On Monday, Cadence Design Systems, Inc (NASDAQ: CDNS) opened higher 1.96% from the last session, before settling in for the closing price of $305.78. Price fluctuations for CDNS have ranged from $221.56 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. Company’s average yearly earnings per share was noted 13.68% at the time writing. With a float of $271.89 million, this company’s outstanding shares have now reached $273.04 million.
The firm has a total of 12700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 93.59%, operating margin of 30.07%, and the pretax margin is 29.57%.
Cadence Design Systems, Inc (CDNS) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Cadence Design Systems, Inc is 0.42%, while institutional ownership is 88.52%. The most recent insider transaction that took place on May 02 ’25, was worth 3,328,470. In this transaction President and CEO of this company sold 10,737 shares at a rate of $310.00, taking the stock ownership to the 209,548 shares. Before that another transaction happened on May 01 ’25, when Company’s Sr. Vice President sold 650 for $303.00, making the entire transaction worth $196,950. This insider now owns 108,149 shares in total.
Cadence Design Systems, Inc (CDNS) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 13.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.23% 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
Check out the current performance indicators for Cadence Design Systems, Inc (CDNS). In the past quarter, the stock posted a quick ratio of 2.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 17.46. Likewise, its price to free cash flow for the trailing twelve months is 61.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.95, a number that is poised to hit 1.58 in the next quarter and is forecasted to reach 7.76 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 1.79 million was lower than the volume posted last year of 2.18 million. As of the previous 9 days, the stock’s Stochastic %D was 73.84%. Additionally, its Average True Range was 10.19.
During the past 100 days, Cadence Design Systems, Inc’s (CDNS) raw stochastic average was set at 87.18%, which indicates a significant increase from 85.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.79% in the past 14 days, which was lower than the 45.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $265.09, while its 200-day Moving Average is $279.05. Now, the first resistance to watch is $318.32. This is followed by the second major resistance level at $324.87. The third major resistance level sits at $329.74. If the price goes on to break the first support level at $306.90, it is likely to go to the next support level at $302.03. Now, if the price goes above the second support level, the third support stands at $295.48.
Cadence Design Systems, Inc (NASDAQ: CDNS) Key Stats
There are currently 273,042K shares outstanding in the company with a market cap of 85.13 billion. Presently, the company’s annual sales total 4,641 M according to its annual income of 1,055 M. Last quarter, the company’s sales amounted to 1,242 M and its income totaled 273,580 K.
