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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
SymbolNASDAQ:CY
CUSIP23280610
Phone408-943-2600
Debt
Debt-to-Equity Ratio0.50
Current Ratio1.27
Quick Ratio0.87
Price-To-Earnings
Trailing P/E Ratio28.43
Forward P/E Ratio16.56
P/E Growth1.02
Sales & Book Value
Annual Sales$2.33 billion
Price / Sales2.63
Cash Flow$1.4532 per share
Price / Cash11.74
Book Value$5.45 per share
Price / Book3.13
Profitability
EPS (Most Recent Fiscal Year)$0.60
Net Income$-80,910,000.00
Net Margins-1.63%
Return on Equity15.62%
Return on Assets7.89%
Miscellaneous
Employees6,099
Outstanding Shares358,490,000
Market Cap$6,115.87
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, May 15th. Stockholders of record on Thursday, June 28th will be given a dividend of $0.11 per share on Thursday, July 19th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date of this dividend is Wednesday, June 27th. 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, April, 26th. The semiconductor company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. The semiconductor company earned $582.24 million during the quarter, compared to analyst estimates of $580.44 million. Cypress Semiconductor had a positive return on equity of 15.62% and a negative net margin of 1.63%. The company's revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.13 EPS. View Cypress Semiconductor's Earnings History.
When is Cypress Semiconductor's next earnings date?
What guidance has Cypress Semiconductor issued on next quarter's earnings?
Cypress Semiconductor updated its second quarter earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $0.27-0.31 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.29. The company issued revenue guidance of $605-630 million, compared to the consensus revenue estimate of $619.23 million.
What price target have analysts set for CY?
13 brokerages have issued 12 month price objectives for Cypress Semiconductor's stock. Their forecasts range from $14.50 to $23.00. On average, they anticipate Cypress Semiconductor's share price to reach $19.7083 in the next year. This suggests a possible upside of 15.5% from the stock's current price. View Analyst Ratings 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, 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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 continues to perform well across all the end markets with the help of its robust and expanding product portfolio. This remains the key driver of its top-line growth. Further, the company’s strong focus toward delivering embedded solutions for consumer, automotive and industrial customers will continue to aid the execution of its growth strategies. Moreover, strengthening automotive microcontrollers and improving demand for the company’s Flash and SRAM products will continue to help Cypress in gaining momentum. We note that Cypress’ advanced technology, momentum in new products, increased customer wins and growth initiatives are major positives. However, ongoing consolidation in the semiconductor industry remains a headwind. The stock has outperformed the industry it belongs to over a year." (6/27/2018)
- 2. Needham & Company LLC analysts commented, "CY posted strong 1Q results (above seasonality) and inline topline guide. Strength was broad-based: wireless IoT , MCU, NOR flash and USB- C. We believe CY is the dominant Wi-Fi/BLE combo supplier for IoT , an important connectivity standard. 802.11ac shipments now exceed 802.11n shipments, giving CY a strong competitive advantage in wireless. Moreover, auto and industrial accounted for 52% of sales. Net, after a period of inventory digestion at Apple (2-3% of sales via USB- C) and IoT seasonality, we expect a rebuild and seasonal ramp in 2H18." (4/27/2018)
Who are some of Cypress Semiconductor's key competitors?
Some companies that are related to Cypress Semiconductor include Microchip Technology (MCHP), STMicroelectronics (STM), Kyocera (KYO), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Xilinx (XLNX), Advanced Micro Devices (AMD), IPG Photonics (IPGP), Marvell Technology Group (MRVL), ON Semiconductor (ON), Qorvo (QRVO), ASE INDL HLDG C/S (ASX), Microsemi (MSCC), United Microelectronics (UMC) and SUMCO Corp/ADR (SUOPY).
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)
Has Cypress Semiconductor been receiving favorable news coverage?
News stories about CY stock have been trending positive recently, Accern Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cypress Semiconductor earned a media sentiment score of 0.35 on Accern's scale. They also assigned news stories about the semiconductor company an impact score of 45.33 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Cypress Semiconductor's major shareholders?
Cypress Semiconductor's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Miller Howard Investments Inc. NY (1.40%), Peregrine Capital Management LLC (0.59%), Deprince Race & Zollo Inc. (0.36%), LS Investment Advisors LLC (0.24%), Retirement Systems of Alabama (0.24%) and Essex Investment Management Co. LLC (0.08%). 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 major investors are selling Cypress Semiconductor stock?
CY stock was sold by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, LS Investment Advisors LLC, Columbia Partners L L C Investment Management, Peregrine Capital Management LLC, Municipal Employees Retirement System of Michigan, Essex Investment Management Co. LLC and Catawba Capital Management VA. Company insiders that have sold Cypress Semiconductor company stock in the last year include Dana Nazarian, 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 purchased by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., James Investment Research Inc., NN Investment Partners Holdings N.V., Highland Capital Management LLC, Bank of Montreal Can, Amalgamated Bank, State of Alaska Department of Revenue and Hartford Investment Management Co.. 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 $17.06.
How big of a company is Cypress Semiconductor?
Cypress Semiconductor has a market capitalization of $6.12 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.
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)
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.
