Cirrus Logic, Inc. (CRUS)
NASDAQ: CRUS · IEX Real-Time Price · USD
122.56
-1.48 (-1.19%)
At close: Jun 14, 2024, 4:00 PM
121.07
-1.49 (-1.22%)
After-hours: Jun 14, 2024, 5:50 PM EDT

Cirrus Logic Statistics

Total Valuation

Cirrus Logic has a market cap or net worth of $6.55 billion. The enterprise value is $6.18 billion.

Market Cap 6.55B
Enterprise Value 6.18B

Important Dates

The next estimated earnings date is Thursday, August 1, 2024, after market close.

Earnings Date Aug 1, 2024
Ex-Dividend Date n/a

Share Statistics

Cirrus Logic has 53.45 million shares outstanding. The number of shares has decreased by -2.11% in one year.

Shares Outstanding 53.45M
Shares Change (YoY) -2.11%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 0.43%
Owned by Institutions (%) 91.47%
Float 53.21M

Valuation Ratios

The trailing PE ratio is 25.01 and the forward PE ratio is 19.11. Cirrus Logic's PEG ratio is 8.09.

PE Ratio 25.01
Forward PE 19.11
PS Ratio 3.66
Forward PS 3.55
PB Ratio 3.61
P/FCF Ratio 17.06
PEG Ratio 8.09
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.96, with an EV/FCF ratio of 16.09.

EV / Earnings 22.51
EV / Sales 3.45
EV / EBITDA 14.96
EV / EBIT 16.94
EV / FCF 16.09

Financial Position

The company has a current ratio of 5.94, with a Debt / Equity ratio of 0.09.

Current Ratio 5.94
Quick Ratio 3.70
Debt / Equity 0.09
Debt / EBITDA 0.38
Debt / FCF 0.40
Interest Coverage 398.74

Financial Efficiency

Return on equity (ROE) is 15.70% and return on invested capital (ROIC) is 13.14%.

Return on Equity (ROE) 15.70%
Return on Assets (ROA) 12.80%
Return on Capital (ROIC) 13.14%
Revenue Per Employee $1.10M
Profits Per Employee $168,967
Employee Count 1,625
Asset Turnover 0.83
Inventory Turnover 3.79

Taxes

In the past 12 months, Cirrus Logic has paid $89.36 million in taxes.

Income Tax 89.36M
Effective Tax Rate 24.55%

Stock Price Statistics

The stock price has increased by +56.81% in the last 52 weeks. The beta is 0.97, so Cirrus Logic's price volatility has been similar to the market average.

Beta (1Y) 0.97
52-Week Price Change +56.81%
50-Day Moving Average 102.15
200-Day Moving Average 85.51
Relative Strength Index (RSI) 73.68
Average Volume (30 Days) 413,969

Short Selling Information

The latest short interest is 854,538, so 1.60% of the outstanding shares have been sold short.

Short Interest 854,538
Short Previous Month 863,869
Short % of Shares Out 1.60%
Short % of Float 1.61%
Short Ratio (days to cover) 1.79

Income Statement

In the last 12 months, Cirrus Logic had revenue of $1.79 billion and earned $274.57 million in profits. Earnings per share was $4.90.

Revenue 1.79B
Gross Profit 916.07M
Operating Income 343.47M
Pretax Income 363.94M
Net Income 274.57M
EBITDA 413.14M
EBIT 364.85M
Earnings Per Share (EPS) $4.90
Full Income Statement

Balance Sheet

The company has $526.54 million in cash and $155.22 million in debt, giving a net cash position of $371.33 million or $6.95 per share.

Cash & Cash Equivalents 526.54M
Total Debt 155.22M
Net Cash 371.33M
Net Cash Per Share $6.95
Equity / Book Value 1.82B
Book Value Per Share 33.99
Working Capital 919.80M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $421.67 million and capital expenditures -$37.65 million, giving a free cash flow of $384.02 million.

Operating Cash Flow 421.67M
Capital Expenditures -37.65M
Free Cash Flow 384.02M
FCF Per Share $7.07
Full Cash Flow Statement

Margins

Gross margin is 51.21%, with operating and profit margins of 19.20% and 15.35%.

Gross Margin 51.21%
Operating Margin 19.20%
Pretax Margin 20.34%
Profit Margin 15.35%
EBITDA Margin 23.09%
EBIT Margin 20.40%
FCF Margin 21.47%

Dividends & Yields

Cirrus Logic does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 2.11%
Shareholder Yield 2.11%
Earnings Yield 4.19%
FCF Yield 5.86%
Dividend Details

Analyst Forecast

The average price target for Cirrus Logic is $110.00, which is -10.25% lower than the current price. The consensus rating is "Strong Buy".

Price Target $110.00
Price Target Difference -10.25%
Analyst Consensus Strong Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on July 18, 1995. It was a forward split with a ratio of 2:1.

Last Split Date Jul 18, 1995
Split Type Forward
Split Ratio 2:1

Scores

Cirrus Logic has an Altman Z-Score of 11.35 and a Piotroski F-Score of 7.

Altman Z-Score 11.35
Piotroski F-Score 7