A new trading day began on Friday, with Cirrus Logic, Inc (NASDAQ: CRUS) stock price down -3.86% from the previous day of trading, before settling in for the closing price of $105.20. CRUS’s price has ranged from $75.92 to $147.46 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 9.17% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -3.23%. With a float of $52.86 million, this company’s outstanding shares have now reached $53.13 million.
In an organization with 1625 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 51.59%, operating margin of 20.9%, and the pretax margin is 22.47%.
Cirrus Logic, Inc (CRUS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Cirrus Logic, Inc is 0.54%, while institutional ownership is 93.88%. The most recent insider transaction that took place on Nov 19 ’24, was worth 560,019. In this transaction VP, R&D of this company sold 5,542 shares at a rate of $101.05, taking the stock ownership to the 10,381 shares. Before that another transaction happened on Nov 19 ’24, when Company’s Officer proposed sale 5,542 for $101.06, making the entire transaction worth $560,068.
Cirrus Logic, Inc (CRUS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.98 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.40% during the next five years compared to 27.38% growth over the previous five years of trading.
Cirrus Logic, Inc (NASDAQ: CRUS) Trading Performance Indicators
Here are Cirrus Logic, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.82. Likewise, its price to free cash flow for the trailing twelve months is 9.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.89, a number that is poised to hit 2.03 in the next quarter and is forecasted to reach 6.72 in one year’s time.
Technical Analysis of Cirrus Logic, Inc (CRUS)
Let’s dig in a bit further. During the last 5-days, its volume was 0.71 million. That was better than the volume of 0.68 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.60%. Additionally, its Average True Range was 3.19.
During the past 100 days, Cirrus Logic, Inc’s (CRUS) raw stochastic average was set at 5.80%, which indicates a significant decrease from 37.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.18% in the past 14 days, which was lower than the 34.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $104.37, while its 200-day Moving Average is $115.01. However, in the short run, Cirrus Logic, Inc’s stock first resistance to watch stands at $103.92. Second resistance stands at $106.70. The third major resistance level sits at $108.83. If the price goes on to break the first support level at $99.01, it is likely to go to the next support level at $96.88. The third support level lies at $94.10 if the price breaches the second support level.
Cirrus Logic, Inc (NASDAQ: CRUS) Key Stats
With a market capitalization of 5.37 billion, the company has a total of 53,140K Shares Outstanding. Currently, annual sales are 1,789 M while annual income is 274,570 K. The company’s previous quarter sales were 541,860 K while its latest quarter income was 102,140 K.
