NASDAQ:CY - Cypress Semiconductor Stock Price, News, & Analysis

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$13.29 +0.37 (+2.86 %)
(As of 01/21/2019 01:44 PM ET)
Previous Close$12.92
Today's Range$13.0050 - $13.48
52-Week Range$11.75 - $18.87
Volume4.02 million shs
Average Volume4.04 million shs
Market Capitalization$4.81 billion
P/E Ratio22.15
Dividend Yield3.31%
Beta1.9
Cypress Semiconductor Corporation designs, develops, manufactures, markets, and sells embedded system solutions worldwide. It operates in two segments, Microcontroller and Connectivity Division, and Memory Products Division. The Microcontroller and Connectivity Division provides microcontroller (MCU), analog, and wireless and wired connectivity solutions, including Traveo automotive MCUs; programmable system-on-chip and general-purpose MCUs; ARM Cortex-M4, -M3, and -M0+ MCUs; R4 CPUs; analog power management integrated circuits and energy harvesting solutions; CapSense capacitive-sensing controllers; TrueTouch touchscreens; Wi-Fi, Bluetooth, Bluetooth low energy, and ZigBee solutions; WICED development platform; and USB controllers comprising solutions for the USB-C and USB power delivery standards, as well as wireless Internet of things connectivity solutions. The Memory Products Division provides NOR and NAND flash memories, static random access memory (SRAM) products, HyperRAm, synchronous and asynchronous SRAMs, nvSRAMs, F-RAM ferroelectric memory devices, and other specialty memories and timing solutions. The company serves various markets, including automotive, industrial, consumer, computation, white goods, communications, handset, PC peripherals, mobile devices, networking, telecommunications, video, data communications, computation, and medical markets. Cypress Semiconductor Corporation sells its semiconductor products through distributors and manufacturing representative firms, as well as through sales force directly to original equipment manufacturers and their suppliers. The company was founded in 1982 and is headquartered in San Jose, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Current SymbolNASDAQ:CY
Previous Symbol
CUSIP23280610
Webwww.cypress.com
Phone408-943-2600

Debt

Debt-to-Equity Ratio0.46
Current Ratio1.43
Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio22.15
Forward P/E Ratio12.42
P/E Growth1.46

Sales & Book Value

Annual Sales$2.33 billion
Price / Sales2.07
Cash Flow$1.4525 per share
Price / Cash Flow9.15
Book Value$5.45 per share
Price / Book2.44

Profitability

EPS (Most Recent Fiscal Year)$0.60
Net Income$-80,910,000.00
Net Margins2.08%
Return on Equity21.26%
Return on Assets11.11%

Miscellaneous

Employees6,099
Outstanding Shares361,950,000
Market Cap$4.81 billion
OptionableOptionable

Cypress Semiconductor (NASDAQ:CY) Frequently Asked Questions

What is Cypress Semiconductor's stock symbol?

Cypress Semiconductor trades on the NASDAQ under the ticker symbol "CY."

How often does Cypress Semiconductor pay dividends? What is the dividend yield for Cypress Semiconductor?

Cypress Semiconductor declared a quarterly dividend on Monday, November 5th. Stockholders of record on Thursday, December 27th will be paid a dividend of $0.11 per share on Thursday, January 17th. This represents a $0.44 annualized dividend and a dividend yield of 3.31%. The ex-dividend date of this dividend is Wednesday, December 26th. View Cypress Semiconductor's Dividend History.

How were Cypress Semiconductor's earnings last quarter?

Cypress Semiconductor Co. (NASDAQ:CY) posted its quarterly earnings data on Thursday, October, 25th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.32 by $0.03. The semiconductor company had revenue of $673.04 million for the quarter, compared to the consensus estimate of $669.62 million. Cypress Semiconductor had a net margin of 2.08% and a return on equity of 21.26%. View Cypress Semiconductor's Earnings History.

When is Cypress Semiconductor's next earnings date?

Cypress Semiconductor is scheduled to release their next quarterly earnings announcement on Thursday, January 31st 2019. View Earnings Estimates for Cypress Semiconductor.

What guidance has Cypress Semiconductor issued on next quarter's earnings?

Cypress Semiconductor updated its fourth quarter 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share (EPS) guidance of $0.31-0.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.35. The company issued revenue guidance of $585-615 million, compared to the consensus revenue estimate of $644.32 million.

What price target have analysts set for CY?

11 brokers have issued twelve-month price objectives for Cypress Semiconductor's shares. Their forecasts range from $13.00 to $23.00. On average, they anticipate Cypress Semiconductor's stock price to reach $17.85 in the next twelve months. This suggests a possible upside of 34.3% from the stock's current price. View Analyst Price Targets for Cypress Semiconductor.

What is the consensus analysts' recommendation for Cypress Semiconductor?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cypress Semiconductor in the last year. There are currently 1 sell rating, 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cypress Semiconductor.

What are Wall Street analysts saying about Cypress Semiconductor stock?

Here are some recent quotes from research analysts about Cypress Semiconductor stock:
  • 1. According to Zacks Investment Research, "Cypress is suffering from weak performance of its NAND business. The company is currently facing pricing erosion which is affecting negatively this business of the company. Further, intensifying competition in the semiconductor industry poses serious threat of pricing pressure which might hurt its profitability. Nevertheless, Cypress remains optimistic on the proper execution of management’s strategy of embedded solutions for consumer, automotive and industrial customers of all sizes. Further, strong performing microcontrollers and connectivity portfolio of the company will continue to aid the top-line growth. Notably, shares of the company have outperformed the industry it belongs to over a year. However, the current trade tensions between the United States and China causing the tariffs to rise pose a serious threat to the company’s growth in the near terms." (1/16/2019)
  • 2. Needham & Company LLC analysts commented, "We reiterate our Buy and $23 PT following another beat and raise qrt. Wireless IoT is on track to grow 16-18% Y/Y as auto increasingly accounts for a larger portion of the business and CY expands its platforms to new products. As we thought, CY raised its NOR flash forecast to grow high-single digits driven by the 4.5G/5G transition and long-term demand for automotive grade NOR flash. Recall that this segment was supposed to decline at a 3-5% CAGR. Gross margin expansion remains on track and we see a higher margin profile in ’19 driven primarily by favorable mix shift. With product cycles like USB-C ramping, new PSoC roll-out and healthy overall demand environment, we think CY will outperform the group in 2H18." (7/27/2018)

Has Cypress Semiconductor been receiving favorable news coverage?

News headlines about CY stock have been trending positive on Monday, InfoTrie reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cypress Semiconductor earned a coverage optimism score of 2.7 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

Are investors shorting Cypress Semiconductor?

Cypress Semiconductor saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 17,363,845 shares, a drop of 10.3% from the December 14th total of 19,366,514 shares. Based on an average daily volume of 4,596,332 shares, the days-to-cover ratio is currently 3.8 days. Approximately 4.8% of the shares of the stock are short sold. View Cypress Semiconductor's Current Options Chain.

Who are some of Cypress Semiconductor's key competitors?

Who are Cypress Semiconductor's key executives?

Cypress Semiconductor's management team includes the folowing people:
  • Mr. Hassane El-Khoury, Pres, CEO & Director (Age 38)
  • Mr. Thad Trent, Exec. VP of Fin. & Admin., CFO & Principal Accounting Officer (Age 50)
  • Ms. Pamela L. Tondreau, Exec. VP, Chief Legal Officer & Human Resource Officer and Corp. Sec. (Age 58)
  • Mr. Sam Geha, Exec. VP of Memory Product Division (Age 52)
  • Mr. Sudhir Gopalswamy, Exec. VP of Microcontroller & Connectivity Division (Age 48)

Who are Cypress Semiconductor's major shareholders?

Cypress Semiconductor's stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.60%), Advisors Capital Management LLC (0.32%), Retirement Systems of Alabama (0.26%), Nippon Life Global Investors Americas Inc. (0.12%), Louisiana State Employees Retirement System (0.03%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own Cypress Semiconductor stock include Camillo Martino, Catherine P Lego, Dana Nazarian, Eric Benhamou, Hassane El-Khoury, J Daniel Mccranie, Michael S Wishart, Oc Kwon, Sam Geha, Sudhir Gopalswamy and Trent Thad. View Institutional Ownership Trends for Cypress Semiconductor.

Which major investors are selling Cypress Semiconductor stock?

CY stock was sold by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC, Oakbrook Investments LLC, Peregrine Capital Management LLC, Nisa Investment Advisors LLC, Nippon Life Global Investors Americas Inc., Boston Advisors LLC, First Hawaiian Bank and Virtu Financial LLC. Company insiders that have sold Cypress Semiconductor company stock in the last year include Hassane El-Khoury, Michael S Wishart, Sam Geha and Sudhir Gopalswamy. View Insider Buying and Selling for Cypress Semiconductor.

Which major investors are buying Cypress Semiconductor stock?

CY stock was acquired by a variety of institutional investors in the last quarter, including Cerebellum GP LLC, Nachman Norwood & Parrott Inc, Dubuque Bank & Trust Co. and Retirement Systems of Alabama. Company insiders that have bought Cypress Semiconductor stock in the last two years include Camillo Martino, Catherine P Lego, Hassane El-Khoury and J Daniel Mccranie. View Insider Buying and Selling for Cypress Semiconductor.

How do I buy shares of Cypress Semiconductor?

Shares of CY 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 Cypress Semiconductor's stock price today?

One share of CY stock can currently be purchased for approximately $13.29.

How big of a company is Cypress Semiconductor?

Cypress Semiconductor has a market capitalization of $4.81 billion and generates $2.33 billion in revenue each year. The semiconductor company earns $-80,910,000.00 in net income (profit) each year or $0.60 on an earnings per share basis. Cypress Semiconductor employs 6,099 workers across the globe.

What is Cypress Semiconductor's official website?

The official website for Cypress Semiconductor is http://www.cypress.com.

How can I contact Cypress Semiconductor?

Cypress Semiconductor's mailing address is 198 CHAMPION COURT, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-943-2600.


MarketBeat Community Rating for Cypress Semiconductor (NASDAQ CY)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  695 (Vote Outperform)
Underperform Votes:  528 (Vote Underperform)
Total Votes:  1,223
MarketBeat's community ratings are surveys of what our community members think about Cypress Semiconductor and other stocks. Vote "Outperform" if you believe CY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/21/2019 by MarketBeat.com Staff

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