NASDAQ:CRUS

Cirrus Logic Stock Forecast, Price & News

$84.85
+0.79 (+0.94 %)
(As of 04/15/2021 12:00 AM ET)
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Today's Range
$83.70
Now: $84.85
$85.10
50-Day Range
$73.85
MA: $81.39
$87.64
52-Week Range
$55.30
Now: $84.85
$103.25
Volume171,274 shs
Average Volume655,493 shs
Market Capitalization$4.93 billion
P/E Ratio32.76
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

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.28 billion
Cash Flow$3.34 per share
Book Value$20.98 per share

Profitability

Net Income$159.50 million

Miscellaneous

Market Cap$4.93 billion
Next Earnings Date4/29/2021 (Confirmed)
OptionableOptionable

Headlines

Cirrus Logic to Announce Q4 Results April 29
April 5, 2021 |  finance.yahoo.com
Oversold Conditions For Cirrus Logic (CRUS)
March 8, 2021 |  nasdaq.com
Cirrus Logic (CRUS) Enters Oversold Territory
March 5, 2021 |  finance.yahoo.com
Cirrus Logic: Still Poised To Deliver A Big Sales Climb
February 23, 2021 |  seekingalpha.com
This Growth Stock Is a Terrific Bargain Right Now
February 13, 2021 |  finance.yahoo.com
Why Cirrus Logic Is Your Buy-The-Dip Opportunity
February 4, 2021 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

1.83 out of 5 stars

Computer And Technology Sector

134th out of 1,551 stocks

Semiconductors & Related Devices Industry

24th out of 147 stocks

Analyst Opinion: 3.3Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$84.85
+0.79 (+0.94 %)
(As of 04/15/2021 12:00 AM ET)
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Cirrus Logic (NASDAQ:CRUS) Frequently Asked Questions

Is Cirrus Logic a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cirrus Logic in the last year. There are currently 4 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 top-rated stocks.

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.

When is Cirrus Logic's next earnings date?

Cirrus Logic is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 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 Thursday, April 29th 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) issued its quarterly earnings results on Sunday, January, 31st. The semiconductor company reported $2.13 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.86 by $0.27. The semiconductor company had revenue of $485.80 million for the quarter, compared to analysts' expectations of $462.75 million. Cirrus Logic had a trailing twelve-month return on equity of 14.92% and a net margin of 12.57%. During the same period last year, the company earned $1.41 EPS.
View Cirrus Logic's earnings history
.

How has Cirrus Logic's stock price been impacted by COVID-19?

Cirrus Logic's stock was trading at $62.76 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CRUS shares have increased by 35.2% and is now trading at $84.85.
View which stocks have been most impacted by COVID-19
.

How will Cirrus Logic's stock buyback program work?

Cirrus Logic declared that its Board of Directors has authorized a stock repurchase program on Monday, February 1st 2021, which permits the company to repurchase $350,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 6.2% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

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

Cirrus Logic issued an update on its fourth quarter 2021 After-Hours earnings guidance on Monday, February, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $280-320 million, compared to the consensus revenue estimate of $297.84 million.

What price target have analysts set for CRUS?

11 brokers have issued 12-month price objectives for Cirrus Logic's shares. Their forecasts range from $80.00 to $115.00. On average, they anticipate Cirrus Logic's share price to reach $102.50 in the next twelve months. This suggests a possible upside of 20.8% from the stock's current price.
View analysts' price targets for Cirrus Logic
or view top-rated stocks among Wall Street analysts.

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 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.

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).

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 many different institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.28%), Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.02%), HGK Asset Management Inc. (0.02%), Pacer Advisors Inc. (0.01%) and ETF Portfolio Partners Inc. (0.00%). 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, Scott Arnold Anderson, Scott Thomas, Thurman K Case and Timothy R Dehne.
View institutional ownership trends for Cirrus Logic
.

Which major investors are selling Cirrus Logic stock?

CRUS stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc.. Company insiders that have sold Cirrus Logic company stock in the last year include Carl Jackson Alberty, Jason P Rhode, John C Carter, John Forsyth, Scott Arnold Anderson, Thurman K Case, and Timothy R Dehne.
View insider buying and selling activity for Cirrus Logic
or view top insider-selling stocks.

Which major investors are buying Cirrus Logic stock?

CRUS stock was bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, ETF Portfolio Partners Inc., Louisiana State Employees Retirement System, HGK Asset Management Inc., and State of Alaska Department of Revenue.
View insider buying and selling activity for Cirrus Logic
or or view top insider-buying 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.
Compare Top Brokerages Here.

What is Cirrus Logic's stock price today?

One share of CRUS stock can currently be purchased for approximately $84.85.

How much money does Cirrus Logic make?

Cirrus Logic has a market capitalization of $4.93 billion and generates $1.28 billion in revenue each year.

How many employees does Cirrus Logic have?

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.

Where are Cirrus Logic's headquarters?

Cirrus Logic is headquartered at 800 WEST 6TH STREET, AUSTIN TX, 78701.

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 4/16/2021 by MarketBeat.com Staff
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