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

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$15.06 -0.21 (-1.37 %)
(As of 03/20/2019 03:42 PM ET)
Previous Close$15.27
Today's Range$14.94 - $15.32
52-Week Range$11.75 - $18.59
Volume1.92 million shs
Average Volume3.31 million shs
Market Capitalization$5.49 billion
P/E Ratio12.99
Dividend Yield2.90%
Beta1.93
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
CIK791915
Webwww.cypress.com
Phone408-943-2600

Debt

Debt-to-Equity Ratio0.41
Current Ratio1.64
Quick Ratio1.17

Price-To-Earnings

Trailing P/E Ratio12.99
Forward P/E Ratio17.72
P/E Growth1.78

Sales & Book Value

Annual Sales$2.48 billion
Price / Sales2.21
Cash Flow$1.9641 per share
Price / Cash Flow7.67
Book Value$5.85 per share
Price / Book2.58

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

Employees5,846
Outstanding Shares364,590,000
Market Cap$5.49 billion
Next Earnings Date4/25/2019 (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 Tuesday, February 19th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.11 per share on Thursday, April 18th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Wednesday, March 27th. View Cypress Semiconductor's Dividend History.

How were Cypress Semiconductor's earnings last quarter?

Cypress Semiconductor Co. (NASDAQ:CY) announced its quarterly earnings data on Thursday, January, 31st. The semiconductor company reported $0.30 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.03. The semiconductor company had revenue of $604.47 million for the quarter, compared to the consensus estimate 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 updated its first quarter earnings guidance on Thursday, January, 31st. The company provided earnings per share (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?

11 brokers have issued 12 month price objectives for Cypress Semiconductor's stock. Their predictions range from $13.00 to $23.00. On average, they anticipate Cypress Semiconductor's share price to reach $17.05 in the next year. This suggests a possible upside of 13.2% 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 is benefiting from its solid momentum across the industrial, automotive and enterprise markets. Further, accelerating design wins especially from new products and growing adoption of Cypress’ USB devices are major positives. Additionally, the company’s decision of divesting the NAND business will help it to focus more on the automotive, industrial and IoT markets, which will drive its business growth. Moreover, proper execution of Cypress’ 3.0 strategy, which is focused on delivering embedded solutions for consumer, automotive and industrial customers of all sizes will continue to act as a tailwind. However, softness in the consumer end market and sluggish Microcontroller and Connectivity Division remains a matter of concern for the company. Further, the ongoing trade tension between U.S. and China is an overhang. Notably, the stock has underperformed the industry it belongs to over a year." (3/18/2019)
  • 2. Needham & Company LLC analysts commented, "At its 2019 Analyst Day, we believe Cypress demonstrated its laser-like focus on IoT and Auto – two markets that represent the fastest growing trends in the semiconductor industry, if not all of technology. By investing in connect (wireline/wireless) and compute (MCU, touch, flash), we believe Cypress is uniquely positioned to capitalize on these growing trends while also establishing a defensible position in these markets. Moreover, we are encouraged that the company has increased its long-term target, specifically raising its gross margin target to >50% (vs. 50%), which demonstrates the underlying mix shift to higher-margin & stickier products. Based on this new model, we could see long-term earnings of $1.50-$1.75, making the stock inexpensive at current valuations." (3/14/2019)

Has Cypress Semiconductor been receiving favorable news coverage?

News headlines about CY stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cypress Semiconductor earned a news sentiment score of 0.7 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the stock's share price in the immediate future.

Are investors shorting Cypress Semiconductor?

Cypress Semiconductor saw a increase in short interest in the month of February. As of February 15th, there was short interest totalling 15,616,165 shares, an increase of 11.2% from the January 31st total of 14,043,342 shares. Based on an average daily volume of 5,618,575 shares, the short-interest ratio is presently 2.8 days. Approximately 4.3% of the shares of the stock are sold short. View Cypress Semiconductor's Current Options Chain.

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), Advanced Micro Devices (AMD), Bank of America (BAC), Intel (INTC), Alibaba Group (BABA), NVIDIA (NVDA), General Electric (GE), Cisco Systems (CSCO), Twitter (TWTR) 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., 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 number 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 Geode Capital Management LLC (1.09%). 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 major 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., American Century Companies Inc., Nuveen Asset Management LLC, Royce & Associates LP and Wesbanco Bank Inc.. Company insiders that have sold Cypress Semiconductor company stock in the last year include Hassane El-Khoury, Michael S Wishart, Sam Geha, Sudhir Gopalswamy and Trent Thad. View Insider Buying and Selling for Cypress Semiconductor.

Which major investors are buying Cypress Semiconductor stock?

CY stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Millennium Management LLC, Robecosam AG, Ceredex Value Advisors LLC, Hodges Capital Management Inc., Squarepoint Ops LLC and Hsbc Holdings PLC. 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 $15.06.

How big of a company is Cypress Semiconductor?

Cypress Semiconductor has a market capitalization of $5.49 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:  706 (Vote Outperform)
Underperform Votes:  537 (Vote Underperform)
Total Votes:  1,243
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 3/20/2019 by MarketBeat.com Staff

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