NASDAQ:CYCypress Semiconductor Stock Price, Forecast & News

$23.82

+0.01 (+0.04 %)

(As of 04/8/2020 04:00 PM ET)

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Today's Range

$23.80

Now: $23.82▼

$23.82

50-Day Range

$15.28

MA: $22.37▼

$23.82

52-Week Range

$14.91

Now: $23.82▼

$23.58

Volume13.24 million shs

Average Volume13.51 million shs

Market Capitalization$8.90 billion

P/E Ratio238.22

Dividend Yield1.89%

Beta1.44

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.

Beat the Market (BTM) Rank^™

1.1 Analyst's Opinion

Consensus Rating
Cypress Semiconductor has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 2 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.89, Cypress Semiconductor has a potential downside of 8.1% from its current price of $23.82.
Amount of Analyst Coverage
Cypress Semiconductor has only been the subject of 4 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
Cypress Semiconductor has received 783 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cypress Semiconductor has received 647 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cypress Semiconductor has received 54.76% “outperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Cypress Semiconductor is a leading dividend payer. It pays a dividend yield of 1.89%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cypress Semiconductor does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cypress Semiconductor is 53.66 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cypress Semiconductor will have a dividend payout ratio of 40.74 % next year. This indicates that Cypress Semiconductor will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cypress Semiconductor insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.55% of the stock of Cypress Semiconductor is held by insiders.
Percentage Held by Institutions
80.21% of the stock of Cypress Semiconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Cypress Semiconductor are expected to grow by 17.39% in the coming year, from $0.92 to $1.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cypress Semiconductor is 238.22, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.25.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cypress Semiconductor is 238.22, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 33.78.
Price to Book Value per Share Ratio
Cypress Semiconductor has a P/B Ratio of 4.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.75 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustrySemiconductors

SectorComputer and Technology

Current SymbolNASDAQ:CY

Previous Symbol

CUSIP23280610

CIK791915

Webhttp://www.cypress.com/

Phone408-943-2600

Debt

Debt-to-Equity Ratio0.34

Current Ratio1.79

Quick Ratio1.31

Price-To-Earnings

Trailing P/E Ratio238.22

Forward P/E Ratio25.89

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.21 billion

Price / Sales4.04

Cash Flow$1.66 per share

Price / Cash Flow14.35

Book Value$5.67 per share

Price / Book4.20

Profitability

EPS (Most Recent Fiscal Year)$0.82

Net Income$40.43 million

Net Margins1.83%

Return on Equity15.83%

Return on Assets9.20%

Miscellaneous

Employees5,871

Outstanding Shares373,640,000

Market Cap$8.90 billion

Next Earnings Date4/23/2020 (Estimated)

OptionableOptionable

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Cypress Semiconductor (NASDAQ:CY) Frequently Asked Questions

How has Cypress Semiconductor's stock been impacted by COVID-19 (Coronavirus)?

Cypress Semiconductor's stock was trading at $22.92 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CY stock has increased by 3.9% and is now trading at $23.82. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cypress Semiconductor?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cypress Semiconductor in the last year. There are currently 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cypress Semiconductor.

When is Cypress Semiconductor's next earnings date?

Cypress Semiconductor is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Cypress Semiconductor.

How were Cypress Semiconductor's earnings last quarter?

Cypress Semiconductor Co. (NASDAQ:CY) issued its quarterly earnings results on Thursday, January, 30th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.01. The semiconductor company earned $559.57 million during the quarter, compared to analyst estimates of $562.95 million. Cypress Semiconductor had a net margin of 1.83% and a return on equity of 15.83%. View Cypress Semiconductor's earnings history.

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

Cypress Semiconductor announced a quarterly dividend on Tuesday, February 18th. Investors of record on Thursday, March 26th will be given a dividend of $0.11 per share on Thursday, April 16th. This represents a $0.44 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend is Wednesday, March 25th. View Cypress Semiconductor's dividend history.

What price target have analysts set for CY?

11 equities research analysts have issued 12-month target prices for Cypress Semiconductor's shares. Their forecasts range from $15.50 to $24.00. On average, they anticipate Cypress Semiconductor's share price to reach $21.89 in the next year. This suggests that the stock has a possible downside of 8.1%. View analysts' price targets for Cypress Semiconductor.

Has Cypress Semiconductor been receiving favorable news coverage?

Media coverage about CY stock has trended very negative on Wednesday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cypress Semiconductor earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave press coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutCypress Semiconductor.

Who are some of Cypress Semiconductor's key competitors?

Some companies that are related to Cypress Semiconductor include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Xilinx (XLNX), Marvell Technology Group (MRVL), Microchip Technology (MCHP), Maxim Integrated Products (MXIM), Skyworks Solutions (SWKS), Monolithic Power Systems (MPWR), Inphi (IPHI), Cree (CREE) and First Solar (FSLR).

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), Intelsat (I), Cisco Systems (CSCO), Alibaba Group (BABA), Fossil Group (FOSL) and Energy Transfer LP Unit (ET).

Who are Cypress Semiconductor's key executives?

Cypress Semiconductor's management team includes the following 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)

What is Cypress Semiconductor's stock symbol?

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

Who are Cypress Semiconductor's major shareholders?

Cypress Semiconductor's stock is owned by many different retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.02%) and IBM Retirement Fund (0.00%). 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 buying Cypress Semiconductor stock?

CY stock was acquired by a variety of institutional investors in the last quarter, including IBM Retirement Fund, and State of Alaska Department of Revenue. 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 activity 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 $23.82.

How big of a company is Cypress Semiconductor?

Cypress Semiconductor has a market capitalization of $8.90 billion and generates $2.21 billion in revenue each year. The semiconductor company earns $40.43 million in net income (profit) each year or $0.82 on an earnings per share basis. Cypress Semiconductor employs 5,871 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]

This page was last updated on 4/8/2020 by MarketBeat.com Staff

NASDAQ:CYCypress Semiconductor Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

1.1 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.7 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment