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

$23.40
-0.05 (-0.21 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$23.37
Now: $23.40
$23.52
50-Day Range
$23.26
MA: $23.39
$23.50
52-Week Range
$11.86
Now: $23.40
$23.55
Volume4.44 million shs
Average Volume5.60 million shs
Market Capitalization$8.67 billion
P/E Ratio20.17
Dividend Yield1.88%
Beta1.79
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; analog power management integrated circuits and energy harvesting solutions; CapSense capacitive-sensing controllers; TrueTouch touchscreens; Wi-Fi, Bluetooth, and Bluetooth low energy; and USB controllers comprising solutions for the USB-C and USB power delivery standards, as well as wireless Internet of things connectivity solutions. Read More…

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
CUSIP23280610
Phone408-943-2600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.48 billion
Cash Flow$1.97 per share
Book Value$5.85 per share

Profitability

Net Income$354.59 million

Miscellaneous

Employees5,846
Market Cap$8.67 billion
Next Earnings Date1/30/2020 (Estimated)
OptionableOptionable

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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 11th. Investors of record on Thursday, December 26th will be paid a dividend of $0.11 per share on Thursday, January 16th. This represents a $0.44 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date is Tuesday, December 24th. View Cypress Semiconductor's Dividend History.

How were Cypress Semiconductor's earnings last quarter?

Cypress Semiconductor Co. (NASDAQ:CY) released its quarterly earnings results on Thursday, October, 24th. The semiconductor company reported $0.30 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.30. The semiconductor company earned $574.52 million during the quarter, compared to analyst estimates of $570.66 million. Cypress Semiconductor had a net margin of 12.74% and a return on equity of 17.34%. The business's revenue was down 14.6% on a year-over-year basis. During the same quarter last year, the company earned $0.40 earnings per share. 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 30th 2020. View Earnings Estimates for Cypress Semiconductor.

What price target have analysts set for CY?

11 analysts have issued 1-year target prices for Cypress Semiconductor's stock. Their forecasts range from $15.50 to $24.00. On average, they expect Cypress Semiconductor's share price to reach $21.59 in the next twelve months. This suggests that the stock has a possible downside of 7.7%. 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 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." 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 reported strong second-quarter results driven by strength in its Wi-Fi and Bluetooth offerings to support growth in the Internet of Things (IoT) market. Also, the company witnessed solid momentum across industrial, automotive and legacy markets. The company has been agreed to be acquired by Infineon Technology. The combined business is expected to be the #1 automotive chip company and the 8th largest semiconductor firm in the world. However, Cypress’ weak demand in the consumer end market, and sluggish Microcontroller and Connectivity Division remain concerns. Further, the ongoing trade tension between the United States and China is an overhang. Notably, the stock has underperformed the industry it belongs to over a year." (7/30/2019)
  • 2. Needham & Company LLC analysts commented, "Cypress today announced the closure of its joint venture with SK Hynix, with full operations to commence immediately. In October 2018, CY announced its decision to partially exit the volatile NAND market by converting its two year take-or-pay contract with SK Hynix into a five year joint venture, with CY owning 40%. CY also wanted to reduce its exposure to the low-margin consumer end market, to which 50% of NAND products are sold. CY expects this deal to be accretive to revenue and gross margins and generate more cash through dividends over the next five years." (4/1/2019)

Has Cypress Semiconductor been receiving favorable news coverage?

Media stories about CY stock have been trending extremely positive recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cypress Semiconductor earned a daily sentiment score of 4.1 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Cypress Semiconductor.

Are investors shorting Cypress Semiconductor?

Cypress Semiconductor saw a increase in short interest in October. As of October 31st, there was short interest totalling 37,950,000 shares, an increase of 9.9% from the September 30th total of 34,540,000 shares. Based on an average daily trading volume, of 4,000,000 shares, the short-interest ratio is currently 9.5 days. Currently, 10.3% of the company's stock are short sold. View Cypress Semiconductor's Current Options Chain.

Who are some of Cypress Semiconductor's key competitors?

What other stocks do shareholders of Cypress Semiconductor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cypress Semiconductor investors own include Micron Technology (MU), Bank of America (BAC), Advanced Micro Devices (AMD), Intel (INTC), NVIDIA (NVDA), Cisco Systems (CSCO), Intelsat (I), Alibaba Group (BABA), Netflix (NFLX) and Fossil Group (FOSL).

Who are Cypress Semiconductor's key executives?

Cypress Semiconductor's management team includes the folowing people:
  • Mr. Hassane El-Khoury, Pres, CEO & Director (Age 39)
  • Mr. Thad Trent, Exec. VP of Fin. & Admin. and CFO (Age 51)
  • Ms. Pamela L. Tondreau, Exec. VP, Chief Legal Officer & Human Resource Officer and Corp. Sec. (Age 59)
  • Mr. Sam Geha, Exec. VP of Memory Product Division (Age 53)
  • Mr. Sudhir Gopalswamy, Exec. VP of Microcontroller & Connectivity Division (Age 49)

Who are Cypress Semiconductor's major shareholders?

Cypress Semiconductor's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (2.51%), Robecosam AG (0.97%), ARP Americas LP (0.77%), York Capital Management Global Advisors LLC (0.45%), Gamco Investors INC. ET AL (0.43%) and Peregrine Capital Management LLC (0.32%). Company insiders that own Cypress Semiconductor stock include Camillo Martino, Hassane El-Khoury, Michael S Wishart, Oc Kwon, Sam Geha, Sudhir Gopalswamy and Trent Thad. View Institutional Ownership Trends for Cypress Semiconductor.

Which institutional investors are selling Cypress Semiconductor stock?

CY stock was sold by a variety of institutional investors in the last quarter, including Soros Fund Management LLC, First Trust Advisors LP, State of New Jersey Common Pension Fund D, Rice Hall James & Associates LLC, Villere ST Denis J & Co. LLC, Deroy & Devereaux Private Investment Counsel Inc., York Capital Management Global Advisors LLC and Envestnet Asset Management Inc.. Company insiders that have sold Cypress Semiconductor company stock in the last year include Hassane El-Khoury, Oc Kwon, Sam Geha, Sudhir Gopalswamy and Trent Thad. View Insider Buying and Selling for Cypress Semiconductor.

Which institutional investors are buying Cypress Semiconductor stock?

CY stock was purchased by a variety of institutional investors in the last quarter, including ARP Americas LP, GABELLI & Co INVESTMENT ADVISERS INC., Man Group plc, Squarepoint Ops LLC, Robecosam AG, California Public Employees Retirement System, Moab Capital Partners LLC and Voloridge Investment Management LLC. Company insiders that have bought Cypress Semiconductor stock in the last two years include Camillo Martino and Hassane El-Khoury. 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, Robinhood, Fidelity and Charles Schwab.

What is Cypress Semiconductor's stock price today?

One share of CY stock can currently be purchased for approximately $23.40.

How big of a company is Cypress Semiconductor?

Cypress Semiconductor has a market capitalization of $8.67 billion and generates $2.48 billion in revenue each year. The semiconductor company earns $354.59 million in net income (profit) each year or $1.16 on an earnings per share basis. Cypress Semiconductor employs 5,846 workers across the globe.View Additional Information About Cypress Semiconductor.

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 or via email at [email protected]


MarketBeat Community Rating for Cypress Semiconductor (NASDAQ CY)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  750 (Vote Outperform)
Underperform Votes:  602 (Vote Underperform)
Total Votes:  1,352
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 12/7/2019 by MarketBeat.com Staff

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