A new trading day began on Tuesday, with Cadence Design Systems, Inc (NASDAQ: CDNS) stock price up 0.12% from the previous day of trading, before settling in for the closing price of $233.96. CDNS’s price has ranged from $231.51 to $328.99 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 14.74% over the last five years. Meanwhile, its annual earnings per share averaged 12.62%. With a float of $273.28 million, this company’s outstanding shares have now reached $273.85 million.
The firm has a total of 12700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 91.54%, operating margin of 29.18%, and the pretax margin is 30.07%.
Cadence Design Systems, Inc (CDNS) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Cadence Design Systems, Inc is 0.30%, while institutional ownership is 88.24%. The most recent insider transaction that took place on Mar 03 ’25, was worth 164,274. In this transaction Sr. Vice President of this company sold 650 shares at a rate of $252.73, taking the stock ownership to the 58,123 shares. Before that another transaction happened on Mar 03 ’25, when Company’s Officer proposed sale 650 for $252.73, making the entire transaction worth $164,274.
Cadence Design Systems, Inc (CDNS) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.49% during the next five years compared to 1.80% growth over the previous five years of trading.
Cadence Design Systems, Inc (NASDAQ: CDNS) Trading Performance Indicators
Here are Cadence Design Systems, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.83. Likewise, its price to free cash flow for the trailing twelve months is 57.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.85, a number that is poised to hit 1.49 in the next quarter and is forecasted to reach 7.73 in one year’s time.
Technical Analysis of Cadence Design Systems, Inc (CDNS)
Analysing the last 5-days average volume posted by the [Cadence Design Systems, Inc, CDNS], we can find that recorded value of 2.49 million was better than the volume posted last year of 2.07 million. As of the previous 9 days, the stock’s Stochastic %D was 21.15%. Additionally, its Average True Range was 10.11.
During the past 100 days, Cadence Design Systems, Inc’s (CDNS) raw stochastic average was set at 4.33%, which indicates a significant decrease from 8.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.46% in the past 14 days, which was lower than the 42.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $286.22, while its 200-day Moving Average is $286.29. Now, the first resistance to watch is $238.41. This is followed by the second major resistance level at $242.57. The third major resistance level sits at $246.73. If the price goes on to break the first support level at $230.09, it is likely to go to the next support level at $225.93. Now, if the price goes above the second support level, the third support stands at $221.77.
Cadence Design Systems, Inc (NASDAQ: CDNS) Key Stats
With a market capitalization of 64.21 billion, the company has a total of 274,108K Shares Outstanding. Currently, annual sales are 4,641 M while annual income is 1,055 M. The company’s previous quarter sales were 1,356 M while its latest quarter income was 340,210 K.
