Cadence Design Systems Inc. (CDNS): Price and Financial Metrics


Cadence Design Systems Inc. (CDNS): $172.43

-4.35 (-2.46%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

CDNS POWR Grades

  • CDNS scores best on the Quality dimension, with a Quality rank ahead of 98.62% of US stocks.
  • CDNS's strongest trending metric is Stability; it's been moving down over the last 179 days.
  • CDNS's current lowest rank is in the Momentum metric (where it is better than 14.92% of US stocks).

CDNS Stock Summary

  • CDNS has a market capitalization of $45,248,424,200 -- more than approximately 95.02% of US stocks.
  • With a price/earnings ratio of 57.63, CADENCE DESIGN SYSTEMS INC P/E ratio is greater than that of about 90.38% of stocks in our set with positive earnings.
  • CDNS's price/sales ratio is 13.17; that's higher than the P/S ratio of 91.9% of US stocks.
  • If you're looking for stocks that are quantitatively similar to CADENCE DESIGN SYSTEMS INC, a group of peers worth examining would be EA, SNPS, NXPI, LRCX, and BGNE.
  • CDNS's SEC filings can be seen here. And to visit CADENCE DESIGN SYSTEMS INC's official web site, go to www.cadence.com.

CDNS Valuation Summary

  • CDNS's price/sales ratio is 13.4; this is 482.61% higher than that of the median Technology stock.
  • CDNS's price/sales ratio has moved up 10.6 over the prior 243 months.

Below are key valuation metrics over time for CDNS.

Stock Date P/S P/B P/E EV/EBIT
CDNS 2022-11-25 13.4 16.9 58.5 43.6
CDNS 2022-11-23 13.4 17.0 58.5 43.7
CDNS 2022-11-22 13.2 16.7 57.7 43.1
CDNS 2022-11-21 12.9 16.4 56.6 42.2
CDNS 2022-11-18 13.2 16.7 57.7 43.0
CDNS 2022-11-17 13.2 16.7 57.7 43.0

CDNS Growth Metrics

    Its year over year cash and equivalents growth rate is now at 52.73%.
  • Its 2 year net cashflow from operations growth rate is now at 61.32%.
  • Its 4 year revenue growth rate is now at 30.92%.
Over the past 33 months, CDNS's revenue has gone up $1,098,558,000.

The table below shows CDNS's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 3,434.877 1,194.116 785.139
2022-06-30 3,283.218 1,173.289 775.141
2022-03-31 3,153.982 1,229.124 744.121
2021-12-31 2,988.244 1,100.958 695.955
2021-09-30 2,975.117 1,020.623 693.114
2021-06-30 2,890.829 930.897 678.437

CDNS's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • CDNS has a Quality Grade of A, ranking ahead of 99.34% of graded US stocks.
  • CDNS's asset turnover comes in at 0.731 -- ranking 213th of 561 Business Services stocks.
  • CTK, SSNT, and ACM are the stocks whose asset turnover ratios are most correlated with CDNS.

The table below shows CDNS's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-10-02 0.731 0.896 0.504
2021-07-03 0.713 0.890 0.494
2021-04-03 0.696 0.888 0.488
2021-01-02 0.677 0.886 0.452
2020-09-26 0.661 0.879 0.402
2020-06-27 0.707 0.883 0.403

CDNS Price Target

For more insight on analysts targets of CDNS, see our CDNS price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $159.51 Average Broker Recommendation 1.67 (Moderate Buy)

CDNS Stock Price Chart Interactive Chart >

Price chart for CDNS

CDNS Price/Volume Stats

Current price $172.43 52-week high $194.97
Prev. close $176.78 52-week low $132.32
Day low $170.29 Volume 1,255,300
Day high $173.45 Avg. volume 1,761,847
50-day MA $159.12 Dividend yield N/A
200-day MA $159.49 Market Cap 47.30B

Cadence Design Systems Inc. (CDNS) Company Bio


Cadence Design Systems, Inc. (stylized as cādence), headquartered in San Jose, California, is an American multinational computational software company, founded in 1988 by the merger of SDA Systems and ECAD, Inc. The company produces softwarehardware and silicon structures for designing integrated circuitssystems on chips (SoCs) and printed circuit boards. (Source:Wikipedia)


CDNS Latest News Stream


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Latest CDNS News From Around the Web

Below are the latest news stories about CADENCE DESIGN SYSTEMS INC that investors may wish to consider to help them evaluate CDNS as an investment opportunity.

Cadence’s Anirudh Devgan to Present at Nasdaq Investor Conference

SAN JOSE, Calif., November 28, 2022--Cadence’s Anirudh Devgan to Present at Nasdaq Investor Conference

Yahoo | November 28, 2022

Why Is Cadence (CDNS) Up 9.2% Since Last Earnings Report?

Cadence (CDNS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Yahoo | November 23, 2022

Director Lip-Bu Tan Is Betting Big on Intel (INTC) Stock

New director Lip-Bu Tan just made a massive purchase of INTC stock valued at $2.9 million.

Eddie Pan on InvestorPlace | November 21, 2022

Cadence’s Nimish Modi to Present at Wells Fargo Conference

Cadence Design Systems, Inc. (Nasdaq: CDNS): WHO: Nimish Modi, senior vice president and general manager, Strategy & New Ventures, Cadence Design Systems, Inc. (Nasdaq: CDNS). WHAT: Modi will participate in a fireside chat at the Wells Fargo TMT Summit on Thursday, December 1, 2022 in Las Vegas, Nevada. WHEN: The talk will be available live by webcast at 8:40 a.m. PST on Thursday, December

Wallstreet:Online | November 21, 2022

Mobilizing the Impact of Our “One Team” Culture

Cadence Design Systems

Yahoo | November 17, 2022

Read More 'CDNS' Stories Here

CDNS Price Returns

1-mo 21.08%
3-mo N/A
6-mo 6.26%
1-year -3.06%
3-year 162.01%
5-year 304.10%
YTD -7.47%
2021 36.59%
2020 96.70%
2019 59.52%
2018 3.97%
2017 65.82%

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