CDNS's profit would be $56.65 million giving it 46.63 P/E if the $0.20 EPS is correct. Looking further out we can see that the stock has moved -50.92% over the year to date. The stock has relative volume of 0.43. Advanced Micro Devices, Inc. $4.35M worth of stock was sold by TAN LIP BU on Friday, December 15. It has underperformed by 38.56% the S&P500. JPMorgan Chase & Co. lowered Cadence Design Systems from a "neutral" rating to an "underweight" rating and set a $25.00 target price on the stock.in a research report on Monday, December 12th. Insiders sold 112,110 shares of company stock worth $4,761,035 in the last 90 days. Cadence Design Systems now has an average rating of "Hold" and a consensus price target of $44.20. Tracking current trading session activity on shares of (company), we can see that the stock price recently hit 77.35. Its EPS was $0.2 while outstanding shares of the company were 78.49M.
Performance Review: Over the last 5.0 days, Cadence Design Systems, Inc. It has outperformed by 3.35% the S&P500. Canada Pension Plan Investment Board invested in 0.16% or 2.08 million shares. It also increased its holding in Citigroup Inc (NYSE:C) by 4,705 shares in the quarter, for a total of 8,838 shares, and has risen its stake in Cms Energy Corp (NYSE:CMS).
Analysts expect Cadence Design Systems, Inc.
In related news, CFO John M. Wall sold 1,021 shares of the business's stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of $29.56, for a total value of $1,023,987.96.
Cadence Design Systems, Inc. provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis worldwide. (NASDAQ:CDNS) or 77,083 shs.
Investors sentiment increased to 1.59 in 2017 Q4. When the value is below 1, the company may not be generating enough cash from its operations to meet its interest obligations. It dived, as 26 investors sold ANF shares while 61 reduced holdings. 72 funds opened positions while 133 raised stakes. Investors holded 234.20 million in 2017Q3 but now own 235.53 million shares or 0.57% more. Accredited has 9,942 shares. Thrivent Fincl For Lutherans reported 42,284 shares. The price to earnings growth is 8.29. Sumitomo Mitsui Asset Management Company LTD now owns 576,973 shares of the company's stock worth $14,730,000 after buying an additional 556,195 shares during the last quarter.
In this article I'll take a deep dive into the numbers for Cadence Design Systems, Inc. (NASDAQ:CDNS). Voloridge Investment Limited Liability Com has 29,147 shs for 0.03% of their capital. Hutchin Hill Cap Ltd Partnership stated it has 17,500 shares. Bancshares Of Montreal Can accumulated 0.16% or 4.33M shares. Credit Agricole S A owns 61,526 shares for 0.17% of their portfolio. ValuEngine raised shares of Cadence Design Systems from a "hold" rating to a "buy" rating in a research note on Thursday, March 1st. (NASDAQ:CDNS) for 43,387 shs. (NASDAQ:CDNS). 82,919 were reported by Fjarde Ap. Therefore 50% are positive. Bank of America maintained it with "Buy" rating and $41 target in Tuesday, July 25 report. On Thursday, February 1 the firm has "Buy" rating by RBC Capital Markets given. Finally, DA Davidson upgraded Cadence Design Systems from a "neutral" rating to a "buy" rating in a report on Thursday, April 5th. The firm earned "Buy" rating on Tuesday, October 27 by Needham. Goldman Sachs Group Inc. grew its stake in Cadence Design Systems by 3.2% during the fourth quarter. (NASDAQ:CDNS) for 11,950 shares. The stock has "Outperform" rating by Northland Capital on Thursday, November 19. DA Davidson downgraded Cadence Design Systems, Inc. (NASDAQ:CDNS) to report earnings on April, 23.
When undertaking stock analysis, investors and traders may choose to view multiple technical levels. An example is a stock in a big technology company. It has a 248.25 P/E ratio. Its up 0.23, from 1.36 in 2017Q3. To dig out factors, always good to learn who else owns shares, the institutional owner includes mutual funds and pension funds are major players. About 1.03M shares traded. (NASDAQ:AMD) for 202,340 shares. Parallax Volatility Advisers Lp has invested 0% in Cadence Design Systems, Inc. Captrust Financial Advisors reported 651 shares stake. Utah Retirement Sys invested in 51,475 shares. Comerica Bank & Trust reported 348,339 shares stake. (NASDAQ:CDNS). Crestpoint Cap Limited Liability invested in 0.49% or 21,200 shs. (NASDAQ:AMD). Farmers Merchants Inc has invested 0% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD). Fmr Ltd Llc owns 36.10 million shares for 0.04% of their portfolio. WOLIN HARRY A also sold $906,556 worth of Advanced Micro Devices, Inc. About 843,744 shares traded. Shares for $1.54M were sold by DEVGAN ANIRUDH. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. Therefore 42% are positive. Cadence Design had 5 analyst reports since October 27, 2017 according to SRatingsIntel. (NYSE:ANF). 5,881 are held by Ameritas Invest Prtn. (NASDAQ:AMD) on Monday, October 30 to "Underweight" rating. According to Wilder, any number above 70 should be considered overbought and any number below 30 should be considered oversold. Craig Hallum initiated Advanced Micro Devices, Inc. 7,605 are held by Benjamin F Edwards &. The rating was upgraded by Argus Research on Thursday, February 1 to "Buy".
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