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

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$15.46 +0.40 (+2.66 %)
(As of 05/21/2019 02:36 PM ET)
Previous Close$15.06
Today's Range$15.28 - $15.53
52-Week Range$11.75 - $18.59
Volume188,791 shs
Average Volume4.28 million shs
Market Capitalization$5.65 billion
P/E Ratio13.31
Dividend Yield2.83%
Beta1.96
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. The Memory Products Division provides NOR and NAND flash memories, static random access memory (SRAM) products, HyperRAm, synchronous and asynchronous SRAMs, nonvolatile SRAMs, F-RAM ferroelectric memory devices, and other specialty memories and clocks. 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
CIK791915
Webwww.cypress.com
Phone408-943-2600

Debt

Debt-to-Equity Ratio0.40
Current Ratio1.82
Quick Ratio1.23

Price-To-Earnings

Trailing P/E Ratio13.31
Forward P/E Ratio17.37
P/E Growth1.74

Sales & Book Value

Annual Sales$2.48 billion
Price / Sales2.27
Cash Flow$1.9669 per share
Price / Cash Flow7.86
Book Value$5.80 per share
Price / Book2.67

Profitability

EPS (Most Recent Fiscal Year)$1.16
Net Income$354.59 million
Net Margins14.97%
Return on Equity21.23%
Return on Assets11.78%

Miscellaneous

Employees5,846
Outstanding Shares365,289,000
Market Cap$5.65 billion
Next Earnings Date7/25/2019 (Estimated)
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, May 6th. Shareholders of record on Thursday, June 27th will be given a dividend of $0.11 per share on Thursday, July 18th. This represents a $0.44 annualized dividend and a dividend yield of 2.85%. The ex-dividend date is Wednesday, June 26th. View Cypress Semiconductor's Dividend History.

How were Cypress Semiconductor's earnings last quarter?

Cypress Semiconductor Co. (NASDAQ:CY) issued its quarterly earnings results on Thursday, April, 25th. The semiconductor company reported $0.27 EPS for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.08. The semiconductor company earned $539 million during the quarter, compared to analyst estimates of $535.13 million. Cypress Semiconductor had a net margin of 14.97% and a return on equity of 21.23%. Cypress Semiconductor's quarterly revenue was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.27 EPS. 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, July 25th 2019. View Earnings Estimates for Cypress Semiconductor.

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

Cypress Semiconductor issued an update on its second quarter earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) guidance of $0.22-0.26 for the period, compared to the Thomson Reuters consensus estimate of $0.24. The company issued revenue guidance of $515-545 million, compared to the consensus revenue estimate of $527.89 million.Cypress Semiconductor also updated its Q2 2019 guidance to $0.22-0.26 EPS.

What price target have analysts set for CY?

11 equities research analysts have issued 12 month price objectives for Cypress Semiconductor's shares. Their predictions range from $13.00 to $20.00. On average, they expect Cypress Semiconductor's share price to reach $17.0455 in the next year. This suggests a possible upside of 10.3% 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 reported strong first-quarter results. The company is benefiting from solid momentum across industrial, automotive and legacy markets. Further, accelerating design wins — especially owing to new products and the growing adoption of Cypress’ USB devices — are major positives. The company’s decision to close its JV with SK hynix system ic will help it to focus more on automotive, industrial and IoT markets, which will drive business growth. 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." (5/9/2019)
  • 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?

News coverage about CY stock has trended somewhat positive on Tuesday, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cypress Semiconductor earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave media headlines 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.

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), Alibaba Group (BABA), Intelsat (I), General Electric (GE) and Netflix (NFLX).

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 many different of institutional and retail investors. Top institutional shareholders include TCW Group Inc. (2.61%), Ceredex Value Advisors LLC (1.51%), Wellington Management Group LLP (1.48%), Villere ST Denis J & Co. LLC (1.44%), Geode Capital Management LLC (1.12%) and Dimensional Fund Advisors LP (1.02%). 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 institutional investors are selling Cypress Semiconductor stock?

CY stock was sold by a variety of institutional investors in the last quarter, including Hsbc Holdings PLC, Goldman Sachs Group Inc., Frontier Capital Management Co. LLC, Victory Capital Management Inc., Oxford Asset Management LLP, State of New Jersey Common Pension Fund D, Royce & Associates LP and Parametric Portfolio Associates LLC. Company insiders that have sold Cypress Semiconductor company stock in the last year include Hassane El-Khoury, Michael S Wishart, 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 Renaissance Technologies LLC, AQR Capital Management LLC, Marshall Wace LLP, Hancock Whitney Corp, First Trust Advisors LP, Kayak Investment Partners LLC, Ceredex Value Advisors LLC and Nissay Asset Management Corp Japan ADV. 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 $15.46.

How big of a company is Cypress Semiconductor?

Cypress Semiconductor has a market capitalization of $5.65 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.

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:  721 (Vote Outperform)
Underperform Votes:  546 (Vote Underperform)
Total Votes:  1,267
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 5/21/2019 by MarketBeat.com Staff

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