Cirrus Logic Company Profile (NASDAQ:CRUS)

About Cirrus Logic

Cirrus Logic logoCirrus Logic, Inc. is engaged in providing integrated circuits (ICs) for audio and voice signal processing applications. The Company develops analog and mixed-signal ICs for a range of customers. The Company offers two product lines: Portable Audio, and Non-Portable Audio and Other. The Company's primary facility housing engineering, sales and marketing, and administration functions is located in Austin, Texas. The Company offers products through both direct and indirect sales channels across the world. The Company's portable audio products include analog and mixed-signal components designed for mobile devices including smartphones, tablets, digital headsets, wearables, smart accessories and portable media players. Its non-portable audio and other products include analog and mixed-signal components targeting the consumer market, including smart home applications, and the automotive, energy and industrial markets.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor - Specialized
  • Sub-Industry: Semiconductors
  • Exchange: NASDAQ
  • Symbol: CRUS
  • CUSIP: 17275510
Key Metrics:
  • Previous Close: $55.69
  • 50 Day Moving Average: $56.98
  • 200 Day Moving Average: $54.86
  • 52-Week Range: $31.00 - $64.16
  • Trailing P/E Ratio: 15.35
  • Foreward P/E Ratio: 12.32
  • P/E Growth: 0.64
  • Market Cap: $3.58B
  • Outstanding Shares: 64,231,000
  • Beta: 0.11
  • Net Margins: 15.94%
  • Return on Equity: 25.10%
  • Return on Assets: 18.27%
  • Debt-to-Equity Ratio: 0.09%
  • Current Ratio: 3.88%
  • Quick Ratio: 3.15%
Additional Links:
Companies Related to Cirrus Logic:

Analyst Ratings

Consensus Ratings for Cirrus Logic (NASDAQ:CRUS) (?)
Ratings Breakdown: 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $60.11 (7.94% upside)

Analysts' Ratings History for Cirrus Logic (NASDAQ:CRUS)
DateFirmActionRatingPrice TargetDetails
2/22/2017MKM PartnersInitiated CoverageBuy$65.00View Rating Details
2/10/2017Needham & Company LLCReiterated RatingBuy$70.00View Rating Details
2/6/2017Pacific CrestReiterated RatingEqual WeightView Rating Details
2/6/2017Susquehanna Bancshares IncReiterated RatingPositiveView Rating Details
2/2/2017Craig HallumBoost Price TargetHold$60.00 -> $63.00View Rating Details
1/31/2017Canaccord GenuityReiterated RatingBuy$70.00View Rating Details
12/6/2016Stifel NicolausReiterated RatingBuy$68.00View Rating Details
10/30/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$50.00 -> $60.00View Rating Details
7/28/2016Barclays PLCBoost Price TargetEqual Weight$35.00 -> $38.00View Rating Details
2/26/2016Topeka Capital MarketsInitiated CoverageBuy$42.00View Rating Details
2/8/2016KeyCorpReiterated RatingOverweight$40.00View Rating Details
1/9/2016Northland SecuritiesReiterated RatingBuyView Rating Details
11/30/2015Dougherty & CoInitiated CoverageBuy$52.00 -> $52.00View Rating Details
9/28/2015Piper Jaffray CompaniesReiterated RatingBuy$44.00View Rating Details
7/23/2015Rosenblatt SecuritiesBoost Price TargetBuy$30.00 -> $38.00View Rating Details
4/29/2015Northland Capital PartnersBoost Price TargetOutperform$37.50 -> $44.00View Rating Details
(Data available from 2/27/2015 forward)


Earnings History for Cirrus Logic (NASDAQ:CRUS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/1/2017Q317$1.63$1.87$495.22 million$523.00 millionViewListenView Earnings Details
10/27/2016Q217$1.05$1.35$396.75 million$428.62 millionViewListenView Earnings Details
7/27/2016Q1$0.28$0.44$236.67 million$259.40 millionViewListenView Earnings Details
4/26/2016Q416$0.21$0.38$226.65 million$232.00 millionViewListenView Earnings Details
1/27/2016Q316$0.81$0.82$385.95 million$347.90 millionViewListenView Earnings Details
10/28/2015Q2$0.59$0.65$306.58 million$306.80 millionViewListenView Earnings Details
7/22/2015Q1$0.43$0.54$260.73 million$282.60 millionViewListenView Earnings Details
4/28/2015Q415$0.47$0.66$232.19 million$255.20 millionViewN/AView Earnings Details
1/28/2015Q315$0.75$0.97$276.03 million$298.60 millionViewN/AView Earnings Details
10/29/2014Q215$0.54$0.68$187.52 million$210.20 millionViewN/AView Earnings Details
7/23/2014Q115$0.30$0.37$147.60 million$152.60 millionViewN/AView Earnings Details
4/24/2014Q414$0.32$0.41$143.01 million$149.70 millionViewN/AView Earnings Details
1/27/2014Q314$0.77$0.89$213.30 million$218.90 millionViewN/AView Earnings Details
10/29/2013Q214$0.60$0.84$181.68 million$190.70 millionViewN/AView Earnings Details
7/25/2013Q1 2014$0.49$0.56$160.12 million$155.00 millionViewN/AView Earnings Details
4/25/2013Q4 2013$0.74$0.59$207.68 million$206.87 millionViewN/AView Earnings Details
1/24/2013Q3 2013$1.42$1.64$284.96 million$310.00 millionViewN/AView Earnings Details
10/31/2012Q213$0.71$0.79$179.77 million$194.00 millionViewN/AView Earnings Details
7/30/2012$0.21$0.22ViewN/AView Earnings Details
4/25/2012$0.35$0.36ViewN/AView Earnings Details
1/26/2012$0.42$0.43ViewN/AView Earnings Details
10/19/2011$0.32$0.33ViewN/AView Earnings Details
7/21/2011$0.23$0.24ViewN/AView Earnings Details
4/28/2011$0.24$0.22ViewN/AView Earnings Details
1/27/2011$0.33$0.34ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Cirrus Logic (NASDAQ:CRUS)
Current Year EPS Consensus Estimate: $4.36 EPS
Next Year EPS Consensus Estimate: $4.52 EPS


Dividend History for Cirrus Logic (NASDAQ:CRUS)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Cirrus Logic (NASDAQ:CRUS)
Insider Ownership Percentage: 3.10%
Institutional Ownership Percentage: 88.60%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/7/2017Randolph K CarlsonVPSell17,880$55.98$1,000,922.40View SEC Filing  
2/6/2017Rashpal SahotaVPSell6,510$55.86$363,648.60View SEC Filing  
1/30/2017Alan R SchueleDirectorSell2,500$60.38$150,950.00View SEC Filing  
12/28/2016Scott ThomasVPSell2,476$60.00$148,560.00View SEC Filing  
11/29/2016Andrew BrannanVPSell5,208$57.24$298,105.92View SEC Filing  
11/28/2016William D ShermanDirectorSell6,462$57.93$374,343.66View SEC Filing  
11/18/2016Alan R SchueleDirectorSell7,500$57.50$431,250.00View SEC Filing  
11/8/2016John C CarterDirectorSell25,000$55.50$1,387,500.00View SEC Filing  
11/8/2016Scott ThomasVPSell25,847$56.25$1,453,893.75View SEC Filing  
11/7/2016Alexander M DavernDirectorSell6,500$55.23$358,995.00View SEC Filing  
11/7/2016Jason P RhodeCEOSell86,982$55.69$4,844,027.58View SEC Filing  
11/4/2016Scott ThomasVPSell14,169$55.00$779,295.00View SEC Filing  
11/1/2016Alan R SchueleDirectorSell10,000$54.53$545,300.00View SEC Filing  
11/1/2016Bradley J. FlukeVPSell4,239$55.01$233,187.39View SEC Filing  
11/1/2016Thurman K CaseCFOSell42,493$54.58$2,319,267.94View SEC Filing  
10/31/2016Alan R SchueleDirectorSell8,000$54.41$435,280.00View SEC Filing  
10/31/2016Scott ThomasVPSell26,480$54.30$1,437,864.00View SEC Filing  
10/31/2016Thurman K CaseCFOSell27,393$54.34$1,488,535.62View SEC Filing  
10/3/2016William D ShermanDirectorSell188$52.90$9,945.20View SEC Filing  
9/12/2016Jason P RhodeCEOSell90,156$48.57$4,378,876.92View SEC Filing  
9/8/2016John C CarterDirectorSell6,108$51.32$313,462.56View SEC Filing  
9/2/2016William D ShermanDirectorSell192$52.25$10,032.00View SEC Filing  
8/23/2016Andrew BrannanVPSell21,498$52.14$1,120,905.72View SEC Filing  
8/9/2016William D ShermanDirectorSell1,200$50.85$61,020.00View SEC Filing  
8/8/2016Randolph K CarlsonVPSell7,500$51.13$383,475.00View SEC Filing  
8/4/2016Scott Arnold AndersonVPSell10,000$49.05$490,500.00View SEC Filing  
8/2/2016Scott Arnold AndersonVPSell40,000$48.82$1,952,800.00View SEC Filing  
8/2/2016William D ShermanDirectorSell202$49.22$9,942.44View SEC Filing  
8/1/2016Bradley J FlukeVPSell32,473$48.36$1,570,394.28View SEC Filing  
7/28/2016John C CarterDirectorSell15,000$46.82$702,300.00View SEC Filing  
7/28/2016Thurman K CaseCFOSell24,968$47.26$1,179,987.68View SEC Filing  
7/26/2016David J TupmanDirectorSell1,500$40.62$60,930.00View SEC Filing  
7/5/2016William D ShermanDirectorSell266$36.45$9,695.70View SEC Filing  
6/21/2016Alan R SchueleDirectorSell6,482$40.00$259,280.00View SEC Filing  
6/21/2016Scott ThomasVPSell50,000$40.00$2,000,000.00View SEC Filing  
6/21/2016Thurman K CaseCFOSell32,000$40.00$1,280,000.00View SEC Filing  
6/2/2016William D ShermanDirectorSell276$36.14$9,974.64View SEC Filing  
5/24/2016Scott Arnold AndersonSVPSell25,000$35.22$880,500.00View SEC Filing  
5/23/2016Jason P RhodeCEOSell50,000$34.41$1,720,500.00View SEC Filing  
5/4/2016Timothy R DehneDirectorSell6,462$35.30$228,108.60View SEC Filing  
5/3/2016Thurman K CaseCFOSell7,000$36.11$252,770.00View SEC Filing  
5/2/2016Randolph K CarlsonVPSell12,120$36.22$438,986.40View SEC Filing  
5/2/2016William D ShermanDirectorSell278$36.12$10,041.36View SEC Filing  
4/4/2016William D ShermanDirectorSell270$37.15$10,030.50View SEC Filing  
3/7/2016Jason P RhodeCEOSell50,000$36.05$1,802,500.00View SEC Filing  
3/2/2016William D ShermanDirectorSell279$35.85$10,002.15View SEC Filing  
2/24/2016Jason P RhodeCEOSell30,000$33.46$1,003,800.00View SEC Filing  
2/22/2016Bradley J FlukeVPSell2,000$34.49$68,980.00View SEC Filing  
2/19/2016Randolph K CarlsonVPSell10,000$32.83$328,300.00View SEC Filing  
2/2/2016William D ShermanDirectorSell287$34.32$9,849.84View SEC Filing  
2/1/2016Scott Arnold AndersonSVPSell12,713$35.24$448,006.12View SEC Filing  
12/4/2015David J TupmanDirectorSell1,000$35.00$35,000.00View SEC Filing  
12/4/2015Scott ThomasVPSell4,667$35.00$163,345.00View SEC Filing  
11/20/2015William D ShermanDirectorSell3,000$28.78$86,340.00View SEC Filing  
8/22/2015Andrew BrannanVPSell21,497$27.74$596,326.78View SEC Filing  
5/28/2015Randolph K CarlsonVPSell4,001$37.77$151,117.77View SEC Filing  
5/6/2015Scott Arnold AndersonSVPSell30,000$34.69$1,040,700.00View SEC Filing  
5/4/2015Jodee BensonVPSell16,435$35.77$587,879.95View SEC Filing  
5/4/2015Thurman K CaseCFOSell21,000$36.00$756,000.00View SEC Filing  
5/4/2015William D ShermanDirectorSell280$35.80$10,024.00View SEC Filing  
3/5/2015Thurman K CaseCFOSell15,000$32.00$480,000.00View SEC Filing  
2/24/2015Scott ThomasVPSell40,000$30.55$1,222,000.00View SEC Filing  
2/3/2015Scott Arnold AndersonSVPSell22,634$27.53$623,114.02View SEC Filing  
2/2/2015Thurman K CaseCFOSell20,418$28.00$571,704.00View SEC Filing  
2/2/2015William D ShermanDirectorSell378$26.55$10,035.90View SEC Filing  
1/21/2015Thurman K CaseCFOSell10,252$25.00$256,300.00View SEC Filing  
11/3/2014Jason P RhodeCEOBuy5,000$19.63$98,150.00View SEC Filing  
8/26/2014Thurman K CaseCFOSell20,000$23.71$474,200.00View SEC Filing  
8/22/2014Timothy R DehneDirectorSell5,311$23.97$127,304.67View SEC Filing  
8/1/2014Thomas SteinVPSell9,067$22.48$203,826.16View SEC Filing  
7/30/2014William D ShermanDirectorSell2,589$23.45$60,712.05View SEC Filing  
7/29/2014Timothy R TurkVPSell10,000$23.19$231,900.00View SEC Filing  
6/24/2014Jodee BensonVPSell21,565$24.00$517,560.00View SEC Filing  
2/7/2014Thomas SteinVPSell4,500$18.00$81,000.00View SEC Filing  
1/2/2014Thomas SteinVPSell4,500$20.10$90,450.00View SEC Filing  
12/2/2013Thomas SteinVPSell4,500$20.20$90,900.00View SEC Filing  
11/20/2013Scott Arnold AndersonSVPSell63,833$19.31$1,232,615.23View SEC Filing  
11/7/2013Jason RhodeCEOSell101,371$22.52$2,282,874.92View SEC Filing  
10/29/2013Timothy R TurkVPSell61,286$24.91$1,526,634.26View SEC Filing  
9/3/2013John CarterDirectorSell15,000$22.95$344,250.00View SEC Filing  
8/26/2013Timothy TurkVPSell10,000$21.70$217,000.00View SEC Filing  
8/13/2013Timothy TurkVPSell3,000$20.55$61,650.00View SEC Filing  
8/1/2013Thomas SteinVPSell14,926$19.56$291,952.56View SEC Filing  
7/31/2013William D ShermanDirectorSell3,400$19.49$66,266.00View SEC Filing  
12/3/2012Scott ThomasVPSell17,500$31.42$549,850.00View SEC Filing  
11/1/2012Scott ThomasVPSell17,500$35.09$614,075.00View SEC Filing  
10/31/2012Jason P RhodeCEOSell50,000$40.00$2,000,000.00View SEC Filing  
8/9/2012Gregory L BrennanVPSell5,000$38.11$190,550.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Cirrus Logic (NASDAQ:CRUS)
News IconAnalyst's Predictions on Cirrus Logic, Inc. (CRUS), Forum Energy Technologies, Inc. (FET) - StockNewsJournal (NASDAQ:CRUS) - February 24 at 4:56 PM logoCirrus Logic : GRAPHIC Cirrus Logic MasterHIFI Audio DAC Brings Recording Studio Audio Quality to Mobile and Pro Audio Devices (NASDAQ:CRUS) - February 24 at 12:10 PM logoAnalyst Activity – MKM Partners Initiates Coverage On Cirrus Logic (NASDAQ:CRUS) With a Buy (NASDAQ:CRUS) - February 22 at 4:44 PM
News IconEarnings Clues on Darling Ingredients Inc. (DAR), Cirrus Logic, Inc. (CRUS) Analyst's Predictions - StockNewsJournal (NASDAQ:CRUS) - February 20 at 4:14 PM
News IconAnalyst's Indicator Review for Energen Corporation (EGN), Cirrus Logic, Inc. (CRUS) - The USA Commerce (NASDAQ:CRUS) - February 17 at 5:37 PM logo3 Tech Stocks to Buy in February (NASDAQ:CRUS) - February 16 at 12:29 PM logoCirrus Logic : MasterHIFI Audio DAC Brings Recording Studio Audio Quality to Mobile and Pro Audio Devices (NASDAQ:CRUS) - February 14 at 10:23 PM
News IconTrader's Buzzers: Cirrus Logic Inc. (NASDAQ:CRUS), American Axle & Manufacturing Holdings Inc. (NYSE:AXL) - The Newburgh Press (NASDAQ:CRUS) - February 14 at 5:21 PM
News IconDrilling Down Into Cirrus Logic, Inc. (CRUS) - StockNewsJournal (NASDAQ:CRUS) - February 14 at 5:21 PM
News IconChecking Out the Technicals for Cirrus Logic, Inc. (CRUS) - The USA Commerce (NASDAQ:CRUS) - February 14 at 5:21 PM
News IconToday's Brokerage Rating: Cirrus Logic, Inc. (CRUS), Aramark (ARMK) - StockNewsJournal (NASDAQ:CRUS) - February 14 at 5:21 PM logoCORRECTING and REPLACING GRAPHIC Cirrus Logic MasterHIFI Audio DAC Brings Recording Studio Audio Quality to Mobile and Pro Audio Devices (NASDAQ:CRUS) - February 14 at 5:21 PM
News IconEarnings Clues on Cirrus Logic, Inc. (CRUS), Great Plains Energy Incorporated (GXP) Analyst's Predictions - StockNewsJournal (NASDAQ:CRUS) - February 11 at 4:33 PM
News IconPrice Target Of Cirrus Logic, Inc. (NASDAQ:CRUS)At $59.555 - Transcript Daily (NASDAQ:CRUS) - February 10 at 4:50 PM
News IconCirrus Logic, Inc. (NASDAQ:CRUS) Bearish Target At $70 - Stock Observer (NASDAQ:CRUS) - February 10 at 4:50 PM logoCirrus Logic, Inc. (CRUS): Notes From Investor Call - Needham - (NASDAQ:CRUS) - February 10 at 4:50 PM
News IconWhy Investors remained confident on Cirrus Logic, Inc. (CRUS), Xylem Inc. (XYL)? - StockNewsJournal (NASDAQ:CRUS) - February 9 at 9:58 PM
News IconCirrus Logic's (CRUS) Equal Weight Rating Reaffirmed at Pacific Crest (NASDAQ:CRUS) - February 7 at 5:38 PM logoCIRRUS LOGIC INC Financials (NASDAQ:CRUS) - February 7 at 5:38 PM
News IconStock Price of Cirrus Logic, Inc. (CRUS) Decreases -7.55% - Highland Mirror (NASDAQ:CRUS) - February 6 at 9:35 PM
News IconHow Does the Chart Look for Cirrus Logic, Inc. (CRUS) ? - The USA Commerce (NASDAQ:CRUS) - February 6 at 9:35 PM logoETFs with exposure to Cirrus Logic, Inc. : February 6, 2017 (NASDAQ:CRUS) - February 6 at 4:33 PM
News IconDrilling Down Into the Charts for Cirrus Logic, Inc. (CRUS) - The USA Commerce (NASDAQ:CRUS) - February 4 at 2:50 AM
News IconAnalysts Near-Term outlook: Pitney Bowes Inc. (PBI), Cirrus Logic, Inc. (CRUS) - The USA Commerce (NASDAQ:CRUS) - February 4 at 2:50 AM logoCirrus Logic (CRUS) Looks Good: Stock Adds 6% in Session - Yahoo Finance (NASDAQ:CRUS) - February 4 at 2:50 AM logoCirrus Logic, Inc. breached its 50 day moving average in a Bearish Manner : CRUS-US : February 3, 2017 (NASDAQ:CRUS) - February 3 at 4:46 PM logoCirrus Logic, Inc. :CRUS-US: Earnings Analysis: Q3, 2017 By the Numbers : February 3, 2017 (NASDAQ:CRUS) - February 3 at 4:46 PM
News IconCirrus Logic, Inc. (CRUS) Receives Consensus Rating of "Buy" from Analysts (NASDAQ:CRUS) - February 2 at 9:56 PM logoQorvo, Cirrus Show the Risks of Betting on Just One Apple Supplier (NASDAQ:CRUS) - February 2 at 9:56 PM logoWhy Ralph Lauren, Cirrus Logic, and TD Ameritrade Slumped Today (NASDAQ:CRUS) - February 2 at 9:56 PM
News IconStocks To Watch: Facebook Inc (NASDAQ:FB), Shutterfly, Inc. (NASDAQ:SFLY), Cirrus Logic,… (NASDAQ:CRUS) - February 2 at 4:55 PM logoCirrus Logic Waves Red Flag for Apple Ecosystem (CRUS, AAPL) (NASDAQ:CRUS) - February 2 at 4:55 PM logoCirrus Logic (CRUS) Q3 2017 Results - Earnings Call Transcript (NASDAQ:CRUS) - February 2 at 4:55 PM
News IconCirrus Logic Inc. (CRUS) Is Falling After Q3 Report (NASDAQ:CRUS) - February 2 at 4:55 PM logoCirrus Logic Inc. (CRUS) Is Losing Ground Following Q3 Report (NASDAQ:CRUS) - February 2 at 4:55 PM logoCirrus Logic (CRUS) Looks Good: Stock Adds 6% in Session (NASDAQ:CRUS) - February 2 at 4:54 PM logoGlobal Semiconductor Sales Trending Upwards: Today's Reports on Cirrus Logic and NVIDIA (NASDAQ:CRUS) - February 2 at 4:54 PM logoJim Cramer -- Guidance Is Hurting Qorvo, Cirrus Logic (NASDAQ:CRUS) - February 2 at 4:54 PM logoStocks Turn Up As Chips Crash; Will Amazon Follow Apple, Facebook's Lead? (NASDAQ:CRUS) - February 2 at 4:54 PM logoCirrus Logic Waves Red Flag for Apple Ecosystem (NASDAQ:CRUS) - February 2 at 4:54 PM logoTech Today: Defending Cirrus, Facebook Gives Up Gains, Stale Tablets (NASDAQ:CRUS) - February 2 at 4:54 PM logoDependence on Apple Pays Off for Cirrus Logic (NASDAQ:CRUS) - February 2 at 4:54 PM logoCirrus Plunges: Are They Just Being Modest About Apple's 'iPhone 8′? (NASDAQ:CRUS) - February 2 at 4:54 PM logoCirrus Logic Inc. Announces 130% Increase In Q3 Profit - RTT News (NASDAQ:CRUS) - February 2 at 2:52 AM logoEarnings Reaction History: Cirrus Logic Inc., 54.5% Follow-Through ... - Nasdaq (NASDAQ:CRUS) - February 2 at 2:52 AM logoCirrus Logic, Inc. (CRUS) Tops Q3 EPS by 25c, Offers Q4 Rev. Guidance - (NASDAQ:CRUS) - February 2 at 2:52 AM logo4:17 pm Cirrus Logic beats by $0.25, beats on revs; guides Q4 revs in-line (NASDAQ:CRUS) - February 1 at 9:51 PM logoCirrus Logic Gives Up Apple Gains, Down 8% on Q4 Outlook Miss (NASDAQ:CRUS) - February 1 at 9:51 PM logoHow These Semiconductor Stocks are Faring? -- Canadian Solar, Sunrun, Trina Solar, and Cirrus Logic (NASDAQ:CRUS) - February 1 at 4:50 PM logoCirrus Logic Inc. Announces 130% Increase In Q3 Profit (NASDAQ:CRUS) - February 1 at 4:50 PM


What is Cirrus Logic's stock symbol?

Cirrus Logic trades on the NASDAQ under the ticker symbol "CRUS."

Where is Cirrus Logic's stock going? Where will Cirrus Logic's stock price be in 2017?

9 equities research analysts have issued 12 month price targets for Cirrus Logic's shares. Their forecasts range from $38.00 to $70.00. On average, they expect Cirrus Logic's share price to reach $60.11 in the next twelve months.

When will Cirrus Logic announce their earnings?

Cirrus Logic is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

What are analysts saying about Cirrus Logic stock?

Here are some recent quotes from research analysts about Cirrus Logic stock:

  • Needham & Company LLC analysts commented, "After growing 30% Y/Y the last three fiscal years and posting a strong finish through the end of the year, we are moderating our FY18 revenue growth assumptions down to 6% Y/Y. Unlike last year we don't expect dollar content gains at Apple this year, and hence the Apple business will primarily be driven by higher sell through units, which could provide upside to the guidance range. Moreover, CRUS provided a higher guidance for its long-term operating margin range at ~mid-20s and a lower tax rate of 22-24%, which is actually driving upside to our fiscal Non-GAAP EPS. Net, we are increasing our PT to $70 based on a P/E of 14.6x (ex-cash) on our new FY18 estimates of $4.50. With the stock likely to trade down, we would be buyers on weakness." (2/2/2017)
  • According to Zacks Investment Research, "Cirrus Logic Inc. is a premier supplier of high performance analog circuits and advanced mixed-signal chip solutions. The company's products, sold under its own name and the Crystal product brand, enable system-level applications in mass storage, audio and precision data conversion. (PRESS RELEASE) " (12/28/2016)

Who owns Cirrus Logic stock?

Cirrus Logic's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (11.38%), Dimensional Fund Advisors LP (3.66%), State Street Corp (3.28%), AQR Capital Management LLC (1.54%), Allianz Asset Management AG (1.28%) and Eventide Asset Management LLC (0.78%). Company insiders that own Cirrus Logic stock include Alan R Schuele, Alexander M Davern, Andrew Brannan, Bradley J Fluke, David J Tupman, Jason P Rhode, Jodee Benson, John C Carter, Randolph K Carlson, Rashpal Sahota, Scott Arnold Anderson, Scott Thomas, Thurman K Case, Timothy R Dehne and William D Sherman.

Who sold Cirrus Logic stock? Who is selling Cirrus Logic stock?

Cirrus Logic's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Fiera Capital Corp, Cortina Asset Management LLC, Royce & Associates LP, Dimensional Fund Advisors LP, Oxford Asset Management, State Street Corp and Guggenheim Capital LLC. Company insiders that have sold Cirrus Logic stock in the last year include Alan R Schuele, Alexander M Davern, Andrew Brannan, Bradley J Fluke, David J Tupman, Jason P Rhode, John C Carter, Randolph K Carlson, Rashpal Sahota, Scott Arnold Anderson, Scott Thomas, Thurman K Case, Timothy R Dehne and William D Sherman.

Who bought Cirrus Logic stock? Who is buying Cirrus Logic stock?

Cirrus Logic's stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Numeric Investors LLC, Allianz Asset Management AG, Russell Investments Group Ltd., Martingale Asset Management L P, Cavalry Management Group LLC, Systematic Financial Management LP and Federated Investors Inc. PA.

How do I buy Cirrus Logic stock?

Shares of Cirrus Logic can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Cirrus Logic stock cost?

One share of Cirrus Logic stock can currently be purchased for approximately $55.69.

Cirrus Logic (NASDAQ:CRUS) Chart for Monday, February, 27, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Cirrus Logic (NASDAQ:CRUS)

Earnings History Chart

Earnings by Quarter for Cirrus Logic (NASDAQ:CRUS)

Dividend History Chart

Dividend Payments by Quarter for Cirrus Logic (NASDAQ:CRUS)

Last Updated on 2/27/2017 by Staff