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


Cadence Design Systems, Inc. (CDNS): $155.78

-1.55 (-0.99%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

CDNS POWR Grades


  • Quality is the dimension where CDNS ranks best; there it ranks ahead of 98.95% of US stocks.
  • CDNS's strongest trending metric is Momentum; it's been moving down over the last 51 weeks.
  • CDNS's current lowest rank is in the Growth metric (where it is better than 22.55% of US stocks).

CDNS Stock Summary

  • CDNS has a higher market value than 93.62% of US stocks; more precisely, its current market capitalization is $43,545,797,400.
  • Price to trailing twelve month operating cash flow for CDNS is currently 46.78, higher than 89.98% of US stocks with positive operating cash flow.
  • With a year-over-year growth in debt of -50.14%, Cadence Design Systems Inc's debt growth rate surpasses just 9.31% of about US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Cadence Design Systems Inc are SNPS, SGEN, EA, QRVO, and STM.
  • Visit CDNS's SEC page to see the company's official filings. To visit the company's web site, go to www.cadence.com.

CDNS Valuation Summary

  • CDNS's EV/EBIT ratio is 59.4; this is 84.19% higher than that of the median Technology stock.
  • CDNS's price/sales ratio has moved up 12.2 over the prior 243 months.
  • Over the past 243 months, CDNS's price/sales ratio has gone up 12.2.

Below are key valuation metrics over time for CDNS.

Stock Date P/S P/B P/E EV/EBIT
CDNS 2021-09-01 15.7 18.1 67.0 59.4
CDNS 2021-08-31 15.7 18.0 66.7 59.2
CDNS 2021-08-30 15.7 18.0 66.9 59.3
CDNS 2021-08-27 15.6 17.9 66.3 58.8
CDNS 2021-08-26 15.3 17.5 65.0 57.7
CDNS 2021-08-25 15.2 17.4 64.7 57.4

CDNS Growth Metrics

  • The 5 year net cashflow from operations growth rate now stands at 96.66%.
  • Its 3 year net income to common stockholders growth rate is now at 47.51%.
  • The 3 year net cashflow from operations growth rate now stands at 52.52%.
CDNS's revenue has moved up $820,935,000 over the prior 33 months.

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
2021-06-30 2,890.829 930.897 678.437
2021-03-31 2,800.962 895.645 653.825
2020-12-31 2,682.891 904.922 590.644
2020-09-30 2,522.537 928.696 1,076.581
2020-06-30 2,435.533 860.669 1,016.465
2020-03-31 2,377.534 761.905 992.412

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% of graded US stocks.
  • CDNS's asset turnover comes in at 0.713 -- ranking 217th of 560 Business Services stocks.
  • ANSS, ACM, and MTBC 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
2021-07-03 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
2020-03-28 0.767 0.886 0.425

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 1.68 (Moderate Buy)

CDNS Stock Price Chart Interactive Chart >

Price chart for CDNS

CDNS Price/Volume Stats

Current price $155.78 52-week high $168.61
Prev. close $157.33 52-week low $105.93
Day low $155.19 Volume 919,000
Day high $157.95 Avg. volume 1,474,022
50-day MA $157.43 Dividend yield N/A
200-day MA $140.46 Market Cap 43.12B

Cadence Design Systems, Inc. (CDNS) Company Bio


Cadence Design Systems develops, sells, leases, and licenses electronic design automation software, emulation and prototyping hardware, verification intellectual property, and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide. The company was founded in 1988 and is based in San Jose, California.


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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.

Warren Buffett Stocks: Alibaba, Teradyne Among 10 Stocks On This Screen

See who joins BABA stock this screen of Warren Buffett stocks based on the investing strategy of the Berkshire Hathaway CEO.

Yahoo | October 11, 2021

Cadence Design Systems (CDNS) Earnings Expected to Grow: What to Know Ahead of Q3 Release

Cadence (CDNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo | October 11, 2021

Cadence Announces Third Quarter 2021 Financial Results Webcast

SAN JOSE, Calif., October 08, 2021--Lip-Bu Tan, chief executive officer, Anirudh Devgan, president, and John Wall, senior vice president and chief financial officer.

Yahoo | October 8, 2021

Cadence Accelerates System Innovation with Breakthrough Integrity 3D-IC Platform

SAN JOSE, Calif., October 07, 2021--Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the delivery of the Cadence® Integrity™ 3D-IC platform, the industry’s first comprehensive, high-capacity 3D-IC platform that integrates 3D design planning, implementation and system analysis in a single, unified cockpit. The Integrity 3D-IC platform underpins Cadence’s third-generation 3D-IC solution, providing customers with system-driven power, performance and area (PPA) for individual chiplets thr

Yahoo | October 7, 2021

Semiconductor Intellectual Property Global Market Report 2021: COVID-19 Growth And Change

Major players in the semiconductor intellectual property market are Arm Holdings, Synopsys, Cadence Design Systems, CEVA Inc. , Imagination Technologies, eMemory Technology Incorporated, Rambus, Mentor Graphics, Faraday Technology, Lattice Semiconductor, Achronix Semiconductor, Dolphin Integration, Open-Silicon, Xilinx, Sonics Inc. Major players in the semiconductor intellectual property market are Arm Holdings, Synopsys, Cadence Design Systems, CEVA Inc. , Imagination Technologies, eMemory Technology Incorporated, Rambus, Mentor Graphics, Faraday Technology, Lattice Semiconductor, Achronix Semiconductor, Dolphin Integration, Open-Silicon, Xilinx, Sonics Inc.

Intrado Digital Media | September 29, 2021

Read More 'CDNS' Stories Here

CDNS Price Returns

1-mo -4.80%
3-mo 11.44%
6-mo 10.09%
1-year 34.65%
3-year 288.38%
5-year 495.94%
YTD 14.18%
2020 96.70%
2019 59.52%
2018 3.97%
2017 65.82%
2016 21.19%

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