Line of Better LED Bulbs (NASDAQ:CREE) - September 13 at 9:14 AM logoCree Offers New Line of Better LED Bulbs (NASDAQ:CREE) - September 13 at 9:14 AM logoETF’s with exposure to Cree, Inc. : September 12, 2016 (NASDAQ:CREE) - September 12 at 4:12 PM logoCree : Patent Issued for Ceramic Based Light Emitting Diode (LED) Devices and Methods (USPTO 9431590) (NASDAQ:CREE) - September 10 at 9:02 AM logoCree : Patent Application Titled "Lens with Facilitated Light Diffusion" Published Online (USPTO 20160245479) (NASDAQ:CREE) - September 9 at 4:19 PM logoGuy who called $30 oil is buying energy stocks — but shorting a huge one (NASDAQ:CREE) - September 9 at 10:42 AM
News IconStocks With Active Momentum- Inphi Corporation (NYSE:IPHI), Cree, Inc. (NASDAQ:CREE) - Seneca Globe (NASDAQ:CREE) - September 8 at 4:18 PM logoWhy Cree, Inc. Fell 16% in August - Motley Fool (NASDAQ:CREE) - September 8 at 4:18 PM
News IconStock Sliding Down Over the Last Month: Cree, Inc. (NASDAQ:CREE) - Post News (NASDAQ:CREE) - September 8 at 8:21 AM
News IconWorth Watching Stocks on the Move: Cree, Inc. (NASDAQ:CREE), United Rentals, Inc. (NYSE:URI), ServiceNow Inc ... - NYSE Journal (press release) (NASDAQ:CREE) - September 8 at 8:11 AM logoStock awards, incentives increase Cree execs' wallets (NASDAQ:CREE) - September 7 at 4:30 PM


Cree (NASDAQ:CREE) Chart for Wednesday, September, 28, 2016

Last Updated on 9/28/2016 by Staff