S&P 500   3,841.47
DOW   30,996.98
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S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
pixel
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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NASDAQ:CRUS

Cirrus Logic Stock Forecast, Price & News

$98.56
-0.90 (-0.90 %)
(As of 01/22/2021 12:00 AM ET)
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Today's Range
$97.73
Now: $98.56
$99.40
50-Day Range
$77.99
MA: $86.01
$101.35
52-Week Range
$47.04
Now: $98.56
$103.25
Volume328,276 shs
Average Volume450,119 shs
Market Capitalization$5.71 billion
P/E Ratio38.05
Dividend YieldN/A
Beta0.88
Cirrus Logic, Inc., a fabless semiconductor company, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs) in the United States and internationally. It offers portable products, including codecs-chips that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single IC; smart codecs, a codec with digital signal processer; boosted amplifiers; micro-electromechanical systems microphones; haptic drivers; digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that offer enhanced voice quality, voice capture, and audio playback features. The company provides its portable products for use in smartphones, tablets, digital headsets; and wearables. It also offers non-portable and other products comprising codecs, ADCs, DACs, digital interfaces, and amplifiers for use in laptops, home theater systems, and musical instruments; satellite radio systems; and high-precision industrial and energy-related applications, including digital utility meters, power supplies, energy control, energy measurement, and energy exploration applications. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was founded in 1984 and is headquartered in Austin, Texas
Cirrus Logic logo

MarketRank

Overall MarketRank

1.63 out of 5 stars

Computer And Technology Sector

214th out of 1,509 stocks

Semiconductors & Related Devices Industry

38th out of 147 stocks

Analyst Opinion: 2.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
Current SymbolNASDAQ:CRUS
CUSIP17275510
Phone512-851-4000
Employees1,443

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.28 billion
Cash Flow$3.88 per share
Book Value$20.98 per share

Profitability

Net Income$159.50 million

Miscellaneous

Market Cap$5.71 billion
Next Earnings Date2/1/2021 (Confirmed)
OptionableOptionable
$98.56
-0.90 (-0.90 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cirrus Logic (NASDAQ:CRUS) Frequently Asked Questions

How has Cirrus Logic's stock been impacted by COVID-19 (Coronavirus)?

Cirrus Logic's stock was trading at $62.76 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CRUS shares have increased by 57.0% and is now trading at $98.56.
View which stocks have been most impacted by COVID-19
.

Is Cirrus Logic a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cirrus Logic in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Cirrus Logic stock.
View analyst ratings for Cirrus Logic
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Cirrus Logic?

Wall Street analysts have given Cirrus Logic a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cirrus Logic wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Jason P. Rhode's approval rating as Cirrus Logic's CEO?

117 employees have rated Cirrus Logic CEO Jason P. Rhode on Glassdoor.com. Jason P. Rhode has an approval rating of 92% among Cirrus Logic's employees. This puts Jason P. Rhode in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

When is Cirrus Logic's next earnings date?

Cirrus Logic is scheduled to release its next quarterly earnings announcement on Monday, February 1st 2021.
View our earnings forecast for Cirrus Logic
.

How can I listen to Cirrus Logic's earnings call?

Cirrus Logic will be holding an earnings conference call on Monday, February 1st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Cirrus Logic's earnings last quarter?

Cirrus Logic, Inc. (NASDAQ:CRUS) released its quarterly earnings data on Saturday, November, 7th. The semiconductor company reported $1.26 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.90 by $0.36. The semiconductor company had revenue of $347.33 million for the quarter, compared to analyst estimates of $310.18 million. Cirrus Logic had a trailing twelve-month return on equity of 14.92% and a net margin of 12.57%. The firm's revenue for the quarter was down 10.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.55 EPS.
View Cirrus Logic's earnings history
.

How will Cirrus Logic's stock buyback program work?

Cirrus Logic declared that its Board of Directors has authorized a stock repurchase program on Wednesday, January 30th 2019, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 8.9% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.

What guidance has Cirrus Logic issued on next quarter's earnings?

Cirrus Logic updated its third quarter 2021 After-Hours earnings guidance on Monday, November, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $440-480 million, compared to the consensus revenue estimate of $354.42 million.

What price target have analysts set for CRUS?

10 analysts have issued 1 year price targets for Cirrus Logic's shares. Their forecasts range from $80.00 to $100.00. On average, they anticipate Cirrus Logic's stock price to reach $89.50 in the next twelve months. This suggests that the stock has a possible downside of 9.2%.
View analysts' price targets for Cirrus Logic
or view Wall Street analyst' top-rated stocks.

Are investors shorting Cirrus Logic?

Cirrus Logic saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 990,700 shares, an increase of 43.8% from the December 15th total of 688,800 shares. Based on an average daily trading volume, of 519,600 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.7% of the shares of the stock are short sold.
View Cirrus Logic's Short Interest
.

Who are some of Cirrus Logic's key competitors?

What other stocks do shareholders of Cirrus Logic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cirrus Logic investors own include Hawkins (HWKN), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), QUALCOMM (QCOM), Netflix (NFLX), The Walt Disney (DIS), Skyworks Solutions (SWKS), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

Who are Cirrus Logic's key executives?

Cirrus Logic's management team includes the following people:
  • Mr. John M. Forsyth, CEO, Pres & Director (Age 47, Pay $768.44k)
  • Mr. Thurman K. Case, VP of Fin., CFO & Principal Accounting Officer (Age 64, Pay $836.1k)
  • Mr. Gregory Scott Thomas, Sr. VP, Gen. Counsel & Corp. Sec. (Age 55, Pay $779.29k)
  • Mr. Carl Jackson Alberty, VP of Mixed-Signal Products
  • Ms. Chelsea Heffernan, Director of Investor Relations
  • Mr. Andrew Brannan, VP of Worldwide Sales (Age 54)
  • Ms. Jo-Dee M. Benson, VP & Chief Culture Officer (Age 61)
  • Mr. Scott A. Anderson, Sr. VP of Supply Chain (Age 67)
  • Ms. Jonanna Mikulenka, Corp. Controller
  • Ms. Amy Garrett, Financial Reporting Mang.

What is Cirrus Logic's stock symbol?

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

Who are Cirrus Logic's major shareholders?

Cirrus Logic's stock is owned by a number of institutional and retail investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (0.26%), Miracle Mile Advisors LLC (0.06%), State of Alaska Department of Revenue (0.02%), HGK Asset Management Inc. (0.02%), Pacer Advisors Inc. (0.01%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own Cirrus Logic stock include Bradley J Fluke, Carl Jackson Alberty, David J Tupman, Jason P Rhode, John C Carter, John Forsyth, Randolph K Carlson, Scott Arnold Anderson, Scott Thomas, Thurman K Case and Timothy R Dehne.
View institutional ownership trends for Cirrus Logic
.

Which institutional investors are selling Cirrus Logic stock?

CRUS stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Smith Graham & Co. Investment Advisors LP, HGK Asset Management Inc., State of Alaska Department of Revenue, Crossmark Global Holdings Inc., Miracle Mile Advisors LLC, and Patriot Financial Group Insurance Agency LLC. Company insiders that have sold Cirrus Logic company stock in the last year include Bradley J Fluke, Carl Jackson Alberty, Jason P Rhode, John C Carter, John Forsyth, Scott Arnold Anderson, and Thurman K Case.
View insider buying and selling activity for Cirrus Logic
or view top insider-selling stocks.

How do I buy shares of Cirrus Logic?

Shares of CRUS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Cirrus Logic's stock price today?

One share of CRUS stock can currently be purchased for approximately $98.56.

How big of a company is Cirrus Logic?

Cirrus Logic has a market capitalization of $5.71 billion and generates $1.28 billion in revenue each year. Cirrus Logic employs 1,443 workers across the globe.

What is Cirrus Logic's official website?

The official website for Cirrus Logic is www.cirrus.com.

How can I contact Cirrus Logic?

Cirrus Logic's mailing address is 800 WEST 6TH STREET, AUSTIN TX, 78701. The semiconductor company can be reached via phone at 512-851-4000 or via email at [email protected]

This page was last updated on 1/24/2021 by MarketBeat.com Staff

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