- Cirrus stock update#
- Cirrus stock full#
- Cirrus stock portable#
- Cirrus stock android#
- Cirrus stock professional#
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market since 2016. (NASD: CRUS) stock, but cautious about paying the going market price of 17.90/share, might benefit from considering selling puts among the. Further, if the company can continue keeping expenses in check, a rise in investor expectations could drive up the company’s P/E multiple, helping the stock regain its early-2021 highs of $103, an upside of around 25% from current levels. If you are looking for stocks with good return, Cirrus Logic, Inc. Investors considering a purchase of Cirrus Logic, Inc. We believe demand for the company’s products will keep rising steadily, and that revenues will continue to benefit from this. Stock analysis for Cirrus Logic Inc (CRUS:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile.
![cirrus stock cirrus stock](https://media.sciencephoto.com/image/c0030524/800wm/C0030524-Cirrus_Clouds.jpg)
Cirrus stock android#
With R&D and SG&A expenses coming in lower, and a $21 million drop in restructuring charges, operating income jumped from $173.5 million to $237 million over this period, helping drive EPS up from $2.74 to $3.74.Īdditionally, while Apple is currently Cirrus’ largest client with almost 80% of the company’s sales coming from Apple, the company has announced plans to amp up their power and audio components sales to Android players. This is evident from Cirrus Logic’s full-year 2021 earnings (for FY ending March), where revenue came in at $1.37 billion, up from $1.28 billion in FY 2020. The global spread of coronavirus and the resulting lockdowns hampered semiconductor demand across a variety of industries, but the trend has since changed. We believe that the company’s P/E ratio has the potential to rise further in the near term on expectations of continuing demand growth and a favorable shareholder return policy, thus driving the stock price higher. However, the company’s P/E (price-to-earnings) multiple has risen from 22x in 2018 to 30x by late 2020, but has since dropped back to around 22x currently. You can find others listed on our crypto exchanges page. If you would like to know where to buy Cirrus at the current rate, the top cryptocurrency exchange for trading in Cirrus stock is currently DigiFinex.
Cirrus stock update#
We update our CIRRUS to USD price in real-time. View analysts price targets for Cirrus Logic or view top-rated stocks among Wall Street analysts. The live Cirrus price today is 0.699371 USD with a 24-hour trading volume of 55.42 USD. This suggests a possible upside of 50.3 from the stocks current price. On average, they expect Cirrus Logics share price to reach 104.88 in the next year. Is There Any Room For Growth In PepsiCo Stock? Their CRUS stock forecasts range from 80.00 to 120.00.What To Expect From Union Pacific’s Q2?.With Muted Expectations For Q2, Will Netflix Surprise?.This led to EPS (earnings-per-share) rising from $1.50 to $3.74. Lower operating expenses helped drive net margins from 7.6% to 15.9%, despite a rise in the effective tax rate.
![cirrus stock cirrus stock](https://media.sciencephoto.com/image/c0258387/800wm/C0258387-Cirrus_clouds.jpg)
Our dashboard What Factors Drove 147% Change In Cirrus Logic Stock Between 2018 And Now? has the underlying numbers behind our thinking.ĬRUS stock’s rise since late-2018 came due to a 15% rise in revenue from $1.19 billion in FY 2019 to $1.37 billion in FY 2021 (Cirrus Logic’s fiscal year ends in March). We believe that Cirrus Logic stock could rise around 25% to regain its early-2021 high of $103, driven by expectations of continuing demand growth, and strong full-year 2021 earnings. Further, the stock is still around the same level it was at before the pandemic. Cirrus Logic, a semiconductor supplier, has seen its stock rise from $56 to $82 off its March 2020 low, less than the S&P which increased by around 90% from its lows. Learn about Cirrus Logic Inc (CRUS:XNAS) stock quote with Morningstars rating and analysis and stay up to date with the current news, price, valuation.
Cirrus stock professional#
The company’s audio products are used in smartphones, tablets, wireless headsets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems.Up almost 1.5x from its low in March 2020, at the current price of $82 per share, we believe Cirrus Logic stock (NASDAQ: CRUS) has further upside potential.
Cirrus stock portable#
It offers portable products, including codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC) smart codecs, a codec with digital signal processer boosted amplifiers digital signal processors and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, hearing augmentation, and active noise cancellation. (Nasdaq: CRUS) today posted on its website at the quarterly Shareholder Letter that contains the complete financial results for the. AUSTIN, Texas- (BUSINESS WIRE)-Cirrus Logic, Inc.
Cirrus stock full#
Cirrus Logic, Inc., a fabless semiconductor company, provides low-power and high-precision mixed-signal processing solutions in the United States and internationally. Cirrus Logic Reports Fourth Quarter Revenue of 490.0 Million and Full Fiscal Year 2022 Revenue of 1.78 Billion.