About Cypress Semiconductor (NASDAQ:CY)
Cypress Semiconductor Corporation manufactures embedded system solutions for automotive, industrial, home automation and appliances, consumer electronics and medical products. The Company's segments include Microcontroller and Connectivity Division (MCD), and Memory Products Division (MPD). MCD focuses on microcontroller (MCU), analog and wireless and wired connectivity solutions. MPD focuses on parallel and serial NOR flash memories, NAND flash memories, static random access memory (SRAM), ferroelectric-random access memory (F-RAM) ferroelectric memory devices and other specialty memories. The Company's products include Traveo MCUs and Flexible MCUs; PSoC 1, PSoC 3, PSoC 4 and PSoC 5LP; CapSense, and TrueTouch Analog Power Management integrated circuits (PMICs) and energy harvesting solutions.
Industry, Sector and Symbol
SectorComputer and Technology
Trailing P/E Ratio-57.6765115531588
Forward P/E Ratio17.55
Sales & Book Value
Annual Sales$2.33 billion
Price / Sales2.31
Cash Flow$1.24 per share
Price / Cash12.98
Book Value$5.45 per share
Price / Book2.96
Return on Equity12.48%
Return on Assets6.22%
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 Tuesday, November 7th. Stockholders of record on Thursday, December 28th will be given a dividend of $0.11 per share on Thursday, January 18th. This represents a $0.44 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Wednesday, December 27th. 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, February, 1st. The semiconductor company reported $0.28 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.03. The semiconductor company earned $597.54 million during the quarter, compared to analyst estimates of $593.15 million. Cypress Semiconductor had a positive return on equity of 12.48% and a negative net margin of 4.02%. The firm's revenue was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.15 EPS. View Cypress Semiconductor's Earnings History.
When will Cypress Semiconductor make its next earnings announcement?
What guidance has Cypress Semiconductor issued on next quarter's earnings?
Cypress Semiconductor updated its first quarter earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of $0.22-0.26 for the period, compared to the Thomson Reuters consensus estimate of $0.22. The company issued revenue guidance of $565-595 million, compared to the consensus revenue estimate of $576.62 million.
Where is Cypress Semiconductor's stock going? Where will Cypress Semiconductor's stock price be in 2018?
14 brokers have issued twelve-month target prices for Cypress Semiconductor's shares. Their predictions range from $14.50 to $23.00. On average, they expect Cypress Semiconductor's share price to reach $19.04 in the next twelve months. 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 Semiconductor reported strong fourth-quarter 2017 results. Both revenues and earnings increased on a year-over-year basis. The company is currently benefiting from improvement in automotive, IoT wireless connectivity and USB-C solutions. Cypress’ advanced technology, momentum in new products, increased customer wins and growth initiatives are encouraging. The acquisition of Wireless Internet of Things (IoT) business has further strengthened the company’s dominant position in the IoT market. However, weak and uncertain macro environment remain concerns. In the past 12-months, the stock has underperformed the industry it belongs to." (2/7/2018)
- 2. Needham & Company LLC analysts commented, "Finishing a stellar 2017 (executing on key IoT , Auto, and USB-C markets, GM expanded 320 bps, FCF doubled to $349M, EPS grew 4x rev. to $0.89, leverage ratio declined to 2.3x) Cypress is on track for another year of significant earnings growth. We estimate that on modest 7% revenue growth driven by Wi-FI/ Bluetooth combo and mesh technologies in IoT , the adoption of USB-C, Auto content gains, and cross selling (as well as strong memory pricing, 70% of contracts locked in) Cypress can achieve 40% non-GAAP growth or $1.20 in 2018 – there is significant leverage in the model. Reiterate Buy." (2/2/2018)
- 3. Mizuho analysts commented, "We would use the pullback as a buying opportunity today. CY should see continued upside with Automotive tailwinds but also Nintendo Switch (~$5+ content) strong demand. We believe near-term Nintendo Switch demand remains strong." (8/29/2017)
Who are some of Cypress Semiconductor's key competitors?
Some companies that are related to Cypress Semiconductor include ON Semiconductor (ON), Arrow Electronics (ARW), Microsemi (MSCC), Cavium (CAVM), United Microelectronics (UMC), Semiconductor Manufacturing Int'l (SMI), Siliconware Precision Industries (SPIL), Coherent (COHR), Monolithic Power Systems (MPWR), Jabil (JBL), Silicon Laboratories (SLAB), Integrated Device Technology (IDTI), Cree (CREE), Atmel (ATML), Mellanox Technologies (MLNX), Tower Semiconductor (TSEM), Rogers (ROG) and Advanced Energy Industries (AEIS).
Who are Cypress Semiconductor's key executives?
Cypress Semiconductor's management team includes the folowing people:
- W. Steve Albrecht, Independent Chairman of the Board (Age 70)
- Hassane El-Khoury, President, Chief Executive Officer, Director (Age 37)
- Thad Trent, Chief Financial Officer, Executive Vice President - Finance and Administration (Age 49)
- Dana C. Nazarian, Executive Vice President - Operations & Technology (Age 50)
- Catherine P. Lego CPA, Director (Age 60)
- Jeffrey J. Owens, Director (Age 62)
- Jeannine P. Sargent, Director
- Eric A. Benhamou, Independent Director (Age 61)
- O Chul Kwon, Independent Director (Age 58)
Who owns Cypress Semiconductor stock?
Cypress Semiconductor's stock is owned by many different of institutional and retail investors. Top institutional shareholders include TCW Group Inc. (3.72%), Victory Capital Management Inc. (1.77%), Miller Howard Investments Inc. NY (1.61%), Villere ST Denis J & Co. LLC (1.37%), Alliancebernstein L.P. (1.32%) and Virtus Fund Advisers LLC (1.04%). Company insiders that own Cypress Semiconductor stock include Camillo Martino, Catherine P Lego, Dana Nazarian, Eric Benhamou, H Raymond Bingham, J Daniel Mccranie, Michael S Wishart, Oc Kwon, Sam Geha, Sudhir Gopalswamy and Trent Thad. View Institutional Ownership Trends for Cypress Semiconductor.
Who sold Cypress Semiconductor stock? Who is selling Cypress Semiconductor stock?
Cypress Semiconductor's stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., TCW Group Inc., Peregrine Capital Management LLC, OppenheimerFunds Inc., Miller Howard Investments Inc. NY, Virtus Fund Advisers LLC, Millennium Management LLC and Quantitative Investment Management LLC. Company insiders that have sold Cypress Semiconductor company stock in the last year include Dana Nazarian, Eric Benhamou, Michael S Wishart, Oc Kwon, Sam Geha, Sudhir Gopalswamy and Trent Thad. View Insider Buying and Selling for Cypress Semiconductor.
Who bought Cypress Semiconductor stock? Who is buying Cypress Semiconductor stock?
Cypress Semiconductor's stock was acquired by a variety of institutional investors in the last quarter, including Villere ST Denis J & Co. LLC, Garelick Capital Partners LP, First Trust Advisors LP, Amundi Pioneer Asset Management Inc., Park West Asset Management LLC, Renaissance Technologies LLC, Teachers Advisors LLC and Breakline Capital LLC. Company insiders that have bought Cypress Semiconductor stock in the last two years include Camillo Martino, Catherine P Lego and J Daniel Mccranie. View Insider Buying and Selling for Cypress Semiconductor.
How do I buy Cypress Semiconductor stock?
Shares of Cypress Semiconductor 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 Cypress Semiconductor stock can currently be purchased for approximately $16.15.
How big of a company is Cypress Semiconductor?
Cypress Semiconductor has a market capitalization of $5.39 billion and generates $2.33 billion in revenue each year. The semiconductor company earns $-93,650,000.00 in net income (profit) each year or ($0.28) on an earnings per share basis. Cypress Semiconductor employs 6,546 workers across the globe.
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 (CY)MarketBeat's community ratings are surveys of what our community members think about Cypress Semiconductor and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Cypress Semiconductor (NASDAQ:CY) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.64||2.64||2.67||2.92|
|Ratings Breakdown: ||1 Sell Rating(s)|
3 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
3 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
2 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$19.04||$18.19||$17.55||$16.82|
|Price Target Upside: ||10.43% upside||7.84% upside||2.79% upside||29.97% upside|
Cypress Semiconductor (NASDAQ:CY) Consensus Price Target History
Cypress Semiconductor (NASDAQ:CY) Analyst Ratings History
(Data available from 2/19/2016 forward)
Cypress Semiconductor (NASDAQ:CY) Earnings History and Estimates Chart
Cypress Semiconductor (NASDAQ CY) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/1/2018||Q4 2017||$0.25||$0.28||$593.15 million||$597.54 million||View||Listen|
|10/26/2017||Q3 2017||$0.23||$0.27||$602.16 million||$604.57 million||View||N/A|
|7/27/2017||Q2 2017||$0.16||$0.21||$546.82 million||$593.80 million||View||N/A|
|4/27/2017||Q1 2017||$0.02||$0.08||$511.41 million||$532.00 million||View||N/A|
|2/2/2017||Q416||$0.14||$0.15||$525.63 million||$530.17 million||View||Listen|
|10/27/2016||Q316||$0.08||$0.15||$525.62 million||$530.10 million||View||Listen|
|7/28/2016||Q216||$0.12||$0.12||$455.15 million||$450.10 million||View||Listen|
|4/28/2016||Q116||$0.06||$0.07||$425.17 million||$425.20 million||View||Listen|
|1/28/2016||Q415||$0.13||$0.13||$445.22 million||$456.40 million||View||Listen|
|10/22/2015||Q315||$0.16||$0.17||$480.06 million||$470.10 million||View||Listen|
|7/23/2015||Q215||$0.07||$0.15||$487.50 million||$491.00 million||View||Listen|
|4/30/2015||Q115||$0.01||($0.53)||$217.59 million||$209.14 million||View||N/A|
|1/22/2015||Q414||$0.07||$0.09||$182.66 million||$184.10 million||View||N/A|
|10/16/2014||Q314||$0.08||$0.16||$188.60 million||$187.50 million||View||Listen|
|7/17/2014||Q214||$0.03||$0.08||$183.82 million||$183.60 million||View||Listen|
|4/17/2014||Q114||$0.07||$0.07||$169.00 million||$170.28 million||View||Listen|
|1/23/2014||Q413||$0.08||$0.09||$166.47 million||$167.78 million||View||Listen|
|10/17/2013||Q313||$0.17||$0.14||$204.70 million||$188.72 million||View||N/A|
|7/18/2013||Q2 2013||$0.07||$0.14||$182.79 million||$193.47 million||View||N/A|
|4/18/2013||Q1 2013||$0.01||$0.03||$167.32 million||$172.73 million||View||N/A|
|1/24/2013||Q4 2012||$0.04||$0.05||$178.09 million||$180.28 million||View||N/A|
Cypress Semiconductor (NASDAQ:CY) Earnings Estimates
2018 EPS Consensus Estimate: $0.85
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Cypress Semiconductor (NASDAQ:CY) Dividend Information
|Most Recent Dividend:||1/18/2018|
|Payout Ratio:||-157.14% (Trailing 12 Months of Earnings) |
47.83% (Based on This Year's Estimates)
41.51% (Based on Next Year's Estimates)
Cypress Semiconductor (NASDAQ:CY) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Cypress Semiconductor (NASDAQ CY) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.69%
Institutional Ownership Percentage: 91.22%
Cypress Semiconductor (NASDAQ CY) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|1/16/2018||Sudhir Gopalswamy||SVP||Sell||3,000||$17.08||$51,240.00||65,445|| |
|12/18/2017||Sudhir Gopalswamy||SVP||Sell||3,000||$15.51||$46,530.00||68,445|| |
|11/22/2017||Sam Geha||SVP||Sell||14,517||$17.34||$251,724.78||41,204|| |
|11/16/2017||Sudhir Gopalswamy||SVP||Sell||3,000||$16.60||$49,800.00||70,607|| |
|11/9/2017||Sam Geha||SVP||Sell||8,269||$16.70||$138,092.30||63,000|| |
|10/16/2017||Trent Thad||EVP||Sell||74,818||$15.77||$1,179,879.86||172,105|| |
|9/14/2017||J Daniel Mccranie||Director||Buy||30,000||$14.37||$431,100.00||55,000|| |
|9/6/2017||Catherine P Lego||Director||Buy||20,000||$13.69||$273,800.00|| |
|8/21/2017||Camillo Martino||Director||Buy||10,000||$12.92||$129,200.00||20,000|| |
|8/4/2017||Dana Nazarian||EVP||Sell||250,075||$14.10||$3,526,057.50||302,657|| |
|8/1/2017||Michael S Wishart||Director||Sell||30,000||$14.07||$422,100.00||65,256|| |
|6/19/2017||Eric Benhamou||Director||Sell||50,000||$13.31||$665,500.00||89,997|| |
|6/8/2017||Oc Kwon||Director||Sell||6,385||$14.01||$89,453.85||69,124|| |
|3/20/2017||Eric Benhamou||Director||Sell||50,000||$14.18||$709,000.00||118,538|| |
|3/14/2017||Oc Kwon||Director||Sell||1,094||$13.77||$15,064.38||48,759|| |
|1/3/2017||H Raymond Bingham||Insider||Sell||14,361||$11.54||$165,725.94|| |
|12/19/2016||Eric Benhamou||Director||Sell||50,000||$11.21||$560,500.00||168,538|| |
|12/1/2016||H Raymond Bingham||Insider||Sell||15,000||$11.18||$167,700.00|| |
|10/10/2016||Trent Thad||CFO||Sell||11,390||$11.83||$134,743.70||181,606|| |
|10/3/2016||H Raymond Bingham||Insider||Sell||15,000||$12.10||$181,500.00|| |
|9/19/2016||Eric Benhamou||Director||Sell||50,000||$11.83||$591,500.00||218,538|| |
|9/1/2016||H Raymond Bingham||Insider||Sell||15,000||$11.96||$179,400.00||40,276|| |
|8/1/2016||H Raymond Bingham||Director||Sell||15,000||$11.65||$174,750.00||40,276|| |
|7/1/2016||H Raymond Bingham||Director||Sell||15,000||$10.40||$156,000.00||40,276|| |
|6/17/2016||H Raymond Bingham||Director||Sell||20,000||$10.26||$205,200.00||40,276|| |
|6/1/2016||H Raymond Bingham||Director||Sell||15,000||$10.58||$158,700.00||75,296|| |
|5/5/2016||H Raymond Bingham||Director||Sell||7,651||$9.51||$72,761.01||67,947|| |
|3/14/2016||H Raymond Bingham||Director||Sell||1,860||$8.63||$16,051.80||54,485|| |
|2/8/2016||Thurman J Rodgers||CEO||Buy||25,000||$6.66||$166,500.00||8,553,816|| |
|11/27/2015||Thurman J. Rodgers||CEO||Buy||7,000||$3.00||$21,000.00||8,379,915|| |
|11/9/2015||H Raymond Bingham||Director||Sell||80,666||$0.26||$20,973.16||50,765|| |
|11/9/2015||Thurman J. Rodgers||CEO||Buy||9,400||$5.59||$52,546.00||8,317,915|| |
|11/5/2015||Thurman J Rodgers||CEO||Buy||5,000||$10.50||$52,500.00||8,308,515|| |
|5/12/2015||Trent Thad||CFO||Sell||509||$12.62||$6,423.58|| |
|5/4/2015||H Raymond Bingham||Director||Sell||45,000||$13.12||$590,400.00|| |
|4/29/2015||J Daniel Mccranie||EVP||Sell||82,003||$12.83||$1,052,098.49|| |
|3/18/2015||John H Kispert||Director||Sell||620,000||$15.26||$9,461,200.00|| |
|2/5/2015||Eric Benhamou||Director||Sell||16,826||$14.25||$239,770.50|| |
|1/22/2015||Hassane El-Khoury||EVP||Sell||27,054||$14.35||$388,224.90|| |
|1/22/2015||Thurman J Rodgers||CEO||Sell||58,287||$14.35||$836,418.45|| |
|1/22/2015||Trent Thad||CFO||Sell||3,461||$14.35||$49,665.35|| |
|9/8/2014||Thurman J Rodgers||CEO||Sell||987,171||$10.84||$10,700,933.64|| |
|1/29/2014||Lloyd Carney||Director||Sell||69,681||$10.17||$708,655.77|| |
|12/6/2013||James Long||Director||Sell||59,500||$9.58||$570,010.00||184,441|| |
|11/21/2013||Brad Buss||CFO||Buy||15,000||$9.13||$136,950.00||909,107|| |
|8/23/2013||W Steve Albrecht||Director||Sell||82,404||$11.79||$971,543.16||129,557|| |
|5/21/2013||Lloyd Carney||Director||Sell||24,722||$11.50||$284,303.00|| |
|1/25/2013||Brad W Buss||CFO||Buy||10,000||$9.97||$99,700.00|| |
|10/24/2012||J Donald Sherman||Director||Buy||10,000||$9.68||$96,800.00|| |
|10/19/2012||Brad W Buss||CFO||Buy||20,000||$9.69||$193,800.00|| |
|8/16/2012||J Donald Sherman||Director||Buy||9,000||$11.98||$107,820.00|| |
Cypress Semiconductor (NASDAQ CY) News Headlines
Cypress Semiconductor (NASDAQ:CY) SEC Filings
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Cypress Semiconductor (NASDAQ:CY) Income Statement, Balance Sheet and Cash Flow Statement
Cypress Semiconductor (NASDAQ CY) Stock Chart for Monday, February, 19, 2018