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

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$15.53 -0.17 (-1.08 %)
(As of 02/20/2019 04:28 AM ET)
Previous Close$15.70
Today's Range$15.52 - $15.68
52-Week Range$11.75 - $18.87
Volume3.20 million shs
Average Volume5.07 million shs
Market Capitalization$5.62 billion
P/E Ratio13.39
Dividend Yield2.80%
Beta1.85
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 Ratio0.41
Current Ratio1.30
Quick Ratio0.89

Price-To-Earnings

Trailing P/E Ratio13.39
Forward P/E Ratio18.27
P/E Growth1.83

Sales & Book Value

Annual Sales$2.48 billion
Price / Sales2.26
Cash Flow$1.4406 per share
Price / Cash Flow10.78
Book Value$5.85 per share
Price / Book2.65

Profitability

EPS (Most Recent Fiscal Year)$1.16
Net Income$354.59 million
Net Margins14.28%
Return on Equity22.01%
Return on Assets11.84%

Miscellaneous

Employees6,099
Outstanding Shares361,950,000
Market Cap$5.62 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 announced a quarterly dividend on Monday, November 5th. Stockholders of record on Thursday, December 27th will be paid a dividend of $0.11 per share on Thursday, January 17th. This represents a $0.44 annualized dividend and a dividend yield of 2.83%. The ex-dividend date is Wednesday, December 26th. View Cypress Semiconductor's Dividend History.

How were Cypress Semiconductor's earnings last quarter?

Cypress Semiconductor Co. (NASDAQ:CY) issued its earnings results on Thursday, January, 31st. The semiconductor company reported $0.30 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.27 by $0.03. The semiconductor company earned $604.47 million during the quarter, compared to analyst estimates of $598.72 million. Cypress Semiconductor had a return on equity of 22.01% and a net margin of 14.28%. 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, April 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 first quarter earnings guidance on Thursday, January, 31st. The company provided EPS guidance of $0.22 to $0.26 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.26. The company issued revenue guidance of $550 million, compared to the consensus revenue estimate of $558.78 million.

What price target have analysts set for CY?

10 analysts have issued 12-month price objectives for Cypress Semiconductor's stock. Their forecasts range from $13.00 to $23.00. On average, they expect Cypress Semiconductor's stock price to reach $17.1667 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for Cypress Semiconductor.

What is the consensus analysts' recommendation for Cypress Semiconductor?

10 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 7 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 suffering from weak performance of its NAND business. The company is currently facing pricing erosion which is affecting negatively this business of the company. Further, intensifying competition in the semiconductor industry poses serious threat of pricing pressure which might hurt its profitability. Nevertheless, Cypress remains optimistic on the proper execution of management’s strategy of embedded solutions for consumer, automotive and industrial customers of all sizes. Further, strong performing microcontrollers and connectivity portfolio of the company will continue to aid the top-line growth. Notably, shares of the company have outperformed the industry it belongs to over a year. However, the current trade tensions between the United States and China causing the tariffs to rise pose a serious threat to the company’s growth in the near terms." (1/16/2019)
  • 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?

Media coverage about CY stock has trended positive this week, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cypress Semiconductor earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news coverage about the semiconductor company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next several days.

Are investors shorting Cypress Semiconductor?

Cypress Semiconductor saw a drop in short interest in January. As of January 15th, there was short interest totalling 14,350,830 shares, a drop of 17.4% from the December 31st total of 17,363,845 shares. Based on an average daily volume of 5,246,428 shares, the days-to-cover ratio is presently 2.7 days. Approximately 4.0% of the shares of the company are short sold. View Cypress Semiconductor's Current Options Chain.

Who are some of Cypress Semiconductor's key competitors?

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., CFO & Principal Accounting Officer (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 investors include Ceredex Value Advisors LLC (1.42%), Villere ST Denis J & Co. LLC (1.42%), Robecosam AG (1.10%), Epoch Investment Partners Inc. (1.09%), Geode Capital Management LLC (1.09%) and Dimensional Fund Advisors LP (1.00%). 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 Prudential Financial Inc., Miller Howard Investments Inc. NY, Los Angeles Capital Management & Equity Research Inc., Victory Capital Management Inc., Nuveen Asset Management LLC, Royce & Associates LP, Wesbanco Bank Inc. and Epoch Investment Partners Inc.. 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 Oregon Public Employees Retirement Fund, Millennium Management LLC, Robecosam AG, Ceredex Value Advisors LLC, Hodges Capital Management Inc., Squarepoint Ops LLC, Hsbc Holdings PLC and Gotham Asset Management LLC. 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 $15.53.

How big of a company is Cypress Semiconductor?

Cypress Semiconductor has a market capitalization of $5.62 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 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:  2.8 out of 5 (star star)
Outperform Votes:  700 (Vote Outperform)
Underperform Votes:  531 (Vote Underperform)
Total Votes:  1,231
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 2/20/2019 by MarketBeat.com Staff

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