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

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$13.02 +0.18 (+1.40 %)

(As of 11/15/2018 05:20 AM ET)

Previous Close$12.84

Today's Range$12.86 - $13.19

52-Week Range$11.75 - $18.87

Volume3.21 million shs

Average Volume5.64 million shs

Market Capitalization$4.60 billion

P/E Ratio21.70

Dividend Yield3.46%

Beta2.09

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 Ratio21.70

Forward P/E Ratio12.06

P/E Growth1.01

Sales & Book Value

Annual Sales$2.33 billion

Price / Sales2.02

Cash Flow$1.4897 per share

Price / Cash8.74

Book Value$5.21 per share

Price / Book2.50

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$4.60 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. Shareholders of record on Thursday, December 27th will be given a dividend of $0.11 per share on Thursday, January 17th. This represents a $0.44 annualized dividend and a yield of 3.38%. 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 results on Thursday, October, 25th. The semiconductor company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.03. The semiconductor company earned $673.04 million during the quarter, compared to analyst estimates of $669.62 million. Cypress Semiconductor had a return on equity of 21.26% and a net margin of 2.08%. 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, February 7th 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 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?

13 brokers have issued 12 month price targets for Cypress Semiconductor's shares. Their forecasts range from $13.00 to $23.00. On average, they anticipate Cypress Semiconductor's share price to reach $18.3462 in the next twelve months. This suggests a possible upside of 40.9% from the stock's current price. View Analyst Price Targets for Cypress Semiconductor.

What is the consensus analysts' recommendation for Cypress Semiconductor?

13 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 10 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 currently suffering from intensifying competition in the semiconductor industry. This might put the company under pressure to lower its prices which will hurt its profitability. Notably, shares of the company have underperformed the industry it belongs to over a year. However, Cypress remains optimistic on the proper execution of management’s strategy of delivering the complete package of connect, compute and store solutions. This is expected to aid the company’s performance across all the end markets. Further, the company’s exposure to IoT, automotive, and industrial markets remains positive. Nevertheless, the ongoing trade tensions between the United States and China pose a serious threat to the company’s growth in the near terms." (9/26/2018)
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 coverage about CY stock has trended somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative news 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 nearest to five being the most favorable. Cypress Semiconductor earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the immediate future.

Are investors shorting Cypress Semiconductor?

Cypress Semiconductor saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 21,730,153 shares, an increase of 9.5% from the October 15th total of 19,837,852 shares. Based on an average trading volume of 7,262,756 shares, the days-to-cover ratio is presently 3.0 days. Approximately 6.0% of the company's stock are sold short. View Cypress Semiconductor's Current Options Chain.

Who are some of Cypress Semiconductor's key competitors?

Some companies that are related to Cypress Semiconductor include Microchip Technology (MCHP), Maxim Integrated Products (MXIM), Skyworks Solutions (SWKS), STMicroelectronics (STM), Marvell Technology Group (MRVL), ASE Technology (ASX), Qorvo (QRVO), ON Semiconductor (ON), IPG Photonics (IPGP), Integrated Device Technology (IDTI), Monolithic Power Systems (MPWR), Mellanox Technologies (MLNX), First Solar (FSLR), SUMCO Corp/ADR (SUOPY) and Cree (CREE).

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 institutional and retail investors. Top institutional investors include TCW Group Inc. (3.01%), Miller Howard Investments Inc. NY (1.34%), Villere ST Denis J & Co. LLC (1.32%), Epoch Investment Partners Inc. (1.17%), Alliancebernstein L.P. (1.15%) and Prudential Financial Inc. (1.14%). Company insiders that own Cypress Semiconductor stock include Camillo Martino, Catherine P Lego, Dana Nazarian, Eric Benhamou, H Raymond Bingham, 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 First Trust Advisors LP, Renaissance Technologies LLC, Epoch Investment Partners Inc., TCW Group Inc., Victory Capital Management Inc., Loomis Sayles & Co. L P, Pictet Asset Management Ltd. and Ceredex Value Advisors 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 institutional investors are buying Cypress Semiconductor stock?

CY stock was bought by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., Prudential Financial Inc., Panagora Asset Management Inc., AXA, American Century Companies Inc., Hsbc Holdings PLC, Capital Fund Management S.A. and State of New Jersey Common Pension Fund D. 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 $13.02.

How big of a company is Cypress Semiconductor?

Cypress Semiconductor has a market capitalization of $4.60 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:		2.9 out of 5 ( )
Outperform Votes:		687 (Vote Outperform)
Underperform Votes:		511 (Vote Underperform)
Total Votes:		1,198

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 11/15/2018 by MarketBeat.com Staff