NASDAQ:CREE - Cree Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $47.66 -0.03 (-0.06 %) (As of 01/16/2019 04:00 PM ET)Previous Close$47.69Today's Range$47.37 - $48.3652-Week Range$30.78 - $51.78Volume1.19 million shsAverage Volume1.23 million shsMarket Capitalization$4.77 billionP/E Ratio-317.73Dividend YieldN/ABeta0.45 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Cree, Inc. provides lighting-class light emitting diode (LED), lighting, and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally. It operates in three segments: Wolfspeed, LED Products, and Lighting Products. The Wolfspeed segment offers silicon carbide (SiC) materials for RF, power switching, gemstones, and other applications. It also provides SiC power device products, including SiC Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for electric vehicles, including charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, this segment offers gallium nitride (GaN) die, high-electron mobility transistors (HEMTs), monolithic microwave integrated circuits (MMICs), and laterally diffused MOSFET (LDMOS) power transistors for telecommunications infrastructure, military, and other commercial applications; and custom die manufacturing services for GaN HEMTs and MMICs. The LED Products segment provides blue and green LED chip products for video screens, gaming displays, function indicator lights and automotive backlights, headlamps, and directional indicators. It also offers XLamp LED components and LED modules for lighting applications; and surface mount and through-hole packaged LED products for video, signage, general illumination, transportation, gaming, and specialty lighting applications. The Lighting Products segment offers LED lighting systems and lamps for to distributors, retailers, and customers for offices, retail spaces, restaurants, hospitality, schools, universities, manufacturing, healthcare, airports, municipal, residential, street lighting, parking structures, and other applications. The company was founded in 1987 and is headquartered in Durham, North Carolina. Receive CREE News and Ratings via Email Sign-up to receive the latest news and ratings for CREE and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductors SectorComputer and Technology Current SymbolNASDAQ:CREE Previous Symbol CUSIP22544710 Webwww.cree.com Phone919-407-5300Debt Debt-to-Equity Ratio0.21 Current Ratio4.19 Quick Ratio3.15Price-To-Earnings Trailing P/E Ratio-317.73 Forward P/E Ratio144.42 P/E GrowthN/A Sales & Book Value Annual Sales$1.49 billion Price / Sales3.27 Cash Flow$3.9849 per share Price / Cash Flow11.96 Book Value$20.62 per share Price / Book2.31Profitability EPS (Most Recent Fiscal Year)($0.15) Net Income$-279,960,000.00 Net Margins-17.60% Return on Equity-0.10% Return on Assets-0.08%Miscellaneous Employees6,796 Outstanding Shares102,560,000Market Cap$4.77 billion OptionableOptionable Cree (NASDAQ:CREE) Frequently Asked Questions What is Cree's stock symbol? Cree trades on the NASDAQ under the ticker symbol "CREE." How were Cree's earnings last quarter? Cree, Inc. (NASDAQ:CREE) announced its quarterly earnings data on Tuesday, October, 16th. The LED producer reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.10. The LED producer had revenue of $408.28 million for the quarter, compared to the consensus estimate of $407.32 million. Cree had a negative net margin of 17.60% and a negative return on equity of 0.10%. Cree's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company posted $0.04 earnings per share. View Cree's Earnings History. When is Cree's next earnings date? Cree is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Cree. How can I listen to Cree's earnings call? Cree will be holding an earnings conference call on Wednesday, January 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. What price target have analysts set for CREE? 16 brokerages have issued 12 month target prices for Cree's shares. Their predictions range from $38.00 to $60.00. On average, they anticipate Cree's share price to reach $48.6123 in the next year. This suggests a possible upside of 2.0% from the stock's current price. View Analyst Price Targets for Cree. What is the consensus analysts' recommendation for Cree? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cree in the last year. There are currently 1 sell rating, 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cree. What are Wall Street analysts saying about Cree stock? Here are some recent quotes from research analysts about Cree stock: 1. According to Zacks Investment Research, "Cree, Inc. is a market-leading innovator and manufacturer of semiconductors that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency. Key to Cree's market advantage is its world-class materials expertise in silicon carbide and gallium nitride for chips and packaged devices that can handle more power in a smaller space while producing less heat than other available technologies, materials and products. Cree drives its increased performance technology into multiple applications, including exciting alternatives in brighter and more-tunable light for general illumination, backlighting for more-vivid displays, optimized power management for high-current switch-mode power supplies and variable-speed motors, and more-effective wireless infrastructure for data and voice communications. Cree customers range from innovative lighting-fixtures makers to defense-related federal agencies. " (1/1/2019) 2. Canaccord Genuity analysts commented, "Under the leadership of CEO Gregg Lowe, Cree is quietly transforming from a company focused on disrupting the lighting industry to one that supplies the necessary “arms” used to disrupt the automotive and lighting industries. While subtle, the change is profound and should allow the specialty semiconductor manufacturer to leverage its core competencies around silicon carbide (SiC) and gallium nitride (GaN), and investors to realize a more attractive return on invested capital. We believe Mr. Lowe is a unique CEO, as he leads by example. We track the progress and transformation occurring inside Cree through Glassdoor, as well as our soon-to- be-released disruption index that calibrates culture within organizations. We view these characteristics as a long game not often played by public company CEOs. When done right, we believe true disruption can occur in a meaningful way." (8/3/2018) Has Cree been receiving favorable news coverage? Media headlines about CREE stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cree earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave headlines about the LED producer a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near term. Who are some of Cree's key competitors? Some companies that are related to Cree include Microchip Technology (MCHP), Maxim Integrated Products (MXIM), STMicroelectronics (STM), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), ASE Technology (ASX), Qorvo (QRVO), ON Semiconductor (ON), IPG Photonics (IPGP), Integrated Device Technology (IDTI), Monolithic Power Systems (MPWR), First Solar (FSLR), Cypress Semiconductor (CY), Mellanox Technologies (MLNX) and United Microelectronics (UMC). Who are Cree's key executives? Cree's management team includes the folowing people: Mr. Gregg A. Lowe, Pres, CEO & Director (Age 56)Dr. John W. Palmour, Founder & CTO - Wolfspeed (Age 58)Mr. Neill P. Reynolds, Chief Financial Officer (Age 44)Mr. Raiford Garrabrant, Director of Investor RelationsMr. Greg Merritt, VP of Marketing & Public Affairs Who are Cree's major shareholders? Cree's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.13%), Louisiana State Employees Retirement System (0.03%), Virtu Financial LLC (0.01%) and First Citizens Bank & Trust Co. (0.01%). Company insiders that own Cree stock include David Todd Emerson, John B Replogle and Michael E Mcdevitt. View Institutional Ownership Trends for Cree. Which major investors are selling Cree stock? CREE stock was sold by a variety of institutional investors in the last quarter, including First Citizens Bank & Trust Co. and Louisiana State Employees Retirement System. Company insiders that have sold Cree company stock in the last year include David Todd Emerson and Michael E Mcdevitt. View Insider Buying and Selling for Cree. Which major investors are buying Cree stock? CREE stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC and Retirement Systems of Alabama. View Insider Buying and Selling for Cree. How do I buy shares of Cree? Shares of CREE 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 Cree's stock price today? One share of CREE stock can currently be purchased for approximately $47.66. How big of a company is Cree? Cree has a market capitalization of $4.77 billion and generates $1.49 billion in revenue each year. The LED producer earns $-279,960,000.00 in net income (profit) each year or ($0.15) on an earnings per share basis. Cree employs 6,796 workers across the globe. What is Cree's official website? The official website for Cree is http://www.cree.com. How can I contact Cree? Cree's mailing address is 4600 Silicon Drive, DURHAM NC, 27703. The LED producer can be reached via phone at 919-407-5300 or via email at [email protected] MarketBeat Community Rating for Cree (NASDAQ CREE)Community Ranking: 2.5 out of 5 ( )Outperform Votes: 839 (Vote Outperform)Underperform Votes: 867 (Vote Underperform)Total Votes: 1,706MarketBeat's community ratings are surveys of what our community members think about Cree and other stocks. Vote "Outperform" if you believe CREE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CREE will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 1/16/2019 by MarketBeat.com StaffFeatured Article: Do stock splits help investors?