Cirrus Logic/CRUS

$84.25

-0.26%
-
1D1W1MYTD1YMAX

About Cirrus Logic

Cirrus Logic, Inc. is engaged in low-power, high-precision mixed-signal processing solutions. The Company's product line categories are Audio and High-Performance Mixed-Signal (HPMS). It is a supplier of low-power, low-latency, high-precision audio components that are used in a variety of applications, including smartphones, tablets, laptops, virtual reality/augmented reality headsets, home theater systems, automotive entertainment systems and professional audio systems. Its Audio Products include boosted amplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters, and standalone digital signal processors. The Company’s HPMS Products include camera controllers, haptics and sensing solutions, battery, and power integrated circuits (ICs). Additionally, the Company’s SoundClear technology consists of a broad portfolio of tools, software and algorithms that help to differentiate its customers’ products by improving the user experience.

Ticker

CRUS

Sector

Technology

Trading on

NASDAQ

Industry

Semiconductors

CEO

John Forsyth

Employees

1,702

Headquarters

Austin, United States

Cirrus Logic Metrics

BasicAdvanced
$4.42B
Market cap
26.13
P/E ratio
$3.14
EPS
1.01
Beta
-
Dividend rate
$4.42B
1.00872
$95.87
$65.02
433.17K
6.637
5.2
20.682
8.03%
10.01%
8.86%
26.132
2.472
2.456
3.318
17.204
-11.16%
-44.73%
13.99%
5.39%

What the Analysts think about Cirrus Logic

Analyst Ratings

Majority rating from 9 analysts.
Buy

Price Targets

Average projection from 8 analysts.
15.73% upside
High $105.00
Low $80.00
$84.25
Current price
$97.50
Average price target

Cirrus Logic Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
22.41% profit margin
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$618.9M
28.67%
Net income
$138.7M
83.95%
Profit margin
22.41%
43.01%

Cirrus Logic Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 43.63%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$0.92
$0.67
$1.80
$2.89
-
Expected
$0.84
$0.41
$1.54
$2.01
$0.64
Surprise
9.72%
63.95%
16.6%
43.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Cirrus Logic stock?

Cirrus Logic (CRUS) has a market cap of $4.42B as of April 24, 2024.

What is the P/E ratio for Cirrus Logic stock?

The price to earnings (P/E) ratio for Cirrus Logic (CRUS) stock is 26.13 as of April 24, 2024.

Does Cirrus Logic stock pay dividends?

No, Cirrus Logic (CRUS) stock does not pay dividends to its shareholders as of April 24, 2024.

When is the next Cirrus Logic dividend payment date?

Cirrus Logic (CRUS) stock does not pay dividends to its shareholders.

What is the beta indicator for Cirrus Logic?

Cirrus Logic (CRUS) has a beta rating of 1.01. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Cirrus Logic stock price target?

The target price for Cirrus Logic (CRUS) stock is $97.5, which is 15.73% above the current price of $84.25. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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