Cirrus Logic, Inc. (CRUS)
| Market Cap | 5.62B |
| Revenue (ttm) | 2.01B |
| Net Income (ttm) | 326.79M |
| Shares Out | 55.06M |
| EPS (ttm) | 5.68 |
| PE Ratio | 18.00 |
| Forward PE | 12.85 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 539,778 |
| Open | 100.64 |
| Previous Close | 102.38 |
| Day's Range | 99.92 - 104.36 |
| 52-Week Range | 61.94 - 104.97 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 91.79 (-10.16%) |
| Earnings Date | Feb 2, 2023 |
About CRUS
Cirrus Logic, Inc., a fabless semiconductor company, provides low-power and high-precision mixed-signal processing solutions in the United States and internationally. 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... [Read more]
Financial Performance
In 2022, Cirrus Logic's revenue was $1.78 billion, an increase of 30.11% compared to the previous year's $1.37 billion. Earnings were $326.36 million, an increase of 50.16%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for CRUS stock is "Buy." The 12-month stock price forecast is $91.79, which is a decrease of -10.16% from the latest price.
News
Why Cirrus Logic Shares Are Trading HIgher Today? - Cirrus Logic (NASDAQ:CRUS)
Cirrus Logic CRUS shares are trading higher after the company reported better-than-expected Q3 EPS and sales results.
Cirrus Logic (CRUS) Q3 Earnings Top Estimates, Revenues Up Y/Y
Cirrus Logic's (CRUS) Q3 results benefit from the increasing demand for its solutions amid rising smartphone demand.
Cirrus Logic (CRUS) Q3 Earnings and Revenues Surpass Estimates
Cirrus Logic (CRUS) delivered earnings and revenue surprises of 20.60% and 9.78%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Cirrus Logic Reports Fiscal Third Quarter Revenue of $590.6 Million
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for...
4 Tech Stocks Seeing Upward Estimate Revisions Heading into Earnings
The revisions trend indicates that not all tech stocks are headed the same way as Microsoft.
CRUS vs. AMBA: Which Stock Should Value Investors Buy Now?
CRUS vs. AMBA: Which Stock Is the Better Value Option?
Earnings Preview: Cirrus Logic (CRUS) Q3 Earnings Expected to Decline
Cirrus Logic (CRUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
5 Low Price-to-Sales Stocks to Take Advantage of Current Markets
The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like AIR, SKM, PUMP, CRUS and FAF hold promise.
Cirrus Logic, Inc. (CRUS) Hit a 52 Week High, Can the Run Continue?
Cirrus Logic (CRUS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Cirrus Logic to Report Third Quarter Fiscal 2023 Results
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic Inc. (NASDAQ: CRUS) today announced that the company will post its third quarter fiscal year 2023 financial results and business outlook on the Investor ...
4 Undervalued Tech Stocks to Buy on Market Recovery Optimism
Undervalued stocks like JBL, CRUS, ASUR and BCOV may witness a sharp rebound as easing inflationary pressure and gasoline prices boost confidence over broader market recovery in 2023.
Here's Why You Need to Keep an Eye on Cirrus Logic (CRUS)
Cirrus Logic's (CRUS) performance is benefiting from increasing demand for its high-performance mixed-signal segment.
Is Cirrus Logic (CRUS) a Great Stock for Value Investors?
Is Cirrus Logic (CRUS) a great pick from the value investor's perspective right now? Read on to know more.
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Cirrus Logic (CRUS) Up 5.4% Since Last Earnings Report: Can It Continue?
Cirrus Logic (CRUS) reported earnings 30 days ago. What's next for the stock?
Cirrus Logic to Present at Barclays TMT Conference
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) announced today that President and Chief Executive Officer John Forsyth and Chief Financial Officer Venk Nathamuni will present at t...
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The pandemic-triggered disturbances hurt the Zacks Electronics - Semiconductors industry. Industry players like GFS, LSCC, CRUS and PI are set to gain from the solid adoption of 5G, AI, ML, IoT and Bl...
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Cirrus Logic (CRUS) Q2 Earnings & Revenues Beat, Rise Y/Y
Cirrus Logic's (CRUS) Q2 results benefit from the increasing demand for its high-performance mixed-signal segment.
Cirrus Logic (CRUS) Q2 Earnings and Revenues Surpass Estimates
Cirrus Logic (CRUS) delivered earnings and revenue surprises of 37.24% and 14.85%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Cirrus Logic Reports Fiscal Second Quarter Revenue of $540.6 Million
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for t...
Can Cirrus Logic (CRUS) Keep the Earnings Surprise Streak Alive?
Cirrus Logic (CRUS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.