Market closedNon-fractional
Cadence Design Systems/CDNS
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15:10
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18:25
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About Cadence Design Systems
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Ticker
CDNS
Sector
Technology
Trading on
NASDAQ
Industry
Software
Headquarters
San Jose, United States
Employees
11,200
Website
www.cadence.com
CDNS Metrics
BasicAdvanced
$71B
Market cap
66.94
P/E ratio
$3.86
EPS
1.03
Beta
-
Dividend rate
Price and volume
Market cap
$71B
Beta
1.03
Financial strength
Current ratio
1.432
Quick ratio
1.186
Long term debt to equity
23.444
Total debt to equity
31.652
Interest coverage (TTM)
30.34%
Management effectiveness
Return on assets (TTM)
12.08%
Return on equity (TTM)
29.44%
Valuation
Price to earnings (TTM)
66.942
Price to revenue (TTM)
16.746
Price to book
16.42
Price to tangible book (TTM)
59.33
Price to free cash flow (TTM)
73.934
Growth
Revenue change (TTM)
9.49%
Earnings per share change (TTM)
18.40%
3-year revenue growth (CAGR)
12.91%
3-year earnings per share growth (CAGR)
16.68%
What the Analysts think about CDNS
Analyst Ratings
Majority rating from 16 analysts.
CDNS Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1B
-5.57%
Net income
$248M
-23.53%
Profit margin
24.53%
-19.04%
CDNS Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.22
$1.26
$1.38
$1.17
-
Expected
$1.18
$1.20
$1.33
$1.13
$1.22
Surprise
2.96%
4.76%
3.44%
3.94%
-
CDNS News
AllArticlesVideos
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.
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Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Cadence Design Systems stock?
Cadence Design Systems (CDNS) has a market cap of $71B as of July 27, 2024.
What is the P/E ratio for Cadence Design Systems stock?
The price to earnings (P/E) ratio for Cadence Design Systems (CDNS) stock is 66.94 as of July 27, 2024.
Does Cadence Design Systems stock pay dividends?
No, Cadence Design Systems (CDNS) stock does not pay dividends to its shareholders as of July 27, 2024.
When is the next Cadence Design Systems dividend payment date?
Cadence Design Systems (CDNS) stock does not pay dividends to its shareholders.
What is the beta indicator for Cadence Design Systems?
Cadence Design Systems (CDNS) has a beta rating of 1.03. 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.
Buy or sell Cadence Design Systems stock
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