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


Cadence Design Systems, Inc. (CDNS): $153.53

-8.22 (-5.08%)

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 99.48% of US stocks.
  • CDNS's strongest trending metric is Quality; it's been moving up over the last 157 days.
  • CDNS's current lowest rank is in the Growth metric (where it is better than 25.45% of US stocks).

CDNS Stock Summary

  • CDNS has a higher market value than 93.94% of US stocks; more precisely, its current market capitalization is $44,827,556,750.
  • CDNS's price/sales ratio is 15.07; that's higher than the P/S ratio of 89.87% of US stocks.
  • With a year-over-year growth in debt of -50.13%, Cadence Design Systems Inc's debt growth rate surpasses just 9.28% of about US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Cadence Design Systems Inc are SNPS, EA, ATVI, DXCM, and VRTX.
  • 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 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

    Its 5 year cash and equivalents growth rate is now at 16.77%.
  • Its 2 year price growth rate is now at 96.76%.
  • Its year over year price growth rate is now at 85.29%.
CDNS's revenue has moved up $1,064,827,000 over the prior 49 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
2021-09-30 2,975.117 1,020.623 693.114
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

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 $153.53 52-week high $192.70
Prev. close $161.75 52-week low $118.11
Day low $152.92 Volume 2,284,480
Day high $156.57 Avg. volume 1,563,455
50-day MA $179.71 Dividend yield N/A
200-day MA $154.13 Market Cap 42.55B

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.

Cadence Awards 38 Diversity Scholarships to Students in Technology

Cadence is thrilled to launch the first installment in our four-part blog series, spotlighting the outstanding recipients of our 2021 Diversity in Technology Scholarship program.

Yahoo | January 17, 2022

Cadence (CDNS) Spurs Depth Perception With Tensilica Vision Q7 DSP

Cadence (CDNS) integrates its Tensilica Vision Q7 DSP solution with Light's Clarity Depth Perception Platform to enhance advanced driver-assistance systems with greater performance.

Yahoo | January 17, 2022

Light Leverages Cadence Tensilica Vision Q7 DSP for Enhanced Depth Perception in Next-Generation ADAS Systems

Light™ and Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that Light has deployed the Cadence® Tensilica® Vision Q7 DSP for use in Light's Clarity™ Depth Perception Platform, which provides long-range, high-resolution depth perception using industry-standard cameras benefiting advanced driver-assistance systems (ADAS). The Tensilica Vision Q7 DSP provides Light with real-time data processing, ensuring low-latency, high-bandwidth transmission of high-resolution output.

Yahoo | January 13, 2022

Cadence (CDNS) Solution Boosts Efficiency of Rodelta Pumps

Cadence (CDNS) maximizes the efficiency of Rodelta Pumps International on the back of its Omnis CFD solution.

Yahoo | January 11, 2022

What 9 Analyst Ratings Have To Say About Cadence Design Systems

Cadence Design Systems (NASDAQ: CDNS ) has observed the following analyst ratings within the last quarter:…

Business Insider Markets | January 10, 2022

Read More 'CDNS' Stories Here

CDNS Price Returns

1-mo -14.30%
3-mo -4.10%
6-mo 7.35%
1-year N/A
3-year 229.32%
5-year 491.18%
YTD -17.61%
2021 36.59%
2020 96.70%
2019 59.52%
2018 3.97%
2017 65.82%

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