Cree, Inc. (CREE)
Stock Price Chart
Key Info
| Market Cap | 7.96B |
| Revenue (ttm) | 903.90M |
| Net Income (ttm) | -191.70M |
| Shares Out | 109.72M |
| EPS (ttm) | -1.78 |
| PE Ratio | n/a |
| Forward PE | 232.56 |
| Dividend | n/a |
| Dividend Yield | n/a |
Stock Quote
| Trading Day | Oct 23, 2020 |
| Last Price | $72.53 |
| Previous Close | $71.91 |
| Change ($) | 0.62 |
| Change (%) | 0.86% |
| Day's Open | 72.25 |
| Day's Range | 71.28 - 73.42 |
| Day's Volume | 654,845 |
| 52-Week Range | 27.77 - 77.19 |
More Stats
| Market Cap | 7.96B |
| Enterprise Value | 7.50B |
| Earnings Date (est) | Oct 28, 2020 |
| Ex-Dividend Date | n/a |
| Shares Outstanding | 109.72M |
| Float | 108.56M |
| EPS (basic) | -1.78 |
| EPS (diluted) | -1.78 |
| FCF / Share | -2.44 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
| Payout Ratio | n/a |
| Shares Short | 13.29M |
| Short Ratio | 12.23 |
| Short % of Float | 12.24% |
| Beta | 1.12 |
| PE Ratio | n/a |
| Forward PE | 232.56 |
| P/FCF Ratio | n/a |
| PS Ratio | 8.80 |
| PB Ratio | 3.79 |
| Revenue | 903.90M |
| Operating Income | -209.40M |
| Net Income | -191.70M |
| Free Cash Flow | -263.50M |
| Net Cash | 452.90M |
| Net Cash / Share | 4.13 |
| Gross Margin | 28.41% |
| Operating Margin | -23.17% |
| Profit Margin | -21.20% |
| FCF Margin | -29.15% |
| ROA | -3.17% |
| ROE | -9.23% |
| ROIC | -13.10% |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 904 | 1,080 | 925 | 772 | 1,617 | 1,633 | 1,648 | 1,386 | 1,165 | 988 |
| Revenue Growth | -16.31% | 16.77% | 19.88% | -52.28% | -0.97% | -0.92% | 18.88% | 19% | 17.93% | - |
| Gross Profit | 248 | 391 | 302 | 244 | 487 | 474 | 618 | 523 | 409 | 436 |
| Operating Income | -209 | -15.90 | -28.00 | -20.10 | -10.47 | -73.55 | 133 | 96.49 | 39.26 | 169 |
| Net Income | -192 | -375 | -280 | -98.10 | -21.54 | -64.69 | 123 | 86.93 | 44.41 | 147 |
| Shares Outstanding | 108 | 104 | 99.53 | 98.49 | 102 | 113 | 121 | 117 | 115 | 109 |
| Earnings Per Share | -1.78 | -3.62 | -2.81 | -1.00 | -0.21 | -0.57 | 1.00 | 0.74 | 0.39 | 1.33 |
| EPS Growth | - | - | - | - | - | - | 35.14% | 89.74% | -70.68% | - |
| Operating Cash Flow | -29.00 | 202 | 174 | 221 | 203 | 181 | 319 | 285 | 242 | 251 |
| Capital Expenditures | -235 | -131 | -172 | -85.50 | -115 | -206 | -178 | -77.17 | -94.76 | -237 |
| Free Cash Flow | -264 | 71.30 | 1.80 | 135 | 88.59 | -24.62 | 141 | 208 | 148 | 14.50 |
| Cash & Equivalents | 1,252 | 1,051 | 387 | 611 | 605 | 713 | 1,162 | 1,024 | 745 | 1,086 |
| Total Debt | 799 | 469 | 292 | 145 | 160 | 200 | - | - | - | - |
| Net Cash / Debt | 453 | 582 | 95.10 | 466 | 445 | 513 | 1,162 | 1,024 | 745 | 1,086 |
| Assets | 3,231 | 2,817 | 2,638 | 2,650 | 2,766 | 2,948 | 3,344 | 3,052 | 2,747 | 2,447 |
| Liabilities | 1,142 | 776 | 566 | 427 | 398 | 486 | 354 | 246 | 187 | 185 |
| Book Value | 2,083 | 2,036 | 2,067 | 2,223 | 2,368 | 2,462 | 2,990 | 2,807 | 2,560 | 2,262 |
Company Profile
Company Details
| Full Name | Cree, Inc. |
| Country | United States |
| Employees | 5,130 |
| CEO | Gregg A. Lowe |
Stock Information
| Ticker Symbol | CREE |
| Stock Exchange | NASDAQ |
| Sector | Technology |
| Industry | Semiconductors |
| Unique Identifier | NASDAQ: CREE |
| IPO Date | February 8, 1993 |
Description
Cree provides lighting-class light emitting diode (LED) and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, and internationally. It operates in two segments, Wolfspeed and LED Products. The Wolfspeed segment offers silicon carbide (SiC) materials for RF, power switching, gemstones, and other applications. It also provides SiC power device products, including SiC Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for electric vehicles, including charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, this segment offers gallium nitride (GaN) die, high-electron mobility transistors (HEMTs), monolithic microwave integrated circuits (MMICs), and laterally diffused MOSFET (LDMOS) power transistors for telecommunications infrastructure, military, and other commercial applications; and custom die manufacturing services for GaN HEMTs and MMICs. The LED Products segment provides blue and green LED chip products for video screens, gaming displays, function indicator lights and automotive backlights, headlamps, and directional indicators. It also offers XLamp LED components and LED modules for lighting applications; and surface mount and through-hole packaged LED products for video, signage, general illumination, transportation, gaming, and specialty lighting applications. The company was founded in 1987 and is headquartered in Durham, North Carolina.