Financhill
Sell
47

CDNS Quote, Financials, Valuation and Earnings

Last price:
$270.13
Seasonality move :
2.74%
Day range:
$268.71 - $277.63
52-week range:
$241.29 - $328.99
Dividend yield:
0%
P/E ratio:
70.99x
P/S ratio:
16.17x
P/B ratio:
16.08x
Volume:
7.4M
Avg. volume:
1.8M
1-year change:
-7.48%
Market cap:
$75.2B
Revenue:
$4.6B
EPS (TTM):
$3.86

Analysts' Opinion

  • Consensus Rating
    Cadence Design Systems has received a consensus rating of Buy. The company's average rating is a Buy based on 13 Buy ratings, 3 Hold ratings, and 1 Sell rating.
  • Price Target Upside
    According to analysts' consensus price target of $324.93, Cadence Design Systems has an estimated upside of 18.57% from its current price of $270.23.
  • Price Target Downside
    According to analysts, the lowest downside price target is $225.00 representing 17.9% downside risk from its current price of $270.23.

Fair Value

  • According to the consensus of 17 analysts, Cadence Design Systems has 18.57% upside to fair value with a price target of $324.93 per share.

CDNS vs. S&P 500

  • Over the past 5 trading days, Cadence Design Systems has underperformed the S&P 500 by -10.25% suggesting its relative strength compared to the major market average is weak at this time.

Share Buyback

  • Cadence Design Systems does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Cadence Design Systems has grown year-over-year revenues for 3 quarters straight. In the most recent quarter Cadence Design Systems reported revenues of $1.4B.

Earnings Growth

  • Cadence Design Systems has grown year-over-year earnings for 1 quarter straight. In the most recent quarter Cadence Design Systems reported earnings per share of $1.24.
Enterprise value:
75B
EV / Invested capital:
10.49x
Price / LTM sales:
16.17x
EV / EBIT:
50.95x
EV / Revenue:
16.16x
PEG ratio (5yr expected):
67.80x
EV / Free cash flow:
67.08x
Price / Operating cash flow:
67.12x
Enterprise value / EBITDA:
44.99x
Gross Profit (TTM):
$4B
Return On Assets:
14.36%
Net Income Margin (TTM):
22.74%
Return On Equity:
25.78%
Return On Invested Capital:
18.57%
Operating Margin:
33.62%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Income Statement
Revenue $3.6B $4.1B $4.6B $1.1B $1.4B
Gross Profit $3.2B $3.7B $4B $964.5M $1.1B
Operating Income $1.1B $1.3B $1.4B $336M $455.9M
EBITDA $1.2B $1.5B $1.7B $412.7M $520.4M
Diluted EPS $3.09 $3.82 $3.86 $1.19 $1.24
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Balance Sheet
Current Assets $1.5B $1.7B $1.7B $2B $4B
Total Assets $4B $4.4B $5.1B $5.7B $9B
Current Liabilities $796.8M $971.2M $1.3B $1.6B $1.4B
Total Liabilities $1.5B $1.6B $2.4B $2.3B $4.3B
Total Equity $2.5B $2.7B $2.7B $3.4B $4.7B
Total Debt $346.8M $347.6M $748.1M $649.1M $2.5B
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Cash Flow Statement
Cash Flow Operations $1.2B $1.3B $1.3B $272.1M $441.4M
Cash From Investing -$738.6M -$412.2M -$837.1M -$98.7M -$40M
Cash From Financing -$657M -$803.6M $1.2B -$137.6M -$511.1M
Free Cash Flow $1.1B $1.2B $1.1B $238.2M $404.2M
CDNS
Sector
Market Cap
$75.2B
$103.7M
Price % of 52-Week High
83.3%
68.02%
Dividend Yield
0%
0%
Shareholder Yield
0.27%
0.91%
1-Year Price Total Return
-5.6%
-7.95%
Beta (5-Year)
1.033
0.915
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

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Technicals

8-day SMA
Sell
Level $292.45
200-day SMA
Sell
Level $289.02
Bollinger Bands (100)
Sell
Level 275.43 - 311.23
Chaikin Money Flow
Buy
Level 1B
20-day SMA
Sell
Level $298.11
Relative Strength Index (RSI14)
Sell
Level 33.07
ADX Line
Sell
Level 22.47
Williams %R
Neutral
Level -79.1915
50-day SMA
Sell
Level $302.00
MACD (12, 26)
Sell
Level -5.11
25-day Aroon Oscillator
Sell
Level -68
On Balance Volume
Neutral
Level 532.1M

Financial Scores

Buy
Altman Z-Score (Annual)
Level (22.3911)
Buy
CA Score (Annual)
Level (0.9267)
Sell
Beneish M-Score (Annual)
Level (-1.6726)
Buy
Momentum Score
Level (7)
Buy
Ohlson Score
Level (-1.7741)
Buy
Piotroski F Score (Annual)
Level (5)
Buy
Quality Ratio Score
Level (7)
Buy
Fundamental Score
Level (9)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in 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.

Stock Forecast FAQ

In the current month, CDNS has received 13 Buy ratings 3 Hold ratings, and 1 Sell ratings. The CDNS average analyst price target in the past 3 months is $324.93.

  • Where Will Cadence Design Systems Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Cadence Design Systems share price will rise to $324.93 per share over the next 12 months.

  • What Do Analysts Say About Cadence Design Systems?

    Analysts are divided on their view about Cadence Design Systems share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Cadence Design Systems is a Sell and believe this share price will drop from its current level to $225.00.

  • What Is Cadence Design Systems's Price Target?

    The price target for Cadence Design Systems over the next 1-year time period is forecast to be $324.93 according to 17 Wall Street analysts, 13 of them rate the stock a Buy, 1 rates the stock a Sell, and 3 analysts rate the stock a Hold.

  • Is CDNS A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Cadence Design Systems is a Buy. 13 of 17 analysts rate the stock a Buy at this time.

  • How Can I Buy Shares Of CDNS?

    You can purchase shares of Cadence Design Systems via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Cadence Design Systems shares.

  • What Is The Cadence Design Systems Share Price Today?

    Cadence Design Systems was last trading at $270.13 per share. This represents the most recent stock quote for Cadence Design Systems. Yesterday, Cadence Design Systems closed at $270.23 per share.

  • How To Buy Cadence Design Systems Stock Online?

    In order to purchase Cadence Design Systems stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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